Clawback Provision. If the Company’s financial statements are the subject of a restatement due to misconduct, to the extent permitted by governing law, in all appropriate cases, the Company will seek reimbursement of excess share compensation granted to you per this Agreement. “Excess share compensation” means the positive difference, if any, between (i) the award paid to you and (ii) the award that would have been paid to you had the award been calculated based on the Company’s financial statements as restated.
Appears in 4 contracts
Samples: Restricted Stock Unit Agreement (Northwest Pipe Co), Restricted Stock Unit Agreement (Northwest Pipe Co), Restricted Stock Unit Agreement (Northwest Pipe Co)
Clawback Provision. If the Company’s financial statements are the subject of a restatement due to misconduct, to the extent permitted by governing law, in all appropriate cases, the Company will seek reimbursement of excess share compensation granted to you Employee per this Agreement. “Excess share compensation” compensation means the positive difference, if any, between (i1) the award paid to you Employee, and (ii) the award that would have been paid to you had the award been calculated based on the Company’s financial statements as restated.
Appears in 4 contracts
Samples: Performance Share Unit Agreement (Northwest Pipe Co), Performance Share Unit Agreement (Northwest Pipe Co), Performance Share Unit Agreement (Northwest Pipe Co)
Clawback Provision. If the Company’s financial statements are the subject of a restatement due to misconduct, to the extent permitted by governing law, in all appropriate cases, the Company will seek reimbursement of excess share compensation granted to you Employee per this Agreement. “Excess share compensation” means the positive difference, if any, between (i) the award paid to you Employee and (ii) the award that would have been paid to you Employee had the award been calculated based on the Company’s financial statements as restated.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Northwest Pipe Co), Restricted Stock Unit Agreement (Northwest Pipe Co)
Clawback Provision. If the Company’s financial statements are the subject of a restatement due to misconduct, to the extent permitted by governing law, in all appropriate cases, the Company will seek reimbursement of excess share Share compensation granted to you the Employee per this Agreement. “Excess share compensation” Share compensation means the positive difference, if any, between (i1) the award paid to you the Employee, and (ii) the award that would have been paid to you had the award been calculated based on the Company’s financial statements as restated.
Appears in 2 contracts
Samples: Performance Share Unit Agreement (Northwest Pipe Co), Performance Share Unit Agreement (Northwest Pipe Co)
Clawback Provision. If the Company’s financial statements are the subject of a restatement due to misconduct, to the extent permitted by governing law, in all appropriate cases, the Company will seek reimbursement of excess share compensation Excess Share Compensation granted to you per this Agreement. “Excess share compensationShare Compensation” means the positive difference, if any, between (i) the award paid to you and (ii) the award that would have been paid to you had the award been calculated based on the Company’s financial statements as restated.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Northwest Pipe Co), Performance Share Award Agreement (Northwest Pipe Co)
