Clawback Rules and Policy Sample Clauses

Clawback Rules and Policy. Notwithstanding anything else contained in this Agreement to the contrary, this Agreement and all forms of compensation referred to in this Agreement are subject to the Company’s clawback policy, as well as the “clawback” provisions of applicable law, rules and regulations, as each may be adopted and in effect from time to time (collectively, the “Clawback Policy”). Pursuant to the Clawback Policy, the Company may recoup payments under this Agreement to the extent that any such payments were based on incorrect financial results that require a restatement of the Company’s financial statements from senior level employees whose fraud or misconduct was a material contributing factor to the financial restatement. The provisions of the Clawback Policy are in addition to (and not in lieu of) any rights to repayment the Company may have under Section 304 of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 and other applicable laws.