Common use of Clawback and Recovery Clause in Contracts

Clawback and Recovery. (x) In the event that Employee breaches any of the Restrictive Covenants in Sections 10(a) – (e), in addition to its remedies under Section 10(g), the Company, in its sole discretion, may take one or more of the following actions with respect to this Option (and shall, in any event, take all action required by applicable law):

Appears in 4 contracts

Samples: Stock Option Agreement (Christopher & Banks Corp), Stock Option Agreement (Christopher & Banks Corp), Stock Option Agreement (Christopher & Banks Corp)

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Clawback and Recovery. (x) In the event that Employee breaches any of the Restrictive Covenants in Sections 10(a5(a) – (e), in addition to its remedies Remedies under Section 10(g5(g), the Company, in its sole discretion, may take one or more of the following actions with respect to this Option Employee’s Award (and shall, in any event, take all action required by applicable law):

Appears in 2 contracts

Samples: Restricted Stock Agreement (Christopher & Banks Corp), Restricted Stock Agreement (Christopher & Banks Corp)

Clawback and Recovery. (x) In the event that Employee breaches any of the Restrictive Covenants in Sections 10(a5(a) - (e), in addition to its remedies Remedies under Section 10(g5(g), the Company, in its sole discretion, may take one or more of the following actions with respect to this Option Employee’s Award (and shall, in any event, take all action required by applicable law):

Appears in 1 contract

Samples: Restricted Stock Agreement (Christopher & Banks Corp)

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Clawback and Recovery. (x) In the event that Employee breaches any of the Restrictive Covenants in Sections 10(a) - (e), in addition to its remedies under Section 10(g), the Company, in its sole discretion, may take one or more of the following actions with respect to this Option (and shall, in any event, take all action required by applicable law):

Appears in 1 contract

Samples: Stock Option Agreement (Christopher & Banks Corp)

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