Common use of Possible Recoupment of Certain Compensation Clause in Contracts

Possible Recoupment of Certain Compensation. Notwithstanding any other provision in this Agreement to the contrary, Executive shall be subject to the written policies of the Company’s Board of Directors (the “Board”) as well as laws and regulations applicable to executives of the Company, including without limitation the Thermon Group Holdings, Inc. Policy on Recoupment of Incentive Compensation and rules adopted pursuant to the Xxxx-Xxxxx Act, and any other Board policy, law or regulation relating to recoupment or “clawback” of compensation that may exist from time to time during Executive’s employment by the Company and thereafter.

Appears in 2 contracts

Samples: Transition and Consulting Agreement and General Release (Thermon Group Holdings, Inc.), Transition and Consulting Agreement and General Release (Thermon Group Holdings, Inc.)

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Possible Recoupment of Certain Compensation. Notwithstanding any other provision in this Agreement to the contrary, Executive shall be subject to the written policies of the Company’s Board of Directors (the “Board”) as well as laws and regulations applicable to executives of the CompanyCompany and its affiliates, including without limitation the Thermon Group Holdings, DaVita HealthCare Partners Inc. Policy on Recoupment of Incentive Compensation Clawback Policy approved by the Board of Directors on December 4, 2014 and rules adopted pursuant to the Xxxx-Xxxxx Act, and any other Board policy, law or regulation relating to recoupment or “clawback” of compensation that may exist from time to time during Executive’s employment by the Company and its affiliates and thereafter.

Appears in 1 contract

Samples: Employment Agreement (Davita Inc.)

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Possible Recoupment of Certain Compensation. Notwithstanding any other provision in this Agreement to the contrary, Executive shall be subject to the written policies of the Company’s Board of Directors (the “Board”) as well as laws and regulations applicable to executives of the Company, including without limitation the Thermon Group Holdings, DaVita HealthCare Partners Inc. Policy on Recoupment of Incentive Compensation Clawback Policy approved by the Board of Directors on December 4, 2014 and rules adopted pursuant to the Xxxx-Xxxxx Act, and any other Board policy, law or regulation relating to recoupment or “clawback” of compensation that may exist from time to time during the Executive’s employment by the Company and thereafter.

Appears in 1 contract

Samples: Transition Agreement (Davita Inc.)

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