Common use of Cancellation and Rescission of Awards Clause in Contracts

Cancellation and Rescission of Awards. The Committee may cancel, rescind, withhold or otherwise limit or restrict the Award prior to payment at any time if the Participant is not in compliance with all applicable provisions of this Agreement and the Plan, or if the Participant engages in any Detrimental Activity.

Appears in 19 contracts

Samples: Performance Stock Units Award Agreement (Biogen Inc.), Restricted Stock Unit Award Agreement (Biogen Inc.), Restricted Stock Unit Award Agreement (Biogen Inc.)

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Cancellation and Rescission of Awards. The Unless the Award Agreement specifies otherwise, the Committee may cancel, rescind, withhold suspend, withhold, or otherwise limit or restrict the any unexercised Award prior to payment at any time if the Participant Grantee is not in compliance with all applicable provisions of this the Award Agreement and the Plan, Plan or if the Participant engages in any Detrimental ActivityGrantee has a Termination of Affiliation.

Appears in 19 contracts

Samples: Registration Rights Agreement (CSLM Acquisition Corp.), Agreement and Plan of Merger (Big Cypress Acquisition Corp.), Icad Inc

Cancellation and Rescission of Awards. The Committee may cancel, rescind, withhold or otherwise limit or restrict the this Award prior to payment at any time if the Participant is not in compliance with all applicable provisions of this Agreement and the Plan, or if the Participant engages in any Detrimental Activity.

Appears in 4 contracts

Samples: Performance Shares Award Agreement (Biogen Idec Inc.), Settled Performance Shares Award Agreement (Biogen Idec Inc.), Market Stock Unit Award Agreement (Biogen Idec Inc.)

Cancellation and Rescission of Awards. The Unless the Award Agreement specifies otherwise, the Committee may cancel, rescind, suspend, withhold or otherwise limit or restrict the any unexercised or unsettled Award prior to payment at any time if the Participant Grantee is not in compliance with all applicable provisions of this the Award Agreement and the Plan, or if the Participant engages is in violation of any Detrimental Activityrestrictive covenant or other agreement with an Employer.

Appears in 3 contracts

Samples: Award Agreement (Associated Banc-Corp), Retrophin, Inc., Retrophin, Inc.

Cancellation and Rescission of Awards. The Unless the Award Agreement specifies otherwise, the Committee may cancel, rescind, withhold suspend, withhold, or otherwise limit or restrict the any unexercised or unsettled Award prior to payment at any time if the Participant Grantee is not in compliance with all applicable provisions of this the Award Agreement and the Plan, or if the Participant engages is otherwise in violation of any Detrimental Activityrestrictive covenant or other agreement with an Employer.

Appears in 2 contracts

Samples: Peabody Energy Corp, Peabody Energy Corp

Cancellation and Rescission of Awards. The Unless the Award Agreement specifies otherwise, the Committee may cancel, rescind, withhold suspend, withhold, or otherwise limit or restrict the any unexercised Award prior to payment at any time if the Participant Grantee is not in compliance with all applicable provisions of this the Award Agreement and the Plan, or if the Participant engages in any Detrimental Activity.

Appears in 1 contract

Samples: Factory Card Outlet Corp

Cancellation and Rescission of Awards. The Notwithstanding anything in this Agreement to the contrary, the Committee may cancelcancel any unexpired, rescindunpaid, withhold unvested, or otherwise limit deferred Awards (and an Award that has already been paid, vested, or restrict the Award prior to payment delivered may be rescinded) in accordance with this paragraph 9 at any time if the Participant is you are not in compliance with all other applicable provisions of this Agreement Agreement, the Plan and with the Plan, or if the Participant engages in any Detrimental Activity.following conditions:

Appears in 1 contract

Samples: Restricted Share Award Agreement (Tig Holdings Inc)

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Cancellation and Rescission of Awards. The Unless the Award Agreement specifies otherwise, the Committee may cancel, rescind, withhold suspend, withhold, or otherwise limit or restrict the any unexercised or unsettled Award prior to payment at any time if the Participant Grantee is not in compliance with all applicable provisions of this the Award Agreement and the Plan, Plan or if the Participant engages is in violation of any Detrimental Activityrestrictive covenant or other agreement with an Employer.

Appears in 1 contract

Samples: Form of Award Agreement (Navigators Group Inc)

Cancellation and Rescission of Awards. The Committee may cancel, rescind, withhold or otherwise limit or restrict the Award prior to payment at any time if the Participant is not in compliance with all applicable provisions of this Agreement and the Plan, or if the Participant engages in any Detrimental Activity.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Bioverativ Inc.)

Cancellation and Rescission of Awards. The Unless the Award Agreement specifies otherwise, the Committee may cancel, rescind, suspend, withhold or otherwise limit or restrict the any unsettled Award prior to payment at any time if the Participant Grantee is not in compliance with all applicable provisions of this the Award Agreement and the Plan, or if the Participant engages is in violation of any Detrimental Activityrestrictive covenant or other agreement with an Employer.

Appears in 1 contract

Samples: Diamond Resorts International, Inc.

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