Right of Setoff Recoupment. Executive agrees and acknowledges that the Company shall have the right to offset any amounts due from the Executive against any amounts owed under this Agreement, subject to any applicable notice requirements. Compensation payable to Executive shall be subject to applicable securities rules and Company policies regarding recapture or claw back, and Executive shall reimburse the Company any amount previously paid that is subject to such recapture or claw back provision.
Appears in 6 contracts
Samples: Employment Agreement (AvidXchange Holdings, Inc.), Employment Agreement (AvidXchange Holdings, Inc.), Employment Agreement (AvidXchange Holdings, Inc.)
Right of Setoff Recoupment. Executive agrees and acknowledges that the The Company shall have the right to offset any amounts due from Executive to the Executive Company against any amounts owed by the Company to Executive under this Agreement, subject to any applicable notice requirements. Compensation payable to Executive shall be subject to applicable securities rules and Company policies regarding recapture or claw back, and Executive the Grantee shall reimburse the Company any amount previously paid that is subject to such recapture or claw back provision.
Appears in 2 contracts
Samples: Employment Agreement (Professional Diversity Network, LLC), Employment Agreement (Professional Diversity Network, LLC)
