Administering Body definition

Administering Body means the Board as long as no Committee has been appointed and is in effect and shall mean the Committee as long as the Committee is appointed and in effect.
Administering Body means the Board as long as no Stock Plan Committee has been appointed and is in effect and shall mean the Stock Plan Committee as long as the Stock Plan Committee is appointed and in effect.
Administering Body means the Board as long as no Committee has been appointed and delegated authority by the Board and shall mean the Committee as long as the Committee is appointed and has been delegated authority and has not been disbanded by the Board.

Examples of Administering Body in a sentence

  • The Plan and this Agreement shall be administered and may be definitively interpreted by the Administering Body, and the Optionee agrees that the decisions of such Administering Body concerning administration and interpretation of the Plan and this Agreement shall be final, binding and conclusive on all persons.

  • The Option shall not be transferable or assignable by the Optionee, other than in accordance with Section 5.9 of the Plan or by will or the laws of descent and distribution (or as otherwise permitted by the Administering Body in its sole discretion), and shall be exercisable during the Optionee's lifetime only by him or her or by his or her legal representative(s) or guardian(s) or any permitted transferee.

  • The exercise of an Option shall not be effective unless and until such condition(s) shall have been satisfied or the Administering Body shall have waived such conditions, in its sole discretion.

  • The Administering Body shall in its sole discretion determine whether one or more of these conditions is necessary or desirable to be satisfied in connection with the exercise of an Option and prior to the delivery or purchase of shares pursuant to the exercise of an Option.

  • The Optionee agrees that the decisions of such Administering Body concerning administration and interpretation of this Agreement and the Option shall be final, binding and conclusive on all persons.


More Definitions of Administering Body

Administering Body means the Board as long as no Stock Option Plan Committee has been appointed and is in effect and shall mean the Stock Option Plan Committee as long as the Stock Option Plan Committee is appointed and in effect.
Administering Body means the Board as long as no Committee has been appointed and is in effect and shall mean the Committee once the Committee has been appointed and is in effect.
Administering Body means the Board as long as no Consultants' Plan Committee has been appointed and is in effect and shall mean the Consultants' Plan Committee as long as the Consultants' Plan Committee is appointed and in effect.
Administering Body. – means an administering body under the Reserves Act 1977. “Territorial authority” – means a local authority and a unitary authority as defined in section 5 Local Government Act 2002.
Administering Body means a body administering an institution;
Administering Body means a body administering an institution; 'broadcast' means a sound broadcast or a television broadcast;
Administering Body means the administering body (as defined in section 2 of the Reserves Act 1977) of the Reserve;