Common use of Financial Restatements Clause in Contracts

Financial Restatements. In the event that the Participant commits misconduct, fraud or gross negligence (whether or not such misconduct, fraud or gross negligence is deemed or could be deemed to be an event constituting Cause) and as a result of, or in connection with, such misconduct, fraud or gross negligence, the Company restates any of its financial statements, then the Committee may require any or all of the following:

Appears in 5 contracts

Samples: Employee Stock Option Agreement (Hertz Corp), Employee Stock Option Agreement (Hertz Corp), Employee Stock Option Agreement (Hertz Corp)

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Financial Restatements. In the event that the Participant Employee commits misconduct, fraud or gross negligence (whether or not such misconduct, fraud or gross negligence is deemed or could be deemed to be an event constituting Cause) and as a result of, or in connection with, such misconduct, fraud or gross negligence, negligence the Company restates any of its financial statements, then the Committee may require any or all of the following:

Appears in 1 contract

Samples: Employee Stock Option Agreement (Hertz Corp)

Financial Restatements. In the event that the Participant commits misconduct, fraud or gross negligence (whether or not such misconduct, fraud or gross negligence is deemed or could be deemed to be an event constituting Cause) and as a result of, or in connection with, such misconduct, fraud or gross negligence, negligence the Company restates any of its financial statements, then the Committee may require any or all of the following:

Appears in 1 contract

Samples: Employee Stock Option Agreement (Hertz Corp)

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Financial Restatements. In the event that the Participant commits misconduct, fraud or gross negligence (whether or not such misconduct, fraud or gross negligence is deemed or could be deemed to be an event constituting Cause) and as a result of, or in connection with, such misconduct, fraud or gross negligence, negligence the Company restates any of its financial statements, then the Committee may require any or all of the following:.

Appears in 1 contract

Samples: Employee Stock Option Agreement (Hertz Corp)

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