Claw Back definition

Claw Back means a recovery of value by the Company from a Participant in accordance with the provisions of Rule 15 (Claw-back) and Appendix 1 (Operation of Claw-back);

Claw Back means a recovery of value by the Company from a Participant in accordance with the provisions of Rule 12 (Malus and Claw-back) and Appendix 1 (Operation of Malus and Claw-back);

Claw Back means the net Total Contact Value of any Customer Contract, which is subsequently terminated by either party without the payment of the full Total Contract Value and in such case the net Total Contract Value, being the amount to be deducted from Total Contract Value for the purpose of calculating Bookings, shall be equal to the unpaid amount of the Total Contract Value, which was previously credited to Bookings with respect to such Customer Contract.

Examples of Claw Back in a sentence

• In the event a commission is paid to Partner in error, Memberium reserves the right to claw back such commissions for a period of up to 90 days from the sale date (the “Error Claw Back Period”).

• If no commissions are owed by Memberium to Partner during the Error Claw Back Period then expires.

• In addition, Memberium may, in its sole discretion, deduct any commissions paid in error from commissions earned by Partner after the expiration of the Error Claw Back Period so long as Memberium has invoiced Partner for the commission paid in error before the expiration of the Error Claw Back Period.

• Except where otherwise specified, the terms of this Agreement shall apply from the date of this Agreement until the expiry of the Claw Back Period.

• Equity Claw Back (call option) Provided that the Bonds have been and remain listed at the corporate bond list on Nasdaq Stockholm, the Issuer may on one or more occasion in connection with an Equity Listing Event, redeem in part up to 40 per cent.

More Definitions of Claw Back

Claw Back means the claw back right of the Company pursuant to clause 3.10. Committee: the Remuneration Committee of the Supervisory Board. Control: means (i) the possession, directly or indirectly, of the majority of the outstanding shares in the capital of the Company, or (ii) the ability, directly or indirectly, to vote on the majority of the outstanding shares in the capital of the Company or (iii) the ability, directly or indirectly, to appoint the majority of the members of the Executive Board and/or the Supervisory Board.

Claw Back means the claw back right of the Company pursuant to clause 3.10; Committee: the Remuneration Committee of the Supervisory Board;

Claw Back means a contractual agreement between the Grantee and the Company, being evidenced on the acceptance of the Grant, in which case the Grantee shall relinquish any benefit that accrued to or return any benefit that is received by such Grantee to the Company (directly / indirectly) under circumstances specified at the time of Grant of Options.

Claw Back means the repayment of value by a Participant to the Company (or another Participating Company) in accordance with the provisions of Rule 3A and Appendix 1;

Claw Back means the process by which the Company recovers PolkaDot Reward Points that were awarded prior to product returns and/or refunds issued to a Referred Member. When a product is returned to the Company’s warehouse or a credit is issued to the Referred Member’s account, the awards will be “clawed back” or removed from the Referring Member’s Account to reflect the actual balance.

Claw Back. : means the contractual mechanism that permits the possible return, even in part, of the Shares allocated pursuant to the Plan.

Claw Back. Provision: Consider a 5 year vesting schedule in the relocation package (20% per year, 100% vested if terminated). OTHER TERMS/MISC.  No reduction in compensation/benefits  Construction/Operation of Agreement:  Execute/Carry out provisions in agreement (with the exception of severance) without further City Commission Action.  Allow Employee to interpret/execute provisions as long as the context does not clearly require otherwise.