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), 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.

Appears in 4 contracts

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

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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), 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.

Appears in 1 contract

Samples: Citizens Financial Group Inc/Ri

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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), 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, including as a result of risk-related events.

Appears in 1 contract

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

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