Reduction of the Award. Notwithstanding anything to the contrary herein, the Board, in its sole discretion (but subject to applicable law), may reduce any amounts payable to the Participant in order to satisfy any liabilities owed to the Company by the Participant.
Appears in 21 contracts
Samples: Grant (OneBeacon Insurance Group, Ltd.), Grant (OneBeacon Insurance Group, Ltd.), Grant (OneBeacon Insurance Group, Ltd.)
Reduction of the Award. Notwithstanding anything to the contrary herein, the Company Board, in its sole discretion (but subject to applicable law), may reduce any amounts payable to the Participant in order to satisfy any liabilities owed to the Company by the Participant.
Appears in 1 contract
Samples: Performance Unit Award Agreement (OneBeacon Insurance Group, Ltd.)
