Common use of Action by the Administrator Clause in Contracts

Action by the Administrator. The Administrator may act at a meeting or in writing signed by all members in lieu of a meeting. The Administrator is entitled to, in good faith, rely or act upon any report or other information furnished by any officer or other employee of any Group Member, the Company’s independent certified public accountants, or any executive compensation consultant or other professional retained by the Company to assist in the administration of the Plan.

Appears in 3 contracts

Sources: Announcement, Announcement, Announcement

Action by the Administrator. The Administrator may act at a meeting or in writing signed by all members in lieu Each member of a meeting. The the Administrator is entitled to, in good faith, rely or act upon any report or other information furnished to that member by any officer or other employee of any Group MemberEmployee, the Company’s independent certified public accountants, or any executive compensation consultant or other professional retained by the Company to assist in the administration of the Plan.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (FTAC Olympus Acquisition Corp.)