Internet Capital Group, Inc. Compensation Clawback Policy Effective April 12, 2010
This policy allows Internet Capital Group, Inc. (ICG) to recover performance-based bonuses or incentive compensation from any officer if it is later determined that the compensation was based on financial results affected by that officer’s fraud or intentional misconduct. The decision to recover such compensation is at the sole discretion of ICG’s Board of Directors or an authorized committee. The policy applies to compensation paid after April 12, 2010.
Exhibit 10.1
INTERNET CAPITAL GROUP, INC.
COMPENSATION CLAWBACK POLICY
Effective as of April 12, 2010
In addition to any other remedies available to Internet Capital Group, Inc. (together with its subsidiaries, “ICG”), if the Board of Directors of Internet Capital Group, Inc. (the “Board”) (or, at the discretion of the Board, a duly authorized committee of the Board) determines in its sole discretion that it is appropriate, ICG may recover (in whole or in part) any performance-based bonus or other incentive-based compensation paid to any officer of ICG after the date hereof to the extent that such bonus or compensation is based upon any financial results that were impacted by such officer’s fraud or intentional misconduct.
