Common use of Clawback Clause in Contracts

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based or other compensation paid to the Executive under this Agreement or any other agreement or arrangement with the Company that is subject to recovery under any applicable law, government regulation, or stock exchange rule or listing requirement will be subject to such deductions and clawback as may be required or permitted to be made pursuant to such law, government regulation, or stock exchange rule or listing requirement or any policy adopted by the Company.

Appears in 7 contracts

Sources: Employment Agreement (XCF Global, Inc.), Employment Agreement (XCF Global, Inc.), Employment Agreement (XCF Global, Inc.)

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation or any other compensation paid to the Executive under pursuant to this Agreement (or any other agreement or arrangement with the Company that Company) which is subject to recovery under any applicable law, government regulation, regulation or stock exchange rule or listing requirement will be subject to such deductions and clawback as may be required or permitted to be made pursuant to such law, government regulation, regulation or stock exchange rule or listing requirement (or any policy adopted by the CompanyCompany pursuant to any such law, government regulation or stock exchange listing requirement).

Appears in 6 contracts

Sources: Executive Employment Agreement (Big Lots Inc), Employment Agreement (Big Lots Inc), Employment Agreement (Big Lots Inc)

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any bonus, incentive-based, equity-based or other similar compensation paid to the Executive under pursuant to this Agreement or any other agreement or arrangement with the Company that which is subject required to recovery be recovered under any applicable law, government regulation, regulation or stock exchange rule or listing requirement will be subject to such deductions and clawback as may be required or permitted to be made pursuant to such law, government regulation, regulation or stock exchange rule or listing requirement (or any policy adopted by the CompanyCompany pursuant to any such law, government regulation or stock exchange listing requirement).

Appears in 5 contracts

Sources: Executive Employment Agreement (Columbia Property Trust, Inc.), Executive Employment Agreement (Columbia Property Trust, Inc.), Executive Employment Agreement (Chambers Street Properties)

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation, or any other compensation compensation, paid to the Executive under pursuant to this Agreement or any other agreement or arrangement with the Company that which is subject to recovery under any applicable law, government governmental regulation, or stock exchange rule or listing requirement requirement, will be subject to such deductions and clawback as may be required or permitted to be made pursuant to such law, government regulation, regulation or stock exchange rule or listing requirement or any policy adopted by the Companyrequirement.

Appears in 4 contracts

Sources: Executive Employment Agreement (Surna Inc.), Executive Employment Agreement (Surna Inc.), Executive Employment Agreement (Surna Inc.)

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based or other compensation paid to the Executive under pursuant to this Agreement or any other agreement or arrangement with the Company that Company, which is subject to recovery under any applicable law, government regulation, regulation or stock exchange rule or listing requirement requirement, will be subject to such deductions and clawback as may be required or permitted to be made pursuant to such law, government regulation, regulation or stock exchange rule or listing requirement (or any policy adopted by the CompanyCompany pursuant to any such law, government regulation or stock exchange listing requirement). In no event will any such deduction or clawback be deemed to constitute or contribute to Good Reason.

Appears in 4 contracts

Sources: Employment Agreement (Tidewater Inc), Employment Agreement (Tidewater Inc), Employment Agreement (Gulfmark Offshore Inc)

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based or other compensation paid to the Executive under this Agreement or any other agreement or arrangement with the Company that which is subject to recovery under any applicable law, government regulation, or stock exchange rule or listing requirement will be subject to such deductions and clawback as may be required or permitted to be made pursuant to such law, government regulation, or stock exchange rule or listing requirement (or any policy adopted by the CompanyCompany pursuant to any such law, government regulation or stock exchange listing requirement).

Appears in 4 contracts

Sources: Employment Agreement (Toughbuilt Industries, Inc), Employment Agreement (Toughbuilt Industries, Inc), Employment Agreement (Toughbuilt Industries, Inc)

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based or other compensation paid to the Executive Employee under this Agreement or any other agreement or arrangement with the Company that which is subject to recovery under any applicable Company policy, law, government regulation, or stock exchange rule or listing requirement will be subject to such deductions and clawback as may be required or permitted to be made pursuant to such Company policy (whether in existence as of the Effective Date or later adopted), law, government regulation, or stock exchange rule or listing requirement or any policy adopted by the Companyrequirement.

Appears in 3 contracts

Sources: Employment Agreement (California Resources Corp), Employment Agreement (California Resources Corp), Employment Agreement (California Resources Corp)

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based or other compensation amount paid to Employee pursuant to the Executive under this Agreement or any other agreement or arrangement with the Company that which is subject to recovery under any applicable law, government regulation, regulation or stock exchange rule or listing requirement will be subject to such deductions and clawback as may be required or permitted to be made pursuant to such law, government regulation, regulation or stock exchange rule or listing requirement (or any policy adopted by the CompanyCompany pursuant to any such law, government regulation or stock exchange listing requirement).

Appears in 3 contracts

Sources: Transition Letter Agreement (Ultragenyx Pharmaceutical Inc.), Transition Agreement (Ultragenyx Pharmaceutical Inc.), Separation Agreement (Ultragenyx Pharmaceutical Inc.)

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based or other Any compensation paid to the Executive under pursuant to this Agreement or any other agreement or arrangement with the Company that or its Affiliates, which is subject to recovery under any applicable law, government regulation, regulation or stock exchange rule or listing requirement (whether in effect now or in the future), will be subject to such deductions and clawback as may be required or permitted to be made pursuant to such law, government regulation, regulation or stock exchange rule or listing requirement (or any policy adopted by the CompanyCompany to the extent required by any such law, government regulation or stock exchange listing requirement).

Appears in 3 contracts

Sources: Employment Agreement (Spirit Aviation Holdings, Inc.), Employment Agreement (Sun Country Airlines Holdings, Inc.), Employment Agreement (Sun Country Airlines Holdings, Inc.)

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based amounts paid or other compensation paid provided to the Executive under Employee pursuant to this Agreement or any other agreement or arrangement with the Company that is Agreement, which amounts are subject to recovery under any applicable law, government regulation, or stock exchange rule listing requirement, or listing requirement any policy adopted by the Company from time to time, will be subject to such deductions and clawback as may be required or permitted to be made pursuant to such law, government regulation, or stock exchange rule listing requirement, or listing requirement or any policy adopted by the Companyas in effect from time to time.

Appears in 3 contracts

Sources: Cash Incentive Unit Agreement (Unum Group), Cash Incentive Unit Agreement (Unum Group), Restricted Stock Unit Agreement (Unum Group)

Clawback. Notwithstanding any other provisions in provision of this Agreement to the contrary, any incentive-based incentive compensation (whether cash or other compensation paid to the equity) received by Executive under this Agreement or any other agreement or arrangement with the Company that which is subject to recovery under any applicable law, government regulation, order or stock exchange rule or listing requirement requirement, will be subject to such deductions and clawback (recovery) as may be required or permitted to be made pursuant to such law, government regulation, order or stock exchange rule or listing requirement or any policy adopted by and Executive agrees and consents to the Company’s enforcement and implementation of the foregoing.

Appears in 2 contracts

Sources: Employment Agreement (Andina II Holdco Corp.), Employment Agreement (Andina II Holdco Corp.)

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based or other compensation amount paid to the Executive under Employee pursuant to this Agreement or any other agreement or arrangement with the Company that which is subject to recovery under any applicable law, government regulation, regulation or stock exchange rule or listing requirement will be subject to such deductions and clawback as may be required or permitted to be made pursuant to such law, government regulation, regulation or stock exchange rule or listing requirement (or any policy adopted by the CompanyCompany pursuant to any such law, government regulation or stock exchange listing requirement).

Appears in 2 contracts

Sources: Transition Agreement and General Release (Acelrx Pharmaceuticals Inc), Confidential Separation Agreement (Urovant Sciences Ltd.)

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation, or any other compensation compensation, paid to the Executive under Officer pursuant to this Agreement or any other agreement or arrangement with the Company Group that is subject to recovery under any applicable law, government regulation, or stock exchange rule or listing requirement requirement, will be subject to such deductions and clawback as may be required or permitted to be made pursuant to such law, government regulation, or stock exchange rule or listing requirement (or any policy adopted by the CompanyCompany pursuant to any such law, government regulation or stock exchange listing requirement).

Appears in 2 contracts

Sources: Employment Agreement (Meta Financial Group Inc), Employment Agreement (Meta Financial Group Inc)

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation, or any other compensation compensation, paid to the Executive under pursuant to this Agreement or any other agreement or arrangement with the Company that which is subject to recovery under any applicable law, government regulation, regulation or stock exchange rule or listing requirement requirement, will be subject to such deductions and clawback as may be required or permitted to be made pursuant to such law, government regulation, regulation or stock exchange rule or listing requirement (or any policy adopted by the CompanyCompany pursuant to any such law, government regulation or stock exchange listing requirement).

Appears in 2 contracts

Sources: Employment Agreement (Dorman Products, Inc.), Employment Agreement (Dorman Products, Inc.)

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation, or any other compensation compensation, paid to the Executive under Employee pursuant to this Agreement or any other agreement or arrangement with the Company that which is subject to recovery under any applicable law, government governmental regulation, or stock exchange rule or listing requirement requirement, will be subject to such deductions and clawback as may be required or permitted to be made pursuant to such law, government regulation, regulation or stock exchange rule or listing requirement or any policy adopted by the Companyrequirement.

Appears in 2 contracts

Sources: Employment Agreement (Surna Inc.), Employment Agreement (Surna Inc.)

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based or other compensation gross amounts paid to the Executive under Employee pursuant to this Agreement or any other agreement or arrangement with the Company that Group which is subject to recovery under any applicable law, government regulation, regulation or stock exchange rule or listing requirement will be subject to such deductions and clawback as may be required or permitted to be made pursuant to such law, government regulation, regulation or stock exchange rule or listing requirement (or any policy adopted by the Companyapplicable member of the Company Group pursuant to any such law, government regulation or stock exchange listing requirement).

Appears in 2 contracts

Sources: Separation Agreement (Myovant Sciences Ltd.), Separation Agreement (Myovant Sciences Ltd.)

Clawback. Notwithstanding any other provisions provision in this Agreement to the contraryAgreement, any incentive-based or other compensation paid to the Executive under pursuant to this Agreement or any other agreement or arrangement with otherwise by the Company or any Affiliate that is subject to recovery under any applicable law, government regulation, or stock exchange rule or listing requirement requirement, will be subject to such deductions and clawback as may be required or permitted to be made pursuant to such law, government regulation, or stock exchange rule or listing requirement (or any policy adopted by the CompanyCompany or any Affiliate pursuant to any such law, government regulation, or stock exchange listing requirement).

Appears in 1 contract

Sources: Employment Agreement (Kewaunee Scientific Corp /De/)

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation, or any other compensation compensation, paid to the Executive under you pursuant to this Agreement or any other agreement or arrangement with the Company that is or any of its subsidiaries shall be subject to such recovery or deductions as may be required under any applicable law, government regulation, or stock exchange rule or listing requirement will be subject or policy adopted by the Board (as amended from time to such deductions and clawback time) or as may be required or permitted to be made determined by the Board pursuant to such law, government regulation, or stock exchange rule or listing requirement or any policy adopted by the CompanyBoard policy.

Appears in 1 contract

Sources: Employment Agreement (Global Eagle Entertainment Inc.)

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation, or any other compensation paid to the Executive under pursuant to this Agreement or any other agreement or arrangement with the Company (other than the Merger Agreement), that is subject to recovery under any applicable law, government regulation, regulation or stock exchange rule or listing requirement will be subject to such deductions and clawback as may be is required or permitted to be made pursuant to such law, government regulation, regulation or stock exchange rule or listing requirement or any policy adopted by the Companyrequirement.

Appears in 1 contract

Sources: Employment Agreement (1347 Capital Corp)

Clawback. Notwithstanding any other provisions in provision of this Agreement to the contrary, any incentive-based compensation, or any other compensation compensation, paid to the Executive under Officer pursuant to this Agreement or under any other agreement or arrangement with the Company that Company, which is subject to recovery under any applicable law, government regulation, governmental regulation or stock exchange rule listing requirement, or listing requirement will pursuant to any compensation policy adopted by the Company, shall be subject to such deductions deductions, clawback and clawback recovery as may be required or permitted to be made pursuant to such law, government governmental regulation, or stock exchange rule or listing requirement or any policy adopted by the Companypolicy.

Appears in 1 contract

Sources: Employment & Human Resources (Powersecure International, Inc.)

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation, or any other compensation compensation, paid to the Executive under you pursuant to this Agreement or any other agreement or arrangement with the Company that is or any of its subsidiaries shall be subject to such recovery or deductions as may be required under any applicable law, government regulation, or stock exchange rule or listing requirement will be subject or policy adopted by the Board from time to such deductions and clawback time or as may be required or permitted to be made determined by the Board pursuant to such law, government regulation, or stock exchange rule or listing requirement or any Board policy adopted by the Companyfrom time to time.

Appears in 1 contract

Sources: Employment Agreement (Global Eagle Entertainment Inc.)

Clawback. Notwithstanding any other provisions in provision of this Agreement to the contrary, any incentive-based compensation, or any other compensation compensation, paid to the Executive under Employee pursuant to this Agreement or under any other agreement or arrangement with the Company that Company, which is subject to recovery under any applicable law, government regulation, governmental regulation or stock exchange rule listing requirement, or listing requirement will pursuant to any compensation policy adopted by the Company, shall be subject to such deductions deductions, clawback and clawback recovery as may be required or permitted to be made pursuant to such law, government governmental regulation, or stock exchange rule or listing requirement or any policy adopted by the Companypolicy.

Appears in 1 contract

Sources: Employment Agreement (Powersecure International, Inc.)

Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based or other compensation paid to the Executive under this Agreement or any other agreement or arrangement with the Company that is will be subject to recovery under clawback or recoupment as may be required pursuant to any applicable policy currently in place, or adopted by the Company to comply with any law, government regulation, or stock exchange rule or listing requirement will be subject to such deductions and clawback as may be required or permitted to be made pursuant to such law, government regulationrequirement, or stock exchange rule or listing requirement or any policy adopted by the CompanyCompany for any other reason provided such policy applies to senior executives, as each such policy may be amended from time to time.

Appears in 1 contract

Sources: Employment Agreement (Lear Corp)