Common use of Clawback, Adjustment or Recoupment Clause in Contracts

Clawback, Adjustment or Recoupment. Restricted Share Units and related Dividend Equivalents are also subject to rescission, cancellation or recoupment, in whole or in part, if, when and to the extent so provided under any clawback, adjustment or similar policy of PNC in effect on the Award Grant Date (including PNC’s 2012 Incentive Compensation Adjustment and Clawback Policy as amended from time to time) or that may be established thereafter and to any clawback or recoupment that may be required by applicable law or regulation.

Appears in 2 contracts

Samples: Restricted Share Units Award Agreement (PNC Financial Services Group, Inc.), Restricted Share Units Award Agreement (PNC Financial Services Group, Inc.)

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Clawback, Adjustment or Recoupment. Restricted Share Units and related Dividend Equivalents are also shall be subject to rescission, cancellation or recoupment, in whole or in part, if, when if and to the extent so provided under PNC’s Incentive Compensation Adjustment and Clawback Policy, as in effect from time to time with respect to the Award, or any other applicable clawback, adjustment or similar policy of PNC in effect on or established after the Award Grant Designated Marker Date (including PNC’s 2012 Incentive Compensation Adjustment and Clawback Policy as amended from time to time) or that may be established thereafter and to any clawback or recoupment that may be required by applicable law or regulation.

Appears in 1 contract

Samples: Award Agreement (PNC Financial Services Group, Inc.)

Clawback, Adjustment or Recoupment. Restricted Share Units and related Dividend Equivalents are also subject to rescission, cancellation or recoupment, in whole or in part, if, when if and to the extent so provided under any clawback, adjustment or similar policy of PNC in effect on the Award Grant Date (including PNC’s 2012 Incentive Compensation Adjustment and Clawback Policy as amended from time to timePolicy) or that may be established thereafter and to any clawback or recoupment that may be required by applicable law or regulation.

Appears in 1 contract

Samples: Restricted Share Units Award Agreement (PNC Financial Services Group, Inc.)

Clawback, Adjustment or Recoupment. Restricted Share Units and related Dividend Equivalents are also subject to rescission, cancellation or recoupment, in whole or in part, if, when if and to the extent so provided under any clawback, adjustment or similar policy of PNC in effect on the Award Grant Issuance Date (including PNC’s 2012 Incentive Compensation Adjustment and Clawback Policy as amended from time to timePolicy) or that may be established thereafter and to any clawback or recoupment that may be required by applicable law or regulation.

Appears in 1 contract

Samples: Restricted Share Units Award Agreement (PNC Financial Services Group, Inc.)

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Clawback, Adjustment or Recoupment. Restricted Share Units and related Dividend Equivalents are also shall be subject to rescission, cancellation or recoupment, in whole or in part, if, when and to the extent so provided under PNC’s Incentive Compensation Adjustment and Clawback Policy, as in effect from time to time with respect to the Award, or any other applicable clawback, adjustment or similar policy of PNC in effect on or established after the Award Grant Date (including PNC’s 2012 Incentive Compensation Adjustment and Clawback Policy as amended from time to time) or that may be established thereafter and to any clawback or recoupment that may be required by applicable law or regulation.

Appears in 1 contract

Samples: Award Agreement (PNC Financial Services Group, Inc.)

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