Common use of Bonus or Other Cash Incentive Repayments Clause in Contracts

Bonus or Other Cash Incentive Repayments. You shall repay to the Company, by certified check, within sixty (60) days of a written demand, the amount by which your Bonus or other cash incentive compensation payments made during the Forfeiture Period (defined below) would have been reduced had the Company not relied on the false or misleading financial statements, as determined by the Company in its sole discretion. For purposes of this Agreement, “Forfeiture Period” shall mean the three year period following the last day of the fiscal year of the financial statements restated by the Company; provided that, such Forfeiture Period shall not apply if the adverse restatement is filed by the Company more than three years after the last day of the fiscal year of the restated financial statements.

Bonus or Other Cash Incentive Repayments. You shall repay to the Company, by certified check, within sixty (60) days of a written demand, the amount by which your Bonus or other cash incentive compensation payments made during the Forfeiture Period (defined below) would have been reduced had the Company not relied on the false or misleading financial statements, as determined by the Company in its sole discretion. For purposes of this Agreement, “Forfeiture Period” shall mean the three year period following the last day of the fiscal year of the financial statements restated by the Company; provided that, such Forfeiture Period this Section 10.6.3.1 shall not apply if the adverse restatement is filed by the Company more than three years after the last day of the fiscal year of the restated financial statements.

Bonus or Other Cash Incentive Repayments. You shall repay to the Company, by certified check, within sixty (60) days of a written demand, the amount by which your Bonus or other cash incentive compensation payments made during the Forfeiture Period (defined below) would have been reduced had the Company not relied on the false or misleading financial statements, as determined by the Company in its sole discretion. For purposes of this Agreement, “"Forfeiture Period” " shall mean the three year period following the last day of the fiscal year of the financial statements restated by the Company; provided that, such Forfeiture Period shall not apply if the adverse restatement is filed by the Company more than three years after the last day of the fiscal year of the restated financial statements.