Common use of Recoupment Clause in Contracts

Recoupment. Notwithstanding any other provision of this Agreement, to the extent required by applicable law, including the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act, or pursuant to the Company’s policy as may be in effect, the Company shall have the right to seek recoupment of all or any portion of an Award (including by forfeiture of any outstanding Award Shares or by the Grantee’s remittance to the Company of Award Shares pursuant to which the restrictions previously lapsed or of a cash payment equal to Award Shares pursuant to which the restrictions previously lapsed). The value with respect to which such recoupment is sought shall be determined by the Company. The Company shall be entitled, as permitted by applicable law, to deduct the amount of such payment from any amounts the Company may owe to the Grantee.

Recoupment. Notwithstanding any other provision of this Agreement, to the extent required by applicable law, including the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act, or pursuant to the Company’s policy as may be in effect, the Company shall have the right to seek recoupment of all or any portion of an Award Option (including by forfeiture of any the then outstanding Award Shares and unexercised portion of the Option (whether vested or unvested) or by the Grantee’s remittance to the Company of Award Shares pursuant to which Common Stock acquired on exercise of the restrictions previously lapsed Option or of a cash payment equal to Award Shares pursuant to which for the restrictions previously lapsedvalue thereof). The value with respect to which such recoupment is sought shall be determined by the Company. The Company shall be entitled, as permitted by applicable law, to deduct the amount of such payment from any amounts the Company may owe to the Grantee.

Recoupment. Notwithstanding any other provision of this Agreement, to the extent required by applicable law, including the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act, or pursuant to the Company’s policy as may be in effect, the Company shall have the right to seek recoupment of all or any portion of an Award (including by forfeiture of any outstanding Award Shares or by the Grantee’s remittance to the Company of Award Shares pursuant to which the restrictions previously lapsed or of a cash payment equal to Award Shares pursuant to which the restrictions previously lapsed). The value with respect to which such recoupment is sought shall be determined by the Company. The Company shall be entitled, as ​ AAR Performance Restricted Stock Agreement FY2022 ​ permitted by applicable law, to deduct the amount of such payment from any amounts the Company may owe to the Grantee.

Recoupment. Notwithstanding any other provision of this Agreement, to the extent required by applicable law, including the XxxxDxxx-Xxxxx Fxxxx Xxxx Street Reform and Consumer Protection Act, or pursuant to the Company’s policy as may be in effect, the Company shall have the right to seek recoupment of all or any portion of an Award (including by forfeiture of any outstanding Award Shares or by the Grantee’s remittance to the Company of Award Shares pursuant to which the restrictions previously lapsed or of a cash payment equal to Award Shares pursuant to which the restrictions previously lapsed). The value with respect to which such recoupment is sought shall be determined by the Company. The Company shall be entitled, as permitted by applicable law, to deduct the amount of such payment from any amounts the Company may owe to the Grantee.

Recoupment. Notwithstanding any other provision of this Agreement, to the extent required by applicable law, including the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act, or pursuant to the Company’s policy as may be in effect, the Company shall have the right to seek recoupment of all or any portion of an Award (including by forfeiture of any outstanding Award Shares or by the Grantee’s remittance to the Company of Award Shares pursuant to which the restrictions previously lapsed or of a cash payment equal to Award Shares pursuant to which the restrictions previously lapsed). The value with respect to which such recoupment is sought shall be determined by the Company. The Company shall be entitled, as permitted by applicable law, to deduct the amount of such payment from any amounts the Company may owe to the Grantee.. ​ ​ AAR Performance Restricted Stock Agreement FY2023 ​