Common use of Compliance with Board Policies Clause in Contracts

Compliance with Board Policies. (a) The Executive shall be required to build a holding of shares of Signet common stock (“Shares”) equal to a specified level as set by the Board from time to time (the “Share Ownership Requirement”) pursuant to the terms of any stock ownership policy or guidelines approved by the Board or a committee of the Board and provided to the Executive. The Share Ownership Requirement shall be required for so long as the Executive is an executive officer of the Signet Group. (b) The Executive shall be subject to the written policies of the Board applicable to executives, including without limitation any Board policy relating to claw back of compensation, as they exist from time to time during the Executive’s employment with the Company or any of its affiliates.

Appears in 4 contracts

Samples: Termination Protection Agreement (Signet Jewelers LTD), Termination Protection Agreement (Signet Jewelers LTD), Termination Protection Agreement (Signet Jewelers LTD)

AutoNDA by SimpleDocs

Compliance with Board Policies. (a) The Executive shall be required to build a holding of shares of Signet common stock (“Shares”) equal to a specified level as set by the Board from time to time (the “Share Ownership Requirement”) pursuant to the terms of any stock ownership policy or guidelines approved by the Board or a committee of the Board and provided to the Executive. The Share Ownership Requirement shall be required for so long as the Executive is an executive a senior officer of the Signet Group. (b) The Executive shall be subject to the written policies of the Board applicable to executivessenior officers, including without limitation any Board policy relating to claw back of compensation, as they exist from time to time during the Executive’s employment with the Company or any of its affiliates.

Appears in 4 contracts

Samples: Termination Protection Agreement (Signet Jewelers LTD), Termination Protection Agreement (Signet Jewelers LTD), Termination Protection Agreement (Signet Jewelers LTD)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!