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This excerpt taken from the NKE 10-Q filed Jan 7, 2009. Authorized
Officer”), who may delegate some or all of his or her duties and
authority to one or more Company employees. The Authorized Officer may
promulgate rules and regulations for the operation of the Plan which may vary
with local requirements, adopt forms for use in connection with the Plan, and
decide any question of interpretation of the Plan or rights arising
thereunder. The Authorized Officer may consult with counsel for the
Company on any matter arising under the Plan. Unless otherwise
determined by the Board, all determinations and decisions of the Authorized
Officer or the Board shall be conclusive.
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