Recoupment Provision. In the event of a restatement of the Company’s consolidated financial statements that is caused, in whole or in part, by the intentional misconduct of the Team Member, the Company may take one or more of the following actions with respect to the Award, as determined by the Human Resources & Compensation Committee of the Board in its sole discretion, and the Team Member shall be bound by such determination: (a) cancel all or a portion of the PSUs, whether earned or unearned, including any dividend equivalents related to the Award; and (b) require repayment of all or any portion of the amounts realized or received by the Team Member resulting from the conversion of PSUs to Shares or the sale of Shares related to the Award.
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Recoupment Provision. In the event of a restatement of the Company’s consolidated financial statements that is caused, in whole or in part, by the intentional misconduct of the Team Member, the Company may take one or more of the following actions with respect to the Award, as determined by the Human Resources & Compensation Committee of the Board in its sole discretion, and the Team Member shall be bound by such determination:
(a) cancel all or a portion of the PSUsRSUs, whether earned vested or unearnedunvested, including any dividend equivalents related to the Award; and
(b) require repayment of all or any portion of the amounts realized or received by the Team Member resulting from the conversion of PSUs RSUs to Shares or the sale of Shares related to the Award.
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