Stock Option Committee

Example Definitions of "Stock Option Committee"
Stock Option Committee. The Board of Directors of the Bank may select and designate a Stock Option Committee consisting of three or more directors of the Bank, having full authority to act in the matter. Regardless of whether a Stock Option Committee is selected, the Board of Directors of the Bank may act as the Stock Option Committee and any action taken by said Board as such shall be deemed to be action taken by the Stock Option Committee. All references in the Plan to the "Stock Option Committee" shall be deemed to... refer to the Board of Directors of the Bank acting as the Stock Option Committee and to a duly appointed Stock Option Committee, if there be one. In the event of any conflict between action taken by the Board acting as a Stock Option Committee and action taken by a duly appointed Stock Option Committee, the action taken by the Board shall be controlling and the action taken by the duly appointed Stock option Committee shall be disregarded. View More Arrow
Found in CU Bancorp contract
Stock Option Committee. The Board of Directors of the Bank Corporation may select and designate a Stock Option Committee stock option committee consisting of three or at least two and not more directors than five persons, at least two of the Bank, whom are directors, having full authority to act in the matter. matters. Regardless of whether a Stock Option Committee is selected, the Board of Directors of the Bank may act as the Stock Option Committee and any action taken by said the Board of Directors as such shall be... deemed to be action taken by the Stock Option Committee. All references in the Plan to the "Stock Option Committee" shall be deemed to refer references to the Board of Directors of the Bank acting as the Stock Option Committee a stock option committee and to a duly appointed Stock Option Committee, if there be one. In the event of any conflict between any action taken by the Board of Directors acting as a Stock Option Committee and any action taken by a duly appointed Stock Option Committee, the action taken by the Board of Directors shall be controlling and the action taken by the duly appointed Stock option Option Committee shall be disregarded. -3- View More Arrow
Found in PacWest Bancorp contract
View Variation Arrow
Stock Option Committee. Means a committee of the Board of Directors appointed by the Board to administer the Plan and perform the functions set forth herein for the Stock Option Committee, which committee shall be composed of two or more members of the Board who are all "disinterested persons" within the meaning of Section 240.16b-3 of the regulations issued under the Securities Exchange Act of 1934.
Found in SNYDER'S-LANCE, INC. contract
Stock Option Committee. Means the committee appointed to administer the Plan pursuant to Article 7 herein, if such committee is appointed.
Found in SPECIAL DEVICES INC contract
Stock Option Committee. Means a committee designated by the Board, consisting of at least two Board members who are not eligible for grants of Options under the Plan;
Found in ZOOM TECHNOLOGIES INC contract
Stock Option Committee. The Stock Option Committee appointed by the Board. Prior to the appointment of such a committee, the Board shall be deemed the Stock Option Committee
Found in AMERICAN SOFTWARE INC contract
Stock Option Committee. Any committee chosen by the Board of Directors to implement, interpret and administer this Plan
Found in Consorteum Holdings, Inc. contract
All Definitions