Common use of When You May Be Required to Repay Your Award Clause in Contracts

When You May Be Required to Repay Your Award. If the Committee determines that any term of this Award was not satisfied, you will be required, immediately upon demand therefor, to repay to the Firm the following: (a) Any RSU Shares for which the terms (including the terms for delivery) of the related RSUs were not satisfied, in accordance with Section 2.6.3 of the Plan. (b) Any payments under Dividend Equivalent Rights for which the terms were not satisfied (including any such payments made in respect of RSUs that are forfeited or RSU Shares that are cancelled or required to be repaid), in accordance with Section 2.8.4 of the Plan. (c) Any dividends paid in respect of any RSU Shares that are cancelled or required to be repaid. (d) Any amount applied to satisfy tax withholding or other obligations with respect to any RSU, RSU Shares, dividend payments and payments under Dividend Equivalent Rights that are forfeited or required to be repaid. EXCEPTIONS TO THE VESTING AND/OR DELIVERY DATES

Appears in 3 contracts

Samples: One Time Rsu Award Agreement (Goldman Sachs Group Inc), One Time Rsu Award Agreement (Goldman Sachs Group Inc), One Time Rsu Award Agreement (Goldman Sachs Group Inc)

AutoNDA by SimpleDocs

When You May Be Required to Repay Your Award. If the Committee determines that any term of this Award was not satisfied, you will be required, immediately upon demand therefor, to repay to the Firm the following: (a) Any RSU Shares for which the terms (including the terms for delivery) of the related Short-Term RSUs were not satisfied, in accordance with Section 2.6.3 of the Plan. (b) Any payments under Dividend Equivalent Rights for which the terms were not satisfied (including any such payments made in respect of Short-Term RSUs that are forfeited or RSU Shares that are cancelled or required to be repaid), in accordance with Section 2.8.4 of the Plan. (c) Any dividends paid in respect of any RSU Shares that are cancelled or required to be repaid. (d) Any amount applied to satisfy tax withholding or other obligations with respect to any Short-Term RSU, RSU Shares, dividend payments and payments under Dividend Equivalent Rights that are forfeited or required to be repaid. EXCEPTIONS TO THE VESTING AND/OR DELIVERY DATESDATE

Appears in 2 contracts

Samples: Year End Short Term Rsu Award Agreement (Goldman Sachs Group Inc), Year End Short Term Rsu Award Agreement (Goldman Sachs Group Inc)

When You May Be Required to Repay Your Award. If the Committee determines that any term of this Award was not satisfied, you will be required, immediately upon demand therefor, to repay to the Firm the following: (a) Any RSU Shares for which the terms (including the terms for delivery) of the related Short-Term RSUs were not satisfied, in accordance with Section 2.6.3 of the Plan. (b) Any payments under Dividend Equivalent Rights for which the terms were not satisfied (including any such payments made in respect of Short-Term RSUs that are forfeited or RSU Shares that are cancelled or required to be repaid), in accordance with Section 2.8.4 2.8.3 of the Plan. (c) Any dividends paid in respect of any RSU Shares that are cancelled or required to be repaid. (d) Any amount applied to satisfy tax withholding or other obligations with respect to any RSUShort-Term RSUs, RSU Shares, dividend payments and payments under Dividend Equivalent Rights that are forfeited or required to be repaid. EXCEPTIONS TO THE VESTING AND/OR DELIVERY DATES.

Appears in 2 contracts

Samples: Award Agreement (Goldman Sachs Group Inc), Award Agreement (Goldman Sachs Group Inc)

When You May Be Required to Repay Your Award. If the Committee determines that any term of this Award was not satisfied, you will be required, immediately upon demand therefor, to repay to the Firm the following: (a) Any RSU Shares for which the terms (including the terms for delivery) of the related Short-Term RSUs were not satisfied, in accordance with Section 2.6.3 of the Plan. (b) Any payments under Dividend Equivalent Rights for which the terms were not satisfied (including any such payments made in respect of Short-Term RSUs that are forfeited or RSU Shares that are cancelled or required to be repaid), in accordance with Section 2.8.4 2.8.3 of the Plan. (c) Any dividends paid in respect of any RSU Shares that are cancelled or required to be repaid. (d) Any amount applied to satisfy tax withholding or other obligations with respect to any Short-Term RSU, RSU Shares, dividend payments and payments under Dividend Equivalent Rights that are forfeited or required to be repaid. EXCEPTIONS TO THE VESTING AND/OR DELIVERY DATESDATE

Appears in 2 contracts

Samples: Year End Short Term Rsu Award (Goldman Sachs Group Inc), Year End Short Term Rsu Award Agreement (Goldman Sachs Group Inc)

When You May Be Required to Repay Your Award. If the Committee determines that any term of this Award was not satisfied, you will be required, immediately upon demand therefor, to repay to the Firm the following: (a) Any RSU Shares for which the terms (including the terms for delivery) of the related RSUs were not satisfied, in accordance with Section 2.6.3 of the Plan. (b) Any payments under Dividend Equivalent Rights for which the terms were not satisfied (including any such payments made in respect of RSUs that are forfeited or RSU Shares that are cancelled or required to be repaid), in accordance with Section 2.8.4 2.8.3 of the Plan. (c) Any dividends paid in respect of any RSU Shares that are cancelled or required to be repaid. (d) Any amount applied to satisfy tax withholding or other obligations with respect to any RSU, RSU Shares, dividend payments and payments under Dividend Equivalent Rights that are forfeited or required to be repaid. EXCEPTIONS TO THE VESTING AND/OR DELIVERY DATES

Appears in 1 contract

Samples: One Time Rsu Award Agreement (Goldman Sachs Group Inc)

AutoNDA by SimpleDocs

When You May Be Required to Repay Your Award. If the Committee determines that any term of this Award was not satisfied, you will be required, immediately upon demand therefor, to repay to the Firm the following: (a) Any RSU Shares for which the terms (including the terms for delivery) of the related Short-Term RSUs were not satisfied, in accordance with Section 2.6.3 of the Plan. (b) Any payments under Dividend Equivalent Rights for which the terms were not satisfied (including any such payments made in respect of Short-Term RSUs that are forfeited or RSU Shares that are cancelled or required to be repaid), in accordance with Section 2.8.4 2.8.3 of the Plan. (c) Any dividends paid in respect of any RSU Shares that are cancelled or required to be repaid. (d) Any amount applied to satisfy tax withholding or other obligations with respect to any RSUShort-Term RSUs, RSU Shares, dividend payments and payments under Dividend Equivalent Rights that are forfeited or required to be repaid. EXCEPTIONS TO THE VESTING AND/OR DELIVERY DATESDATE

Appears in 1 contract

Samples: Year End Short Term Rsu Award Agreement (Goldman Sachs Group Inc)

When You May Be Required to Repay Your Award. If the Committee determines that any term of this Award was not satisfied, you will be required, immediately upon demand therefor, to repay to the Firm the following: (a) Any RSU Shares for which the terms (including the terms for delivery) of the related Short-Term RSUs were not satisfied, in accordance with Section 2.6.3 of the Plan. (b) Any payments under Dividend Equivalent Rights for which the terms were not satisfied (including any such payments made in respect of Short-Term RSUs that are forfeited or RSU Shares that are cancelled or required subject to be repaidrepayment), in accordance with Section 2.8.4 of the Plan. (c) Any dividends paid in respect of any RSU Shares that are cancelled or required to be repaid. (d) Any amount applied to satisfy tax withholding or other obligations with respect to any RSUShort-Term RSUs, RSU Shares, dividend payments and payments under Dividend Equivalent Rights that are forfeited or required to be repaid. EXCEPTIONS TO THE VESTING AND/OR DELIVERY DATESDATE

Appears in 1 contract

Samples: Award Agreement (Goldman Sachs Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!