Clawback; Pro Rata Clause Samples
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Clawback; Pro Rata. If you terminate your employment, or if your employment is terminated by the Company for Cause, within one year following the date of your signature below, you will be required to repay to the Company, on a pro-rated basis, the amount of the retention bonus paid to you pursuant to this Retention Bonus Agreement. "Cause" for purposes of this Agreement means that you have engaged in conduct that is dishonest, unethical, immoral, fraudulent, discredits or causes harm to the Company or its affiliates, violates Company policy or violates any state or federal criminal law.
