Clawback Rights definition

Clawback Rights means the rights of Spectranetics to recover Legal Fees and Expenses advanced to or on behalf of ▇▇▇▇ commencing with the date that the Federal Investigation started, in the event that the verdict or findings at the Trial would result in ▇▇▇▇’▇ being required to repay amounts, whether those rights arise under the DGCL, the Charter Documents, or the Undertaking.

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Clawback Rights means the payment rights under each of the Settlement Agreements.

Clawback Rights. Rights. Notwithstanding any other provision of this Section 2, if the Company's MVE is less than the applicable Target MVE on any Target Date, but the Company's MVE is equal to or exceeds the applicable Target MVE on any subsequent Target Date prior to January 1, 2003, all Performance Vested Shares which have not been previously released from the Repurchase Option in any prior year shall thereupon be released from the Repurchase Option.

Examples of Clawback Rights in a sentence

All determinations by the Compensation Committee with respect to the Clawback Rights shall be final and binding on the Company and Executive.
All determinations by the Compensation Committee with respect to the Clawback Rights shall be final and binding on the Company and the Executive.
The parties acknowledge it is their intention that the foregoing Clawback Rights as relates to Restatements conform in all respects to the provisions of the ▇▇▇▇-▇▇▇▇▇ ▇▇▇▇ Street Reform and Consumer Protection Act of 2010 (the “▇▇▇▇ ▇▇▇▇▇ Act”) and requires recovery of all “incentive-based” compensation, pursuant to the provisions of the ▇▇▇▇ ▇▇▇▇▇ Act and any and all rules and regulations promulgated thereunder from time to time in effect.
The Clawback Rights shall terminate following a Change of Control, subject to applicable law, rules and regulations.
The Clawback Rights shall terminate following a Change of Control as defined in Section 12(f), subject to applicable law, rules and regulations.
The parties acknowledge it is their intention that the foregoing Clawback Rights as relates to Restatements conform in all respects to the provisions of the D▇▇▇-F▇▇▇▇ ▇▇▇▇ Street Reform and Consumer Protection Act of 2010 (the “D▇▇▇ ▇▇▇▇▇ Act”) and requires recovery of all “incentive-based” compensation, pursuant to the provisions of the D▇▇▇ ▇▇▇▇▇ Act and any and all rules and regulations promulgated thereunder from time to time in effect.
The Clawback Rights shall be subject to applicable law, rules and regulations.
The parties acknowledge it is their intention that the foregoing Clawback Rights as relates to Restatements conform in all respects to the provisions of the D▇▇▇-F▇▇▇▇ ▇▇▇▇ Street Reform and Consumer Protection Act of 2010 (“D▇▇▇-▇▇▇▇▇ Act”) and require recovery of all “incentive-based” compensation, pursuant to the provisions of the D▇▇▇-▇▇▇▇▇ Act and any and all rules and regulations promulgated thereunder from time to time in effect.
All determinations by the Compensation Committee (or the Board, if there is no Compensation Committee) with respect to the Clawback Rights shall be final and binding on the Company and Executive.
The parties acknowledge it is their intention that the foregoing Clawback Rights as relates to Restatements conform in all respects to the provisions of the ▇▇▇▇-▇▇▇▇▇ ▇▇▇▇ Street Reform and Consumer Protection Act of 2010 (“▇▇▇▇-▇▇▇▇▇ Act”) and require recovery of all “incentive-based” compensation, pursuant to the provisions of the ▇▇▇▇-▇▇▇▇▇ Act and any and all rules and regulations promulgated thereunder from time to time in effect.

More Definitions of Clawback Rights

Clawback Rights means the right by the Apollo Stockholders to acquire Securities and Securities Proceeds pursuant to SECTION 2.5 upon the occurrence of any Clawback Determination Event. "CLAWBACK TERMINATION DATE" means the date following the Exit Event upon which the Clawback Rights have been fulfilled in accordance with the terms hereof and the final Clawback Notice.