Common use of Clawback/Repayment Clause in Contracts

Clawback/Repayment. Notwithstanding anything to the contrary contained herein, in consideration of the grant of this Award, you agree that you are a Covered Employee under the AIG Clawback Policy with respect to this Award and any payments hereunder and, accordingly, this Award and any payments hereunder will be subject to forfeiture and/or repayment to the extent provided for in the AIG Clawback Policy, as in effect from time to time if it is determined that a Covered Event (as defined in such Policy) has occurred. With respect to this Award and any payments hereunder, each of the following events is a “Covered Event” for purposes of the Policy:

Appears in 11 contracts

Samples: Lti Award Agreement (Corebridge Financial, Inc.), Lti Award Agreement (Corebridge Financial, Inc.), Lti Award Agreement (Corebridge Financial, Inc.)

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Clawback/Repayment. Notwithstanding anything to the contrary contained herein, in consideration of the grant of this Award, you agree that you are a Covered Employee under the AIG Clawback Policy with respect to this Award and any payments hereunder and, accordingly, this Award and any payments hereunder will be subject to forfeiture and/or repayment to the extent provided for in the AIG Clawback Policy, as in effect from time to time time, if it is determined that a Covered Event (as defined in such Policy) has occurred. With respect to this Award and any payments hereunder, each of the following events is a “Covered Event” for purposes of the Policy:

Appears in 2 contracts

Samples: Lti Stock Option Award Agreement (Corebridge Financial, Inc.), Award Agreement (American International Group Inc)

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