Recovery of Bonus and Incentive Compensation. You will be required to and shall return to the Company any bonus or incentive compensation paid to you by the Company during the CPP Covered Period if such bonus or incentive compensation is paid to you based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.
Appears in 27 contracts
Samples: Securities Purchase Agreement (Atlantic Bancshares, Inc.), Securities Purchase Agreement (1st United Bancorp, Inc.), Securities Purchase Agreement (First Community Corp /Sc/)
Recovery of Bonus and Incentive Compensation. You will be required to and shall return to the Company any bonus or incentive compensation paid to you by the Company during the CPP Covered Period if such bonus or incentive compensation is paid to you based on the Company’s materially inaccurate financial statements or any other materially inaccurate performance metric criteria.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Independent Bank Corp /Mi/), Securities Purchase Agreement (Firstbank Corp)
Recovery of Bonus and Incentive Compensation. You will be required to and shall return to the Company Corporation any bonus or incentive compensation paid to you by the Company Corporation during the CPP Covered Period if such bonus or incentive compensation is paid to you based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Bank of Kentucky Financial Corp), Securities Purchase Agreement (First Financial Bancorp /Oh/)
Recovery of Bonus and Incentive Compensation. You will be required to and shall return to the Company any bonus or incentive compensation paid to which you by the Company receive a legally binding right to payment during the CPP Covered Period (whether or not paid during the CPP Covered Period) if such bonus or incentive compensation is paid to you by the Company based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.
Appears in 1 contract
Samples: Securities Purchase Agreement (BankGreenville Financial CORP)
Recovery of Bonus and Incentive Compensation. You will be required to and shall return to the Company any bonus or incentive compensation paid to you by the Company during the CPP Covered Period if such bonus or incentive compensation is paid to you based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.. UST Sequence No. 701
Appears in 1 contract
Samples: Securities Purchase Agreement (Yadkin Valley Financial Corp)
Recovery of Bonus and Incentive Compensation. You will be required to and shall return to the Company any bonus or incentive compensation paid to you by the Company during the a CPP Covered Period if such bonus or incentive compensation is paid to you the payments were based on the Company’s materially inaccurate financial statements or any other materially inaccurate performance metric criteria.
Appears in 1 contract
Samples: Securities Purchase Agreement (Banctrust Financial Group Inc)
