Common use of Interpretation and Construction Clause in Contracts

Interpretation and Construction. This Grant Agreement and the Plan shall be construed and interpreted by the Committee, in its sole discretion. Any interpretation or other determination by Committee (including correction of any defect or omission and reconciliation of any inconsistency) shall be binding and conclusive. All determinations regarding enforcement, waiver or modification of the cancellation and rescission and other provisions of this Grant Agreement shall be made in the Committee’s sole discretion. Determinations made under this Grant Agreement and the Plan need not be uniform and may be made selectively among individuals, whether or not such individuals are similarly situated.

Appears in 28 contracts

Sources: Restricted Stock Unit Grant Agreement (General Electric Co), Performance Stock Unit Grant Agreement (General Electric Co), Performance Stock Unit Grant Agreement (General Electric Co)

Interpretation and Construction. This Grant Agreement and the Plan shall be construed and interpreted by the Committee, in its sole discretion. Any interpretation or other determination by the Committee (including correction of any defect or omission and reconciliation of any inconsistency) shall be binding and conclusive. All determinations regarding enforcement, waiver or modification of the cancellation and rescission and other provisions of this Grant Agreement shall be made in the Committee’s sole discretion. Determinations made under this Grant Agreement and the Plan need not be uniform and may be made selectively among individuals, whether or not such individuals are similarly situated.

Appears in 15 contracts

Sources: Equity Grant Agreement (GE HealthCare Technologies Inc.), Equity Grant Agreement (GE HealthCare Technologies Inc.), Equity Grant Agreement (GE HealthCare Technologies Inc.)

Interpretation and Construction. This Grant Agreement and the Plan shall be construed and interpreted by the CommitteeBoard, in its sole discretion. Any interpretation or other determination by Committee the Board (including correction of any defect or omission and reconciliation of any inconsistency) shall be binding and conclusive. All determinations regarding enforcement, waiver or modification of the cancellation and rescission and other provisions of this Grant Agreement shall be made in the CommitteeBoard’s sole discretion. Determinations made under this Grant Agreement and the Plan need not be uniform and may be made selectively among individuals, whether or not such individuals are similarly situated.

Appears in 1 contract

Sources: Equity Grant Agreement (GE HealthCare Technologies Inc.)