Administration and Interpretation of this Agreement. Interpretation by the Employer and/or the Executive Personnel/Compensation Committee shall be final and binding upon Executive (and Executive’s Beneficiary or Beneficiaries). The Employer and/or the Executive Personnel/Compensation Committee may adopt rules and regulations relating to this Agreement as it may deem necessary or advisable for the administration thereof.
Appears in 2 contracts
Sources: Supplemental Executive Retirement Agreement (Merchants & Manufacturers Bancorporation Inc), Supplemental Executive Retirement Agreement (Merchants & Manufacturers Bancorporation Inc)