Common use of Clawback/Repayment Clause in Contracts

Clawback/Repayment. Any incentive compensation, including, but not limited to this Award and any payments hereunder, will be subject to forfeiture and/or repayment to the extent provided for in any clawback policy of Corebridge or a consolidated affiliate, as in effect from time to time if it is determined that an event (as defined in the applicable policy) has occurred which requires that such incentive compensation be forfeited and/or repaid. By accepting this Award, you acknowledge that any incentive compensation you receive may be forfeited and/or subject to repayment to the extent any such clawback policy applies to you.

Appears in 2 contracts

Sources: Lti Award Agreement (Corebridge Financial, Inc.), Lti Award Agreement (Corebridge Financial, Inc.)