Common use of Effect of Administrator’s Decision Clause in Contracts

Effect of Administrator’s Decision. The Administrator’s decisions, determinations, and interpretations will be final and binding on the Participant and will be given the maximum deference permitted by Applicable Laws.

Appears in 4 contracts

Sources: Stand Alone Inducement Restricted Stock Unit Agreement and Stand Alone Inducement Stock Option Agreement, Stand Alone Inducement Performance Unit Agreement (Accuray Inc), Stand Alone Inducement Restricted Stock Unit Agreement and Stand Alone Inducement Stock Option Agreement

Effect of Administrator’s Decision. The Administrator’s decisions, determinations, determinations and interpretations will be final and binding on the Participant and will any other holders of the Award and shall be given the maximum deference permitted by Applicable Lawslaw.

Appears in 2 contracts

Sources: Market Based Restricted Stock Unit Agreement (Quantum Corp /De/), Restricted Stock Unit Agreement (Quantum Corp /De/)

Effect of Administrator’s Decision. The Administrator’s decisions, determinations, determinations and interpretations will shall be final and binding on the Participant and will be given the maximum deference permitted by Applicable Lawsbinding.

Appears in 1 contract

Sources: Stand Alone Stock Option Agreement (Iridex Corp)