Common use of Clawback of Benefits Clause in Contracts

Clawback of Benefits. (a) The Company may (i) cause the cancellation of the shares of Restricted Stock subject to this Agreement, (ii) require reimbursement of the shares of Restricted Stock subject to this Agreement by the Recipient or Beneficiary, and (iii) effect any other right of recoupment of equity or other compensation provided under the Plan or this Agreement or otherwise in accordance with any Company policies that currently exist or that may from time to time be adopted or modified in the future by the Company and/or applicable law, including, without limitation the Recoupment Policy adopted by the Committee as in effect on the Date of Grant designated in the Notice and as amended from time to time (each, a “Clawback Policy”). In addition, the Recipient may be required to repay to the Company certain previously paid compensation, whether provided under the Plan or this Agreement or otherwise, in accordance with any Clawback Policy. By accepting the shares of Restricted Stock subject to this Agreement, the Recipient is also agreeing to be bound by any existing or future Clawback Policy adopted by the Company, or any amendments that may from time to time be made to the Clawback Policy in the future by the Company in its discretion (including without limitation any Clawback Policy adopted or amended to comply with applicable laws or stock exchange requirements) and is further agreeing that all of the Recipient’s Award Agreements (and/or awards issued under the Prior Plans) may be unilaterally amended by the Company, without the Recipient’s consent, to the extent that the Company in its discretion determines to be necessary or appropriate to comply with any Clawback Policy.

Clawback of Benefits. (a) The Company may (i) cause the cancellation of the shares of Restricted Stock subject to this AgreementRSUs, (ii) require reimbursement of any benefit conferred under the shares of Restricted Stock subject RSUs to this Agreement by the Recipient or Beneficiary, and (iii) effect any other right of recoupment of equity or other compensation provided under the Plan or this Agreement or otherwise in accordance with any Company policies that currently exist or that may from time to time be adopted or modified in the future by the Company and/or applicable law, including, without limitation the Recoupment Policy adopted by the Committee as in effect on the Date of Grant designated in the Notice and as amended from time to time law (each, a “Clawback Policy”). In addition, the Recipient may be required to repay to the Company certain previously paid compensation, whether provided under the Plan or this an Award Agreement or otherwise, in accordance with any Clawback Policy. By accepting the shares of Restricted Stock subject to this AgreementAward, the Recipient is also agreeing agrees to be bound by any existing or future Clawback Policy adopted by the Company, or any amendments that may from time to time be made to the Clawback Policy in the future by the Company in its discretion (including without limitation any Clawback Policy adopted or amended to comply with applicable laws or stock exchange requirements) and is further agreeing agrees that all of the Recipient’s Award Agreements (and/or awards issued under the Prior PlansPlan) may be unilaterally amended by the Company, without the Recipient’s consent, to the extent that the Company in its discretion determines to be necessary or appropriate to comply with any Clawback Policy.

Clawback of Benefits. (a) The Company may (i) cause the cancellation of the shares of Restricted Stock Shares subject to the RSUs subject to this Agreement, (ii) require reimbursement of the shares of Restricted Stock Shares subject to the RSUs subject to this Agreement by the Recipient or Beneficiary, and (iii) effect any other right of recoupment of equity or other compensation provided under the Plan or this Agreement or otherwise in accordance with any Company policies that currently exist or that may from time to time be adopted or modified in the future by the Company and/or applicable law, including, without limitation the Recoupment Policy adopted by the Committee as in effect on the Date of Grant designated in the Notice and as amended from time to time (each, a “Clawback Policy”). In addition, the Recipient may be required to repay to the Company certain previously paid compensation, whether provided under the Plan or this Agreement or otherwise, in accordance with any Clawback Policy. By accepting the shares of Restricted Stock Shares subject to the RSUs subject to this Agreement, the Recipient is also agreeing to be bound by any existing or future Clawback Policy adopted by the Company, or any amendments that may from time to time be made to the Clawback Policy in the future by the Company in its discretion (including without limitation any Clawback Policy adopted or amended to comply with applicable laws or stock exchange requirements) and is further agreeing that all of the Recipient’s Award Agreements (and/or awards issued under the Prior Plans) may be unilaterally amended by the Company, without the Recipient’s consent, to the extent that the Company in its discretion determines to be necessary or appropriate to comply with any Clawback Policy.

Clawback of Benefits. (a) The Company may (i) cause the cancellation of the shares of Restricted Stock subject to this AgreementOption, (ii) require reimbursement of any benefit conferred under the shares of Restricted Stock subject Option to this Agreement by the Recipient Optionee or Beneficiaryany beneficiary, and (iii) effect any other right of recoupment of equity or other compensation provided under the Plan or this Agreement or otherwise in accordance with any Company policies that currently exist or that may from time to time be adopted or modified in the future by the Company and/or applicable law, including, without limitation the Recoupment Policy adopted by the Committee as in effect on the Date of Grant designated in the Notice and as amended from time to time law (each, a “Clawback Policy”). In addition, the Recipient Optionee may be required to repay to the Company certain previously paid compensation, whether provided under the Plan or this an award Agreement or otherwise, in accordance with any Clawback Policy. By accepting the shares of Restricted Stock subject to this Agreementaward, the Recipient is also agreeing Optionee agrees to be bound by any existing or future Clawback Policy adopted by the Company, or any amendments that may from time to time be made to the Clawback Policy in the future by the Company in its discretion (including without limitation any Clawback Policy adopted or amended to comply with applicable laws or stock exchange requirements) and is further agreeing agrees that all of the RecipientOptionee’s Award award Agreements (and/or awards issued under the Prior PlansPlan) may be unilaterally amended by the Company, without the RecipientOptionee’s consent, to the extent that the Company in its discretion determines to be necessary or appropriate to comply with any Clawback Policy.

Clawback of Benefits. (a) The Company may (i) cause the cancellation of the shares of Restricted Stock subject to this AgreementPRSUs, (ii) require reimbursement of any benefit conferred under the shares of Restricted Stock subject PRSUs to this Agreement by the Recipient or Beneficiary, and (iii) effect any other right of recoupment of equity or other compensation provided under the Plan or this Agreement or otherwise in accordance with any Company policies that currently exist or that may from time to time be adopted or modified in the future by the Company and/or applicable law, including, without limitation the Recoupment Policy adopted by the Committee as in effect on the Date of Grant designated in the Notice and as amended from time to time law (each, a “Clawback Policy”). In addition, the Recipient may be required to repay to the Company certain previously paid compensation, whether provided under the Plan or this Agreement an award agreement or otherwise, in accordance with any Clawback Policy. By accepting the shares of Restricted Stock subject to this AgreementPRSU Award, the Recipient is also agreeing agrees to be bound by any existing or future Clawback Policy adopted by the Company, or any amendments that may from time to time be made to the Clawback Policy in the future by the Company in its discretion (including without limitation any Clawback Policy adopted or amended to comply with applicable laws or stock exchange requirements) and is further agreeing agrees that all of the Recipient’s Award Agreements award agreements (and/or awards issued under the Prior PlansPlan) may be unilaterally amended by the Company, without the Recipient’s consent, to the extent that the Company in its discretion determines to be necessary or appropriate to comply with any Clawback Policy.

Clawback of Benefits. (a) The Company Corporation may (i) cause the cancellation of the shares of Restricted Stock subject to this AgreementRSUs, (ii) require reimbursement of any benefit conferred under the shares of Restricted Stock subject RSUs to this Agreement by the Recipient or Beneficiary, and (iii) effect any other right of recoupment of equity or other compensation provided under the Plan or this Agreement or otherwise in accordance with any Company Corporation policies that currently exist or that may from time to time be adopted or modified in the future by the Company Corporation and/or applicable law, including, without limitation the Recoupment Policy adopted by the Committee as in effect on the Date of Grant designated in the Notice and as amended from time to time law (each, a “Clawback Policy”). In addition, the Recipient may be required to repay to the Company Corporation certain previously paid compensation, whether provided under the Plan or this an Award Agreement or otherwise, in accordance with any Clawback Policy. By accepting the shares of Restricted Stock subject to this AgreementAward, the Recipient is also agreeing agrees to be bound by any existing or future Clawback Policy adopted by the CompanyCorporation, or any amendments that may from time to time be made to the Clawback Policy in the future by the Company Corporation in its discretion (including without limitation any Clawback Policy adopted or amended to comply with applicable laws or stock exchange requirements) and is further agreeing agrees that all of the Recipient’s Award Agreements (and/or awards issued under the Prior PlansPlan) may be unilaterally amended by the CompanyCorporation, without the Recipient’s consent, to the extent that the Company Corporation in its discretion determines to be necessary or appropriate to comply with any Clawback Policy.