Fraudulent or Intentional Misconduct. If the Company determines that the Participant has engaged in fraudulent or intentional misconduct related to or materially affecting the Company’s business operations or the Participant’s duties at the Company, the Committee may, in its discretion, based on the facts and circumstances surrounding the misconduct, direct the Company to withhold issuance of all or a portion of the shares granted pursuant to this Agreement, or if shares have been issued, to recover all or a portion of the shares from the Participant.
Appears in 16 contracts
Samples: Restricted Stock Award Agreement (Virginia Electric & Power Co), Restricted Stock Award Agreement (Virginia Electric & Power Co), Restricted Stock Award Agreement (Virginia Electric & Power Co)
Fraudulent or Intentional Misconduct. If the Company determines that the Participant has engaged in fraudulent or intentional misconduct related to or materially affecting the Company’s business operations or the Participant’s duties at the Company, the Committee may, in its discretion, based on the facts and circumstances surrounding the misconduct, direct the Company to withhold issuance of all or a portion of the Goal-Based Stock shares granted pursuant to this Agreement, or if shares have been issued, to recover all or a portion of the shares from the Participant.
Appears in 6 contracts
Samples: Goal Based Stock Award Agreement (Virginia Electric & Power Co), Goal Based Stock Award Agreement (Virginia Electric & Power Co), Goal Based Stock Award Agreement (Virginia Electric & Power Co)
Fraudulent or Intentional Misconduct. If the Company determines that the Participant has engaged in fraudulent or intentional misconduct related to or materially affecting the Company’s business operations or the Participant’s duties at the Company, the Committee may, in its discretion, based on the facts and circumstances surrounding the misconduct, direct the Company to withhold issuance payment of all or a portion of the shares Performance Share Units granted pursuant to this Agreement, or if shares units have been issuedpaid, to recover all or a portion of the shares payment from the Participant.
Appears in 4 contracts
Samples: Performance Grant Agreement (Virginia Electric & Power Co), Performance Grant Agreement (Virginia Electric & Power Co), Performance Grant Agreement (Virginia Electric & Power Co)
Fraudulent or Intentional Misconduct. If the Company determines that the Participant has engaged in fraudulent or intentional misconduct related to or materially affecting the Company’s business operations or the Participant’s duties at the Company, the Committee may, in its discretion, based on the facts and circumstances surrounding the misconduct, direct the Company to withhold issuance of all or a portion of the shares Performance Shares granted pursuant to this Agreement, or if shares have been issued, to recover all or a portion of the shares from the Participant.
Appears in 3 contracts
Samples: Performance Share Award Agreement (Virginia Electric & Power Co), Performance Share Award Agreement (Virginia Electric & Power Co), Performance Share Award Agreement (Virginia Electric & Power Co)
Fraudulent or Intentional Misconduct. If the Company determines that the Participant has engaged in fraudulent or intentional misconduct related to or materially affecting the Company’s business operations or the Participant’s duties at the Company, the Committee may, in its discretion, based on the facts and circumstances surrounding the misconduct, direct the Company to withhold issuance of all or a portion of the Restricted Stock shares granted pursuant to this Agreement, or if shares have been issued, to recover all or a portion of the shares from the Participant.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Dominion Resources Inc /Va/), Restricted Stock Award Agreement (Dominion Resources Inc /Va/), Restricted Stock Award Agreement (Dominion Resources Inc /Va/)
