KAR Clause Samples
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KAR. As of the Effective Time, KAR shall retain, and remain the sponsor of, the KAR Directors Deferred Compensation Plan (the “KAR Director Plan”).
KAR. Where written approval or consent or other action of KAR is required, such written approval shall mean the written approval of KAR evidenced by a resolution thereof. Any such written approval, consent or other action shall not be unreasonably withheld or delayed.