Common use of Cash Award Eligibility and Repayment Conditions Clause in Contracts

Cash Award Eligibility and Repayment Conditions. Within 120 days after the Effective Date of the CIA, Indivior shall implement an eligibility and repayment condition on Cash Awards that will allow Indivior, as a consequence of a Triggering Event, to pursue repayment from Covered Executives of an amount equivalent to up to two years of Cash Awards paid to the individual. These eligibility and repayment conditions shall be designed to survive the payment of the Covered Executive’s Cash Award and the separation of the Covered Executive’s employment for a period of two years from the payment of the Cash Award. If payment of any portion of a Cash Award is Indivior Corporate Integrity Agreement Appendix C 2 deferred on a mandatory or voluntary basis, the two-year period shall be measured from the date the bonus would have been paid in the absence of deferral. If an Affirmative Recoupment Determination is made, Indivior shall endeavor to collect repayment of any Cash Award from the Covered Executive through reasonable and appropriate means according to the terms of its Cash Award plan (or executive contract if applicable), and to the extent permitted by controlling law of the relevant jurisdiction. If necessary and appropriate to collect the repayment, Indivior shall file suit against the Covered Executive unless good cause exists not to do so. For purposes of the Executive Financial Recoupment Program, good cause shall include, but not be limited to, a financial inability on the part of the Covered Executive to repay any recoupment amount or Indivior’s inability to bring such a suit under the controlling law of the relevant jurisdiction.

Cash Award Eligibility and Repayment Conditions. Within 120 days after the Effective Date of the CIA, Indivior shall implement an eligibility and repayment condition on Cash Awards that will allow Indivior, as a consequence of a Triggering Event, to pursue repayment from Covered Executives of an amount equivalent to up to two years of Cash Awards paid to the individual. These eligibility and repayment conditions shall be designed to survive the payment of the Covered Executive’s Cash Award and the separation of the Covered Executive’s employment for a period of two years from the payment of the Cash Award. If payment of any portion of a Cash Award is Indivior Corporate Integrity Agreement Appendix C 2 deferred on a mandatory or voluntary basis, the two-year period shall be measured from the date the bonus would have been paid in the absence of deferral. If an Affirmative Recoupment Determination is made, Indivior shall endeavor to collect repayment of any Cash Award from the Covered Executive through reasonable and appropriate means according to the terms of its Cash Award plan (or executive contract if applicable), and to the extent permitted by controlling law of the relevant jurisdiction. If necessary and appropriate to collect the repayment, Indivior shall file suit against the Covered Executive unless good cause exists not to do so. For purposes of the Executive Financial Recoupment Program, good cause shall include, but not be limited to, a financial inability on the part of the Covered Executive to repay any recoupment amount or Indivior’s inability to bring such a suit under the controlling law of the relevant jurisdiction.

Cash Award Eligibility and Repayment Conditions. Within 120 days after the Effective Date of the CIA, Indivior Xxxxxx shall implement an eligibility and repayment condition on Cash Awards that will allow IndiviorXxxxxx, as a consequence of a Triggering Event, to pursue repayment from Covered Executives of an amount equivalent to up to two years all or any portion of Cash Awards paid to the individualindividual in the three years prior to the Affirmative Recoupment Determination. These To the extent permitted by controlling law, these eligibility and repayment conditions shall be designed to survive the payment of the Covered Executive’s Cash Award and the separation of the Covered Executive’s employment for a period of two three years from the payment of the Cash Award. If payment of any portion of a Cash Award is Indivior Corporate Integrity Agreement Appendix C 2 deferred on a mandatory or voluntary basis, the twothree-year period shall be measured from the date the bonus would have been paid in the absence of deferral. If an Affirmative Recoupment Determination is made, Indivior Sandoz shall endeavor to collect repayment of any Cash Award from the Covered Executive through reasonable and appropriate means according to the terms of its Cash Award plan (or executive contract if applicable), and to the extent permitted by controlling law of the relevant jurisdiction. If necessary and appropriate to collect the repayment, Indivior Xxxxxx shall file suit against the Covered Executive unless good cause exists not to do so. For purposes of the Executive Financial Recoupment Program, good cause shall include, but not be limited to, a financial inability on the part of the Covered Executive to repay any recoupment amount or Indivior’s Xxxxxx’x inability to bring such a suit under the controlling law of the relevant jurisdiction.

Cash Award Eligibility and Repayment Conditions. Within 120 days after the Effective Date of the CIA, Indivior Taro shall implement an eligibility and repayment condition on Cash Awards that will allow IndiviorXxxx, as a consequence of a Triggering Event, to pursue repayment from Covered Executives of an amount equivalent to up to two years all or any portion of Cash Awards paid to the individualindividual in the three years prior to the Affirmative Recoupment Determination. These eligibility and repayment conditions shall be designed to survive the payment of the Covered Executive’s Cash Award and the separation of the Covered Executive’s employment for a period of two three years from the payment of the Cash Award. If payment of any portion of a Cash Award is Indivior Corporate Integrity Agreement Appendix C 2 deferred on a mandatory or voluntary basis, the two3-year period shall be measured from the date the bonus would have been paid in the absence of deferral. If an Affirmative Recoupment Determination is made, Indivior Taro shall endeavor to collect repayment of any Cash Award from the Covered Executive through reasonable and appropriate means according to the terms of its Cash Award plan (or executive contract if applicable), and to the extent permitted by controlling law of the relevant jurisdiction. If necessary and appropriate to collect the repayment, Indivior Taro shall file suit against the Covered Executive unless good cause exists not to do so. For purposes of the Executive Financial Recoupment Program, good cause shall include, but not be limited to, a financial inability on the part of the Covered Executive to repay any recoupment amount or IndiviorTaro’s inability to bring such a suit under the controlling law of the relevant jurisdiction.jurisdiction.‌‌