Forfeiture Events Contract Clauses (170)

Grouped Into 4 Collections of Similar Clauses From Business Contracts

This page contains Forfeiture Events clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Forfeiture Events. The Administrator may specify in an Award Agreement that the Participant's rights, payments, and benefits with respect to an Award will be subject to reduction, cancellation, forfeiture, recoupment, reimbursement, or reacquisition upon the occurrence of certain specified events, in addition to any otherwise applicable vesting or performance conditions of an Award. Notwithstanding any provisions to the contrary under this Plan, an Award will be subject to the Company's clawback policy as may be e...stablished and/or amended from time to time to comply with Applicable Laws (including without limitation pursuant to the listing standards of any national securities exchange or association on which the Company's securities are listed, or as may be required by the Dodd-Frank Wall Street Reform and Consumer Protection Act) (the "Clawback Policy"). The Administrator may require a Participant to forfeit, return, or reimburse the Company all or a portion of the Award and any amounts paid thereunder pursuant to the terms of the Clawback Policy or as necessary or appropriate to comply with Applicable Laws. Unless this Section 23 specifically is mentioned and waived in an Award Agreement or other document, no recovery of compensation under a Clawback Policy or otherwise will constitute an event that triggers or contributes to any right of a Participant to resign for "good reason" or "constructive termination" (or similar term) under any agreement with the Company or any Parent or Subsidiary of the Company. View More
Found in Parasol Investments Corp contract
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Forfeiture Events. The Administrator may specify in an Award Agreement that (a)All Awards granted under the Participant's rights, payments, and benefits with respect to an Award Plan will be subject to reduction, cancellation, forfeiture, recoupment, reimbursement, or reacquisition upon the occurrence of certain specified events, in addition to recoupment under any otherwise applicable vesting or performance conditions of an Award. Notwithstanding any provisions to the contrary under this Plan, an Award will be su...bject to the Company's clawback policy as may be established and/or amended from time that the Company is required to time to comply with Applicable Laws (including without limitation adopt pursuant to the listing standards of any national securities exchange or association on which the Company's securities are listed, listed or as may be is -18- otherwise required by the Dodd-Frank Wall Street Reform and Consumer Protection Act) (the "Clawback Policy"). The Act or other Applicable Laws. In addition, the Administrator may require a Participant to forfeit, return, impose such other clawback, recovery or reimburse recoupment provisions in an Award Agreement as the Company all or a portion of the Award and any amounts paid thereunder pursuant to the terms of the Clawback Policy or as Administrator determines necessary or appropriate appropriate, including but not limited to comply with Applicable Laws. a reacquisition right regarding previously acquired Shares or other cash or property. Unless this Section 23 22 is specifically is mentioned and waived in an Award Agreement or other document, no recovery of compensation under a Clawback Policy clawback policy or otherwise will constitute be an event that triggers or contributes to any right of a Participant to resign for "good reason" or "constructive termination" (or similar term) under any agreement with the Company or any Parent Subsidiary. (b)The Administrator may specify in an Award Agreement that the Participant's rights, payments, and benefits with respect to an Award will be subject to reduction, cancellation, forfeiture, or Subsidiary recoupment upon the occurrence of specified events, in addition to any otherwise applicable vesting or performance conditions of an Award. Such events may include, but will not be limited to, termination of such Participant's status as a Service Provider for cause or any specified action or inaction by a Participant, whether before or after the date Participant is no longer a Service Provider, that would constitute cause for termination of such Participant's status as a Service Provider. (c)If the Company is required to prepare an accounting restatement due to the material noncompliance of the Company. Company, as a result of misconduct, with any financial reporting requirement under securities laws, any Participant who (1) knowingly or through gross negligence engaged in the misconduct or who knowingly or through gross negligence failed to prevent the misconduct or (2) is one of the individuals subject to automatic forfeiture under Section 304 of the Sarbanes-Oxley Act of 2002, must reimburse the Company the amount of any payment in settlement of an Award earned or accrued during the 12-month period following the first public issuance or filing with the United States Securities and Exchange Commission (whichever first occurred) of the financial document embodying such financial reporting requirement. View More
Found in Revolve Group, LLC contract
Forfeiture Events. The Administrator may specify in an Award Agreement that the Participant's rights, payments, and benefits with respect to an Award will be subject to the reduction, cancellation, forfeiture, recoupment, reimbursement, or reacquisition recoupment upon the occurrence of certain specified events, in addition to any otherwise applicable vesting or performance conditions of an Award. Notwithstanding any provisions to the contrary under this Plan, an Award will shall be subject to the Company's clawba...ck policy as may be established and/or amended from time to time to comply with Applicable Laws (including without limitation pursuant to the listing standards of any national securities exchange or association on which the Company's securities are listed, or as may be required by the Dodd-Frank Wall Street Reform and Consumer Protection Act) (the "Clawback Policy"). The Administrator may require a Participant to forfeit, return, return or reimburse the Company all or a portion of the Award and any amounts paid thereunder pursuant to the terms of the Clawback Policy or as necessary or appropriate to comply with Applicable Laws. Unless this Section 23 specifically is mentioned and waived in an Award Agreement or other document, no recovery of compensation under a Clawback Policy or otherwise will constitute an event that triggers or contributes to any right of a Participant to resign for "good reason" or "constructive termination" (or similar term) under any agreement with the Company or any Parent or Subsidiary of the Company. View More
Found in Lyft, Inc. contract
Forfeiture Events. The Administrator may specify in an Award Agreement that (a) All Awards under the Participant's rights, payments, and benefits with respect to an Award Plan will be subject to reduction, cancellation, forfeiture, recoupment, reimbursement, or reacquisition upon the occurrence of certain specified events, in addition to any otherwise applicable vesting or performance conditions of an Award. Notwithstanding any provisions to the contrary recoupment under this Plan, an Award will be subject to the ...Company's current Clawback Policy and any clawback policy as may be established and/or amended from time that the Company is required to time to comply with Applicable Laws (including without limitation adopt pursuant to the listing standards of any national securities exchange or association on which the Company's securities are listed, listed or as may be is otherwise required by the Dodd-Frank Wall Street Reform and Consumer Protection Act) (the "Clawback Policy"). The Act or other Applicable Laws. In addition, the Administrator may require a Participant to forfeit, return, impose such other clawback, recovery or reimburse recoupment provisions in an Award Agreement as the Company all or a portion of the Award and any amounts paid thereunder pursuant to the terms of the Clawback Policy or as Administrator determines necessary or appropriate appropriate, including but not limited to comply with Applicable Laws. a reacquisition right regarding previously acquired Shares or other cash or property. Unless this Section 23 21(a) is specifically is mentioned and waived in an Award Agreement or other document, no recovery of compensation under a Clawback Policy clawback policy or otherwise will constitute be an event that triggers or contributes to any right of a Participant to resign for "good reason" or "constructive termination" (or similar term) under any agreement with the Company or any Parent a Subsidiary, Parent, or Subsidiary affiliate of the Company. (b) The Administrator may specify in an Award Agreement that the Participant's rights, payments, and benefits with respect to an Award will be subject to reduction, cancellation, forfeiture, or recoupment upon the occurrence of specified events, in addition to any otherwise applicable vesting or performance conditions of an Award. Such events may include, but will not be limited to, termination of such Participant's status as Service Provider for cause or any specified action or inaction by a Participant, whether before or after such termination of service, that would constitute cause for termination of such Participant's status as a Service Provider. View More
Found in FLUIDIGM CORP contract
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Forfeiture Events. The Administrator may specify in an Award Agreement that the Participant's rights, payments, and benefits with respect to an Award shall be subject to reduction, cancellation, forfeiture, or recoupment upon the occurrence of certain specified events, in addition to any otherwise applicable vesting or performance conditions of an Award. Such events may include, but shall not be limited to, termination of employment for cause, termination of the Participant's provision of services to the Company o...r its Affiliates, violation of material policies of the Company and its Affiliates, breach of noncompetition, confidentiality, or other restrictive covenants that may apply to the Participant, or other conduct by the Participant that is detrimental to the business or reputation of the Company and its Affiliates. View More
Found in RACKSPACE HOSTING, INC. contract
Forfeiture Events. The Administrator may specify in an Award Agreement that the Participant's rights, payments, and benefits with respect to an Award shall be subject to reduction, cancellation, forfeiture, or recoupment upon the occurrence of certain specified events, in addition to any otherwise applicable vesting or performance conditions of an Award. Such events may include, but shall not be limited to, fraud, breach of a fiduciary duty, restatement of financial statements as a result of fraud or willful error...s or omissions, termination of employment for cause, termination of the Participant's provision of services to the Company or its Affiliates, violation of material policies of the Company and its Affiliates, and/or Subsidiary policies, breach of noncompetition, non-competition, confidentiality, or other restrictive covenants that may apply to the Participant, or other conduct by the Participant that is detrimental to the business or reputation of the Company and and/or its Affiliates. Subsidiaries. The Administrator may also require the application of this Section 24 with respect to any Award previously granted to a Participant even without any specified terms being included in any applicable Award Agreement to the extent required under Applicable Laws. View More
Found in Dolby Laboratories, Inc. contract
Forfeiture Events. The Administrator Committee may specify in an Award Agreement that the Participant's rights, payments, payments and benefits with respect to an Award shall be subject to reduction, cancellation, forfeiture, forfeiture or recoupment upon the occurrence of certain specified events, in addition to any otherwise applicable vesting or performance conditions of an Award. Such Award.Such events may include, but shall not be limited to, termination of employment for cause, termination of the Participant...'s provision of services to the Company or its Affiliates, violation of material policies of the Company and its Affiliates, without limitation, breach of noncompetition, confidentiality, non-competition, non-solicitation, confidentiality or other restrictive covenants that may apply are contained in the Award Agreement or otherwise applicable to the Participant, termination of the Participant's employment or service for Cause, or other conduct by the Participant that is detrimental to the business or reputation of the Company and/or its Affiliates.In addition, if a Participant's employment or service is terminated for Cause, then as of the date of the misconduct, any Option or SAR held by the Participant shall terminate, and its Affiliates. any unvested Restricted Stock and Restricted Stock Units held by the Participant shall be forfeited. View More
Found in F&M BANK CORP contract
Forfeiture Events. The Administrator may specify in an Award Agreement that the Participant's rights, payments, and benefits with respect to an Award shall be subject to reduction, cancellation, forfeiture, or recoupment upon the occurrence of certain specified events, in addition to any otherwise applicable vesting or performance conditions of an Award. Such events may include, but shall not be limited to, fraud, breach of a fiduciary duty, restatement of financial statements as a result of fraud or willful error...s or omissions, termination of employment for cause, termination of the Participant's provision of services to the Company or its Affiliates, violation of material policies of the Company and its Affiliates, and/or Subsidiary policies, breach of noncompetition, non-competition, confidentiality, or other restrictive covenants that may apply to the Participant, or other conduct by the Participant that is detrimental to the business or reputation of the Company and and/or its Affiliates. Subsidiaries. The Administrator may also require the application of this Section with respect to any Award previously granted to a Participant even without any specified terms being included in any applicable Award Agreement to the extent required under Applicable Laws. View More
Found in INTEVAC INC contract
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Forfeiture Events. You agree to reimburse the Company with respect to the Restricted Stock Units to the extent required under Section 304 of the Sarbanes-Oxley Act of 2002, Section 954 of the Dodd-Frank Act or as otherwise required by law.
Found in Capital One Financial contract
Forfeiture Events. You agree to reimburse the Company with respect to the Restricted Stock Units to the extent required under Section 304 of the Sarbanes-Oxley Act of 2002, Section 954 of the Dodd-Frank Act 2002 or as otherwise required by law.
Found in Capital One Financial contract
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Forfeiture Events. If a "Forfeiture Event" occurs, then, to the extent not previously exercised, the Agreement shall thereupon terminate and be of no further force or effect. For the purposes of this Agreement, the term "Forfeiture Event" means any of the following events: (i) termination of the Compensation Agreement for Cause; or (ii) the failure by Participant to provide or be available to provide post-termination consulting services as and to the extent such availability and/or services are reasonably required... by the Compensation Agreement. View More
Found in PharmaCyte Biotech, Inc. contract
Forfeiture Events. If a "Forfeiture Event" occurs, then, to the extent not previously exercised, the Agreement shall thereupon terminate and be of no further force or effect. For the purposes of this Agreement, the term "Forfeiture Event" means any of the following events: (i) termination of the Compensation Consulting Agreement for Cause; (ii) the Participant's failure to comply with any of the restrictive covenants contained in the Consulting Agreement or (ii) in any other agreement between the Participant and t...he Company; or (iii) the failure by Participant to provide or be available to provide post-termination consulting services as and to the extent such availability and/or services are reasonably required by the Compensation Consulting Agreement. View More
Found in PharmaCyte Biotech, Inc. contract
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