Common use of Compensation Recoupment Policy Clause in Contracts

Compensation Recoupment Policy. Notwithstanding any other provision of this Agreement, the rights, payments and benefits with respect to the RSUs (including any amounts received by Participant in connection with a sale of Shares received upon the vesting of RSUs) shall be subject to reduction, reimbursement, cancellation, forfeiture, recoupment or return by the Company, to the extent any reduction, reimbursement, cancellation, forfeiture, recoupment or return is required under applicable law or the Company’s Compensation Recoupment Policy or any similar policy that the Company may adopt.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Mimedx Group, Inc.), Restricted Stock Unit Agreement (Mimedx Group, Inc.), Restricted Stock Unit Agreement (Mimedx Group, Inc.)

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Compensation Recoupment Policy. Notwithstanding any other provision of this Agreement, the rights, payments and benefits with respect to the RSUs (including any amounts received by Participant in connection with a sale of Shares received upon the vesting of the RSUs) shall be subject to reduction, reimbursement, cancellation, forfeiture, recoupment or return by the Company, to the extent any reduction, reimbursement, cancellation, forfeiture, recoupment or return is required under applicable law or the Company’s Compensation Recoupment Policy or any similar policy that the Company may adopt.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Mimedx Group, Inc.), Restricted Stock Unit Agreement (Mimedx Group, Inc.), Restricted Stock Unit Agreement (Mimedx Group, Inc.)

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Compensation Recoupment Policy. Notwithstanding any other provision of this Agreement, the rights, payments and benefits with respect to the RSUs (including any amounts received by the Participant in connection with a sale of Shares received upon the vesting of RSUs) shall be subject to reduction, reimbursement, cancellation, forfeiture, recoupment or return by the Company, to the extent any reduction, reimbursement, cancellation, forfeiture, recoupment or return is required under applicable law or the Company’s Compensation Recoupment Policy or any similar policy that the Company may adopt.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Mimedx Group, Inc.), Restricted Stock Unit Agreement (Mimedx Group, Inc.), Restricted Stock Unit Agreement (Mimedx Group, Inc.)

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