Example ContractsClausesclawback of certain compensation and benefits.Variants
Clawback of Certain Compensation and Benefits.
Clawback of Certain Compensation and Benefits. contract clause examples

Clawback of Compensation. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation, or any other compensation, paid to Executive pursuant to this Agreement or any other agreement or arrangement with the Bank that is subject to recovery under any law, government regulation or stock exchange listing requirement will be subject to such deductions and clawbacks as may be required to be made pursuant to such law, government regulation or stock exchange listing requirement (or any policy adopted by the Bank pursuant to any such law, government regulation or stock exchange listing requirement). Notwithstanding the foregoing, repayment by Executive will be required in, but will not be limited to, the following circumstances:

Clawback 1">of Compensation.1">Provisions. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation, or any other compensation, paid to Executive pursuant to this Agreement or any other agreement or arrangement with the 3">Bank that3">Company which is subject to recovery under any law, government 5">regulation5">regulation, or stock exchange listing 7">requirement7">requirement, will be subject to such deductions and 9">clawbacks9">clawback as may be required to be made pursuant to such law, government 11">regulation11">regulation, or stock exchange listing requirement (or any policy adopted by the 13">Bank13">Company pursuant to any such law, government regulation or stock exchange listing requirement).15"> Notwithstanding the foregoing, repayment by Executive will be required in, but will not be limited to, the following circumstances:

Clawback 1">of Compensation.1">Provisions. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation, or any other compensation, paid to Executive pursuant to this Agreement or any other agreement or arrangement with the 3">Bank that3">Company which is subject to recovery under any law, government 5">regulation5">regulation, or stock exchange listing 7">requirement7">requirement, will be subject to such deductions and 9">clawbacks9">clawback as may be required to be made pursuant to such law, government 11">regulation11">regulation, or stock exchange listing requirement (or any policy adopted by the 13">Bank13">Company pursuant to any such law, government regulation or stock exchange listing requirement). 15">Notwithstanding the foregoing, repayment by Executive will be required in, but will not be limited to, the following circumstances:

Clawback 1">of Compensation.1">Provisions. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation, or any other compensation, paid to 3">the Executive pursuant to this Agreement or any other agreement or arrangement with the 5">Bank that5">Company which is subject to recovery under any law, government regulation or stock exchange listing 7">requirement7">requirement, will be subject to such deductions and 9">clawbacks9">clawback as may be required to be made pursuant to such law, government regulation or stock exchange listing requirement (or any policy11"> adopted by the Bank pursuant to any such law, government regulation or stock exchange listing requirement). Notwithstanding the foregoing, repayment by Executive will be required in, but will not be limited to, the following circumstances:

0">Clawback of Compensation. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation, or any other compensation, paid to 2">the Executive pursuant to this Agreement or any other agreement or arrangement with the 4">Bank that4">Company which is subject to recovery under any law, 6">government6">governmental regulation or stock exchange listing requirement8"> or policy of the Company adopted to comply with any such law, regulation, or listing requirement, will be subject to such deductions and 10">clawbacks10">requirements for repayment (“Clawback”) as may be required to be made pursuant to such law, 12">government regulation or12">governmental regulation, stock exchange listing 14">requirement (or any policy adopted by the Bank pursuant to any such law, government regulation14">requirement, or 16">stock exchange listing requirement). Notwithstanding the foregoing, repayment by Executive will be required in, but will not be limited to, the following circumstances:16">policy.

0">Clawback of Compensation. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation, or any other compensation, paid to 2">the Executive pursuant to this Agreement or any other agreement or arrangement with the 4">Bank that4">Company which is subject to recovery under any law, 6">government6">governmental regulation or stock exchange listing requirement8"> or policy of the Company adopted to comply with any such law, regulation, or listing requirement, will be subject to such deductions and 10">clawbacks10">requirements for repayment (“Clawback”) as may be required to be made pursuant to such law, 12">government regulation or12">governmental regulation, stock exchange listing 14">requirement (or any policy adopted by the Bank pursuant to any such law, government regulation14">requirement, or 16">stock exchange listing requirement). Notwithstanding the foregoing, repayment by Executive will be required in, but will not be limited to, the following circumstances:16">policy.

0">Clawback of Compensation.0">Clawback. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based 2">compensation, or 4">any other 6">compensation,6">compensation paid to Executive 8">pursuant to8">under this Agreement or any other agreement or arrangement with the 10">Bank that10">Company which is subject to recovery under any law, government 12">regulation12">regulation, or stock exchange listing requirement will be subject to such deductions and 14">clawbacks as may be14">clawback but only to the extent required 16">to be made pursuant to16">by such law, government 18">regulation18">regulation, or stock exchange listing requirement (or any policy adopted by the 20">Bank20">Company pursuant to any such law, government regulation or stock exchange listing requirement). 22">Notwithstanding22">With respect to any potential clawback or recovery effected or subject to a determination by the 24">foregoing, repayment24">Board, the Board will make its determination for clawback or recovery in good faith, upon advice of counsel, and in accordance with any applicable law or regulation, and to the extent permitted by 26">law, only after # providing Executive 28">will be required in, but will not be limited to,28">prior written notice of the 30">following circumstances:30">deliberation of such potential clawback or recovery and # providing Executive (and his counsel) an opportunity to present to the Board all relevant information related to such determination.

Clawback 1">of Compensation.1">Provisions. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation, or any other compensation, paid to 3">the Executive pursuant to this Agreement or any other agreement or arrangement with the 5">Bank that5">Corporation which is subject to recovery under any law, government regulation or stock exchange listing 7">requirement7">requirement, will be subject to such deductions and 9">clawbacks9">clawback as may be required to be made pursuant to such law, government regulation or stock exchange listing 11">requirement (or11">requirement, or any policy adopted by the 13">Bank13">Corporation and pursuant to any such law, government regulation or stock exchange listing 15">requirement). Notwithstanding15">requirement, including, without limitation, the 17">foregoing, repayment by Executive will17">Corporation's Clawback Policy dated October 28, 2020, as the same may be 19">required in, but will not be limited to, the following circumstances:19">amended, restated or replaced, from time to time.

0">Clawback of Compensation.0">4.9Clawback Provisions. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation, or any other compensation, paid to Executive pursuant to this Agreement or any other agreement or arrangement with the 2">Bank that2">Company which is subject to recovery under any law, government 4">regulation4">regulation, or stock exchange listing 6">requirement6">requirement, will be subject to such deductions and 8">clawbacks8">clawback as may be required to be made pursuant to such law, government 10">regulation10">regulation, or stock exchange listing requirement (or any policy adopted by the 12">Bank12">Company pursuant to any such law, government regulation or stock exchange listing requirement).14"> Notwithstanding the foregoing, repayment by Executive will be required in, but will not be limited to, the following circumstances:

0">Clawback of Compensation.0">4.9Clawback Provisions. Notwithstanding any other provisions in this Agreement to the contrary, any incentive-based compensation, or any other compensation, paid to Executive pursuant to this Agreement or any other agreement or arrangement with the 2">Bank that2">Company which is subject to recovery under any law, government 4">regulation4">regulation, or stock exchange listing 6">requirement6">requirement, will be subject to such deductions and 8">clawbacks8">clawback as may be required to be made pursuant to such law, government 10">regulation10">regulation, or stock exchange listing requirement (or any policy adopted by the 12">Bank12">Company pursuant to any such law, government regulation or stock exchange listing requirement).14"> Notwithstanding the foregoing, repayment by Executive will be required in, but will not be limited to, the following circumstances:

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