Common use of Clawback/Recovery Clause in Contracts

Clawback/Recovery. The Award is and will be subject to recoupment in accordance with the Company's current clawback policy (including a reacquisition right in respect of previously acquired shares of Stock or other cash or property) or any clawback policy that the Company is required to adopt pursuant to the listing standards of any national securities exchange or association on which the Company’s securities are listed or as is otherwise required by applicable law. LTIP Award 2021 Equity Incentive Plan

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Granite Construction Inc)

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Clawback/Recovery. The Award is and will be subject to recoupment in accordance with the Company's current clawback policy (including a reacquisition right in respect of previously acquired shares of Stock or other cash or property) or any clawback policy that the Company is required to adopt pursuant to the listing standards of any national securities exchange or association on which the Company’s securities are listed or as is otherwise required by applicable law. LTIP Employee Award 3 Year Vesting Schedule (with Retirement) Time-Based Vesting 2021 Equity Incentive Plan

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Granite Construction Inc)

Clawback/Recovery. The Award is and will be subject to recoupment in accordance with the Company's current clawback policy Clawback Policy (including a reacquisition right in respect of previously acquired shares of Stock or other cash or property) or any LTIP Award 2024 Equity Incentive Plan clawback policy that the Company is required to adopt pursuant to the listing standards of any national securities exchange or association on which the Company’s securities are listed or as is otherwise required by applicable law. LTIP Award 2021 Equity Incentive Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Granite Construction Inc)

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Clawback/Recovery. The Award is and will be subject to recoupment in accordance with the Company's current clawback policy Clawback Policy (including a reacquisition right in respect of previously acquired shares of Stock or other cash or property) or any clawback policy that the Company is required to adopt pursuant to the listing Employee Award 3 Year Time-Based Vesting (with Retirement) 2024 Equity Incentive Plan standards of any national securities exchange or association on which the Company’s securities are listed or as is otherwise required by applicable law. LTIP Award 2021 Equity Incentive Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Granite Construction Inc)

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