Common use of Compensation Recoupment Clause in Contracts

Compensation Recoupment. All payments and benefits paid or payable pursuant to this Agreement or any plan, program or arrangement in which the Executive participates shall be subject to any compensation recoupment, clawback or similar policies generally applicable to executives officers of the Company as required by law or as in effect from time to time.

Compensation Recoupment. All payments and benefits paid or payable pursuant to this Agreement or any plan, program or arrangement in which the Executive participates shall be subject to any compensation recoupment, clawback or similar policies generally applicable to executives executive officers of the Company as required by law or as in effect from time to time. The Company shall make any determination for clawback or recoupment in its sole discretion and in accordance with any such policy and applicable law or regulation.