Clawback Policy definition

Clawback Policy is defined in Section 14.

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Clawback Policy means the clawback policy of the Corporation as determined by the Board, and as it may be amended, replaced, or restated from time to time;

Clawback Policy means the Clawback Policy of the Company adopted by the Board effective January 1, 2019, as may be amended from time to time.

Examples of Clawback Policy in a sentence

• Any action by the Company to recover erroneously awarded compensation under the Clawback Policy from you shall not, whether alone or in combination with any other action, event or condition, be deemed (i) a Good Reason condition (as defined in the Severance Plan) or serve as a basis for a claim of constructive termination under any benefits or compensation arrangement applicable to you, or (ii) to constitute a breach of a contract or other arrangement to which you are a party.

• You acknowledge that you may become subject to the Company’s Compensation Recovery Policy, adopted pursuant to Rule 10D-1 promulgated under the Securities Exchange Act of 1934 and Nasdaq Rule 5608, or any successor rule (the “Clawback Policy”) pursuant to which the Company and/or the Board shall be entitled to recover all erroneously awarded compensation as set forth in the Clawback Policy from you pursuant to such means as the Company and/or the Board may elect.

More Definitions of Clawback Policy

Clawback Policy has the meaning stated in Section 8(b) of this Agreement.

Clawback Policy means any clawback, recoupment or forfeiture provisions of any applicable clawback, recoupment or forfeiture policy (including, without limitation, a clawback policy required to be implemented by an applicable stock exchange) approved by the Board (or a committee thereof), as in effect from time to time, whether approved before or after the effective date of this Agreement. The Executive acknowledges and agrees that the Executive shall be bound by the terms of any such Clawback Policy as if it were set forth in this Agreement.

Clawback Policy means such policy as may be adopted or modified from time to time by the Board to provide for the recoupment of equity or other compensation provided under this Plan upon the occurrence of specified events or otherwise in accordance with Applicable Law or Stock Exchange Rules.

Clawback Policy or “Clawback Policies” means any policy or policies adopted from time to time by The Board of Directors of Arrow Electronics, Inc. that provides for the recoupment of certain employee compensation in response to certain events, including but not limited to, an accounting restatement resulting from material noncompliance with financial reporting requirements under the federal securities laws or an employee’s involvement in any misconduct.

Clawback Policy has the meaning set forth in Section 8(b).

Clawback Policy means the Corporation’s written clawback policy, as in effect from time to time;

Clawback Policy means the Clawback Policy of the Company adopted by the Board effective January 1, 2019, or any other recoupment or clawback policy adopted by the Company, as may be amended from time to time, to the extent necessary to address the requirements of applicable law (including Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Dodd-Frank Act”), as codified in Section 10D of the Securities Exchange Act of 1934 (the “Exchange Act”), Section 304 of the Sarbanes-Oxley Act of 2002 (the “Sarbanes Oxley Act”) or any other applicable law).