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: Restricted Stock Unit Award Agreement (Biogen Inc.), Restricted Stock Unit Award Agreement (Biogen Inc.), Performance Stock Units 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: Merger Agreement (CSLM Acquisition Corp.), Equity Incentive Plan (Icad Inc), Equity Incentive Plan (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.), Market Stock Unit Award Agreement (Biogen Idec Inc.), Cash Settled Performance Shares Award Agreement (Biogen Idec Inc.)

Cancellation and Rescission of Awards. The Committee may cancel, rescind, withhold or otherwise limit or restrict the Award prior to payment this Stock Option at any time prior to exercise 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 3 contracts

Samples: Nonqualified Stock Option Award Agreement (Biogen Inc.), Nonqualified Stock Option Award Agreement (Bioverativ Inc.), Nonqualified Stock Option 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: Incentive Compensation Plan (Retrophin, Inc.), Incentive Compensation Plan (Retrophin, Inc.), Incentive Compensation Plan (Associated Banc-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 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: Incentive Plan (Peabody Energy Corp), 2015 Long Term Incentive Plan (Peabody Energy Corp)

Cancellation and Rescission of Awards. The Committee may cancel, rescind, withhold or otherwise limit or restrict the Award prior to payment this Stock Option at any time prior to exercise 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: Nonqualified Stock Option Award Agreement (Bioverativ Inc.)

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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: Bonus Compensation Plan (Diamond Resorts International, 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, 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: Stock Incentive Plan (Navigators Group 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 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: Equity Incentive Plan (Factory Card Outlet Corp)

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