Common use of Return of Share Value Clause in Contracts

Return of Share Value. By accepting this award, you agree that if the Company determines that you engaged in “Conduct Detrimental to the Company” (as defined below) during your Employment or during the one-year period following the termination of your Employment, you shall be required, upon demand, to return to the Company, in the form of a cash payment, certain share value (“Returnable Share Value”). For purposes of this provision, “Returnable Share Value” means a cash amount equal to the gross value of the Shares that were issued to you pursuant to this Agreement during the two-year period preceding the termination of your Employment, determined as of the date such Shares were issued to you and using the Fair Market Value (as defined in the Plan) of Dell stock on that date. You understand and agree that the repayment of the Returnable Share Value is in addition to and separate from any other relief available to the Company due to your Conduct Detrimental to the Company. For purposes of this Agreement, you will be considered to have engaged in “Conduct Detrimental to the Company” if:

Return of Share Value. By accepting this awardAward, you agree that if the Company determines that you engaged in “Conduct Detrimental to the Company” (as defined below) during your Employment or during the one-year period following the termination of your Employment, you shall be required, upon demand, to return to the Company, in the form of a cash payment, certain share value (“Returnable Share Value”). For purposes of this provision, “Returnable Share Value” means a cash amount equal to the gross value of the Shares that were issued to you in the one-year period prior to the Company’s determination that you engaged in Conduct Detrimental to the Company pursuant to this Agreement during the two-year period preceding the termination of your EmploymentAgreement, determined as of the date such Shares were issued to you and using the Fair Market Value (as defined in the Plan) of Dell stock Team Common Stock on that date. You understand and agree that the repayment of the Returnable Share Value is in addition to and separate from any other relief available to the Company due to your Conduct Detrimental to the Company. For purposes of this Agreement, you will be considered to have engaged in “Conduct Detrimental to the Company” if: