Common use of Recoupment of Compensation Clause in Contracts

Recoupment of Compensation. The Participant acknowledges and agrees that, if applicable, the RSUs granted hereunder shall be subject to potential forfeiture or recoupment under the existing policy on the recovery of compensation or other proceeds as adopted by the Board prior to the date hereof, as such policy may be amended from time to time.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (VEREIT Operating Partnership, L.P.), Restricted Stock Unit Award Agreement (VEREIT Operating Partnership, L.P.), Restricted Stock Unit Award Agreement (VEREIT Operating Partnership, L.P.)

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Recoupment of Compensation. The Participant acknowledges and agrees that, if applicable, the RSUs granted hereunder shall be subject to potential forfeiture or recoupment under the existing policy on the recovery of compensation or other proceeds as may be adopted by the Board prior to the date hereof, as such policy may be amended from time to time.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (VEREIT Operating Partnership, L.P.)

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