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This excerpt taken from the FZN DEF 14A filed Oct 9, 2007. Administration. The
2007 Plan is administered by the Board, which may, as permitted by and
consistent with applicable law, delegate any or all of its powers under the
plan to a committee it appoints. Our
Board has delegated its authority to administer the 2007 Plan to our
Compensation Committee. Subject
to the terms of the 2007 Plan, the Board (or such committee) has the authority
to determine the individuals to whom, and the time or times at which, awards
are made, the size of each award, and the other terms and conditions of each
award (which need not be identical across participants). The Board also has the
authority, subject to the express provisions of the 2007 Plan, to construe the
respective agreements
10 under the plan, proscribe, amend and rescind rules and regulations relating to the plan, accelerate or extend the dates options may be exercised or accelerate the vesting of other stock awards, and make all other determinations which are in the Board’s judgment necessary or desirable for the administration of the plan. The Board’s construction and interpretation of the terms and provisions of the plan are final and conclusive. |
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