Committee

Committee. The committee designated by the Board to administer the Plan pursuant to Section 3, which shall be comprised solely of two or more "outside" directors within the meaning of Treasury Regulation section 1.162-27(e)(3) promulgated under Section 162(m) of the Code

Committee. The Governance and Nominating Committee of the Board of Directors of the Corporation or any other Committee which such Board appoints to administer the Plan

Committee. The Compensation and Management Development Committee of the Board of Directors of the Corporation or any other Committee which such Board of Directors appoints to administer the Plan

Committee. Means the Compensation Committee of the Board. The Board may reserve to itself any or all of the authority and responsibility of the Committee under the Option Agreement or may act as administrator of the Option Agreement for any and all purposes. To the extent the Board has reserved any authority and responsibility or during any time that the Board is acting as administrator of the Option Agreement, it shall have all the powers of the Committee hereunder, and any reference herein to the... Committee shall include the Board. View More

Committee. The Administrative Committee as appointed by the Board in its discretion from time to time and initially consisting of the Company's Chief Executive Officer, Chief Financial Officer, Chief Marketing Officer and Chief People Officer. Notwithstanding the foregoing, the Compensation Committee of the Board shall act as the Committee under the Plan with respect to Eligible Employees who also are members of the Administrative Committee. In addition, all decisions of the Administrative Committee with... respect to Eligible Employees who are subject to reporting requirements under Section 16 of the Securities Exchange Act of 1934 shall be subject to review and approval by the Compensation Committee of the Board View More

Committee. The Board, or any committee appointed by the Board, to administer this Plan pursuant to Section 3.1

Committee. Means one or more committees or subcommittees of the Board consisting of two (2) or more Directors (or such lesser or greater number of Directors as shall constitute the minimum number permitted by Applicable Laws to establish a committee or sub-committee of the Board) appointed by the Board to administer the Plan in accordance with Section 4 below. Notwithstanding the foregoing, on and after the Merger Effective Time, references to the "Committee" shall mean the Compensation Committee of the... Board of Directors of Volato Group, Inc. or other committee of the Board which may be appointed to administer the Plan in accordance with Applicable Laws. View More

Committee. A committee of the Board designated by the Board to administer the Plan in accordance with Section 5(a) below.

Committee. The Compensation Committee of the Board or those persons to whom administration of the Plan, or part of the Plan, has been delegated as permitted by law.

Committee. A committee of at least two people as the Board may appoint to administer the Plan or, if no such committee has been appointed by the Board, the Board. . In the event that an action necessary for the administration of this Plan is required under Applicable Law to be taken by the Board without the right of delegation, or if such action or power was explicitly reserved by the Board in appointing, establishing and empowering the Committee, then such action shall be so taken by the Board. In any... such event, all references herein to the Committee shall be construed as references to the Board. Even if such a Committee was appointed or established, the Board may take any actions that are stated to be vested in the Committee, and shall not be restricted or limited from exercising all rights, powers and authorities under this Plan or Applicable Law. View More