Common use of Recoupment Provision Clause in Contracts

Recoupment Provision. In the event of a restatement of the Company’s consolidated financial statements that is caused, in whole or in part, by the intentional misconduct of the Executive, the Company may take one or more of the following actions with respect to the Award, as determined by the Compensation Committee of the Board (the “Compensation Committee”) in its sole discretion, and the Executive shall be bound by such determination:

Appears in 17 contracts

Samples: Restricted Stock Unit Agreement (Target Corp), Performance Share Unit Agreement (Target Corp), Performance Share Unit Agreement (Target Corp)

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Recoupment Provision. In the event of a restatement of the Company’s consolidated financial statements that is caused, in whole or in part, by the intentional misconduct of the Executive, the Company may take one or more of the following actions with respect to the AwardOption, as determined by the Compensation Committee of the Board (the “Compensation Committee”) in its sole discretion, and the Executive shall be bound by such determination:

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Target Corp), Non Qualified Stock Option Agreement (Target Corp), Non Qualified Stock Option Agreement (Target Corp)

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Recoupment Provision. In the event of a restatement of the Company’s consolidated financial statements that is caused, in whole or in part, by the intentional misconduct of the Executive, the Company may take one or more of the following actions with respect to the Award, as determined by the Compensation Committee of the Board (the “Compensation Committee”) in its sole discretion, and the Executive shall be bound by such determination:the

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Target Corp)

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