Common use of Recoupment/Clawback Clause in Contracts

Recoupment/Clawback. Any grant of Performance Units under this Agreement or any other award granted or paid to the Participant under the Company’s Amended and Restated 2008 Incentive Compensation Plan, whether in the form of stock options, stock appreciation rights, restricted stock, performance units, performance units, stock or cash, is subject to recoupment or “clawback” by the Company in accordance with the Company’s Bonus Recoupment/Clawback Policy, as may be amended from time to time. This Section, “Recoupment/Clawback,” shall survive termination of this Agreement.

Appears in 11 contracts

Samples: Old National Bancorp (Old National Bancorp /In/), Old National Bancorp (Old National Bancorp /In/), Old National Bancorp (Old National Bancorp /In/)

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Recoupment/Clawback. Any grant of Performance Units Shares under this Agreement or any other award granted or paid to the Participant under the Company’s Amended and Restated 2008 Incentive Compensation Plan, whether in the form of stock options, stock appreciation rights, restricted stock, performance units, performance unitsshares, stock or cash, is subject to recoupment or “clawback” by the Company in accordance with the Company’s Bonus Recoupment/Clawback Policy, as may be amended from time to time. This Section, “Recoupment/Clawback,” shall survive termination of this Agreement.

Appears in 6 contracts

Samples: Performance Share Award Agreement (Old National Bancorp /In/), Performance Share Award Agreement (Old National Bancorp /In/), Compensation Plan Performance Share Award Agreement (Old National Bancorp /In/)

Recoupment/Clawback. Any grant of Performance Units under this Agreement or any other award granted or paid to the Participant under the Company’s Amended and Restated 2008 Incentive Compensation Plan, whether in the form of stock options, stock appreciation rights, restricted stock, performance units, performance units, stock units or cashstock, is subject to recoupment or “clawback” by the Company in accordance with the Company’s Bonus Recoupment/Clawback Policy, as may be amended from time to timeapplicable law. This Section, “Recoupment/Clawback,” shall survive termination of this Agreement.

Appears in 1 contract

Samples: 2015 Incentive Compensation Plan (Citizens First Corp)

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Recoupment/Clawback. Any grant of Performance Units Shares under this Agreement or any other award granted or paid to the Participant under the Company’s Amended and Restated 2008 Incentive Compensation Plan, whether in the form of stock options, stock appreciation rights, restricted stock, performance units, performance unitsshares, stock or cash, is subject to recoupment or “clawback” by the Company in accordance with the Company’s Bonus Recoupment/Clawback Policy, as may be amended from time to time. This Section, “Recoupment/Clawback,” shall survive termination of this Agreement.

Appears in 1 contract

Samples: Old National Bancorp (Old National Bancorp /In/)

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