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Common use of Recovery of Erroneously Awarded Compensation Clause in Contracts

Recovery of Erroneously Awarded Compensation. If the Grantee is now or hereafter become subject to any policy providing for the recovery of Awards, Shares, Stock Units, proceeds or payments to the Grantee in the event of fraud or other circumstances, then this Award, the Stock Units, and any Shares issuable upon the settlement of this Awards or proceeds therefrom, are subject to potential recovery by the Company under the circumstances provided under such policy as may be in effect from time to time.

Appears in 4 contracts

Samples: 2024 Long Term Incentive Award (Essex Portfolio Lp), Long Term Incentive Award Agreement (Essex Portfolio Lp), Long Term Incentive Award Agreement (Essex Portfolio Lp)

Recovery of Erroneously Awarded Compensation. If the Grantee is now or hereafter become becomes subject to any policy providing for the recovery of Awards, Shares, Stock Units, proceeds or payments to the Grantee in the event of fraud or other circumstances, then this Award, the Stock Units, and any Shares issuable upon the settlement exercise of this Awards the Option or proceeds therefrom, are subject to potential recovery by the Company under the circumstances provided under such policy as may be in effect from time to time.

Appears in 3 contracts

Samples: Long Term Incentive Award Agreement (Essex Portfolio Lp), Long Term Incentive Award Agreement (Essex Portfolio Lp), 2018 Long Term Incentive Award (Essex Portfolio Lp)

Recovery of Erroneously Awarded Compensation. If the Grantee is now or hereafter become subject to any policy providing for the recovery of Awards, Shares, Stock Units, proceeds or payments to the Grantee in the event of fraud or other circumstances, then this Award, the Stock Units, and any Shares issuable upon the settlement of this Awards the RSU or proceeds therefrom, are subject to potential recovery by the Company under the circumstances provided under such policy as may be in effect from time to time.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Pericom Semiconductor Corp)

Recovery of Erroneously Awarded Compensation. If the Grantee is now or hereafter become subject to any policy providing for the recovery of AwardsOption, Shares, Stock Units, proceeds or payments to the Grantee in the event of fraud or other circumstances, then this Award, the Stock UnitsOption, and any Shares issuable upon the settlement exercise of this Awards the Option or proceeds therefrom, are subject to potential recovery by the Company under the circumstances provided under such policy as may be in effect from time to time.

Appears in 1 contract

Samples: Stock Option Agreement (Pericom Semiconductor Corp)

Recovery of Erroneously Awarded Compensation. If the Grantee is now or hereafter become subject to any policy providing for the recovery of Awards, Shares, Stock Units, proceeds or payments to the Grantee in the event of fraud or other circumstances, then this Award, the Stock Units, and any Shares issuable upon the settlement of this Awards or proceeds therefrom, are subject to potential recovery by the Company under the circumstances provided under such policy as may be in effect from time to time.. |

Appears in 1 contract

Samples: 2024 Long Term Incentive Award (Essex Portfolio Lp)