Common use of Recoupment and Forfeiture Clause in Contracts

Recoupment and Forfeiture. As a condition to receiving the Award, the Participant agrees that he shall abide by the Company’s Compensation Recoupment Policy and Stock Ownership and Retention Policy (including but not limited to such policy’s stock retention requirements) and/or other policies adopted by the Company or an Affiliate, each as in effect from time to time and to the extent applicable to the Participant. Further, the Participant shall be subject to such compensation recovery, recoupment, forfeiture or other similar provisions as may apply under Applicable Law.

Appears in 7 contracts

Samples: Restricted Stock Award Agreement, Restricted Stock Award Agreement (Regional Management Corp.), Performance Contingent Restricted Stock Unit Award Agreement (Regional Management Corp.)

AutoNDA by SimpleDocs

Recoupment and Forfeiture. As a condition to receiving the this Award, the Participant agrees that he shall abide by all provisions of any equity retention policy, compensation recovery policy, stock ownership guidelines and/or other similar policies maintained by the Company’s Compensation Recoupment Policy and Stock Ownership and Retention Policy (including but not limited to such policy’s stock retention requirements) and/or other policies adopted by the Company or an Affiliate, each as in effect from time to time and to the extent applicable to the ParticipantParticipant from time to time. FurtherIn addition, the Participant shall be subject to such compensation recovery, recoupment, forfeiture or other similar provisions as may apply at any time to the Participant under Applicable Lawapplicable laws, rules or regulations.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (Regional Management Corp.), Cash Settled Performance Share Award Agreement (Regional Management Corp.), Restricted Stock Award Agreement (Regional Management Corp.)

Recoupment and Forfeiture. As a condition to receiving the Award, the Participant agrees that he shall abide by the Company’s Compensation Recoupment Recovery Policy and Stock Ownership and Retention Policy (including but not limited to such policy’s stock retention requirements) and/or other policies adopted by the Company or an Affiliate, each as in effect from time to time and to the extent applicable to the Participant. Further, the Participant shall be subject to such compensation recovery, recoupment, forfeiture or other similar provisions as may apply under Applicable Law.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Regional Management Corp.), Cash Settled Performance Unit Award Agreement (Regional Management Corp.), Performance Contingent Restricted Stock Unit Award Agreement (Regional Management Corp.)

Recoupment and Forfeiture. As a condition to receiving the Award, the Participant agrees that he shall or she will abide by the Company’s Compensation Recoupment Policy Director and Executive Stock Ownership and Equity Retention Guidelines and Clawback Policy (including but not limited to such policy’s stock retention requirements) and/or other policies adopted by the Company or an Affiliate, each as in effect from time to time and to the extent applicable to the Participant. Further, the Participant shall will be subject to such compensation recovery, recoupment, forfeiture or other similar provisions as may apply under Applicable Law.

Appears in 2 contracts

Samples: Non Employee Director Restricted Stock Unit Agreement (Vulcan Materials CO), Non Employee Director Deferred Stock Unit Agreement (Vulcan Materials CO)

AutoNDA by SimpleDocs

Recoupment and Forfeiture. As a condition to receiving the AwardOption, the Participant agrees that he shall abide by the Company’s Compensation Recoupment Policy and Stock Ownership and Retention Policy (including but not limited to such policy’s stock retention requirements) and/or other policies adopted by the Company or an Affiliate, each as in effect from time to time and to the extent applicable to the Participant. Further, the Participant shall be subject to such compensation recovery, recoupment, forfeiture or other similar provisions as may apply under Applicable Law.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Regional Management Corp.)

Recoupment and Forfeiture. As a condition to receiving the AwardOption, the Participant agrees that he shall abide by the Company’s Compensation Recoupment Recovery Policy and Stock Ownership and Retention Policy (including but not limited to such policy’s stock retention requirements) and/or other policies adopted by the Company or an Affiliate, each as in effect from time to time and to the extent applicable to the Participant. Further, the Participant shall be subject to such compensation recovery, recoupment, forfeiture or other similar provisions as may apply under Applicable Law.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Regional Management Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!