Plan Committee Sample Clauses

Plan Committee. As a condition of the granting of the Option, the Optionee agrees for the Optionee and the Optionee's heirs, legatees and legal representatives, that any dispute or disagreement which may arise under or as a result of or pursuant to this Agreement shall be determined by the Committee administering the Plan in its sole discretion, and any interpretation by the Committee of the terms of this Agreement or the Plan shall be final, binding, and conclusive.
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Plan Committee. The person or committee duly authorized by the Board of Directors. The Plan Committee shall be the agent for the Plan Sponsor with respect to the Plan and Trust.
Plan Committee. (a) The Plan Committee is expressly empowered to limit the amount of Compensation that may be deferred; to deposit amounts into Trust(s) in accordance with this Plan; to interpret the Plan, and to determine all questions arising in the administration, interpretation and application of the Plan; to employ actuaries, accountants, counsel, and other persons it deems necessary in connection with the administration of the Plan; to request any information from the Plan Sponsor it deems necessary to determine whether the Plan Sponsor would be considered insolvent or subject to a proceeding in bankruptcy; and to take all other necessary and proper actions to fulfill its duties as Plan Committee.
Plan Committee. The Organization and Compensation Committee of the Company’s Board of Directors (the “Committee”) shall have full power and authority to interpret, construe and administer this Agreement and the Retiree Medical Plan, and such Committee’s interpretations hereof, and all actions hereunder, shall be binding and conclusive on all persons and for all purposes. No member of the Committee shall be liable to any person for any action taken or omitted in connection with the interpretation and administration of this Agreement unless attributable to such member’s willful misconduct.
Plan Committee. The Plan shall be administrated by the Committee appointed by the Board of Directors. Members of the Committee or agents of the Committee may be Participants under the Plan.
Plan Committee. (b) The Plan shall contain the following components subject to (c) below: Elimination Period - sixty (60) continuous working days. Monthly Indemnity - sixty percent (60%) to a maximum benefit of four thousand ($4,000) plus required registered pension plan contributions. Benefits cease at age sixty-five (65). Sick leave benefits cease after:
Plan Committee. The parties acknowledge and agree that the Plan Committee provisions set forth in Schedule 3.1 of the Agreement shall apply to the Employee Plan, subject to the specific provisions set forth in this Schedule 3.6(b)-1, including Section (g) below, which shall control. Without limiting the generality of the foregoing, Operating Procedures, including the Employee Plan Account Application Criteria shall be a Bank Matter.
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Plan Committee. 35 9.3 Statement of Participant's Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 9.4 Delivery of Notices, Reports and Statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 9.5
Plan Committee. The Standard Products Collectively Bargained Savings and Retirement Plan Committee (the "Committee") shall consist of at least three members, appointed by the Company. The Committee shall be considered a "named fiduciary" within the meaning of ERISA. The following provisions shall be applicable to the Committee:
Plan Committee. The senior human resources officer of the Company shall have full power and authority to interpret, construe and administer this Agreement and the Retiree Medical Plan, and such Committee’s interpretations hereof, and all actions hereunder, shall be binding and conclusive on all persons and for all purposes. No member of the Compensation and Benefits Committee or the senior human resources officer shall be liable to any person for any action taken or omitted in connection with the interpretation and administration of this Agreement unless attributable to such member’s willful misconduct.
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