Common use of Trading Profits Clause in Contracts

Trading Profits. The Executive shall pay to the Company in cash the amount of any Trading Profits for which recoupment is sought. In addition to or in lieu of the Executive’s obligation to repay Covered Compensation in accordance with the foregoing, the Company may, in its discretion, temporarily or permanently cancel its obligation to make any further payments to the Executive under the STIC Program or to make any further awards to the Executive under the Stock Plan.

Appears in 13 contracts

Samples: Limited Recapture Agreement (Hill-Rom Holdings, Inc.), Limited Recapture Agreement (Hill-Rom Holdings, Inc.), Limited Recapture Agreement (Hill-Rom Holdings, Inc.)

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