Recoupment Policy Clause Example with 7 Variations from Business Contracts

This page contains Recoupment Policy 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.
Recoupment Policy. Any shares of Common Stock distributed or amounts paid to Grantee hereunder, and any cash or other benefit acquired upon the sale of shares of Common Stock distributed hereunder, shall be subject to the terms and conditions of any compensation recoupment policy adopted from time to time by the Company's board of directors or any committee of such board, to the extent such policy is applicable to Grantee and the Performance Share Units.11. Relationship to Other Benefits. The Performance Share Uni...ts shall not affect the calculation of benefits under the Company's or its Affiliates' qualified retirement plans or any other retirement, compensation or benefit plan or program of the Company or its Affiliates, except to the extent specifically provided in such other plan or program. Nothing herein shall prevent the Company or its Affiliates from maintaining additional compensation plans and arrangements; provided, however, that no payments shall be made under such plans and arrangements if the effect thereof would be the payment of compensation otherwise payable under this Agreement regardless of whether the Threshold Performance Goal was attained. View More
Found in EQT Corp contract

Variations of a "Recoupment Policy" Clause from Business Contracts

Recoupment Policy. Any shares The award of Common Stock distributed or Restricted Shares and any amounts paid to Grantee hereunder, and any cash or other benefit acquired upon on the sale of shares of Common Stock distributed hereunder, shall be subject to the terms and conditions of any compensation recoupment policy adopted the Equitrans Midstream Corporation Compensation Recoupment Policy, effective June 17, 2019, as may be amended or restated from time to time by the Company's board of directors or any committ...ee of such board, time, to the extent such policy is applicable to Grantee and the Performance Share Units.11. Restricted Shares. A copy of such policy is available upon request from the Company's Corporate Secretary.11. Relationship to Other Benefits. The Performance Share Units Restricted Shares shall not affect the calculation of benefits under the Company's or its Affiliates' qualified retirement plans or any other retirement, compensation or benefit plan or program of the Company or its Affiliates, except to the extent specifically provided in such other plan or program. Nothing herein shall prevent the Company or its Affiliates from maintaining additional compensation plans and arrangements; provided, however, that no payments shall be made under such plans and arrangements if the effect thereof would be the payment of compensation otherwise payable under this Agreement regardless of whether the Threshold Performance Goal was attained. arrangements. View More
Found in Equitrans Midstream Corp contract
Recoupment Policy. Any shares of Common Stock distributed or amounts paid to Grantee hereunder, a Participant under the Program, and any cash or other benefit acquired upon the sale of shares of Common Stock distributed hereunder, to a Participant under the Program, shall be subject to the terms and conditions of any compensation recoupment policy adopted from time to time by the Company's board of directors or any committee of such board, to the extent such policy is applicable to Grantee this Program and the Par...ticipant.12. Nonassignment. A Participant shall not be permitted to assign, alienate or otherwise transfer his or her Performance Share Units.11. Relationship Units, and any attempt to Other Benefits. The Performance Share Units do so shall be void.13. Impact on Benefit Plans. Payments under the Program shall not affect the calculation be considered as earnings for purposes of benefits under the Company's or its Affiliates' qualified retirement plans or any other retirement, compensation or benefit plan or program of the Company or its Affiliates, except to the extent Affiliates unless specifically provided in for and defined under such other plan or program. Nothing herein shall prevent the Company or its Affiliates from maintaining additional compensation plans and arrangements; provided, however, that no payments shall be made under such plans and arrangements if the effect thereof would be the payment of compensation otherwise payable under this Agreement Program regardless of whether the Threshold Performance Goal was Conditions were attained. View More
Found in EQT Corp contract
Recoupment Policy. Any shares The award of Common Stock distributed or Restricted Shares and any amounts paid to Grantee hereunder, and any cash or other benefit acquired upon the sale of shares of Common Stock distributed hereunder, hereunder shall be subject to the terms and conditions of any compensation recoupment policy adopted from time to time by the Company's board of directors or any committee of such board, to the extent such policy is applicable to Grantee and the Performance Share Units.11. Restricted ...Shares.11. Relationship to Other Benefits. The Performance Share Units Restricted Shares shall not affect the calculation of benefits under the Company's or its Affiliates' qualified retirement plans or any other retirement, compensation or benefit plan or program of the Company or its Affiliates, except to the extent specifically provided in such other plan or program. Nothing herein shall prevent the Company or its Affiliates from maintaining additional compensation plans and arrangements; provided, however, that no payments shall be made under such plans and arrangements if the effect thereof would be the payment of compensation otherwise payable under this Agreement regardless of whether the Threshold Performance Goal was attained. arrangements. View More
Found in 2 Contracts from EQT Corp
Recoupment Policy. Any shares of Common Stock distributed or amounts Amounts paid to Grantee hereunder, and any cash or other benefit acquired upon the sale of shares of Common Stock distributed hereunder, hereunder shall be subject to the terms and conditions of any compensation recoupment policy adopted from time to time by the Company's board of directors or any committee of such board, to the extent such policy is applicable to Grantee and the Performance Share Units.11. Restricted Stock Units. - - 11. Relatio...nship to Other Benefits. The Performance Share Restricted Stock Units shall not affect the calculation of benefits under the Company's or its Affiliates' qualified retirement plans or any other retirement, compensation or benefit plan or program of the Company or its Affiliates, except to the extent specifically provided in such other plan or program. Nothing herein shall prevent the Company or its Affiliates from maintaining additional compensation plans and arrangements; provided, however, that no payments shall be made under such plans and arrangements if the effect thereof would be the payment of compensation otherwise payable under this Agreement regardless of whether the Threshold Performance Goal was attained. arrangements. View More
Found in EQT Corp contract
Recoupment Policy. Any shares of Common Stock distributed or amounts paid to Grantee hereunder, and any Units, cash or other benefit acquired upon the sale of shares of Common Stock distributed hereunder, property awarded hereunder shall be subject to the terms and conditions of any compensation recoupment policy adopted from time to time by the Company's board of directors EQT Board or any committee of such board, the EQT Board, to the extent such policy is applicable to Grantee and the Performance Share Units.11.... Awards. -5- 11. Relationship to Other Benefits. The Performance Share Units Awards shall not affect the calculation of benefits under the Company's or its Affiliates' qualified retirement plans or any other retirement, compensation or benefit plan or program of the Company or its Affiliates, except to the extent specifically provided in such other plan or program. Nothing herein shall prevent the Company or its Affiliates from maintaining additional compensation plans and arrangements; provided, however, that no payments shall be made under such plans and arrangements if the effect thereof would be the payment of compensation otherwise payable under this Agreement regardless of whether the Threshold Performance Goal was attained. View More
Found in EQM Midstream Partners, LP contract
Recoupment Policy. Any shares of Common Stock distributed or amounts paid to Grantee hereunder, and any cash or other benefit acquired upon on the sale of shares of Common Stock distributed hereunder, shall be subject to the terms and conditions of any compensation recoupment policy adopted from time to time by the Company's board of directors or any committee of such board, to the extent such policy is applicable to Grantee and the Performance Share Restricted Stock Units.11. Relationship to Other Benefits. The P...erformance Share Restricted Stock Units shall not affect the calculation of benefits under the Company's or its Affiliates' qualified retirement plans or any other retirement, compensation or benefit plan or program of the Company or its Affiliates, except to the extent specifically provided in such other plan or program. Nothing herein shall prevent the Company or its Affiliates from maintaining additional compensation plans and arrangements; provided, however, that no payments shall be made under such plans and arrangements if the effect thereof would be the payment of compensation otherwise payable under this Agreement regardless of whether the Threshold Performance Goal was attained. arrangements. View More
Found in 2 Contracts from EQT Corp
Recoupment Policy. Any shares of Common Stock distributed or amounts Amounts paid to Grantee hereunder, and any cash or other benefit acquired upon the sale of shares of Common Stock distributed hereunder, hereunder shall be subject to the terms and conditions of any compensation recoupment policy adopted from time to time by the Company's board of directors Board or any committee of such board, the Board, to the extent such policy is applicable to Grantee and the Performance Share Units.11. Awards.10. Relationshi...p to Other Benefits. The Performance Share Units Awards shall not affect the calculation of benefits under the Company's or its Affiliates' qualified retirement plans or any other retirement, compensation or benefit plan or program of the Company or its Affiliates, except to the extent specifically provided in such other plan or program. Nothing herein shall prevent the Company or its Affiliates from maintaining additional compensation plans and arrangements; provided, however, that no payments shall be made under such plans and arrangements if the effect thereof would be the payment of compensation otherwise payable under this Agreement regardless of whether the Threshold Performance Goal was attained. View More
Found in EQM Midstream Partners, LP contract