Common use of Right of Offset Clause in Contracts

Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.

Appears in 14 contracts

Samples: Restricted Stock Unit Agreement (Atlantic Capital Bancshares, Inc.), Performance Share Award Agreement (Atlantic Capital Bancshares, Inc.), Restricted Stock Award Agreement (Atlantic Capital Bancshares, Inc.)

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Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.

Appears in 12 contracts

Samples: Restricted Stock Award Agreement (Regional Management Corp.), Restricted Stock Unit Award Agreement (Regional Management Corp.), Nonqualified Stock Option Agreement (Regional Management Corp.)

Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, payable and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (Akoustis Technologies, Inc.), Performance Based Restricted Stock Unit Award Agreement (Akoustis Technologies, Inc.), Restricted Stock Unit Agreement (Atlantic Capital Bancshares, Inc.)

Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and, and by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.

Appears in 5 contracts

Samples: Performance Restricted Stock Unit Award Agreement (Regional Management Corp.), Performance Contingent Restricted Stock Unit Award Agreement (Regional Management Corp.), Cash Settled Performance Unit Award Agreement (Regional Management Corp.)

Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) ), reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.

Appears in 5 contracts

Samples: Nonqualified Stock Option Agreement (Akoustis Technologies, Inc.), Nonqualified Stock Option Agreement (Akoustis Technologies, Inc.), Stock Option Agreement (Akoustis Technologies, Inc.)

Right of Offset. Notwithstanding any other provision of the Plan or this the Agreement, the Company may at any time (subject to any Code Section 409A considerationsApplicable Law) at any time reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.

Appears in 4 contracts

Samples: Incentive Unit Award Agreement (ECPM Holdings, LLC), Incentive Unit Award Agreement (ECPM Holdings, LLC), Incentive Unit Award Agreement (ECPM Holdings, LLC)

Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, payable and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Akoustis Technologies, Inc.), Restricted Stock Award Agreement (Akoustis Technologies, Inc.), Restricted Stock Award Agreement (Akoustis Technologies, Inc.)

Right of Offset. Notwithstanding any other provision of the Plan or this the Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due affiliate, and payable, and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.

Appears in 3 contracts

Samples: Long Term Incentive Plan Award Agreement (First Citizens Bancshares Inc /De/), Long Term Incentive Plan Award Agreement (First Citizens Bancshares Inc /De/), Long Term Incentive Plan Award Agreement (First Citizens Bancshares Inc /De/)

Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) at any time reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any loan, cash advance, extension of credit or other obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.

Appears in 3 contracts

Samples: Profits Interest Share Award Agreement (Rice Acquisition Corp. II), Consolidated Profits Interest Share Award Agreement (Rice Acquisition Corp. II), Profits Interest Share Award Agreement (Rice Acquisition Corp. II)

Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and, by entering into this Agreement, payable and the Participant shall be deemed to have consented to such reduction.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Old Dominion Freight Line, Inc.), Restricted Stock Award Agreement (Old Dominion Freight Line Inc/Va), Restricted Stock Award Agreement (Old Dominion Freight Line Inc/Va)

Right of Offset. Notwithstanding any other provision of the Plan or this the Agreement, the Company may at any time (subject to any Code Section 409A considerations) at any time reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.

Appears in 2 contracts

Samples: Incentive Unit Award Agreement (ECPM Holdings, LLC), Incentive Unit Award Agreement (ECPM Holdings, LLC)

Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction. 21.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Atlantic Capital Bancshares, Inc.), Stock Option Agreement (Atlantic Capital Bancshares, Inc.)

Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, payable and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Old Dominion Freight Line, Inc.), Restricted Stock Unit Agreement (Old Dominion Freight Line Inc/Va)

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Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and, by entering into this Agreement, and the Participant shall be deemed to have consented to such reduction.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Catalyst Biosciences, Inc.)

Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and, by entering into this Agreement, and the Participant shall be deemed to have consented to such reduction.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Catalyst Biosciences, Inc.)

Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction. 20.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Atlantic Capital Bancshares, Inc.)

Right of Offset. Notwithstanding any other provision of the Plan Plan, the LTIP or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.

Appears in 1 contract

Samples: Other Stock Based Award Agreement (Atlantic Capital Bancshares, Inc.)

Right of Offset. Notwithstanding any other provision of the Plan Plan, the STIP or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation Updated May 2018 of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.

Appears in 1 contract

Samples: Other Stock Based Award Agreement (Qorvo, Inc.)

Right of Offset. Notwithstanding any other provision of the Plan or this the Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and, by entering into this Agreement, and the Participant shall be deemed to have consented to such reduction.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Streamline Health Solutions Inc.)

Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.the

Appears in 1 contract

Samples: Performance Share Award Agreement (Atlantic Capital Bancshares, Inc.)

Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.. SIGNATURE PAGE TO RESTRICTED STOCK AWARD AGREEMENT

Appears in 1 contract

Samples: Restricted Stock Award Agreement

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