Common use of Remedies For Breach of Section 1; Additional Remedies of Clawback and Recoupment Clause in Contracts

Remedies For Breach of Section 1; Additional Remedies of Clawback and Recoupment. (a) I agree, upon demand by the Corporation, to forfeit, return or repay to the Corporation the “Benefits and Proceeds” (as defined below) in the event any of the following occur:

Appears in 21 contracts

Samples: Award Agreement (Lockheed Martin Corp), Award Agreement (Lockheed Martin Corp), Award Agreement (Lockheed Martin Corp)

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Remedies For Breach of Section 1; Additional Remedies of Clawback and Recoupment. (a) I agree, upon demand by the Corporation, to forfeit, return or repay to the Corporation the “Benefits and Proceeds” (as defined below) in the event any of the following occur:: Award Date: February 25, 2021

Appears in 1 contract

Samples: Award Agreement (Lockheed Martin Corp)

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Remedies For Breach of Section 1; Additional Remedies of Clawback and Recoupment. (a) I agree, upon demand by the Corporation, to forfeit, return or repay to the Corporation the “Benefits and Proceeds” (as defined below) in the event any of the following occur:: Award Date: July 27, 2020

Appears in 1 contract

Samples: Award Agreement (Lockheed Martin Corp)

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