Common use of Recoupment Policy Clause in Contracts

Recoupment Policy. The Participant agrees that, subject to the requirements of applicable law, the PSUs, and the right to receive and retain any Company Stock covered by this Agreement, shall be subject to rescission, cancellation or recoupment, in whole or part, if and to the extent so provided under any “clawback” or similar policy of the Company in effect on the Date of Grant or that may be established thereafter.

Appears in 4 contracts

Samples: Performance Stock Unit Grant Agreement (Covetrus, Inc.), Transformation Performance Stock Unit (Covetrus, Inc.), Performance Stock Unit Grant Agreement (Covetrus, Inc.)

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Recoupment Policy. The Participant agrees that, subject to the requirements of applicable law, the PSUsStock Units, and the right to receive and retain any Company Stock covered by this Agreement, shall be subject to rescission, cancellation or recoupment, in whole or part, if and to the extent so provided under any “clawback” or similar policy of the Company in effect on the Date of Grant or that may be established thereafter.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (23andMe Holding Co.), Restricted Stock Unit Agreement (Covetrus, Inc.), Restricted Stock Unit Agreement (23andMe Holding Co.)

Recoupment Policy. The Participant agrees that, subject to the requirements of applicable law, the PSUsStock Units, and the right to receive and retain any Company Stock or cash payments covered by this Agreement, shall be subject to rescission, cancellation or recoupment, in whole or part, if and to the extent so provided under any “clawback” or similar policy of the Company in effect on the Date of Grant or that may be established thereafter.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Covetrus, Inc.), Restricted Stock Unit Agreement (Covetrus, Inc.), Restricted Stock Unit Agreement (23andMe Holding Co.)

Recoupment Policy. The Participant agrees that, subject to the requirements of applicable law, the PSUs, and the right to receive and retain any Company Stock covered by this AgreementStock, shall be subject to rescission, cancellation or recoupment, in whole or part, if and to as provided for under the extent so provided under any “clawback” or similar policy of the Company in effect on the Date of Grant or that may be established thereafterPlan.

Appears in 3 contracts

Samples: Performance Stock Unit Agreement (Allegro Microsystems Inc), Performance Stock Unit Agreement (Allegro Microsystems, Inc.), Performance Stock Unit Agreement (Allegro Microsystems, Inc.)

Recoupment Policy. The Participant agrees that, subject to the requirements of applicable law, the PSUsStock Units, and the right to receive and retain any Company Common Stock or cash payments covered by this Agreement, shall be subject to rescission, cancellation or recoupment, in whole or part, if and to the extent so provided under any “clawback” or similar policy of the Company in effect on the Date of Grant or that may be established thereafter.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Idera Pharmaceuticals, Inc.), Restricted Stock Unit Agreement (Idera Pharmaceuticals, Inc.), Restricted Stock Unit Agreement (Idera Pharmaceuticals, Inc.)

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Recoupment Policy. The Participant agrees that, subject to the requirements of applicable law, the PSUsStock Units, and the right to receive and retain any Company Stock or cash payments covered by this Agreement, shall be subject to rescission, cancellation or recoupment, in whole or DB2/ 37753809.2 part, if and to the extent so provided under any “clawback” or similar policy of the Company in effect on the Date of Grant or that may be established thereafter.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (23andMe Holding Co.)

Recoupment Policy. The Participant agrees that, subject to the requirements of applicable law, the PSUs, and the right to receive and retain any Company Stock covered by this Agreement, shall be subject to rescission, cancellation or recoupment, in whole or part, if and to the extent so provided under any “clawback” or similar policy of the Company in effect on the Date date of grant of Grant or that may be established thereafter.

Appears in 1 contract

Samples: Transformation Performance Stock Unit Agreement (Covetrus, Inc.)

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