Common use of Clawback Right Clause in Contracts

Clawback Right. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation paid to Executive pursuant to this Agreement or any other agreement or arrangement with Company that is subject to recovery under any law, government regulation, stock exchange listing requirement or Company policy approved by the Board and notified to the Executive, will be subject to such deductions and clawback as may be required to be made pursuant to such law, government regulation, stock exchange listing requirement or Company policy.

Appears in 9 contracts

Samples: Employment Agreement (Enstar Group LTD), Employment Agreement (Enstar Group LTD), Employment Agreement (Enstar Group LTD)

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Clawback Right. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation paid to Executive pursuant to this Agreement or any other agreement or arrangement with the Company or Enstar that is subject to recovery under any law, government regulation, stock exchange listing requirement requirement, or Company Enstar policy approved by the Board Enstar or Company board and notified to the Executive, will be subject to such deductions and clawback as may be required to be made pursuant to such law, government regulation, stock exchange listing requirement requirement, or Company Enstar policy.

Appears in 3 contracts

Samples: Employment Agreement (Enstar Group LTD), Employment Agreement (Enstar Group LTD), Employment Agreement (Enstar Group LTD)

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Clawback Right. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation paid to Executive pursuant to this Agreement or any other agreement or arrangement with the Company that is subject to recovery under any law, government regulation, stock exchange listing requirement or the Company policy approved by the Board and notified to the Executive, will be subject to such deductions and clawback as may be required to be made pursuant to such law, government regulation, stock exchange listing requirement or the Company policy.

Appears in 1 contract

Samples: Employment Agreement (Enstar Group LTD)

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