Common use of Determination by the Board Clause in Contracts

Determination by the Board. Upon entering into this Agreement, ▇▇▇▇▇▇▇ understands and agrees that a determination of the Board shall be final and binding on the issue of whether ▇▇▇▇▇▇▇’s actions are or will be in violation of this Section II.B.3. ▇▇▇▇▇▇▇ may request in writing from the Board an advance determination as to whether ▇▇▇▇▇▇▇’s proposed actions will violate this Section II.B.3.

Appears in 13 contracts

Sources: Employment Agreement (Trimas Corp), Restricted Stock Units Agreement (Trimas Corp), Restricted Stock Units Inducement Award Agreement (Trimas Corp)

Determination by the Board. Upon entering into this Agreement, ▇▇▇▇▇▇▇ understands and agrees that a determination of the Board shall be final and binding on the issue of whether ▇▇▇▇▇▇▇’s actions are or will be in violation of this Section II.B.3II.B.4. ▇▇▇▇▇▇▇ may request in writing from the Board an advance determination as to whether ▇▇▇▇▇▇▇’s proposed actions will violate this Section II.B.3II.B.4.

Appears in 7 contracts

Sources: Special Performance Stock Units Agreement (Trimas Corp), Restricted Stock Units Agreement (Trimas Corp), Performance Stock Units Agreement (Trimas Corp)