Common use of Recoupment/Clawback Clause in Contracts

Recoupment/Clawback. The Participant hereby acknowledges and agrees that in order to comply with applicable law (including, without limitation, the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act), regulatory authority, and policies of the Company, the Committee retains the right at all times to decrease or terminate all awards and payments under the Plan, and any and all amounts payable under the Plan, or paid under the Plan, shall be subject to clawback, forfeiture, and reduction to the extent determined necessary to comply with applicable law, regulatory authority, and/or policies of the Company, including as a result of risk-related events.

Appears in 10 contracts

Samples: Restricted Stock Unit Award Agreement Terms and Conditions (Citizens Financial Group Inc/Ri), Stock Unit Award Agreement Terms and Conditions (Citizens Financial Group Inc/Ri), Restricted Stock Unit Award Agreement Terms and Conditions (Citizens Financial Group Inc/Ri)

AutoNDA by SimpleDocs

Recoupment/Clawback. The Participant hereby acknowledges and agrees that in order to comply with applicable law (including, without limitation, the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act), regulatory authority, ) and policies of the Company, the Committee retains the right at all times to decrease or terminate all awards and payments under the Plan, and any and all amounts payable under the Plan, or paid under the Plan, shall be subject to clawback, forfeiture, and reduction to the extent determined necessary to comply with applicable law, regulatory authority, law and/or policies of the Company, including as a result of risk-related events.

Appears in 7 contracts

Samples: Stock Unit Award Agreement Terms and Conditions (Citizens Financial Group Inc/Ri), Award Agreement (Citizens Financial Group Inc/Ri), Stock Unit Award Agreement Terms and Conditions (Citizens Financial Group Inc/Ri)

Recoupment/Clawback. The Participant Recipient hereby acknowledges and agrees that in order to comply with applicable law (including, without limitation, the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act), regulatory authority, and policies of the Company, the Committee retains the right at all times to decrease or terminate all awards the Award and payments under the PlanAward, and any and all amounts payable under the PlanAward, or paid under the PlanAward, shall be subject to clawback, forfeiture, and reduction to the extent determined necessary to comply with applicable law, regulatory authority, and/or policies of the Company, including as a result of risk-related events.

Appears in 3 contracts

Samples: Cash Award Agreement (Citizens Financial Group Inc/Ri), Award Agreement (Citizens Financial Group Inc/Ri), Citizens Financial Group Inc/Ri

Recoupment/Clawback. The Participant Recipient hereby acknowledges and agrees that in order to comply with applicable law (including, without limitation, the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act), regulatory authority, ) and policies of the Company, the Committee retains the right at all times to decrease or terminate all awards the Award and payments under the PlanAward, and any and all amounts payable under the PlanAward, or paid under the PlanAward, shall be subject to clawback, forfeiture, and reduction to the extent determined necessary to comply with applicable law, regulatory authority, law and/or policies of the Company, including as a result of risk-related events.

Appears in 2 contracts

Samples: Award Agreement (Citizens Financial Group Inc/Ri), Citizens Financial Group Inc/Ri

AutoNDA by SimpleDocs

Recoupment/Clawback. The Participant hereby acknowledges and agrees that in order to comply with applicable law (including, without limitation, the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act), regulatory authority, and policies of the Company, the Committee retains the right at all times to decrease or terminate all awards the Award and payments under the PlanAward, and any and all amounts payable under the PlanAward, or paid under the PlanAward, shall be subject to clawback, forfeiture, and reduction to the extent determined necessary to comply with applicable law, regulatory authority, and/or policies of the Company, including as a result of risk-related events.

Appears in 2 contracts

Samples: Citizens Financial Group Inc/Ri, Citizens Financial Group Inc/Ri

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