Delegation to Executive Officers. To the extent permitted by applicable law, the Board may delegate to one or more executive officers of the Company the power to grant Awards and exercise such other powers under the Plan as the Board may determine, provided that the Board shall fix the maximum number of Awards to be granted and the maximum number of shares issuable to any one Participant pursuant to Awards granted by such executive officers.
Appears in 2 contracts
Samples: Employment Agreement (American Railcar Industries, Inc./De), Employment Agreement (American Railcar Industries, Inc./De)
Delegation to Executive Officers. To the extent permitted by applicable law, the Board may delegate to one or more executive officers of the Company the power to grant Awards make Options and exercise such other powers under the Plan as the Board may determine, provided that the Board shall fix the maximum number of Awards shares subject to be granted Options and the maximum number of shares issuable to for any one Participant pursuant Optionee to Awards granted be made by such executive officers.
Appears in 2 contracts
Samples: Employment Agreement (Sciquest Inc), Executive Employment Agreement (Sciquest Com Inc)
