Clawback Policy definition
Examples of Clawback Policy in a sentence
As used in this paragraph, the terms Accounting Restatement, Erroneously Awarded Compensation, and Recovery Period have the meanings given to them in the Clawback Policy.
The Participant also acknowledges that such Clawback Policy has been provided or made available to the Participant.
In addition, the RSUs, and any payments made with respect to the RSUs, will be subject to such other restrictions as the Committee deems necessary or appropriate, including, without limitation, the Company’s Second Amended and Restated Executive Compensation Recoupment Policy and the Compensation Clawback Policy, each as may be amended (or succeeded) from time to time, to the extent applicable.
The Participant acknowledges and agrees that this Award is subject to the Company’s Clawback Policy in effect on the date hereof and as may be amended from time to time to comply with applicable law and the terms and conditions of which are incorporated by reference into this Agreement.
The Company has adopted the Teleflex Incorporated Incentive Compensation Clawback Policy (“Clawback Policy”).