Repayment of Bonus. Candidate agrees to repay to AMD all or a prorated amount of the Bonus, according to the following terms:
Repayment of Bonus. If (a) within the two-year period immediately following payment of any Bonus under any Program the Company is required to prepare an accounting restatement due to the material noncompliance of the Company, as a result of misconduct, with any then applicable financial reporting requirement under the securities laws, and (b) the Participant is subject to automatic forfeiture under Section 304 of the Sxxxxxxx-Xxxxx Act of 2002 or knowingly engaged in the misconduct, was grossly negligent in engaging in the misconduct, knowingly failed to prevent the misconduct or was grossly negligent in failing to prevent the misconduct, then the Participant shall reimburse the Company for the amount of any such Bonus paid under any Program.
Repayment of Bonus. Employee agrees to repay to AMD all or a prorated amount of the Bonus, according to the following terms:
Repayment of Bonus. If the audited financial statements of Cognos in respect of any fiscal year are, or are required to be, subsequently re-stated in any material respect, and for reasons that the Human Resources Committee of the Cognos’ Board of Directors deems, in its sole discretion, to be based on error, malfeasance or negligence, then any bonus payout based on those financial statements will be recalculated. If the recalculated bonus payout (“Recalculated Bonus”) is greater or less than the original bonus payout to the Executive prior to the re-statement (“Original Bonus”), the Original Bonus will be adjusted by the difference between the Original Bonus and Recalculated Bonus (the “Adjustment Amount”). If the Original Bonus is greater than the Recalculated Bonus, the Executive will pay within forty-five (45) days the Adjustment Amount to the employing Cognos entity (subject to such other repayment terms as may be approved by the Human Resources Committee of the Board of Cognos). Any repayment made by the Executive to Cognos will be net of any taxes originally withheld at source by Cognos and remitted to any tax authority in respect of the Adjustment Amount (“Tax Withholding Amount”). Any subsequent refund to the Executive of any taxes in respect of the Original Bonus will be immediately payable by Executive to Cognos upon receipt, up to the Tax Withholding Amount. If the Original Bonus is less than the Recalculated Bonus, Cognos will forthwith pay the Adjustment Amount to the Executive, less any deductions at source required by applicable law. This provision forms part of the Agreement and shall be a term of the Executive’s employment, unless otherwise agreed upon, in writing, by Cognos and the Executive.
Repayment of Bonus. (1) If a person paid a bonus under this section fails to complete a period of active duty beginning on the date on which the election of the person under sub- section (a)(1) is received and ending on the date on which the person completes 20 years of ac- tive-duty service as described in subsection (a)(2), the person shall refund to the United pleted part of that period of active-duty service bears to the total period of such service.
(2) Subject to paragraph (3), an obligation to reimburse the United States imposed under paragraph (1) is for all purposes a debt owed to the United States.
(3) The Secretary concerned may waive, in whole or in part, a refund required under para- graph (1) if the Secretary concerned determines that recovery would be against equity and good conscience or would be contrary to the best in- terests of the United States.
(4) A discharge in bankruptcy under title 11 that is entered less than five years after the ter- mination of an agreement under this section does not discharge the member signing such agreement from a debt arising under the agree- ment or this subsection. (Added Pub. L. 106–65, div. A, title VI, § 642(a), Oct. 5, 1999, 113 Stat. 662.) Section effective Oct. 1, 1999, see section 644 of Pub.
Repayment of Bonus. Candidate agrees to repay to GMPW all or a prorated amount of the Bonus, according to the following terms:
Repayment of Bonus. Executive agrees to repay to Company all or a prorated amount of the Bonus, according to the following terms:
Repayment of Bonus. Executive agrees to repay the Bonus to the Company in accordance with the following terms and conditions:
a) If, prior to the first anniversary of Executive’s Hire Date, Executive terminates his employment with the Company without “Good Reason” (as such term is defined in the 2020 Stock Incentive Plan for Key Employees of HCA Healthcare, Inc. and its Affiliates), then Executive shall repay 100% of the Bonus to the Company;
b) If, at any time on or after the first anniversary of Executive’s Hire Date, but prior to the second anniversary of Executive’s Hire Date, Executive terminates his employment with the Company without “Good Reason”, then Executive shall repay 50% of the Bonus to the Company; and
c) Any repayment required pursuant to Sections 2(a) or 2(b) of this Agreement will be paid by Executive to the Company within ten days of the termination of Executive’s employment with the Company, it being understood that repayment instructions will be provided to Executive promptly following such termination of employment.
Repayment of Bonus. Candidate agrees to repay to INSYS all or a prorated amount of the Bonus, according to the following terms:
Repayment of Bonus. Executive agrees to repay the Bonus to the Company in accordance with the following terms and conditions:
a) If, prior to the first anniversary of Executive’s Hire Date, Executive terminates his employment with the Company without “Good Reason” or Executive’s employment is terminated by the Company for “Cause” (as such terms are defined in that certain Employment Agreement, dated , between Executive and the Company (the “Employment Agreement”)), then Executive shall repay 100% of the Bonus to the Company;
b) If, at any time on or after the first anniversary of Executive’s Hire Date, but prior to the second anniversary of Executive’s Hire Date, Executive terminates his employment with the Company without “Good Reason” or Executive’s employment is terminated by the Company for “Cause” (as such terms are defined in the Employment Agreement), then Executive shall repay 50% of the Bonus to the Company;
c) Any repayment required pursuant to Sections 2(a) or 2(b) of this Agreement will be paid by Executive to the Company within ten days of the termination of Executive’s employment with the Company, it being understood that repayment instructions will be provided to Executive promptly following such termination of employment.