This excerpt taken from the MBHI DEF 14A filed Apr 13, 2005.
Committee means the Committee as specified in Article III herein appointed by the Board to administer the Plan with respect to grants of Awards.
This excerpt taken from the MBHI DEF 14A filed Apr 1, 2005.
The Committee. The Plan shall be administered by the Compensation Committee of the Board of Directors, or by any other Committee appointed by the Board of Directors. The Committee administering the Plan shall consist of two or more Directors who are (i) non-employee directors as the term (or any similar successor) is defined in Rule 16b-3, and (ii) outside directors within the meaning of Section 162(m) of the Code.