Option Committee means the Committee selected and designated by the Board of Directors to administer the Plan, consisting of not less than two (2) members of the Board of Directors.
Option Committee means the Board or any of its committees, as applicable, that is administering the Plan pursuant to Section 4 of the Plan.
Option Committee means the Committee selected and designated by the Board of Directors to administer the 2014 Plan, consisting of not less than one (1) member of the Board of Directors. In the event the Board has not established an Option Committee, the functions will be performed by the Board.
Examples of Option Committee in a sentence
All determinations of the Stock Option Committee will be made by the majority vote of the members constituting the quorum.
The Board may from time to time remove members from or add members to the Stock Option Committee.
The members may participate in a meeting of the Stock Option Committee by conference telephone or similar communications equipment by means of which all members participating in the meeting can hear each other.
The Board or the Stock Option Committee shall follow the procedures prescribed for it elsewhere in this Plan.
The Stock Option Committee shall hold its meetings at such times and places as its chairman shall determine.
More Definitions of Option Committee
Option Committee. The Plan shall be administered by the Option Committee which shall consist of the Board or a committee of the Board as the Board may time to time designate.
Option Committee means the committee responsible for administering the Plan pursuant to the authority set forth in Section 3 hereof. The Compensation Committee of the Board of Directors shall serve as the Option Committee.
Option Committee means the Committee selected and designated by the Board of Directors to administer the Plan, consisting of not less than two (2) members of the Board of Directors and if there is only one member of the Board of Directors, then such member.
Option Committee means the Stock Option Committee appointed by the Board in accordance with Section 4.1 of this Plan, if one is appointed.
Option Committee means the Option Committee of the Board,
Option Committee means the committee responsible for administering the Plan as described in Section 3 hereof.