Common use of Recovery of Compensation Clause in Contracts

Recovery of Compensation. The Stock Options, any shares of Stock delivered hereunder and any gains or other amounts realized in respect of such Stock Options or shares of Stock shall be subject to recoupment by the Company to the extent required to comply with (a) applicable law or regulation or the rules of the stock exchange on which the Stock is traded or (b) any applicable Company clawback or recoupment policy as in effect from time to time.

Appears in 3 contracts

Samples: Stock Option Agreement (Cubist Pharmaceuticals Inc), Stock Option Agreement (Cubist Pharmaceuticals Inc), Stock Option Agreement (Cubist Pharmaceuticals Inc)

AutoNDA by SimpleDocs

Recovery of Compensation. The Stock OptionsOption, any shares of Stock issued or delivered hereunder and any gains realized or other amounts realized in respect of such Stock Options or shares of Stock shall the Option will be subject to recoupment by the Company to the extent required to comply with (a) applicable law or regulation or the rules of the stock exchange on which the Company’s Stock is traded or (b) any applicable Company clawback or recoupment policy as in effect from time to timetraded.

Appears in 2 contracts

Samples: Nonqualified Stock Option Award Agreement (Green Mountain Coffee Roasters Inc), Nonqualified Stock Option Award Agreement (Green Mountain Coffee Roasters Inc)

AutoNDA by SimpleDocs

Recovery of Compensation. The Stock OptionsOption, any shares of Stock Shares issued or delivered hereunder and any gains realized or other amounts realized in respect of such Stock Options or shares of Stock shall the Option will be subject to recoupment by the Company to the extent required to comply with (a) applicable law laws, rules or regulation or regulations, the rules of the stock exchange on which the Stock is traded or (b) and/or any applicable Company clawback or recoupment policy policy, as may be in effect and amended, from time to time.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Green Mountain Coffee Roasters Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.