Forfeiture Recovery of Compensation Contract Clauses (140)
Grouped Into 7 Collections of Similar Clauses From Business Contracts
This page contains Forfeiture Recovery of Compensation clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Forfeiture Recovery of Compensation. By accepting, or being deemed to have accepted, the Stock Option, the Participant expressly acknowledges and agrees that his or her rights, and those of any permitted transferee, with respect to the Stock Option, including the right to any Shares acquired under the Stock Option and any amounts received in respect thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). The Participant further agrees to be bound by the terms of any applicable clawback or recoupment... policy of the Company. Nothing in the preceding sentence will be construed as limiting the general application of Section 8 of this Agreement.View More
Forfeiture Recovery of Compensation. By accepting, or being deemed to have accepted, accepting the Stock Option, the Participant Optionee expressly acknowledges and agrees that his or her rights, and rights (and those of any permitted transferee, with respect to transferee) under the Stock Option, including the right Option or to any Shares Stock acquired under the Stock Option and or any amounts received in respect proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision).... The Participant further agrees to be bound by the terms of any applicable clawback or recoupment policy of the Company. Nothing in the preceding sentence will shall be construed as limiting the general application of Section 8 9 of this Agreement. View More
Forfeiture Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Stock Option at any time if the Optionee is not in compliance with all applicable provisions of this Agreement and the Plan. (b) By accepting, or being deemed to have accepted, the Stock Option, the Participant Optionee expressly acknowledges and agrees that his or her rights, and those of any permitted transferee, with respect to transferee of the Stock Option, under the Stock Option, including the right to a...ny Shares Stock acquired under the Stock Option and any amounts received in respect or proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). The Participant further agrees to be bound by the terms of any applicable clawback or recoupment policy of the Company. Nothing in the preceding sentence will may be construed as limiting the general application of Section 8 of this Agreement. View More
Forfeiture Recovery of Compensation. By accepting, or being deemed to have accepted, accepting the Stock Option, the Participant expressly acknowledges and agrees that his or her the Participant's rights, and those of any permitted transferee, with respect to the Stock Option, including the right to any Shares acquired under the Stock Option and any amounts received in respect or proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). The Participant further agrees to b...e bound by the terms of any applicable clawback or recoupment policy of the Company. Company that applies to incentive compensation that includes Awards such as the Stock Option. Nothing in the preceding sentence will be construed as limiting the general application of Section 8 of this Agreement. View More
Forfeiture Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Stock Option at any time if the Optionee is not in compliance with all applicable provisions of this Agreement and the Plan. (b) By accepting the Stock Option, the Optionee expressly acknowledges and agrees that his or her rights, and those of any permitted transferee of the Stock Option, under the Stock Option to any Stock acquired under the Stock Option or proceeds from the disposition thereof, are subject t...o Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 8 of this Agreement.View More
Forfeiture Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Stock Option at any time if the Optionee is not in compliance with all applicable provisions of this Agreement and the Plan. (b) By accepting the Stock Option, the Optionee expressly acknowledges and agrees that his or her rights, and those of any permitted transferee of the Stock Option, under the Stock Option Option, including to any Common Stock acquired under the Stock Option or proceeds from the dispositi...on thereof, are subject to Section 6(a)(5) 8(f) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 8 9 of this Agreement. View More
Forfeiture Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Stock Option at any time if the Optionee is not in compliance with all applicable provisions of this Agreement and the Plan. (b) By accepting the Stock Option, Option the Optionee expressly acknowledges and agrees that his or her rights, and those of any permitted transferee of the Stock Option, transferee, under the Stock Option or to any Stock acquired under the Stock Option or proceeds from the disposition ...thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). provision) and Section 5 of this Agreement. Nothing in the preceding sentence shall be construed as limiting the general application of Section 8 9 of this Agreement. View More
Forfeiture Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Stock Option at any time if the Optionee is not in compliance with all applicable provisions of this Agreement and the Plan. (b) By accepting the Stock Option, Option the Optionee expressly acknowledges and agrees that his or her rights, and those of any permitted transferee of the Stock Option, transferee, under the Stock Option or to any Stock acquired under the Stock Option or proceeds from the disposition ...thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 8 of this Agreement. View More
Forfeiture Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Award at any time if the Grantee is not in compliance with all applicable provisions of this Agreement and the Plan. (b) By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights, and those of any permitted transferee of the Award, under the Award to any Stock acquired under the Award or proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (includi...ng any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 10 of this Agreement.View More
Forfeiture Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Award at any time if the Grantee is not in compliance with all applicable provisions of this the Agreement and the Plan. (b) By accepting the Award Award, the Grantee expressly acknowledges and agrees that his or her rights, and rights (and those of any permitted transferee of transferee) under the Award, under the Award to including any Stock Shares acquired under the Award or any proceeds from the dispositio...n thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 10 9 of this Agreement. -1- 6. Nontransferability. Neither the Award nor the [INSERT TYPE OF UNITS] may be transferred except in accordance with Section 6(a)(3) of the Plan. View More
Forfeiture Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Award at any time if the Grantee is not in compliance with all applicable provisions of this Agreement and the Plan. (b) By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights, and rights (and those of any permitted transferee of the Award, transferee) under the Award or to any Stock acquired under the Award or any proceeds from the disposition thereof, are subject to Secti...on 6(a)(5) of the Plan (including any 5 successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 10 12 of this Agreement. View More
Forfeiture Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the SAR at any time if the Grantee is not in compliance with all applicable provisions of this Agreement and the Plan. (b) By accepting the SAR, the Grantee expressly acknowledges and agrees that his or her rights, and those of any permitted transferee of the SAR, under the SAR, including to any Shares acquired under the SAR or proceeds from the disposition thereof, are subject to Section 8(f) of the Plan (includi...ng any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 9 of this Agreement.View More
Forfeiture Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the SAR at any time if the Grantee Participant is not in compliance with all applicable provisions of this Agreement and the Plan. 2 (b) By accepting the SAR, the Grantee Participant expressly acknowledges and agrees that his or her rights, rights and those of any permitted transferee of the SAR, under the SAR, including to any Shares acquired under the SAR or proceeds from the disposition thereof, are subject to ...Section 8(f) 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 9 8 of this Agreement. View More
Forfeiture Recovery of Compensation. The Administrator may cancel, rescind, withhold or otherwise limit or restrict this Award at any time if the Participant is not in compliance with all applicable provisions of this Agreement and the Plan. By accepting, or being deemed to have accepted, this Award, the Participant expressly acknowledges and agrees that his or her rights, and those of any permitted transferee of this Award, under this Award, including the right to any Shares acquired under this Award or proceeds from the dispositi...on thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 of this Agreement.View More
Forfeiture Recovery of Compensation. The Administrator may cancel, rescind, withhold or otherwise limit or restrict this Award at any time if the Participant is not in compliance with all applicable provisions of this Agreement and the Plan. By accepting, or being deemed to have accepted, accepting this Award, the Participant expressly acknowledges and agrees that his or her rights, rights under this Award, and those of any permitted transferee of this Award, under this Award, including the right to any Shares shares of Stock acqui...red under this Award or proceeds from the disposition thereof, are subject to Section 6(a)(5) any applicable clawback or incentive compensation recovery policy of the Plan (including any successor provision). Company as may be in effect from time to time. Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 10 of this Agreement. View More
Forfeiture Recovery of Compensation. Participant shall forfeit all of his or her rights and interest in the Restricted Stock Units if (i) Participant's employment or service terminates for any reason before the Restricted Stock Units become vested in accordance with Section 2 or Section 3 of this Agreement, (ii) Participant violates or fails to comply with the confidentiality, non-solicitation, non-competition, and other restrictive covenant provisions contained in Exhibit A, attached hereto, or in any other written agreement by an...d between Participant and the Company that are in effect, or (iii) Participant is terminated for Cause. If Participant violates the restrictive covenant provisions contained in Exhibit A, attached hereto, or if Participant is terminated for Cause, Participant must reimburse the Company the full value of any Restricted Stock Units that vested during the 12-month period immediately prior to Participant's adverse activity and the shares of Common Stock issued, and any other related rights. The forfeiture and clawback rights under this Section apply irrespective of whether the conduct was discovered during the course of Participant's employment. By accepting, or being deemed to have accepted, the Restricted Stock Units, Participant expressly agrees to be bound by the terms of any other clawback or recoupment policy of the Company that applies to incentive compensation that includes the Restricted Stock Units.View More
Forfeiture Recovery of Compensation. Participant shall forfeit all of his or her rights and interest in the Restricted Stock Units if (i) Participant's employment or service terminates for any reason before the Restricted Stock Units become vested in accordance with Section 2 or Section 3 of this Agreement, (ii) Participant violates or fails to comply with the confidentiality, non-solicitation, non-competition, and other restrictive covenant provisions contained in Exhibit A, attached hereto, or in any other written agreement by an...d between Participant and the Company that are in effect, or (iii) Participant is terminated for Cause. If Participant violates the restrictive covenant provisions contained in Exhibit A, attached hereto, any written agreement by and between Participant and the Company, or if the Participant is terminated for Cause, Participant must reimburse the Company the full value of any Restricted Stock Units that vested during the 12-month period immediately prior to Participant's adverse activity and the shares of Common Stock issued, and any other related rights. The forfeiture and clawback rights under this Section apply irrespective of whether the conduct was discovered during the course of the Participant's employment. service. By accepting, or being deemed to have accepted, the Restricted Stock Units, Participant expressly agrees to be bound by the terms of any other clawback or recoupment policy of the Company that applies to incentive compensation that includes the Restricted Stock Units. View More
Forfeiture Recovery of Compensation. By accepting the Stock Option the Optionee expressly acknowledges and agrees that (i) his or her rights, and those of any permitted transferee, under the Stock Option or to any Shares acquired under the Stock Option or proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision) and (ii) any Shares acquired hereunder are subject to forfeiture, termination and rescission, and the Optionee will be obligated to return to the Company the value... received with respect to such Shares (including any gain realized on any subsequent sale or disposition of Shares) (A) in accordance with any Company clawback or other policy relating to the recovery of incentive compensation, as such policy may be amended and in effect from time to time, or (B) as otherwise required by law or applicable stock exchange listing standards, including, without limitation, Section 10D of the Securities Exchange Act of 1934, as amended. Nothing in the preceding sentence shall be construed as limiting the general application of Section 8 of this Agreement.View More
Forfeiture Recovery of Compensation. By accepting the Stock Option Award the Optionee Grantee expressly acknowledges and agrees that (i) his or her rights, and rights (and those of any permitted transferee, transferee) under the Stock Option Award or to any Shares Stock acquired under the Stock Option Award or any proceeds from the disposition thereof, thereof are subject to Section 6(a)(5) of the Plan (including any successor provision) and (ii) any Shares Stock acquired hereunder are is subject to forfeiture, termination and resc...ission, and the Optionee Grantee will be obligated to return to the Company the value received with respect to such Shares Stock (including any gain realized on any subsequent sale or disposition of Shares) shares) (A) in accordance with any Company clawback or other policy relating to the recovery of incentive compensation, as such policy may be amended and in effect from time to time, or (B) as otherwise required by law or applicable stock exchange listing standards, including, without limitation, Section 10D of the Securities Exchange Act of 1934, as amended. Nothing in the preceding sentence shall be construed as limiting the general application of Section 8 10 of this Agreement. View More
