Common use of Binding Effect of Decisions Clause in Contracts

Binding Effect of Decisions. The decision or action of the Company with respect to any question arising out of or in connection with the administration, interpretation and application of this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in this Agreement.

Appears in 13 contracts

Samples: Insurance Agreement (Catalyst Bancorp, Inc.), Supplemental Life Insurance Agreement (Community Financial Corp /Md/), Supplemental Life Insurance Agreement (Community Financial Corp /Md/)

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Binding Effect of Decisions. The decision or action of the Company with respect to any question arising out of or in connection with the administration, interpretation and application of this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in this Agreementthe Director and the Company and their beneficiaries, survivors, executors, successors, administrators and transferees.

Appears in 3 contracts

Samples: Director Retirement Agreement, Director Retirement Agreement (United Security Bancshares Inc), Director Retirement Agreement (United Security Bancshares Inc)

Binding Effect of Decisions. The Any decision or action of the Company with respect to any question arising out of or in connection with the administration, interpretation and application of this the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in this the Agreement.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Agreement (Midwest Banc Holdings Inc), Supplemental Executive Retirement Agreement (Midwest Banc Holdings Inc)

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Binding Effect of Decisions. The decision or action of the Company with respect to any question arising out of or in connection with the administration, interpretation and application of this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in this Agreement.. 9.4

Appears in 1 contract

Samples: Split Dollar Agreement (First National Lincoln Corp /Me/)

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