Clawback Clause Example from Business Contracts
This example Clawback clause appears in 2 contracts from 1 company
Clawback. The Option shall be subject to mandatory repayment by the Participant to the Company to the extent the Participant is, or in the future becomes, subject to (a) the Company's Incentive Compensation Recoupment Policy or similar successor policy, or (b) any applicable laws which impose mandatory recoupment, under circumstances set forth in such applicable laws.
Found in
Public Storage contract
Public Storage Contracts
Form of 2021 Plan Employee Non-Qualified Stock Option Agreement (Filed With SEC on August 3, 2021)
Form of 2021 Plan Performance-Based Non-Qualified Stock Option Agreement (Filed With SEC on August 3, 2021)
