Common use of Forfeiture of Awards Clause in Contracts

Forfeiture of Awards. The Options granted hereunder (and gains earned or accrued in connection therewith) shall be subject to such generally applicable policies as to forfeiture and recoupment (including, without limitation, upon the occurrence of material financial or accounting errors, financial or other misconduct or Competitive Activity) as may be adopted by the Administrator or the Board from time to time and communicated to the Employee or as required by applicable law, and are otherwise subject to forfeiture or disgorgement of profits as provided by the Plan.

Appears in 12 contracts

Samples: Employee Stock Option Agreement (Univar Solutions Inc.), Employee Stock Option Agreement (Univar Inc.), Stock Option Agreement (Equitable Holdings, Inc.)

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Forfeiture of Awards. The Options granted hereunder (and gains earned or accrued in connection therewith) shall be subject to such generally applicable policies as to forfeiture and recoupment (including, without limitation, upon the occurrence of material financial or accounting errors, financial or other misconduct or Competitive Activity) as may be adopted by the Administrator or the Board from time to time and communicated to the Employee or as required by applicable lawEmployee, and are otherwise subject to forfeiture or disgorgement of profits as provided by the Plan.

Appears in 3 contracts

Samples: Employee Stock Option Agreement (Envision Healthcare Holdings, Inc.), Employee Stock Option Agreement (Envision Healthcare Holdings, Inc.), Form of Employee Stock Option Agreement (Envision Healthcare Holdings, Inc.)

Forfeiture of Awards. The Options granted hereunder (and gains earned or accrued in connection therewith) shall be subject to such generally applicable policies as to forfeiture and recoupment (including, without limitation, upon the occurrence of material financial or accounting errors, financial or other misconduct or Competitive Activity, including a material breach of Exhibit B hereto) as may be adopted by the Administrator or the Board from time to time and communicated to the Employee Participant or as required by applicable law, and are otherwise subject to forfeiture or disgorgement of profits as provided by the Plan.

Appears in 3 contracts

Samples: Employment Agreement (Core & Main, Inc.), Participant Stock Option Agreement (Core & Main, Inc.), Participant Stock Option Agreement (Core & Main, Inc.)

Forfeiture of Awards. The Options granted hereunder (and gains earned or accrued in connection therewith) shall be subject to such generally applicable policies as to forfeiture and recoupment (including, without limitation, upon the occurrence of material financial or accounting errors, financial or other misconduct or Competitive Activity, including a material breach of Exhibit B hereto) as may be adopted by the Administrator or the Board from time to time and communicated to the Employee or as required by applicable law, and are otherwise subject to forfeiture or disgorgement of profits as provided by the Plan.

Appears in 1 contract

Samples: Employee Stock Option Agreement (Agilon Health, Inc.)

Forfeiture of Awards. The Options granted hereunder (and gains earned or accrued in connection therewith) shall be subject to such generally applicable policies as to forfeiture and recoupment (including, without limitation, upon the occurrence of material financial or accounting errors, financial or other misconduct or Competitive Activity) as may be adopted by the Administrator Committee or the Board from time to time and communicated to the Employee or as required by applicable law, and are otherwise subject to forfeiture or disgorgement of profits as provided by the Plan.

Appears in 1 contract

Samples: Employee Stock Option Agreement (Univar Solutions Inc.)

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Forfeiture of Awards. The Options granted hereunder (and gains earned or accrued in connection therewith) shall be subject to such generally applicable policies as to forfeiture and recoupment (including, without limitation, upon the occurrence of material financial or accounting errors, financial or other misconduct or Competitive Activity) as may be adopted by the Administrator or the Board from time to time and communicated to the Employee or as required by applicable lawEmployee, and are is otherwise subject to forfeiture or disgorgement of profits as provided by the Plan.

Appears in 1 contract

Samples: Employee Stock Option Agreement (Hd Supply, Inc.)

Forfeiture of Awards. The Options granted hereunder (and gains earned or accrued in connection therewith) shall be subject to such generally applicable policies as to forfeiture and recoupment (including, without limitation, upon the occurrence of material financial or accounting errors, financial or other misconduct or Competitive Activity) as may be adopted by the Administrator or the Board from time to time and communicated to the Employee or as required by applicable lawExecutive, and are is otherwise subject to forfeiture or disgorgement of profits as provided by the Plan.

Appears in 1 contract

Samples: Employee Stock Option Agreement (HD Supply Holdings, Inc.)

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