Common use of Repayment/Forfeiture Clause in Contracts

Repayment/Forfeiture. Any benefits the Grantee may receive hereunder shall be subject to repayment or forfeiture as may be required to comply with (i) any applicable listing standards of a national securities exchange adopted in accordance with Section 954 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act (regarding recovery of erroneously awarded compensation) and any implementing rules and regulations of the U.S. Securities and Exchange Commission adopted thereunder, (ii) similar rules under the laws of any other jurisdiction and (iii) any policies adopted by the Company to implement such requirements, all to the extent determined by the Company in its discretion to be applicable to the Grantee.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (McDonalds Corp), Stock Ownership Plan (McDonalds Corp), Restricted Stock Unit Award Agreement (McDonalds Corp)

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Repayment/Forfeiture. Any benefits the Grantee Optionee may receive hereunder shall be subject to repayment or forfeiture as may be required to comply with (i) any applicable listing standards of a national securities exchange adopted in accordance with Section 954 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act (regarding recovery of erroneously awarded compensation) and any implementing rules and regulations of the U.S. Securities and Exchange Commission adopted thereunder, (ii) similar rules under the laws of any other jurisdiction and (iii) any policies adopted by the Company to implement such requirements, all to the extent determined by the Company in its discretion to be applicable to the GranteeOptionee.

Appears in 4 contracts

Samples: Global Stock Option Agreement (Alexion Pharmaceuticals Inc), Stock Ownership Plan (McDonalds Corp), Stock Ownership Plan (McDonalds Corp)

Repayment/Forfeiture. Any benefits the Grantee you may receive hereunder shall be subject to repayment or forfeiture as may be required to comply with (i) any applicable listing standards of a national securities exchange adopted in accordance with Section 954 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act (regarding recovery of erroneously awarded compensation) and any implementing rules and regulations of the U.S. Securities and Exchange Commission adopted thereunder, (ii) similar rules under the laws of any other jurisdiction and (iii) any policies adopted by the Company to implement such requirements, all to the extent determined by the Company in its discretion to be applicable to the Granteeyou.

Appears in 2 contracts

Samples: Award Agreement (Coca-Cola Enterprises, Inc.), Restricted Stock Unit Award Agreement (Coca-Cola Enterprises, Inc.)

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Repayment/Forfeiture. Any benefits the Grantee Participant may receive hereunder shall be subject to repayment or forfeiture as may be required to comply with (i) any applicable listing standards of a national securities exchange adopted in accordance with Section 954 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act (regarding recovery of erroneously awarded compensation) and any implementing rules and regulations of the U.S. Securities and Exchange Commission adopted thereunder, (ii) similar rules under the laws of any other jurisdiction and (iii) any policies adopted by the Company to implement such requirements, all to the extent determined by the Company in its discretion to be applicable to the GranteeParticipant.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Alexion Pharmaceuticals Inc)

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