Common use of Current Recoupment Policy Clause in Contracts

Current Recoupment Policy. Pursuant to the Company’s recoupment policy and to the extent permitted by governing law, the Board, in its discretion, may seek Recovery of the Award granted to you if you are a Current Executive Officer or Former Executive Officer and you, in the judgment of the Board, commit misconduct or a gross dereliction of duty that results in a material violation of Company policy and causes significant harm to the Company while serving in your capacity as Executive Officer.

Appears in 25 contracts

Sources: Global Restricted Stock Unit Award Agreement (Boston Scientific Corp), Global Non Qualified Stock Option Agreement (Boston Scientific Corp), Performance Share Unit Award Agreement (Boston Scientific Corp)

Current Recoupment Policy. Pursuant to the Company’s 's recoupment policy and to the extent permitted by governing law, the Board, in its discretion, may seek Recovery of the Award granted to you if you are a Current Executive Officer or Former Executive Officer and you, in the judgment of the Board, commit misconduct or a gross dereliction of duty that results in a material violation of Company policy and causes significant harm to the Company while serving in your capacity as Executive Officer.

Appears in 8 contracts

Sources: Global Non Qualified Stock Option Agreement, Performance Share Unit Award Agreement (Boston Scientific Corp), Performance Share Unit Award Agreement (Boston Scientific Corp)

Current Recoupment Policy. Pursuant to the Company’s recoupment policy and to the extent permitted by governing law, the Board, in its discretion, may seek Recovery of the Award granted to you if you are a Current Executive Officer or Former Executive Officer and youif, in the judgment of the Board, you commit misconduct or a gross dereliction of duty that results in a material violation of Company policy and causes significant harm to the Company while serving in your capacity as Executive Officer.

Appears in 6 contracts

Sources: Performance Share Unit Award Agreement (Boston Scientific Corp), Performance Share Unit Award Agreement (Boston Scientific Corp), Performance Share Unit Award Agreement (Boston Scientific Corp)

Current Recoupment Policy. Pursuant to the Company’s 's recoupment policy and to the extent permitted by governing law, the Board, in its discretion, may seek Recovery of the Award granted to you if you are a Current Executive Officer or Former Executive Officer and youif, in the judgment of the Board, you commit misconduct or a gross dereliction of duty that results in a material violation of Company policy and causes significant harm to the Company while serving in your capacity as Executive Officer.

Appears in 4 contracts

Sources: Performance Share Unit Award Agreement (Boston Scientific Corp), Performance Share Unit Award Agreement (Boston Scientific Corp), Performance Share Unit Award Agreement (Boston Scientific Corp)

Current Recoupment Policy. Pursuant to the Company’s recoupment policy and to the extent permitted by governing law, the Board, in its discretion, may seek Recovery of the Award granted to you if you are a Current Executive Officer or Former Executive Officer and youif, in the judgment of the Board, you commit misconduct or a gross dereliction of duty that results in a material violation of Company policy and causes significant harm to the Company while serving in your capacity as Executive Officer.. -Rev. 1.2018 TSR Program

Appears in 1 contract

Sources: Performance Share Unit Award Agreement (Boston Scientific Corp)