Common use of Recoupment Provision Clause in Contracts

Recoupment Provision. In the event of intentional misconduct of the Team Member that causes the Company material financial or material reputational harm, or contributes to a restatement of the Company’s consolidated financial statements, the Company may take one or more of the following actions with respect to the Award, as determined by the Human Resources & Compensation Committee of the Board in its sole discretion, and the Team Member shall be bound by such determination:

Appears in 9 contracts

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

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Recoupment Provision. In the event of intentional misconduct of the Team Member that causes the Company material financial or material reputational harm, or contributes to a restatement of the Company’s consolidated financial statements, the Company may take one or more of the following actions with respect to the Award, as determined by the Human Resources & Compensation Committee of the Board in its sole discretion, and the Team Member shall be bound by such determination:

Appears in 2 contracts

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

Recoupment Provision. In the event of intentional misconduct of the Team Member that causes the Company material financial or material reputational harm, or contributes to a restatement of the Company’s consolidated financial statementsstatements that is caused, in whole or in part, by the intentional misconduct of the Team Member, the Company may take one or more of the following actions with respect to the Award, as determined by the Human Resources & Compensation Committee of the Board in its sole discretion, and the Team Member shall be bound by such determination:

Appears in 2 contracts

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

Recoupment Provision. In the event of intentional misconduct of the Team Member that causes the Company material financial or material reputational harm, or contributes to a restatement of the Company’s consolidated financial statements, the Company may take one or more of the following actions with respect to the Award, as determined by the Compensation & Human Resources & Compensation Capital Management Committee of the Board in its sole discretion, and the Team Member shall be bound by such determination:

Appears in 2 contracts

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

Recoupment Provision. In Unless otherwise required by the Company’s then-effective Recoupment Policy, in the event of intentional misconduct of the Team Member that causes the Company material financial or material reputational harm, or contributes to a restatement of the Company’s consolidated financial statements, the Company may take one or more of the following actions with respect to the Award, as determined by the Human Resources & Compensation Committee of the Board in its sole discretion, and the Team Member shall be bound by such determination:Compensation

Appears in 2 contracts

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

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

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Target Corp)

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

Appears in 1 contract

Samples: Price Vested Stock Option Agreement (Target Corp)

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