Board definition
Examples of Board in a sentence
For purposes of this Agreement, “Protected Activity” shall mean filing a charge or complaint, or otherwise communicating, cooperating, or participating with, any state, federal, or other governmental agency, including the Securities and Exchange Commission, the Equal Employment Opportunity Commission, and the National Labor Relations Board.
The Board or its duly authorized committee, as applicable, shall determine in its sole discretion whether the Employee shall be granted any such equity awards and the terms of any such award in accordance with the terms of any applicable plan or arrangement that may be in effect from time to time.
Any actual bonus will be paid as soon as practicable after the Board or its duly authorized committee determines that a bonus has been earned, but in no event shall the actual bonus be paid after the later of (i) the fifteenth (15th) day of the third (3rd) month following the close of the Company’s fiscal year in which the bonus is earned or (ii) March 15 following the calendar year in which the bonus is earned.
Any such written instrument must be approved by the Board to be effective as against the Company.
The actual bonus for any performance period will only be earned at the time the Board or its duly authorized committee determines, at its sole discretion, the amount of the actual bonus and the Employee must remain employed by the Company through the date of such determination to earn the bonus.