Common use of Forfeiture; Recovery of Compensation Clause in Contracts

Forfeiture; Recovery of Compensation. By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights (and those of any permitted transferee) under the Award or to any Stock acquired under the Award or any proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 of this Agreement.

Appears in 9 contracts

Samples: Performance Award Stock Unit Agreement (Trinseo PLC), Restricted Stock Unit Agreement (Bright Horizons Family Solutions Inc.), Restricted Stock Unit Agreement (Trinseo S.A.)

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Forfeiture; Recovery of Compensation. By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights (and those of any permitted transferee) under the Award or to any Stock acquired under the Award or any proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 12 of this Agreement.

Appears in 5 contracts

Samples: Performance Award Stock Unit Agreement (Trinseo PLC), Performance Award Stock Unit Agreement (Trinseo S.A.), Performance Award Stock Unit Agreement (Trinseo S.A.)

Forfeiture; Recovery of Compensation. By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights (rights, and those of any permitted transferee) , under the Award or to any Stock acquired under received following the vesting of the Award or any proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision)) and Section 10 of this Agreement. Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 13 of this Agreement.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Michaels Companies, Inc.), Restricted Stock Unit Agreement (Michaels Companies, Inc.), Restricted Stock Unit Agreement (Michaels Companies, Inc.)

Forfeiture; Recovery of Compensation. By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights (and those of any permitted transferee) under the Award or to any Stock acquired under the Award or any proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 of this Agreement.. ​

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Trinseo PLC), Restricted Stock Unit Agreement (Trinseo PLC), Restricted Stock Unit Agreement (Trinseo S.A.)

Forfeiture; Recovery of Compensation. By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights (and those of any permitted transferee) under the Award or to any Stock acquired under the Award or any proceeds from the disposition thereof, thereof are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 of this Agreement.. ​

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Trinseo PLC), Restricted Stock Unit Agreement (Trinseo S.A.)

Forfeiture; Recovery of Compensation. By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights (rights, and those of any permitted transferee) , under the Award or to any Stock acquired under the Award or any proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 of this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Abiomed Inc), Restricted Stock Unit Agreement (Abiomed Inc)

Forfeiture; Recovery of Compensation. By accepting the Award Award, the Grantee expressly acknowledges and agrees that his or her rights (under the Award, and those of any permitted transferee) transferee of the Award, to any Shares acquired under the Award or to any Stock acquired under the Award or any proceeds from the disposition thereof, are subject to Section 6(a)(5) Rule 6.6 of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 9 of this Agreement.

Appears in 2 contracts

Samples: Restricted Share Award Agreement (Oxford Immunotec Global PLC), Restricted Share Award Agreement (Oxford Immunotec Global PLC)

Forfeiture; Recovery of Compensation. By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights (rights, and those of any permitted transferee) , under the Award or to any Stock acquired under the Award Delivered Shares or any proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision)) and Sections 7 and 12 of this Agreement. Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 15 of this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Michaels Companies, Inc.), Employment Agreement (Michaels Companies, Inc.)

Forfeiture; Recovery of Compensation. By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights (and those of any permitted transferee) under the Award or to any Stock acquired under the Award or any proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 9 of this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Avanir Pharmaceuticals, Inc.), Restricted Stock Unit Agreement (Avanir Pharmaceuticals, Inc.)

Forfeiture; Recovery of Compensation. By accepting the Award Award, the Grantee expressly acknowledges and agrees that his or her the Grantee’s rights (and those of any permitted transferee) under the Award or to any Stock acquired under the Award or any proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Bright Horizons Family Solutions Inc.)

Forfeiture; Recovery of Compensation. By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights (and those of any permitted transferee) under the Award or to any Stock acquired under the Award or any proceeds from the disposition thereof, thereof are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Trinseo S.A.)

Forfeiture; Recovery of Compensation. By accepting the Award Award, the Grantee expressly acknowledges and agrees that his or her the Grantee’s rights (and those of any permitted transferee) under the Award or to any Stock acquired under the Award or any proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 13 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Bright Horizons Family Solutions Inc.)

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Forfeiture; Recovery of Compensation. By accepting the Award Award, the Grantee expressly acknowledges and agrees that his or her rights (and those of any permitted transferee) under the Award or to any Stock acquired under the Award or any proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision)) and Section 10 of this Agreement. Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 12 of this Agreement.

Appears in 1 contract

Samples: Long Term Cash Incentive Award Agreement (Michaels Companies, Inc.)

Forfeiture; Recovery of Compensation. By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights (and those of any permitted transferee) under the Award or to any Stock acquired under the Award or any proceeds from the disposition thereof, thereof are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 10 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Trinseo S.A.)

Forfeiture; Recovery of Compensation. By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights (rights, and those of any permitted transferee) , under the Award or to any Stock acquired under received following the vesting of the Award or any proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 12 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Michaels Companies, Inc.)

Forfeiture; Recovery of Compensation. By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights (and those of any permitted transferee) under the Award or to any Stock acquired under the Award or any proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 10 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Bright Horizons Family Solutions Inc.)

Forfeiture; Recovery of Compensation. By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights (and those of any permitted transferee) under the Award or to any Stock acquired under the Award or any proceeds from the disposition thereof, thereof are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 9 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Planet Fitness, Inc.)

Forfeiture; Recovery of Compensation. By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights (and those of any permitted transferee) under the Award or to any Stock acquired under the Award or any proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 of this Agreement.. ​ ​ ​

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Trinseo PLC)

Forfeiture; Recovery of Compensation. By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights (rights, and those of any permitted transferee) , under the Award or to any Stock acquired under the Award or any proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 11 10 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Abiomed Inc)

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