Appointment of Committees. To the extent Applicable Laws permit, the Board may delegate any or all of its powers under the Plan to one or more Committees or officers of the Company or any of its Subsidiaries. The Board may abolish any Committee or re-vest in itself any previously delegated authority at any time.
Appears in 2 contracts
Sources: Transaction Agreement (Horizon Acquisition Corp), Business Combination Agreement (Ascendant Digital Acquisition Corp.)
Appointment of Committees. To the extent Applicable Laws permit, the Board or the Administrator may delegate any or all of its powers under the Plan to one or more Committees or committees of officers of the Company or any of its Subsidiaries. The Board or the Administrator, as applicable, may rescind any such delegation, abolish any such committee or Committee or and/or re-vest in itself any previously delegated authority at any time.
Appears in 2 contracts
Sources: Business Combination Agreement (L&F Acquisition Corp.), Merger Agreement (Locust Walk Acquisition Corp.)
Appointment of Committees. To the extent Applicable Laws permit, the Board may delegate any or all of its powers under the Plan to one or more Committees or officers of the Company or any of its SubsidiariesCommittees. The Board may abolish any Committee or re-vest in itself any previously delegated authority at any time.
Appears in 1 contract
Sources: Merger Agreement (Northern Genesis Acquisition Corp. II)
Appointment of Committees. To the extent Applicable Laws permit, the Board or the Administrator may delegate any or all of its powers under the Plan to one or more Committees or committees of officers of the Company or any of its Subsidiaries. The Board may abolish ; provided, that, any Committee such officer delegation shall exclude the power to grant Awards to non-employee Directors or re-vest in itself any previously delegated authority at any time.Section 16
Appears in 1 contract