RECOVERY OF AMOUNTS PAID. The Executive acknowledges and agrees that the Executive will be subject to any other clawback policy that may be adopted by the Board during the Employment Term.
RECOVERY OF AMOUNTS PAID. The Executive acknowledges and agrees that certain items of compensation that Executive may receive during the Employment Term may be subject to recoupment in accordance with the clawback policy (e.g., “Compensation Recoupment Policy of Turtle Beach Corporation”) that the Company has adopted as required pursuant to the listing standards of any national securities exchange or association on which the Company’s securities are listed or as is otherwise required by the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act or other applicable law. In addition, the Executive acknowledges and agrees that the Board may impose such other generally applicable clawback, recovery or recoupment provisions as the Board determines necessary or appropriate, including but not limited to a reacquisition right in respect of previously acquired shares of Company securities or other cash or property. No recovery of compensation under such a clawback policy will be an event giving rise to a right of the Executive to resign for Good Reason hereunder. In addition, the Executive acknowledges that the Executive is aware of Section 304 (Forfeiture of Certain Bonuses and Profits) of the Xxxxxxxx-Xxxxx Act of 2002 and the right of the Company to be reimbursed for certain payments to the Executive in compliance therewith.
RECOVERY OF AMOUNTS PAID. The Company shall be entitled to recoupment and/or restitution of the lesser of (i) all sums paid to Fiscxxx xxxsuant to this Agreement or (ii) the amount recovered by Fiscxxx xxxm the Company, in the event that Fiscxxx (X) successfully challenges the validity of the release granted in subsection (a), or (B) breaches her covenant contained in subsection (c).
RECOVERY OF AMOUNTS PAID. Except as otherwise provided by the Administrator, Awards granted under the Plan shall be subject to any and all policies, guidelines, codes of conduct, or other agreement or arrangement adopted by the Board or Compensation Committee with respect to the recoupment, recovery or clawback of compensation (collectively, the “Recoupment Policy”) and/or to any provisions set forth in the applicable Award Agreement under which Addimmune may recover from current and former Participants any amounts paid or shares of Common Stock issued under an Award and any proceeds therefrom under such circumstances as the Administrator determines appropriate. The Administrator may apply the Recoupment Policy to Awards granted before the policy is adopted to the extent required by applicable law or rule of any securities exchange or market on which shares of Common Stock are listed or admitted for trading, as determined by the Administrator in its sole discretion.
RECOVERY OF AMOUNTS PAID. Except as otherwise provided by the Committee, awards granted under the Plan shall be subject to any and all policies, guidelines, codes of conduct, or other agreement or arrangement adopted by the Board or Compensation Committee with respect to the recoupment, recovery or clawback of compensation (collectively, the “Recoupment Policy”) and/or to any provisions set forth in the applicable award Agreement under which the Company may recover from current and former Grantees any amounts paid or shares of Common Stock issued under an award granted under the Plan and any proceeds therefrom under such circumstances as the Committee determines appropriate. The Committee may apply the Recoupment Policy to awards granted under the Plan before the policy is adopted to the extent required by applicable law or rule of any securities exchange or market on which shares of Common Stock are listed or admitted for trading, as determined by the Committee in its sole discretion.
