Clawback Clause Example from Business Contracts

This example Clawback clause appears in 3 contracts from 1 company

Clawback. The Stock Units shall be subject to mandatory repayment by the Grantee to the Trust to the extent the Grantee is, or in the future becomes, subject to (i) any Trust "clawback" or recoupment policy that is adopted to comply with the requirements of any applicable laws, or (ii) any applicable laws which impose mandatory recoupment, under circumstances set forth in such applicable laws.
Found in Public Storage contract
Public Storage Contracts

Public Storage Stock Unit Agreement under 2016 Equity and Performance-Based Incentive Compensation Plan (Filed With SEC on February 27, 2019)

Public Storage 2016 Equity and Performance-Based Incentive Compensation Plan Stock Unit Agreement (Filed With SEC on February 27, 2019)

Public Storage Stock Unit Agreement under 2016 Equity and Performance-Based Incentive Compensation Plan (Filed With SEC on February 27, 2019)