Common use of Triggering Event Clause in Contracts

Triggering Event. A “Triggering Event” shall be deemed to occur when and if, (i) there is a Material Restatement and (ii) the Material Restatement was due, in whole or in part, to the Executive’s misconduct (including, without limitation, fraud, and violation of law or Company policy).

Appears in 9 contracts

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

Triggering Event. A "Triggering Event" shall be deemed to occur when and if, (i) there is a Material Restatement and (ii) the Material Restatement was due, in whole or in part, to the Executive’s misconduct (including, without limitation, fraud, and violation of law or Company policy).

Appears in 4 contracts

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