Recoupment Clause Example with 9 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. The RSUs granted under this Agreement, and any Shares issued or other payments made in respect thereof, shall be subject to any recoupment policy that the Company may adopt from time to time, to the extent any such policy is applicable to the Participant. By accepting the grant of RSUs under this Agreement the Participant agrees and consents to the Company's application, implementation and enforcement of (a) the recoupment policy and (b) any provision of applicable law relating to cancellation, ...recoupment, rescission or payback of compensation and expressly agrees that the Company may take such actions as are necessary to effectuate the recoupment policy (as applicable to the Participant) or applicable law without further consent or action being required by the Participant. For purposes of the foregoing, the Participant expressly and explicitly authorizes the Company to issue instructions, on the Participant's behalf, to any brokerage firm and/or third party administrator engaged by the Company to hold the Participant's Shares and other amounts acquired under the Plan to re-convey, transfer or otherwise return such Shares and/or other amounts to the Company. To the extent that the terms of this Agreement and the recoupment policy conflict, the terms of the recoupment policy shall prevail.View More
Variations of a "Recoupment" Clause from Business Contracts
Recoupment. The RSUs granted under Notwithstanding any other provision of this Agreement, Agreement to the contrary, the Participant acknowledges and agrees that the Performance Share Units, any Shares issued acquired pursuant thereto and/or any amount received with respect to any sale of such Shares are subject to potential cancellation, recoupment, rescission, payback or other payments made action in respect thereof, shall be subject to any accordance with the terms of the Company's recoupment policy that... as in effect on the Company Grant Date and as such policy may adopt be amended from time to time, time in order to the extent any such policy is comply with changes in laws, rules or regulations that are applicable to the Participant. By accepting the grant of RSUs under this Agreement the Performance Share Units and Shares. The Participant agrees and consents to the Company's application, implementation and enforcement of (a) the recoupment policy policy, and (b) any provision of applicable law relating to cancellation, recoupment, rescission or payback of compensation and expressly agrees that the Company may take such actions as are necessary to effectuate the recoupment policy (as applicable to the Participant) or applicable law without further consent or action being required by the Participant. For purposes of the foregoing, the Participant expressly and explicitly authorizes the Company to issue instructions, on the Participant's his or her behalf, to any brokerage firm and/or third party administrator engaged by the Company to hold the Participant's his or her Shares and other amounts acquired under the Plan to re-convey, transfer or otherwise return such Shares and/or other amounts to the Company. Company upon the enforcement of the provisions continued in this Section 17. To the extent that the terms of this Agreement and the recoupment policy conflict, the terms of the recoupment policy shall prevail. 7 18. Insider Trading/Market Abuse Laws. By Participating in the Plan, the Participant agrees to comply with the Company's Insider Trading Policy. Further, the Participant acknowledges that the Participant's country of employment (and country of residence, if different) may also have laws or regulations governing insider trading and that such laws or regulations may impose additional restrictions on the Participant's ability to participate in the Plan (e.g., acquiring or selling Shares) and that the Participant is solely responsible for complying with such laws or regulations. View More
Recoupment. The RSUs granted under Notwithstanding any other provision of this Agreement, Agreement to the contrary, the Participant acknowledges and agrees that the Restricted Stock Units, any Shares issued acquired pursuant thereto and/or any amount received with respect to any sale of such Shares are subject to potential cancellation, recoupment, rescission, payback or other payments made action in respect thereof, shall be subject to any accordance with the terms of the Company's recoupment policy that...as in effect on the Company Grant Date and as such policy may adopt be amended from time to time, time in order to the extent any such policy is comply with changes in laws, rules or regulations that are applicable to the Participant. By accepting the grant of RSUs under this Agreement the Restricted Stock Units and Shares. The Participant agrees 8 and consents to the Company's application, implementation and enforcement of (a) the recoupment policy policy, and (b) any provision of applicable law relating to cancellation, recoupment, rescission or payback of compensation and expressly agrees that the Company may take such actions as are necessary to effectuate the recoupment policy (as applicable to the Participant) or applicable law without further consent or action being required by the Participant. For purposes of the foregoing, the Participant expressly and explicitly authorizes the Company to issue instructions, on the Participant's his or her behalf, to any brokerage firm and/or third party administrator engaged by the Company to hold the Participant's his or her Shares and other amounts acquired under the Plan to re-convey, transfer or otherwise return such Shares and/or other amounts to the Company. Company upon the enforcement of the provision contained in this Section 17. To the extent that the terms of this Agreement and the recoupment policy conflict, the terms of the recoupment policy shall prevail. View More
Recoupment. The RSUs granted under Notwithstanding any other provision of this Agreement, Agreement to the contrary, the Participant acknowledges and agrees that the Performance Share Units, any Shares issued acquired pursuant thereto and/or any amount received with respect to any sale of such Shares are subject to potential cancellation, recoupment, rescission, payback or other payments made action in respect thereof, shall be subject to any accordance with the terms of the Company's recoupment policy that... as in effect on the Company Grant Date and as such policy applicable to the Company's executive officers may adopt be amended from time to time, including in order to the extent any such policy is comply with changes in laws, rules or regulations that are applicable to the Participant. By accepting the grant of RSUs under this Agreement the Performance Share Units and Shares. The Participant agrees and consents to the Company's application, implementation and enforcement of (a) the recoupment policy policy, and (b) any provision of applicable law relating to cancellation, recoupment, rescission or payback of compensation and expressly agrees that the Company may take such actions as are necessary to effectuate the recoupment policy (as applicable to the Participant) or applicable law without further consent or action being required by the Participant. For purposes of the foregoing, the Participant expressly and explicitly authorizes the Company to issue instructions, on the Participant's his or her behalf, to any brokerage firm and/or third party administrator engaged by the Company to hold the Participant's his or her Shares and other amounts acquired under the Plan to re-convey, transfer or otherwise return such Shares and/or other amounts to the Company. Company upon the enforcement of the provisions continued in this Section 18. To the extent that the terms of this Agreement and the recoupment policy conflict, the terms of the recoupment policy shall prevail. View More
Recoupment. The RSUs granted under Notwithstanding any other provision of this Agreement, Agreement to the contrary, the Participant acknowledges and agrees that the Price Vested Units, any Shares issued acquired pursuant thereto and/or any amount received with respect to any sale of such Shares are subject to potential cancellation, recoupment, rescission, payback or other payments made action in respect thereof, shall be subject to any accordance with the terms of the Company's recoupment policy that as i...n effect on the Company Grant Date and as such policy applicable to the Company's executive officers may adopt be amended from time to time, time in order to the extent any such policy is comply with changes in laws, rules or regulations that are applicable to the Participant. By accepting the grant of RSUs under this Agreement the Price Vested Units and Shares. The Participant agrees and consents to the Company's application, implementation and enforcement of (a) the recoupment policy policy, and (b) any provision of applicable law relating to cancellation, recoupment, rescission or payback of compensation and expressly agrees that the Company may take such actions as are necessary to effectuate the recoupment policy (as applicable to the Participant) or applicable law without further consent or action being required by the Participant. For purposes of the foregoing, the Participant expressly and explicitly authorizes the Company to issue instructions, on the Participant's his or her behalf, to any brokerage firm and/or third party administrator engaged by the Company to hold the Participant's his or her Shares and other amounts acquired under the Plan to re-convey, transfer or otherwise return such Shares and/or other amounts to the Company. Company upon the enforcement of the provisions continued in this Section 18. To the extent that the terms of this Agreement and the recoupment policy conflict, the terms of the recoupment policy shall prevail. View More
Recoupment. The RSUs granted under Notwithstanding any other provision of this Agreement, Agreement to the contrary, the Participant acknowledges and agrees that the Restricted Stock Units, any Shares issued acquired pursuant thereto and/or any amount received with respect to any sale of such Shares are subject to potential cancellation, recoupment, rescission, payback or other payments made action in respect thereof, shall be subject to any accordance with the terms of the Company's recoupment policy that...as in effect on the Company Grant Date and as such policy may adopt be amended from time to time, time in order to the extent any such policy is comply with changes in laws, rules or regulations that are applicable to the Participant. By accepting the grant of RSUs under this Agreement the Restricted Stock Units and Shares. The Participant agrees and consents to the Company's application, implementation and enforcement of (a) the recoupment policy policy, and (b) any provision of applicable law relating to cancellation, recoupment, rescission or payback of compensation and expressly agrees that the Company may take such actions as are necessary to effectuate the recoupment policy (as applicable to the Participant) or applicable law without further consent or action being required by the Participant. For purposes of the foregoing, the Participant expressly and explicitly authorizes the Company to issue instructions, on the Participant's his or her behalf, to any brokerage firm and/or third party administrator engaged by the Company to hold the Participant's his or her Shares and other amounts acquired under the Plan to re-convey, transfer or otherwise return such Shares and/or other amounts to the Company. Company upon the enforcement of the provisions contained in this Section 17. To the extent that the terms of this Agreement and the recoupment policy conflict, the terms of the recoupment policy shall prevail. View More
Recoupment. The RSUs granted under Notwithstanding any other provision of this Agreement, Agreement to the contrary, the Participant acknowledges and agrees that the Performance Share Units, any Shares issued acquired pursuant thereto and/or any amount received with respect to any sale of such Shares are subject to potential cancellation, recoupment, rescission, payback or other payments made action in respect thereof, shall be subject to any accordance with the terms of the Company's recoupment policy that... as in effect on the Company Grant Date and as such policy applicable to the Company's executive officers may adopt be amended from time to time, time in order to the extent any such policy is comply with changes in laws, rules or regulations that are applicable to the Participant. By accepting the grant of RSUs under this Agreement the Performance Share Units and Shares. The Participant agrees and consents to the Company's application, implementation and enforcement of (a) the recoupment policy policy, and (b) any provision of applicable law relating to cancellation, recoupment, rescission or payback of compensation and expressly agrees that the Company may take such actions as are necessary to effectuate the recoupment policy (as applicable to the Participant) or applicable law without further consent or action being required by the Participant. For purposes of the foregoing, the Participant expressly and explicitly authorizes the Company to issue instructions, on the Participant's his or her behalf, to any brokerage firm and/or third party administrator engaged by the Company to hold the Participant's his or her Shares and other amounts acquired under the Plan to re-convey, transfer or otherwise return such Shares and/or other amounts to the Company. Company upon the enforcement of the provisions continued in this Section 18. To the extent that the terms of this Agreement and the recoupment policy conflict, the terms of the recoupment policy shall prevail. View More
Recoupment. The RSUs granted under Notwithstanding any other provision of this Agreement, Agreement to the contrary, the Participant acknowledges and agrees that the Restricted Stock Units, any Shares issued acquired pursuant thereto and/or any amount received with respect to any sale of such Shares are subject to potential cancellation, recoupment, rescission, payback or other payments made action in respect thereof, shall be subject to any accordance with the terms of the Company's recoupment policy that...as in effect on the Company Grant Date and as such policy may adopt be amended from time to time, time in order to the extent any such policy is comply with changes in laws, rules or regulations that are applicable to the Participant. By accepting the grant of RSUs under this Agreement the Restricted Stock Units and Shares. The Participant agrees and consents to the Company's application, implementation and enforcement of (a) the recoupment policy policy, and (b) any provision of applicable law relating to cancellation, recoupment, rescission or payback of compensation and expressly agrees that the Company may take such actions as are necessary to effectuate the recoupment policy (as applicable to the Participant) or applicable law without further consent or action being required by the Participant. For purposes of the foregoing, the Participant expressly and explicitly authorizes the Company to issue instructions, on the Participant's his or her behalf, to any brokerage firm and/or third party administrator engaged by the Company to hold the Participant's his or her Shares and other amounts acquired under the Plan to re-convey, transfer or otherwise return such Shares and/or other amounts to the Company. Company upon the enforcement of the provision contained in this Section 17. To the extent that the terms of this Agreement and the recoupment policy conflict, the terms of the recoupment policy shall prevail. View More
Recoupment. The RSUs granted under Notwithstanding any other provision of this Agreement, Agreement to the contrary, the Participant acknowledges and agrees that the Stock Options, any Shares issued acquired pursuant thereto and/or any amount received with respect to any sale of such Shares are subject to potential cancellation, recoupment, rescission, payback or other payments made action in respect thereof, shall be subject to any accordance with the terms of the Company's recoupment policy that as in eff...ect on the Company Award Date and as such policy may adopt be amended from time to time, time in order to the extent any such policy is comply with changes in laws, rules or regulations that are applicable to the Participant. By accepting the grant of RSUs under this Agreement the Stock Options and Shares. The Participant agrees and consents to the Company's application, implementation and enforcement of (a) the recoupment policy policy, and (b) any provision of applicable law relating to cancellation, recoupment, rescission or payback of compensation and expressly agrees that the Company may take such actions as are necessary to effectuate the recoupment policy (as applicable to the Participant) or applicable law without further consent or action being required by the Participant. For purposes of the foregoing, the Participant expressly and explicitly authorizes the Company to issue instructions, on the Participant's his or her behalf, to any brokerage firm and/or third party administrator engaged by the Company to hold the Participant's his or her Shares and other amounts acquired under the Plan to re-convey, transfer or otherwise return such Shares and/or other amounts to the Company. Company upon enforcement of the provisions contained in this Section 17. To the extent that the terms of this Agreement and the recoupment policy conflict, the terms of the recoupment policy shall prevail. View More
Recoupment. The RSUs granted under Notwithstanding any other provision of this Agreement, Agreement to the contrary, the Participant acknowledges and agrees that the Performance Share Units, any Shares issued acquired pursuant thereto and/or any amount received with respect to any sale of such Shares are subject to potential cancellation, recoupment, rescission, payback or other payments made action in respect thereof, shall be subject to any accordance with the terms of the Company's recoupment policy that... as in effect on the Company Grant Date and as such policy may adopt be amended from time to time, time in order to the extent any such policy is comply with changes in laws, rules or regulations that are applicable to the Participant. By accepting the grant of RSUs under this Agreement the Performance Share Units and Shares. The Participant agrees and consents to the Company's application, implementation and enforcement of (a) the recoupment policy policy, and (b) any provision of applicable law relating to cancellation, recoupment, rescission or payback of compensation and expressly agrees that the Company may take such actions as are necessary to effectuate the recoupment policy (as applicable to the Participant) or applicable law without further consent or action being required by the Participant. For purposes of the foregoing, the Participant expressly and explicitly authorizes the Company to issue instructions, on the Participant's his or her behalf, to any brokerage firm and/or third party administrator engaged by the Company to hold the Participant's his or her Shares and other amounts acquired under the Plan to re-convey, transfer or otherwise return such Shares and/or other amounts to the Company. Company upon the enforcement of the provisions continued in this Section 17. To the extent that the terms of this Agreement and the recoupment policy conflict, the terms of the recoupment policy shall prevail. View More
