Common use of Clawback and Recoupment Clause in Contracts

Clawback and Recoupment. All compensation and benefits payable to Executive by the Company and/or its affiliates (including any such amounts payable under this Agreement) will be subject to any clawback or recoupment policies that the Company and/or its affiliates may adopt from time to time, including, without limitation, the Incentive-Based Compensation Recoupment Policy adopted by the Company’s Board of Directors to be effective on January 1, 2019.

Appears in 2 contracts

Samples: Change of Control Agreement (Exterran Corp), Change of Control Agreement (Exterran Corp)

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Clawback and Recoupment. All compensation and benefits payable to the Executive by the Company and/or its affiliates (including any such amounts payable under this Agreement) will be subject to any clawback or recoupment requirements under the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and any clawback or recoupment policies that the Company and/or its affiliates may adopt from time to time, including, without limitation, the Incentive-Based Compensation Recoupment Policy adopted by the Company’s Board of Directors to be effective on January 1, 2019.

Appears in 1 contract

Samples: Severance Benefit Agreement (Exterran Corp)

Clawback and Recoupment. All compensation and benefits payable to Executive by the Company and/or its affiliates (including any such amounts payable under this Agreement) will be subject to any clawback or recoupment requirements under the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and any clawback or recoupment policies that the Company and/or its affiliates may adopt from time to time, including, without limitation, the Incentive-Based Compensation Recoupment Policy adopted by the Company’s Board of Directors to be effective on January 1, 2019.

Appears in 1 contract

Samples: Change of Control Agreement (Exterran Corp)

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Clawback and Recoupment. All compensation and benefits payable to the Executive by the Company and/or its affiliates (including any such amounts payable under this Agreement) will be subject to any clawback or recoupment policies that the Company and/or its affiliates may adopt from time to time, including, without limitation, the Incentive-Based Compensation Recoupment Policy adopted by the Company’s Board of Directors to be effective on January 1, 2019.

Appears in 1 contract

Samples: Severance Benefit Agreement (Exterran Corp)

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