Clawback Rules definition
Examples of Clawback Rules in a sentence
By accepting this Award, the Participant agrees to return to the Company the full amount required by the Clawback Rules.
The Company shall decide, in its sole and absolute discretion, what policies it must adopt in order to comply with such Clawback Rules.
For the avoidance of doubt, if the ▇▇▇▇-▇▇▇▇▇ Clawback Rules and any implementing policy apply to the Participant, then the Company may take action against this Award or any proceeds the Participant receives from it to recover any erroneously awarded compensation the Participant may have received from the Company (whether related to this Award or otherwise), all in accordance with the ▇▇▇▇-▇▇▇▇▇ Clawback Rules and the applicable implementing policy and subject to the requirements of applicable law.
Accordingly, Employee acknowledges and agrees that, to the extent required under the Clawback Rules, Employee shall timely and fully repay any such amounts, on a pre-tax basis, to Option Care and agrees that any such repayment shall, in no event, constitute a breach of Option Care’s obligations hereunder.
Accordingly, Executive acknowledges and agrees that, to the extent required under the Clawback Rules, Executive shall timely and fully repay any such amounts, on a pre-tax basis, to the Company and agrees that any such repayment shall, in no event, constitute a breach of the Company’s obligations hereunder.