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 Award at any time if the Grantee is not in compliance with all applicable provisions of this Agreement and the Plan. (b) By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights, and those of any permitted transferee of the Award, under the Award to any Stock acquired under the Award or 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 10 of this Agreement.

Appears in 12 contracts

Samples: Restricted Stock Unit Agreement (Ultragenyx Pharmaceutical Inc.), Restricted Stock Unit Agreement (Ultragenyx Pharmaceutical Inc.), Performance Stock Unit 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 this Award at any time if the Grantee is not in compliance with all applicable provisions of this Agreement and the Plan. (b) . By accepting the Award this Award, the Grantee expressly acknowledges and agrees that his or her rights, and those of any permitted transferee of the this Award, under this Award, including the Award right to any Common Stock acquired under the this Award or proceeds from the disposition thereof, are subject to Section 6(a)(58(f) of the Plan (including any successor provision). Nothing in the preceding sentence shall may be construed as limiting the general application of Section 10 of this Agreement.

Appears in 3 contracts

Samples: Global Restricted Stock Unit Award Agreement (Novavax Inc), Restricted Stock Unit Award Agreement (Novavax Inc), Restricted Stock Unit Award Agreement (Novavax Inc)

Forfeiture; Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Award at any time if the Grantee is not in compliance with all applicable provisions of this the Agreement and the Plan. (b) By accepting the Award Award, the Grantee expressly acknowledges and agrees that his or her rights, rights (and those of any permitted transferee of transferee) under the Award, under the Award including to any Stock Shares 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 10 9 of this Agreement.

Appears in 2 contracts

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

Forfeiture; Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Award at any time if the Grantee is not in compliance with all applicable provisions of this the Agreement and the Plan. (b) By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights, rights (and those of any permitted transferee of transferee) under the Award, under the Award to including any Stock Shares 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 10 9 of this Agreement.

Appears in 2 contracts

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

Forfeiture; Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Award at any time if the Grantee is not in compliance with all applicable provisions of this Agreement and the Plan. (b) By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights, rights (and those of any permitted transferee of the Award, ) under the Award 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 10 of this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Arrowhead Research Corp), Restricted Stock Unit Agreement (Arrowhead Research Corp)

Forfeiture; Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Award at any time if the Grantee is not in compliance with all applicable provisions of this Agreement and the Plan. (b) By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights, and those of any permitted transferee of the Award, under the Award to any Stock acquired under the Award or proceeds from the disposition thereof, are subject to Section 6(a)(56(a)(v) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 10 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit 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 Award at any time if the Grantee is not in compliance with all applicable provisions of this Agreement and the Plan. (b) By accepting the Award the Grantee expressly acknowledges and agrees that his or her rights, and those of any permitted transferee of the Award, under the Award to any Stock acquired under the Award or 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 10 of this Agreementhereof.

Appears in 1 contract

Samples: Performance Stock Unit Agreement (Ultragenyx Pharmaceutical Inc.)

Forfeiture; Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Award at any time if the Grantee is not in compliance with all applicable provisions of this the Agreement and the Plan. (b) By accepting the Award Award, the Grantee expressly acknowledges and agrees that his or her rights, rights (and those of any permitted transferee of transferee) under the Award, under the Award to including any Stock Shares 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 10 9 of this Agreement.

Appears in 1 contract

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

Forfeiture; Recovery of Compensation. (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the this Award at any time if the Grantee is not in compliance with all applicable provisions of this Agreement and the Plan. (b) . By accepting the Award this Award, the Grantee expressly acknowledges and agrees that his or her rights, and those of any permitted transferee of the this Award, under this Award, including the Award right to any Common Stock acquired under the this Award or proceeds from the disposition thereof, are subject to Section 6(a)(57(e) of the Plan (including any successor provision). Nothing in the preceding sentence shall may be construed as limiting the general application of Section 10 of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Novavax Inc)

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