Common use of Compensation Recovery (Clawback) Clause in Contracts

Compensation Recovery (Clawback). In the event that Recipient is subject to the Company’s Compensation Recovery Policy, as such policy may be amended from time to time (the “Compensation Recovery Policy”), notwithstanding anything in this Restricted Stock Agreement to the contrary, any Restricted Stock granted hereunder shall be subject to the terms and conditions of the Compensation Recovery Policy.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Health Net Inc), Restricted Stock Agreement (Health Net Inc)

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Compensation Recovery (Clawback). In the event that Recipient is subject to the Company’s Compensation Recovery Policy, as such policy may be amended from time to time (the “Compensation Recovery Policy”), notwithstanding anything in this Restricted Stock Unit Agreement to the contrary, any Restricted Stock Units granted hereunder shall be subject to the terms and conditions of the Compensation Recovery Policy.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Health Net Inc), Form Restricted Stock Unit Agreement (Health Net Inc)

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Compensation Recovery (Clawback). In the event that Recipient is subject to the Company’s Compensation Recovery Policy, as such policy may be amended from time to time (the “Compensation Recovery Policy”), notwithstanding anything in this Restricted Stock Unit Agreement to the contrary, any Restricted Stock Units granted hereunder shall be subject to the terms and conditions of the Compensation Recovery Policy. In addition, any Restricted Stock Units granted hereunder shall be subject to the terms of any other claw-back policy implemented by the Company in accordance with Section 8.16 of the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Health Net Inc)

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