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This excerpt taken from the NKE 10-Q filed Jan 7, 2009. Administration of the
Plan. The Board has delegated to the Vice President of Global
Human Resources of the Company (or, if the officer who is the Company’s senior
human resources executive shall have a title other than Vice President of Global
Human Resources, then such other officer) all authority for administration of
the Plan and, in connection with such delegation and unless otherwise determined
by the Board, the Plan shall be administered by or under the direction of such
officer (the “ |
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