Common use of Decisions of the Committee Clause in Contracts

Decisions of the Committee. The Plan is administered by the Human Resources and Compensation Committee (the “Committee”) of the Board of Directors. Any decision, interpretation or other action made or taken in good faith by the Committee arising out of or in connection with the Plan or the Award will be final, binding and conclusive on StorageTek and you and any respective heir, executor, administrator, successor or assign.

Appears in 2 contracts

Samples: Employee Restricted Stock Agreement (Storage Technology Corp), Employee Restricted Stock Agreement (Storage Technology Corp)

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Decisions of the Committee. The Plan is administered by the Human Resources and Compensation Committee (the “Committee”) of the Board of Directors. Any decision, interpretation or other action made or taken in good faith by the Committee arising out of or in connection with the Plan or the Award Option will be final, binding and conclusive on StorageTek and you and any respective heir, executor, administrator, successor or assign.

Appears in 2 contracts

Samples: Employee Non Qualified Stock Option Agreement (Storage Technology Corp), Qualified Stock Option Agreement (Storage Technology Corp)

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Decisions of the Committee. The Plan is administered by the Human Resources and Compensation Committee (the “Committee”) of the Board of Directors. Any decision, interpretation or other action made or taken in good faith by the Committee arising out of or in connection with the Plan or the Award Units will be final, binding and conclusive on StorageTek and you and any respective heir, executor, administrator, successor or assign.

Appears in 1 contract

Samples: Stock Units Agreement (Storage Technology Corp)

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