Common use of Claw-Back Clause in Contracts

Claw-Back. Executive acknowledges that all compensation paid or payable to Executive shall be subject to the provisions of any claw-back policy that is adopted by the Company in response to the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and any other relevant laws and their rules and regulations (including stock exchange rules), and is applicable to a group of the Company’s senior level executives determined by the Company that includes, at a minimum, the Chief Executive Officer, the President and the Chief Financial Officer.

Appears in 6 contracts

Samples: Employment Agreement (RAIT Financial Trust), Employment Agreement (RAIT Financial Trust), Employment Agreement (RAIT Financial Trust)

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Claw-Back. Executive acknowledges that all compensation paid or payable to Executive shall be subject to the provisions of any claw-back policy that is adopted by the Company in response to the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and any other relevant laws and their rules and regulations (including stock exchange rules), and is applicable to a group of the Company’s senior level executives determined by the Company that includes, at a minimum, the Chief Executive OfficerCEO, the President and the Chief Financial Officer.

Appears in 1 contract

Samples: Employment Agreement (RAIT Financial Trust)

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