Clawback Policy definition

Clawback Policy is defined in Section 14.

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

• The Award shall be subject to the Company’s Incentive Payment Clawback Policy and the Company’s Executive Officer Incentive Payment Clawback Policy, as required under the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and implementing applicable stock exchange listing standards or rules and regulations thereunder.

• By accepting this Award Agreement, the Participant hereby acknowledges having received, or otherwise having been given access to, and read a copy of the Clawback Policy.

• No recovery of any Award pursuant to the Clawback Policy or the Repayment Obligation shall be treated as an event giving rise to a Participant’s right to terminate employment for “good reason” or “constructive termination” (or any similar term) under any agreement with the Company.

• As a condition to the grant of these Units, including any shares of Stock or payments in connection with these Units, the Participant agrees that he or she will be subject to, and comply with the terms of, the Company's Amended and Restated Clawback Policy and any other applicable clawback policy approved by the Board or any committee thereof, as in effect from time to time, whether approved before or after the Date of Grant (the “Clawback Policy”).

• Awards under the Plan, including this Award and any outstanding Award granted prior to the date hereof, are subject to clawback in accordance with the terms of the Company’s Policy Regarding Clawback of Incentive Compensation, as amended from time to time, and pursuant to any other policy the Company may adopt from time to time as required by applicable law (collectively, the “Clawback Policy”), which Clawback Policy shall apply and be deemed incorporated herein to the extent applicable.

More Definitions of Clawback Policy

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 of Directors of the Company (or a committee thereof), as in effect from time to time, whether approved before or after the effective date of this Agreement. Employee acknowledges and agrees that Employee will be bound by the terms of any such Clawback Policy as if it were set forth in this Agreement.

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

Clawback Policy means any applicable clawback policy approved by the Board or Compensation Committee, as in effect from time to time, whether approved before or after the award of a Grant.

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

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 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).

Clawback Policy means the Company’s Executive Compensation Clawback Policy, as in effect from time to time and as may be amended from time to time.