Committee Definition Example

Committee. Means the Compensation Committee of the Board, the composition and governance of which is established in the Committee's Charter as approved from time to time by the Board and subject to other corporate governance documents of the Company. No action of the Committee shall be void or deemed to be without authority due to the failure of any member, at the time the action was taken, to meet any qualification standard set forth in the Committee Charter or this Plan. The full Board may perform any... function of the Committee hereunder (except to the extent limited under applicable Nasdaq Marketplace Rules), in which case the term "Committee" shall refer to the Board. View More