Committee Definition Example with 9 Variations

This page contains an example definition of Committee, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Committee. Means a committee designated by the Board to administer the Plan; provided, however, that if the Board fails to designate a committee or if there are no longer any members on the committee so designated by the Board, then the Board shall serve as the Committee. The Committee shall consist of at least two directors, and each member of the Committee shall be (i) a "non-employee director" within the meaning of Rule 16b-3 (or any successor rule) under the ... Exchange Act, unless administration of the Plan by "non-employee directors" is not then required in order for exemptions under Rule 16b-3 to apply to transactions under the Plan, (ii) an "outside director" within the meaning of Section 162(m) of the Code, and (iii) "Independent." View More Arrow
Found in Global Energy Holdings Group, Inc. contract

Variations

Committee. Means a committee designated by the Board to administer the Plan; provided, however, that if the Board fails to designate a committee or if there are no longer any members on the committee so designated by the Board, or for any other reason determined by the Board, then the Board shall serve as the Committee. The While it is intended that the Committee shall consist of at least two directors, and each member of the Committee whom shall be (i) a "non-employee director" within the meaning of Rule... 16b-3 (or any successor rule) under the Exchange Act, unless administration of the Plan by "non-employee directors" is not then required in order for exemptions under Rule 16b-3 to apply to transactions under the Plan, (ii) an "outside director" within the meaning of Section 162(m) of the Code, and (iii) "Independent." "Independent," the failure of the Committee to be so comprised shall not invalidate any Award that otherwise satisfies the terms of the Plan View More Arrow
Found in AUDIOEYE INC contract
Committee. Means a committee designated by means the Board to administer Compensation Committee of the Plan; Board; provided, however, that if the Board fails at any time, there shall fail to designate be a committee sitting Compensation Committee or if there are no longer any members on the committee so designated by the Board, Compensation Committee, then the Board shall serve as the Committee. The Committee shall consist of at least two directors, and each member of the Committee shall be (i) a... "non-employee director" within the meaning of Rule 16b-3 (or any successor rule) under the Exchange Act, unless administration of the Plan by "non-employee directors" is not then required in order for exemptions under Rule 16b-3 to apply to transactions under the Plan, (ii) an "outside director" within the meaning of Section 162(m) of the Code, and (iii) "Independent." "Independent". View More Arrow
Found in 2 Contracts from Circle Entertainment, Inc.
Committee. Means means a committee designated by the Board to administer the Plan; provided, however, that if the Board fails to designate a committee or if there are no longer any members on the committee so designated by the Board, or for any other reason determined by the Board, then the Board shall serve as the Committee. The In the event that the Company becomes a Publicly Held Corporation (as hereinafter defined), then the Committee shall consist of at least two directors, and each member of the... Committee whom shall be (i) a "non-employee director" within the meaning of Rule 16b-3 (or any successor rule) under the Exchange Act, unless administration of the Plan by "non-employee directors" is not then required in order for exemptions under Rule 16b-3 to apply to transactions under the Plan, (ii) an "outside director" within the meaning of Section 162(m) of the Code, and (iii) "Independent." "Independent", the failure of the Committee to be so comprised shall not invalidate any Award that otherwise satisfies the terms of the Plan. View More Arrow
Found in 2 Contracts from 2 Companies
Committee. Means a means the Compensation Committee of the Board or another committee comprised of Board members and designated by the Board to administer the this Plan; provided, however, that if the Board fails to designate a committee or if there are no longer any members on the committee so designated by the Board, then the Board shall serve as the Committee. The Committee shall consist of at least two directors, and each member of the Committee shall be (i) a "non-employee director" within the... meaning of Rule 16b-3 (or any successor rule) under the Exchange Act, unless administration of the this Plan by "non-employee directors" is not then required in order for exemptions under Rule 16b-3 to apply to transactions under the this Plan, and (ii) an "outside director" within the meaning of Section 162(m) of the Code, and (iii) "Independent." View More Arrow
Found in POINT BLANK SOLUTIONS, INC. contract
Committee. Means means a committee designated by the Board to administer the Plan; provided, however, that if the Board fails to designate a committee or if there are no longer any members on the committee so designated by the Board, then the Board shall serve as the Committee. The In the event that the Company becomes a Publicly Held Corporation (as hereinafter defined), then the Committee shall consist of at least two directors, and each member of the Committee shall be (i) a "non-employee director"... within the meaning of Rule 16b-3 (or any successor rule) under the Exchange Act, unless administration of the Plan by "non-employee directors" is not then required in order for exemptions under Rule 16b-3 to apply to transactions under the Plan, (ii) an "outside director" within the meaning of Section 162(m) of the Code, and (iii) "Independent." View More Arrow
Found in CONSONUS TECHNOLOGIES, INC. contract
Committee. Means means a committee comprised of Board members and designated by the Board to administer this Plan which may consist of two or more directors, who are (i) "non-employee directors" within the Plan; meaning of Rule 16b-3 (or any successor rule) under the Exchange Act, unless administration of this Plan by "non-employee directors" is not then required in order for exemptions under Rule 16b-3 to apply to transactions under this Plan, and (ii) "outside directors" within the meaning of Section... 162(m) of the Code, and (iii), if the Company's securities are listed or quoted for trading on the NASDAQ Stock Market or a national securities exchange, "Independent"; provided, however, that if the Board fails to designate a committee or if there are no longer any members on the committee so designated by the Board, then the Board shall serve as the Committee. The Committee shall consist of at least two directors, and each member of the Committee shall be (i) a "non-employee director" within the meaning of Rule 16b-3 (or any successor rule) under the Exchange Act, unless administration of the Plan by "non-employee directors" is not then required in order for exemptions under Rule 16b-3 to apply to transactions under the Plan, (ii) an "outside director" within the meaning of Section 162(m) of the Code, and (iii) "Independent." View More Arrow
Found in UNIVERSAL FOOD & BEVERAGE COMPNY contract
Committee. Means means a committee designated by the Board to administer the Plan; provided, however, that if the Board fails to designate a committee or if there are no longer any members on the committee so designated by the Board, or for any other reason determined by the Board, then the Board shall serve as the Committee. The Committee shall consist of at least two directors, and each member of the Committee shall be (i) a "non-employee director" within the meaning of Rule 16b-3 (or any successor... rule) under the Exchange Act, unless administration of the Plan by "non-employee directors" is not then required in order for exemptions under Rule 16b-3 to apply to transactions under the Plan, and (ii) an "outside director" within "Independent"; provided, however, the meaning of Section 162(m) failure of the Code, and (iii) "Independent." Committee to be so comprised shall not invalidate any Award that otherwise satisfies the terms of the Plan. View More Arrow
Found in DESTINATION XL GROUP, INC. contract
Committee. Means means a committee designated by the Board to administer the Plan; provided, however, that if the Board fails to designate a committee or if there are no longer any members on the committee so designated by the Board, or for any other reason determined by the Board, then the Board shall serve as the Committee. The In the event that the Company becomes a Publicly Held Corporation (as hereinafter defined), then the Committee shall consist of at least two directors, and each member of the... Committee whom shall be (i) a "non-employee director" within the meaning of Rule 16b-3 (or any successor rule) under the Exchange Act, unless administration of the Plan by "non-employee directors" is not then required in order for exemptions under Rule 16b-3 to apply to transactions under the Plan, and (ii) an "outside director" within "Independent", the meaning of Section 162(m) failure of the Code, and (iii) "Independent." Committee to be so comprised shall not invalidate any Award that otherwise satisfies the terms of the Plan. View More Arrow
Found in KURA SUSHI USA, INC. contract
Committee. Means means the Compensation Committee of the Board or a committee designated subcommittee thereof appointed by the Board Compensation Committee to administer act as the Committee under this Plan; provided, however, that if the Board fails to designate a committee Compensation Committee or if there are no longer any members on the committee Compensation Committee so designated by the Board, or for any other reason determined by the Board, then the Board shall serve as the Committee. The While... it is intended that the Committee shall consist of at least two directors, and each member of the Committee whom shall be (i) a "non-employee director" within the meaning of Rule 16b-3 (or any successor rule) under the Exchange Act, unless administration of the Plan by "non-employee directors" is not then required in order for exemptions under Rule 16b-3 to apply to transactions under the Plan, and (ii) an "outside director" within "Independent", the meaning of Section 162(m) failure of the Code, and (iii) "Independent." Committee to be so comprised shall not invalidate any Award that otherwise satisfies the terms of the Plan. View More Arrow
Found in Envoy Technologies, Inc. contract
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