Authority of the Committee. The Plan shall be administered by the Committee except to the extent the Board elects to administer the Plan, in which case references herein to the “Committee” shall be deemed to include references to the “Board.” Subject to the express provisions of the Plan, Rule 16b-3 and other applicable laws, the Committee shall have the authority, in its sole and absolute discretion, to:
Appears in 6 contracts
Samples: Unit Purchase Agreement (Dune Acquisition Corp), Agreement and Plan of Merger (Dune Acquisition Corp), Business Combination Agreement (HighPeak Energy, Inc.)
Authority of the Committee. The Except as otherwise provided herein, the Plan shall be administered by the Committee except Committee, which shall have the power to interpret the Plan and to adopt such rules and guidelines for implementing the terms of the Plan as it may deem appropriate. The Committee, shall have the ability to modify the Plan provisions, to the extent the Board elects necessary, or delegate such authority, to administer the Plan, accommodate any changes in law and regulations in jurisdictions in which case references herein to the “Committee” shall be deemed to include references to the “Board.” Participants will receive Awards. Subject to the express provisions terms of the Plan, Rule 16b-3 Plan and other applicable lawslaw, the Committee shall have the authority, in its sole full power and absolute discretion, authority to:
Appears in 1 contract
Samples: Agreement (Evolving Systems Inc)
