Recoupment Clause Example with 4 Variations from Business Contracts

This page contains Recoupment 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. Notwithstanding any other provision of this Agreement, to the extent required by applicable law, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, or pursuant to the Company's Incentive Recoupment Policy or any similar policy as may be in effect, the Company shall have the right to seek recoupment of all or any portion of an Award (including by forfeiture of any outstanding Award or by the Grantee's remittance to the Company of vested Award shares or of a cash payment equa...l to the vested Award shares). The value with respect to which such recoupment is sought shall be determined by the Committee. The Committee shall be entitled, as permitted by applicable law, to deduct the amount of such payment from any amounts the Company may owe to the Grantee. View More
Found in Houston Wire & Cable CO contract

Variations of a "Recoupment" Clause from Business Contracts

Recoupment. Notwithstanding any other provision of this Agreement, to the extent required by applicable law, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, or pursuant to the Company's Incentive Recoupment Policy or any similar policy as may be in effect, the Company shall have the right to seek recoupment of all or any portion of an Award Option (including by forfeiture of any the then outstanding Award and unexercised portion of the Option (whether vested or unvested) or by the G...rantee's remittance to the Company of vested Award shares Common Stock acquired on exercise of the Option or of a cash payment equal to for the vested Award shares). value thereof). The value with respect to which such recoupment is sought shall be determined by the Committee. Company. The Committee Company shall be entitled, as permitted by applicable law, to deduct the amount of such payment from any amounts the Company may owe to the Grantee. View More
Found in AAR Corp contract
Recoupment. Notwithstanding any other provision of this Agreement, to the extent required by applicable law, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, or pursuant to the Company's Incentive Recoupment Policy or any similar policy as may be in effect, the Company shall have the right to seek recoupment of all or any portion of an Award (including by forfeiture of any outstanding Award Shares or by the Grantee's remittance to the Company of vested Award shares Shares pursuant to... which the restrictions previously lapsed or of a cash payment equal to Award Shares pursuant to which the vested Award shares). restrictions previously lapsed). The value with respect to which such recoupment is sought shall be determined by the Committee. Company. The Committee Company shall be entitled, as permitted by applicable law, to deduct the amount of such payment from any amounts the Company may owe to the Grantee. View More
Found in AAR Corp contract
Recoupment. Notwithstanding any other provision of this Agreement, to the extent required by applicable law, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, or pursuant to the Company's Incentive Recoupment Policy or any similar policy as may be in effect, the Company shall have the right to seek recoupment of all or any portion of an Award the Option (including by forfeiture of any outstanding Award Option or by the Grantee's your remittance to the Company of vested Award shares Sh...ares or of a cash payment equal to the vested Award shares). Shares acquired upon exercise of the Option). The value with respect to which such recoupment is sought shall be determined by the Committee. The Committee shall be entitled, as permitted by applicable law, to deduct the amount of such payment from any amounts the Company may owe to the Grantee. you. View More
Found in Houston Wire & Cable CO contract
Recoupment. Notwithstanding any other provision of this Agreement, to the extent required by applicable law, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, or pursuant to the Company's Incentive Recoupment Policy or any similar policy as may be in effect, the Company shall have the right to seek recoupment of all or any portion of an the Award (including by forfeiture of any outstanding Award or by the Grantee's remittance to the Company of vested Award shares Shares or of a cash p...ayment equal to the vested Award shares). Shares acquired upon exercise of the SAR). The value with respect to which such recoupment is sought shall be determined by the Committee. The Committee shall be entitled, as permitted by applicable law, to deduct the amount of such payment from any amounts the Company may owe to the Grantee. View More
Found in Houston Wire & Cable CO contract