Forfeiture Recovery of Compensation Clause Example with 16 Variations from Business Contracts
This page contains Forfeiture Recovery of Compensation clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
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...
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Found in
Hayward Holdings, Inc. contract
Variations of a "Forfeiture Recovery of Compensation" Clause from Business Contracts
Forfeiture Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the 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, accepting 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 Option, including the right to any...
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Found in
NOVAVAX INC contract
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, accepting the Stock Option, the Participant Optionee expressly acknowledges and agrees that his or her rights, and those of any transferee permitted transferee, with respect to by the Administrator of the Stock Option, under the Stock O...
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Forfeiture Recovery of Compensation. By accepting, or being deemed to have accepted, accepting the Stock Option, Option the Participant Optionee expressly acknowledges and agrees that his or her rights, and those of any permitted transferee, with respect to under the Stock Option, including the right Option or to any 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...
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Found in
The Michaels Companies Inc contract
Forfeiture Recovery of Compensation. By accepting, (a)The Administrator may cancel, rescind, withhold or being deemed to have accepted, 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 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, including under the right Stock Option t...
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Forfeiture Recovery of Compensation. By accepting, or being deemed to have accepted, accepting the Stock Option, Option the Participant Optionee expressly acknowledges and agrees that his or her rights, and those of any permitted transferee, with respect to under the Stock Option, including the right Option or to any 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...
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Found in
The Michaels Companies Inc contract
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)...
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Forfeiture Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Stock Option at any time if the Participant 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 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 any Sha...
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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...
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Found in
Prevail Therapeutics Inc. contract
Forfeiture Recovery of Compensation. By accepting, or being deemed to have accepted, the Stock Option, RSUs, 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, RSUs, including the right to any Shares acquired under in respect of the Stock Option RSUs 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 t...
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Forfeiture Recovery of Compensation. By accepting, or being deemed to have accepted, the Stock Option, RSUs, the Participant expressly acknowledges and agrees that his or her rights, and those of any permitted transferee, with respect to the Stock Option, RSUs, including the right to any Shares acquired under in respect of the Stock Option RSUs 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 ap...
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