Subject to Clawback Clause Samples
Subject to Clawback. The Works as detailed in Table 1(a) will be delivered by the Completion Date. Table 1(a) Housing Land Remediated (Ha) 0.19 Housing Units – Start on Site Affordable Housing 10 Housing Units Completed Affordable Housing 10 The Project Outcomes as detailed in Table 1(b) will be delivered by the Clawback Review Date. Table 1(b) Construction Jobs Created 46 EV Chargers Installed - Residential 10 Net Additional Dwellings 10 Housing Units Unlocked 10 Public Investment Unlocked £2,389,359
Subject to Clawback. The RSUs shall be subject to clawback or recoupment pursuant to any compensation clawback or recoupment policy adopted by the Board or required by law during the term of Participant’s service that is applicable to Participant. In addition to any other remedies available under such policy, applicable law may require the cancellation of Participant’s RSUs (whether vested or unvested) and the recoupment of any compensation realized with respect to the RSUs.
Subject to Clawback. As a “Covered Person” under the ▇▇▇▇-▇▇▇▇▇ Compensation Clawback Policy as adopted September 13, 2023, and effective as of October 2, 2023 (the “Clawback Policy”), the Executive is subject to the Clawback Policy and Section 22.1 of the 2004 Omnibus Incentive Plan (the “Omnibus Plan”).
Subject to Clawback. The Option and any Shares acquired upon exercise of the Option shall be subject to clawback or recoupment pursuant to any compensation clawback or recoupment policy adopted by the Board or required by law during the term of Participant’s service that is applicable to Participant. In addition to any other remedies available under such policy, applicable law may require the cancellation of Participant’s Option (whether vested or unvested) and the recoupment of any gains realized with respect to Participant’s Option.
Subject to Clawback. In accordance with clause 2.3 Special Conditions, the Recipient will provide to the Authority -
a) disaggregated Project Outputs summarised in Table 1(a) and within 30 days of the execution of this Agreement. The disaggregation will be in accordance with Annex A UKSPF Indicator Guidance Final, as provided by the Authority. Upon agreement of the disaggregated Project Outputs, these will form Schedule 4: Annex 1 and will become part of the Agreement terms; and
b) post codes of where Activity has taken place. The Recipient will also deliver the Project Outcomes, detailed in Table 1(a ) below, by the Completion Date as per Schedule 2 (“Project Outcomes”). The Recipient is to the deliver the disaggregated Project Outputs, detailed in Schedule 4: Annex 1 and summarised in Table 1(b) by the Completion Date as per Schedule 2 (“Project Outputs”). The clawback provisions related to the Project Outputs and Outcomes is as detailed in clause 11 of this Agreement. Businesses receiving non-financial support 125 125 Potential entrepreneurs provided assistance to be business ready 20 20 People Economically Inactive To be submitted within 1 month of contract execution Unemployed Employed Businesses Small To be submitted within 1 month of contract execution Total
Subject to Clawback. The Recipient will deliver the Works, detailed in Table 1(a) below, by the Completion Date as per Schedule 2 (“Project Outputs”); and The clawback provisions related to the Project Output is as detailed in clause 11 of this Agreement.
(a) Project Outputs 2022/23 Total
a) Inception Report;
b) Monthly/quarterly monitoring returns (as required by the Authority);
c) Approved Claim Forms and supporting evidence;
d) Project Learning Reviews; and