Common use of Board to Administer Clause in Contracts

Board to Administer. Subject to the provisions of this Agreement, the ------------------- Board shall have exclusive authority to interpret this Agreement, to establish and revise rules and regulations relating to this Agreement, and to make any other determinations that it believes necessary or advisable for the administration of this Agreement. Decisions and determinations by the Board shall be final and binding upon all persons for all purposes and no member of the Board shall be liable to any person for any action taken or omitted in connection with the interpretation and administration of this Agreement unless attributable to his own willful misconduct or lack of good faith.