Common use of Clawback of Incentive Compensation Clause in Contracts

Clawback of Incentive Compensation. Notwithstanding the foregoing, to the extent required by applicable Company policies and/or applicable law, all incentive compensation payable to Executive 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, SEC 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 3 contracts

Samples: Employment Agreement (One Stop Systems, Inc.), Employment Agreement (One Stop Systems, Inc.), Employment Agreement (One Stop Systems, Inc.)

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Clawback of Incentive Compensation. Notwithstanding the foregoing, to the extent required by applicable Company policies and/or applicable law, all incentive compensation payable to Executive 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, SEC 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 1 contract

Samples: Employment Agreement (One Stop Systems, Inc.)

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