Common use of Forfeiture; Recovery of Compensation Clause in Contracts

Forfeiture; Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Stock Option at any time if the Optionee is not in compliance with all applicable provisions of this Agreement and the Plan.

Appears in 38 contracts

Samples: Equity Incentive Plan (Acceleron Pharma Inc), Non Statutory Stock Option Agreement (Acceleron Pharma Inc), Stock Option Agreement (Ultragenyx Pharmaceutical Inc.)

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Forfeiture; Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Stock Option at any time if the Optionee is not in compliance with all applicable provisions of this Agreement and the Plan.

Appears in 7 contracts

Samples: Stock Option Agreement (Novavax Inc), Novavax Inc, Novavax Inc

Forfeiture; Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Stock Option at any time if the Optionee is not in compliance with all applicable provisions of this Agreement and the Plan, or if the Optionee breaches any agreement with the Company or its subsidiaries with respect to non-competition, non-solicitation, invention assignment or confidentiality, including, but not limited to, any employment agreement or offer letter with the Company or the Company’s standard Employee Agreement (Confidentiality, Non-Solicitation, Non-Competition and Developments Agreement).

Appears in 3 contracts

Samples: Stock Option Agreement (Akebia Therapeutics, Inc.), Non Statutory Stock Option Agreement (Akebia Therapeutics, Inc.), Non Statutory Stock Option Agreement (Akebia Therapeutics, Inc.)

Forfeiture; Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Stock Option at any time if the Optionee Participant is not in compliance with all applicable provisions of this Agreement and the Plan.

Appears in 3 contracts

Samples: Letter Agreement (Cyclerion Therapeutics, Inc.), Stock Option Agreement (Cyclerion Therapeutics, Inc.), Ironwood Pharmaceuticals Inc

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Forfeiture; Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Stock Option at any time if the Optionee is not in compliance with all applicable provisions of this Agreement and the Plan, or if the Optionee breaches any agreement with the Company or its subsidiaries with respect to non-competition, non-solicitation, invention assignment or confidentiality.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Akebia Therapeutics, Inc.)

Forfeiture; Recovery of Compensation. (a) a. The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Stock Option at any time if the Optionee is not in compliance with all applicable provisions of this Agreement and the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Planet Fitness, Inc.)

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