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, in accordance with Section 2.5.3 of the Plan, the following: (a) Any Restricted Shares for which the terms (including the terms for the release of Transfer Restrictions) were not satisfied. (b) Any dividends paid in respect of any Restricted Shares that are cancelled or required to be repaid. (c) Any amount applied to satisfy tax withholding or other obligations with respect to any Restricted Shares or dividend payments that are forfeited or required to be repaid. EXCEPTIONS TO THE VESTING AND/OR TRANSFERABILITY DATES
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Samples: Restricted Stock Award Agreement (Goldman Sachs Group Inc), Restricted Stock Award Agreement (Goldman Sachs Group Inc), Year End Restricted Stock Award Agreement (Goldman Sachs Group Inc)
When You May Be Required to Repay Your Award. (a) [Repayment, Generally.] 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, Firm in accordance with Section 2.5.3 of the Plan, the following:
(ai) Any Restricted Shares for which the terms (including the terms for the release of Transfer Restrictions) were not satisfied.
(bii) Any dividends paid in respect of any Restricted Shares that are cancelled or required to be repaid.
(ciii) Any amount applied to satisfy tax withholding or other obligations with respect to any Restricted Shares or dividend payments that are forfeited or required to be repaid. EXCEPTIONS TO THE VESTING AND/OR TRANSFERABILITY DATES.
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Samples: Year End Restricted Stock 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, in accordance with Section 2.5.3 of the Plan, Firm the following:
(a) Any Short-Term Restricted Shares for which the terms (including the terms for the release of Transfer Restrictions) were not satisfied, in accordance with Section 2.5.3 of the Plan.
(b) Any dividends paid in respect of any Short-Term Restricted Shares that are cancelled or required to be repaid.
(c) Any amount applied to satisfy tax withholding or other obligations with respect to any Short-Term Restricted Shares or dividend payments that are forfeited or required to be repaid. EXCEPTIONS TO THE VESTING AND/OR TRANSFERABILITY DATESDATE
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