Common use of Claw-Back Clause in Contracts

Claw-Back. The Supervisory Board may in its sole discretion but acting in good faith, resolve to recoup some or all of the incentive compensation -including any benefits derived therefrom- in all appropriate cases (taking into account all relevant factors, including whether the assertion of a recoupment claim may in its opinion prejudice the interests of the Company and its group companies in any related proceeding or investigation), granted to you as an Annual Incentive, as Performance Shares grants, as shares acquired by you under such grants, as other equity related incentive or otherwise (hereinafter referred to as ‘Incentive Compensation’), if:

Appears in 13 contracts

Samples: Koninklijke Philips Nv, Koninklijke Philips Nv, Koninklijke Philips Nv

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Claw-Back. The Supervisory Board may in its sole discretion but acting in good faith, resolve to recoup some or all of the incentive compensation -including - including any benefits derived therefrom- therefrom - in all appropriate cases (taking into account all relevant factors, including whether the assertion of a recoupment claim may in its opinion prejudice the interests of the Company and its group companies in any related proceeding or investigation), granted to you the Director as an Annual Incentive, as Performance Shares Long Term Incentive grants, as shares acquired by you the Director under such grants, as other equity related incentive or otherwise (hereinafter referred to as ‘Incentive Compensation’), if:

Appears in 3 contracts

Samples: www.signify.com, www.signify.com, www.strandlighting.com

Claw-Back. The Supervisory Board may in its sole discretion but acting in good faith, resolve to recoup some or all of the incentive compensation -including ‐including any benefits derived therefrom- therefrom‐ in all appropriate cases (taking into account all relevant factors, including whether the assertion of a recoupment claim may in its opinion prejudice the interests of the Company and its group companies in any related proceeding or investigation), granted to you as an Annual Incentive, as Performance Shares grants, as shares acquired by you under such grants, as other equity related incentive or otherwise (hereinafter referred to as ‘Incentive Compensation’), if:

Appears in 3 contracts

Samples: www.assets.signify.com, www.assets.signify.com, www.assets.signify.com

Claw-Back. The Supervisory Board may in its sole discretion but acting in good faith, resolve to recoup some or all of the incentive compensation -including – including any benefits derived therefrom- therefrom – in all appropriate cases (taking into account all relevant factors, including whether the assertion of a recoupment claim may in its opinion prejudice the interests of the Company and its group companies in any related proceeding or investigation), granted to you as an Annual Incentive, as Performance Shares grants, as shares acquired by you under such grants, as other equity related incentive or otherwise (hereinafter referred to as ‘Incentive Compensation’), if:

Appears in 2 contracts

Samples: Koninklijke Philips Nv, Koninklijke Philips Nv

Claw-Back. The Supervisory Board may in its sole discretion but acting in good faith, resolve to recoup some or all of the incentive compensation -including - including any benefits derived therefrom- therefrom - in all appropriate cases (taking into account all relevant factors, including whether the assertion of a recoupment claim may in its opinion prejudice the interests of the Company and its group companies in any related proceeding or investigation), granted to you as an Annual Incentive, as Performance Shares grants, as shares acquired by you under such grants, as other equity related incentive or otherwise (hereinafter referred to as ‘Incentive Compensation’), if:

Appears in 1 contract

Samples: www.philips.com

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Claw-Back. The Supervisory Board may in its sole discretion but acting in good faith, resolve to recoup some or all of the incentive compensation -including - including any benefits derived therefrom- therefrom – in all appropriate cases (taking into account all relevant factors, including whether the assertion of a recoupment claim may in its opinion prejudice the interests of the Company and its group companies in any related proceeding or investigation), granted to you as an Annual Incentive, as Performance Shares grants, as shares acquired by you under such grants, as other equity related incentive or otherwise (hereinafter referred to as ‘Incentive Compensation’), if:

Appears in 1 contract

Samples: Koninklijke Philips Nv

Claw-Back. The Supervisory Board may in its sole discretion but acting in good faith, resolve to recoup some or all of the incentive compensation -including any benefits derived therefrom- in all appropriate cases (taking into account all relevant factors, including whether the assertion of a recoupment claim may in its opinion prejudice the interests of the Company and its group companies in any related proceeding or investigation), granted to you the Director as an Annual Incentive, as Performance Shares LTI or other share-based grants, as shares acquired by you the Director under such grants, as other equity related incentive or otherwise (hereinafter referred to as ‘Incentive Compensation’), if:

Appears in 1 contract

Samples: www.assets.signify.com

Claw-Back. The Supervisory Board may in its sole discretion but acting in good faith, resolve to recoup some or all of the incentive compensation -including ‐including any benefits derived therefrom- therefrom‐ in all appropriate cases (taking into account all relevant factors, including whether the assertion of a recoupment claim may in its opinion prejudice the interests of the Company and its group companies in any related proceeding or investigation), granted to you the Director as an Annual Incentive, as Performance Shares LTI or other share‐based grants, as shares acquired by you the Director under such grants, as other equity related incentive or otherwise (hereinafter referred to as ‘Incentive Compensation’), if:

Appears in 1 contract

Samples: www.assets.signify.com

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