Common use of Clawback of Incentive-Based Compensation Clause in Contracts

Clawback of Incentive-Based Compensation. Notwithstanding the foregoing, all incentive-based compensation payable to Employee during the Term of this Agreement shall be subject to clawback in accordance with Company policies, as may be adopted and/or amended from time to time, in accordance with applicable law, including, without limitation, the Securities and Exchange Commission’s rules and regulations and/or rules of the exchange on which the Company’s equity securities may be listed from time to time.

Appears in 5 contracts

Samples: Employment Agreement (Simulations Plus, Inc.), Employment Agreement (Simulations Plus, Inc.), Employment Agreement (Simulations Plus, Inc.)

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