Common use of Right of Recovery Clause in Contracts

Right of Recovery. Notwithstanding any provisions of this Agreement to the contrary, the Company may recover from you any amount paid or payable pursuant to this Agreement which is required to be recovered under the rules of any exchange on which the Company’s Shares are registered and any amount the Committee determines is appropriate under the Company’s policies regarding recovery of incentive compensation, as such policies may be effect from time to time.

Appears in 4 contracts

Samples: Non Qualified Stock Option, Restricted Share and Performance Share Award Agreement (Kansas City Southern), Stock Option and Performance Award Agreement (Kansas City Southern), Stock Option and Performance Award Agreement (Kansas City Southern)

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Right of Recovery. Notwithstanding any provisions of this Agreement to the contrary, the Company may recover from you any amount paid or payable to you (or the current Fair Market Value of any Shares paid or payable to you) pursuant to this Agreement which is required to be recovered under the rules of any exchange on which the Company’s Shares are registered and or any amount the Committee determines is appropriate under the Company’s policies in effect from time to time regarding the recovery of incentive compensation, as including any such policies may be effect from time to timeadopted after the Grant Date of this Agreement.

Appears in 4 contracts

Samples: Stock Option and Performance Award Agreement (Kansas City Southern), Stock Option and Performance Award Agreement (Kansas City Southern), Stock Option and Performance Award Agreement (Kansas City Southern)

Right of Recovery. Notwithstanding any provisions of this Agreement to the contrary, the Company may recover from you any amount paid or payable to you (or the current Fair Market Value of any Shares paid or payable to you) pursuant to this Agreement which is required to be recovered under the rules of any exchange on which the Company’s 's Shares are registered and or any amount the Committee determines is appropriate under the Company’s 's policies in effect from time to time regarding the recovery of incentive compensation, as including any such policies may be effect from time to timeadopted after the Grant Date of this Agreement.

Appears in 4 contracts

Samples: Non Qualified Stock Option, Restricted Share and Performance Share Award Agreement (Kansas City Southern), Non Qualified Stock Option, Restricted Share and Performance Share Award Agreement (Kansas City Southern), Non Qualified Stock Option, Restricted Share and Performance Share Award Agreement (Kansas City Southern)

Right of Recovery. Notwithstanding any provisions of this Agreement to the contrary, the Company may recover from you any amount paid or payable pursuant to this Agreement which is required to be recovered under the rules of any exchange on which the Company’s 's Shares are registered and any amount the Committee determines is appropriate under the Company’s 's policies regarding recovery of incentive compensation, as such policies may be effect from time to time.

Appears in 2 contracts

Samples: Stock Option and Performance Award Agreement (Kansas City Southern), Stock Option and Performance Award Agreement (Kansas City Southern)

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Right of Recovery. Notwithstanding the provisions of paragraphs 6 and 7 of this Exhibit A or any other provisions of this Restricted Shares Award Agreement to the contrary, the Company may recover from you any amount paid or payable pursuant to this Agreement which is required to be recovered under the rules of any exchange on which the Company’s Shares are registered and any amount the Committee determines is appropriate under the Company’s policies regarding recovery of incentive compensation, as such policies may be in effect from time to time.

Appears in 2 contracts

Samples: Restricted Shares Award Agreement (Kansas City Southern), Restricted Shares Award Agreement (Kansas City Southern)

Right of Recovery. Notwithstanding any provisions of this Agreement to the contrary, the Company may recover from you any amount paid or payable to you pursuant to this Agreement which is required to be recovered under the rules of any exchange on which the Company’s Shares are 's stock is registered and or any amount the Committee determines is appropriate under the Company’s 's policies in effect from time to time regarding the recovery of incentive compensation, as including any such policies may be effect from time to timeadopted after the Grant Date of this Agreement.

Appears in 1 contract

Samples: Restricted Cash Award and Performance Cash Award Agreement (Kansas City Southern)

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