XOM » Topics » III. Administration

This excerpt taken from the XOM 10-Q filed May 5, 2009.

Administration


The Board has ultimate authority to administer this Plan, including authority to grant or amend awards; to determine, subject to the limitations contained in this Plan, the terms and conditions of awards; and to construe and interpret Plan provisions.  Subject to the oversight of



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the Board, the administrator has authority to establish procedures and forms, and to take other actions assigned to the administrator under this Plan.


This excerpt taken from the XOM 10-Q filed May 6, 2008.

III. Administration


The Board is the ultimate administrative authority for this Program, with the power to interpret and administer its provisions.  The Board may delegate its authority to a committee which, except in the case of the Compensation Committee, need not be a committee of the Board.  Subject to the authority of the Board or an authorized committee, the Chairman and his delegates will serve as the administrative authority for purposes of establishing requirements and procedures for the operation of the Program; making final determinations and interpretations with respect to outstanding awards; and exercising other powers assigned to the administrative authority under this Program.



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This excerpt taken from the XOM 8-K filed Nov 2, 2007.

III.  Administration


The Board is the ultimate administrative authority for this Program, with the power to interpret and administer its provisions.  The Board may delegate its authority to a committee which, except in the case of the Compensation Committee, need not be a committee of the Board.  Subject to the authority of the Board or an authorized committee, the Chairman and his delegates will serve as the administrative authority for purposes of establishing requirements and procedures for the operation of this Program; making final determinations and interpretations with respect to outstanding awards; and exercising other powers assigned to the administrative authority under this Program.


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