Common use of Cancellation and Rescission of Awards Clause in Contracts

Cancellation and Rescission of Awards. Unless the Award Agreement specifies otherwise, the Committee may cancel, rescind, suspend, withhold, or otherwise limit or restrict any unexercised Award at any time if the Grantee is not in compliance with all applicable provisions of the Award Agreement and the Plan or if the Grantee has a Termination of Affiliation.

Appears in 17 contracts

Samples: Registration Rights Agreement (CSLM Acquisition Corp.), Agreement and Plan of Merger (Big Cypress Acquisition Corp.), Immunic (Immunic, Inc.)

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Cancellation and Rescission of Awards. Unless the Award Agreement specifies otherwise, the The Committee may cancel, rescind, suspend, withhold, withhold or otherwise limit or restrict any unexercised the Award prior to payment at any time if the Grantee Participant is not in compliance with all applicable provisions of the Award this Agreement and the Plan Plan, or if the Grantee has a Termination of AffiliationParticipant engages in any Detrimental Activity.

Appears in 16 contracts

Samples: Performance Stock Units Award Agreement (Biogen Inc.), Market Stock Unit Award Agreement (Biogen Inc.), Performance Stock Units Award Agreement (Biogen Inc.)

Cancellation and Rescission of Awards. Unless the Award Agreement specifies otherwise, the The Committee may cancel, rescind, suspend, withhold, withhold or otherwise limit or restrict any unexercised this Award prior to payment at any time if the Grantee Participant is not in compliance with all applicable provisions of the Award this Agreement and the Plan Plan, or if the Grantee has a Termination of AffiliationParticipant engages in any Detrimental Activity.

Appears in 4 contracts

Samples: Performance Shares Award Agreement (Biogen Idec Inc.), Settled Performance Shares Award Agreement (Biogen Idec Inc.), Market Stock Unit Award Agreement (Biogen Idec Inc.)

Cancellation and Rescission of Awards. Unless the Award Agreement specifies otherwise, the Committee may cancel, rescind, suspend, withhold, withhold or otherwise limit or restrict any unexercised or unsettled Award at any time if the Grantee is not in compliance with all applicable provisions of the Award Agreement and the Plan Plan, or if the Grantee has a Termination is in violation of Affiliationany restrictive covenant or other agreement with an Employer.

Appears in 3 contracts

Samples: Award Agreement (Associated Banc-Corp), Retrophin, Inc., Retrophin, Inc.

Cancellation and Rescission of Awards. Unless the Award Agreement specifies otherwise, the Committee may cancel, rescind, suspend, withhold, or otherwise limit or restrict any unexercised or unsettled Award at any time if the Grantee is not in compliance with all applicable provisions of the Award Agreement and the Plan Plan, or if the Grantee has a Termination is otherwise in violation of Affiliationany restrictive covenant or other agreement with an Employer.

Appears in 2 contracts

Samples: Peabody Energy Corp, Peabody Energy Corp

Cancellation and Rescission of Awards. Unless the Award Agreement specifies otherwise, the The Committee may cancel, rescind, suspend, withhold, withhold or otherwise limit or restrict any unexercised the Award prior to payment at any time if the Grantee Participant is not in compliance with all applicable provisions of the Award this Agreement and the Plan or if the Grantee has a Termination of AffiliationPlan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Bioverativ Inc.)

Cancellation and Rescission of Awards. Unless the Award Agreement specifies otherwise, the Committee may cancel, rescind, suspend, withhold, withhold or otherwise limit or restrict any unexercised unsettled Award at any time if the Grantee is not in compliance with all applicable provisions of the Award Agreement and the Plan Plan, or if the Grantee has a Termination is in violation of Affiliationany restrictive covenant or other agreement with an Employer.

Appears in 1 contract

Samples: Diamond Resorts International, Inc.

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Cancellation and Rescission of Awards. Unless the Award Agreement specifies otherwise, the Committee may cancel, rescind, suspend, withhold, or otherwise limit or restrict any unexercised or unsettled Award at any time if the Grantee is not in compliance with all applicable provisions of the Award Agreement and the Plan or if the Grantee has a Termination is in violation of Affiliationany restrictive covenant or other agreement with an Employer.

Appears in 1 contract

Samples: Form of Award Agreement (Navigators Group Inc)

Cancellation and Rescission of Awards. Unless the Award Agreement specifies otherwise, the Committee may cancel, rescind, suspend, withhold, or otherwise limit or restrict any unexercised Award at any time if the Grantee is not in compliance with all applicable provisions of the Award Agreement and the Plan or if the Grantee has a Termination of AffiliationPlan.

Appears in 1 contract

Samples: Factory Card Outlet Corp

Cancellation and Rescission of Awards. Unless Notwithstanding anything in this Agreement to the Award Agreement specifies otherwisecontrary, the Committee may cancelcancel any unexpired, rescindunpaid, suspend, withholdunvested, or otherwise limit deferred Awards (and an Award that has already been paid, vested, or restrict any unexercised Award delivered may be rescinded) in accordance with this paragraph 9 at any time if the Grantee is you are not in compliance with all other applicable provisions of the Award Agreement and this Agreement, the Plan or if and with the Grantee has a Termination of Affiliation.following conditions:

Appears in 1 contract

Samples: Restricted Share Award Agreement (Tig Holdings Inc)

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