Examples of Clawback Notice in a sentence
The Participant shall reimburse the DB Group for the Clawback Amount by either, at the election of the Participant, transferring the Clawback Shares to such person or entity designated by the Committee or paying the Clawback Cash to a DB Group Company designated by the Committee, as directed by the Committee, in each case as soon as possible after the Clawback Notice takes effect (as provided in Rule 12.2), and in any event within 30 days of that notice taking effect.
This Rule 6.8 shall not apply to an Award unless the Clawback Notice is delivered so as to take effect before the second anniversary of the Last Vesting Date for the Award.
This Rule 6.8 shall not apply to an Award unless the Clawback Notice is delivered so as to take effect before the second anniversary of the Last Release Date for the Award.
Neither Plaintiffs or Defendant provide support for any additional requested relief, and thus the Court will decline to issue any ruling with respect to the October 9, 2020 Clawback Notice or other discovery issues for which the parties did not seek affirmative relief.
Rule 6.8(g) is hereby replaced with the following: g) This Rule 6.8 shall not apply to an Award unless the Clawback Notice is delivered so as to take effect before the end of the relevant Clawback Period.
Nothing in this Stipulation prevents a receiving party from submitting the item(s) listed in 2 the Clawback Notice to the Court for review or using the content of the item(s) in briefing submitted in 3 connection with any challenge to such notice that is raised in accordance with paragraph 6.
With respect to any document or 5 testimony that is the subject of a Clawback Notice that is sent more than twenty (20) days after the 6 conclusion of the deposition, the asserted privilege or protection will be deemed as waived absent 7 extraordinary circumstances.
In the case of a forfeiture of unvested Shares, the Clawback Notice must be provided to the Grantee before the end of the Period of Restriction to which the Shares relate, and the forfeiture shall occur as of the date of the Clawback Notice (even if the Grantee has not yet terminated Service).
Where the Committee determines that this Rule 6.8 applies in relation to an Award (or Tranche of an Award), the Participant shall be required to reimburse the Clawback Amount to the DB Group in accordance with the provisions of this Rule 6.8. The Committee shall notify the Participant in writing of the determination and of the Clawback Amount that is due from the Participant (a "Clawback Notice").
With respect to any produced material used in 13 a brief or at a hearing that is the subject of a Clawback Notice that is sent more than twenty (20) days after 14 the filing of the brief or conclusion of the hearing, the asserted privilege or protection will be deemed as 15 waived absent extraordinary circumstances.