Recoupment Policy Clause Example from Business Contracts

This example Recoupment Policy clause appears in 2 contracts from 1 company

Recoupment Policy. The award of Restricted Shares and any amounts paid to Grantee 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 Restricted Shares.11. Relationship to Other Benefits. The Restricted Shares shall not affect the calculation of benefits under the Company's or its Affiliates' qualified retirement plans or a...ny 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. View More