Common use of Recoupment Provision Clause in Contracts

Recoupment Provision. In the event of intentional misconduct of the Team Member that causes the Company material financial or material reputational harm, or contributes to a restatement of the Company’s consolidated financial statements, 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 PBRSUs, whether vested or unvested, 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 PBRSUs to Shares or the sale of Shares related to the Award.

Recoupment Provision. In the event of intentional misconduct of the Team Member that causes the Company material financial or material reputational harm, or contributes to a restatement of the Company’s consolidated financial statements, 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 PBRSUsPSUs, whether vested earned or unvestedunearned, 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 PBRSUs PSUs to Shares or the sale of Shares related to the Award.

Recoupment Provision. In the event of intentional misconduct of the Team Member that causes the Company material financial or material reputational harm, or contributes to a restatement of the Company’s consolidated financial statements, 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 PBRSUsRSUs, whether vested or unvested, 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 PBRSUs RSUs to Shares or the sale of Shares related to the Award.

Recoupment Provision. In the event of intentional misconduct of the Team Member that causes the Company material financial or material reputational harm, or contributes to a restatement of the Company’s consolidated financial statements, the Company may take one or more of the following actions with respect to the Award, as determined by the Compensation & Human Resources & Compensation Capital Management 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 PBRSUsRSUs, whether vested or unvested, 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 PBRSUs RSUs to Shares or the sale of Shares related to the Award.

Recoupment Provision. In the event of intentional misconduct of the Team Member that causes the Company material financial or material reputational harm, or contributes to a restatement of the Company’s consolidated financial statements, 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 PBRSUs, whether vested or unvested, 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 PBRSUs to Shares or the sale of Shares related to the Award.

Recoupment Provision. In the event of intentional misconduct of the Team Member that causes the Company material financial or material reputational harm, or contributes to a restatement of the Company’s consolidated financial statementsstatements 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 (the “Compensation Committee”) in its sole discretion, and the Team Member shall be bound by such determination: (a) cancel all or a portion of the PBRSUs, whether vested or unvested, 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 PBRSUs to Shares or the sale of Shares related to the Award.

Recoupment Provision. In the event of intentional misconduct of the Team Member that causes the Company material financial or material reputational harm, or contributes to a restatement of the Company’s consolidated financial statements, 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 PBRSUsPSUs, whether vested earned or unvestedunearned, 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 PBRSUs PSUs to Shares or the sale of Shares related to the Award.