Clawback/Recoupment. (a) The Committee may, to the extent permitted by governing law, require reimbursement of any payment of Common Stock received upon the vesting of this Award if the Award Recipient is an employee of pay grade 22 or higher as of the Issue Date and the Committee has determined, in its sole discretion, that the Award Recipient engaged in ethical misconduct in violation of the Company's Code of Business Ethics, which the Committee reasonably determines caused material business or reputational harm to the Company.
Appears in 4 contracts
Samples: Retention Restricted Stock Unit Award Agreement for Employees (Alpha Natural Resources, Inc.), Restricted Stock Unit Award Agreement for Employees (Alpha Natural Resources, Inc.), Retention Restricted Stock Unit Award Agreement for Employees (Alpha Natural Resources, Inc.)
Clawback/Recoupment. (a) The Committee may, to the extent permitted by governing law, require reimbursement of any payment of Common Stock received upon the vesting of this Award if the Award Recipient is an employee of pay grade 22 or higher as of the Issue Date and the Committee has determined, in its sole discretion, that the Award Recipient engaged in ethical misconduct in violation of the Company's ’s Code of Business Ethics, which the Committee reasonably determines caused material business or reputational harm to the Company.
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement for Employees (Alpha Natural Resources, Inc.), Restricted Stock Unit Award Agreement for Employees (Alpha Natural Resources, Inc.), Restricted Stock Unit Award Agreement for Employees (Alpha Natural Resources, Inc.)
Clawback/Recoupment. (a) The Committee may, to the extent permitted by governing law, require reimbursement of any payment of Common Stock received upon the vesting of this Award if the Award Recipient is an employee of pay grade 22 or higher as of the Issue Date and the Committee has determined, in its sole discretion, that the Award Recipient engaged in ethical misconduct in violation of the Company's Code of Business Ethics, which the Committee reasonably determines caused material business or reputational harm to the Company.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement for Employees (Alpha Natural Resources, Inc.)
Clawback/Recoupment. (a) The Committee may, to the extent permitted by governing law, require reimbursement of any payment of Common Stock received upon the vesting of this Award if the Award Recipient is an employee of pay grade 22 or higher as of the Issue Date and the Committee has determined, in its sole discretion, that the Award Recipient engaged in ethical misconduct in violation of the Company's ’s Code of Business Ethics, which the Committee reasonably determines caused material business or reputational harm to the CompanyCompany and its Affiliates.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Alpha Natural Resources, Inc.)
