Common use of Clawbacks Clause in Contracts

Clawbacks. Notwithstanding anything herein to the contrary, if Sempra Energy determines, in its good faith judgment, that if the Executive is required to forfeit or to make any repayment of any compensation or benefit(s) to the Company under the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 or pursuant to the ▇▇▇▇-▇▇▇▇▇ ▇▇▇▇ Street Reform and Consumer Protection Act or any other law or pursuant to any formal policy of Sempra Energy, such forfeiture or repayment shall not constitute Good Reason.

Appears in 43 contracts

Sources: Severance Pay Agreement (Southern California Gas Co), Severance Pay Agreement (Southern California Gas Co), Severance Pay Agreement (Southern California Gas Co)