Common use of Rules and Decisions Clause in Contracts

Rules and Decisions. The Committee may adopt such rules as it deems necessary, desirable, or appropriate in the administration of the Plan. All rules and decisions of the Committee shall be applied uniformly and consistently to all Participants in similar circumstances. When making a determination or calculation, the Committee shall be entitled to rely upon information furnished by a Participant or beneficiary, a Company or the legal counsel of a Company.

Appears in 2 contracts

Sources: Directors Deferred Compensation Plan (Horizon Bancorp /In/), Directors Deferred Compensation Plan (Horizon Bancorp /In/)

Rules and Decisions. The Committee may adopt such rules as it deems necessary, desirable, or appropriate in the administration of the Plan. All rules and decisions of the Committee shall be applied uniformly and consistently to all Participants in similar circumstancesappropriate. When making a determination or calculation, the Committee shall be entitled to rely upon information furnished by a Participant Executive or beneficiaryBeneficiary, a the Company or the legal counsel of a the Company.

Appears in 2 contracts

Sources: Supplemental Retirement Income Agreement (Fleming Companies Inc /Ok/), Supplemental Retirement Income Agreement (Fleming Companies Inc /Ok/)

Rules and Decisions. The Committee may adopt such rules as it deems necessary, desirable, or appropriate in the administration of the Plan. All rules and decisions of the Committee shall be applied uniformly and consistently to all Participants in similar circumstancesappropriate. When making a determination or calculation, the Committee shall be entitled to rely upon information furnished by a Participant or beneficiaryExecutive, a the Company or the legal counsel of a the Company.

Appears in 1 contract

Sources: Supplemental Retirement Income Agreement (Devon Energy Corp /Ok/)