Common use of Recoupment Provision Clause in Contracts

Recoupment Provision. Unless otherwise required by the Company’s then-effective Recoupment Policy, 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

Appears in 2 contracts

Sources: Performance Share Unit Agreement (Target Corp), Performance Based Restricted Stock Unit Agreement (Target Corp)