Recoupment Policies Clause Samples
Recoupment Policies. Notwithstanding anything in the Plan to the contrary, the Company will be entitled, to the extent permitted or required by the Warrior Met Coal, Inc. Incentive Recoupment Policy, applicable law (including Section 409A) and/or the requirements of an exchange on which the Company’s shares are listed for trading, in each case, as in effect from time to time, to recoup compensation of whatever kind paid by the Company or any of its Affiliates at any time to a Participant under the Plan, including this Award, and the Participant, by accepting this Award pursuant to the Plan and this Agreement, agrees to comply with any Company request or demand for such recoupment.
Recoupment Policies. Notwithstanding any provision of this Agreement to the contrary, the Committee may cause the Employee to forfeit all RSUs and require repayment of any amount previously paid under this Agreement in accordance with the terms of the Huntington Bancshares Incorporated Recoupment Policy, the Huntington Bancshares Incorporated Financial Restatement Compensation Recoupment Policy, and any other applicable policy of the Company, and any other applicable laws and regulations (the “Policies”). The Policies are available on the Risk Management and Corporate Policy home page of the Huntington intranet.
Recoupment Policies. The RSUs are subject to the terms and conditions of the Company’s Compensation Recoupment Policy (as amended from time to time, the “Recoupment Policy”) and the Company’s Policy for Recovery of Erroneously Awarded Compensation (as amended from time to time, the “Erroneously Awarded Compensation Policy”). The Recoupment Policy provides for determinations by the Board that, as a result of, in whole or in part, fraud, intentional misconduct, or illegal behavior by the Executive, the Company’s financial results were restated or materially misstated. The Erroneously Awarded Compensation Policy applies to current and former officers of the Company, as defined in Rule 10D-1(d) of the Securities Exchange Act of 1934, as amended, and provides for recoupment of erroneously awarded compensation as a result of certain financial restatements. In the event recoupment related to the RSUs is triggered by the applicable policy, the Board may require, among other things (i) cancellation of any outstanding RSUs; and/or (ii) reimbursement of any cash payment in respect of the RSUs or gains in respect of the shares issued, if and to the extent determined by the administrator under the applicable policy. Any determination made by the applicable policy administrator shall be binding upon the Executive. The policies are in addition to any other remedies which may be otherwise available at law, or in equity to the Company.
Recoupment Policies. Any compensation or award received by Executive from Employer (whether pursuant to this Agreement or otherwise) shall be subject to Employer’s recoupment , clawback or similar policy as enacted by the Compensation Committee or Board and in effect from time to time, as well as any similar provisions of applicable law, any of which could in certain circumstances require repayment or forfeiture of any compensation or awards received by Executive from Employer.
Recoupment Policies. The RSUs are subject to the terms and conditions of the Company’s Compensation Recoupment Policy (as amended from time to time, the “Recoupment Policy”) and any other recoupment policy as may be required by applicable law, rule or regulation. The Recoupment Policy provides for determinations by the Board that, as a result of, in whole or in part, fraud, intentional misconduct, or illegal behavior by the Executive, the Company’s financial results were restated or materially misstated (a “Policy Restatement”). In the event of a Policy Restatement, the Board may require, among other things (i) cancellation of any outstanding RSUs; and/or (ii) reimbursement of any cash payment in respect of the RSUs or gains in respect of the shares issued, if and to the extent determined by Board under the Recoupment Policy. Any determination made by the Board shall be binding upon the Executive. The Recoupment Policy is in addition to any other remedies which may be otherwise available at law, or in equity to the Company.
Recoupment Policies