Committee Definition Example

This example Committee definition appears in 2 contracts from 2 companies

Committee. Means a committee of two or more directors designated by the Board to administer this Plan; provided, however, that, unless otherwise determined by the Board, the Committee shall consist solely of two or more directors, each of whom shall be a Qualified Member (except to the extent administration of this Plan by "outside directors" is not then required in order to qualify for tax deductibility under Section 162(m) of the Code).
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