Document ID: 10746

Text:
5\. Claw-Back. Notwithstanding any provision in this Agreement to the contrary, amounts payable hereunder shall be subject to claw-back or disgorgement, to the extent applicable, under (A)the Policies or any claw- back policy adopted by the Company, (B)the Dodd-Frank Wall Street Reform and Consumer Protection Act , as amended, and rules, regulations, and binding, published guidance thereunder, which legislation provides for the clawback and recovery of incentive compensation in the event of certain financial statement restatements and (C)the Sarbanes-Oxley Act of 2002 . If pursuant to Section 10D of the Securities Exchange Act of 1934 , as amended (the Act), the Company (or any of its Subsidiaries or Affiliates) would not be eligible for continued listing, if applicable, under Section 10D(a) of the Act if it (or they) did not adopt policies consistent with Section 10D(b) of the Act, then, in accordance with those policies that are so required, any incentive-based compensation payable to Executive under this Agreement or otherwise shall be subject to claw-back in the circumstances, to the extent, and in the manner, required by Section 10D(b)(2) of the Act, as interpreted by rules of the Securities Exchange Commission. Nothing in this provision is intended to supersede any existing or future claw-back provision adopted or amended by the Company, including, but not limited to the provision that may be set forth in the Companys equity incentive plan.

Named Entities:
52
59
Act
100
103
Act
108
109
Regulation
112
116
Act
148
152
Regulation
168
172
Regulation

Tokenized Text:
5
\
.
Claw-Back
.
Notwithstanding
any
provision
in
this
Agreement
to
the
contrary
,
amounts
payable
hereunder
shall
be
subject
to
claw-back
or
disgorgement
,
to
the
extent
applicable
,
under
(
A
)
the
Policies
or
any
claw
-
back
policy
adopted
by
the
Company
,
(
B
)
the
Dodd-Frank
Wall
Street
Reform
and
Consumer
Protection
Act
,
as
amended
,
and
rules
,
regulations
,
and
binding
,
published
guidance
thereunder
,
which
legislation
provides
for
the
clawback
and
recovery
of
incentive
compensation
in
the
event
of
certain
financial
statement
restatements
and
(
C
)
the
Sarbanes-Oxley
Act
of
2002
.
If
pursuant
to
Section
10D
of
the
Securities
Exchange
Act
of
1934
,
as
amended
(
the
Act
)
,
the
Company
(
or
any
of
its
Subsidiaries
or
Affiliates
)
would
not
be
eligible
for
continued
listing
,
if
applicable
,
under
Section
10D
(
a
)
of
the
Act
if
it
(
or
they
)
did
not
adopt
policies
consistent
with
Section
10D
(
b
)
of
the
Act
,
then
,
in
accordance
with
those
policies
that
are
so
required
,
any
incentive-based
compensation
payable
to
Executive
under
this
Agreement
or
otherwise
shall
be
subject
to
claw-back
in
the
circumstances
,
to
the
extent
,
and
in
the
manner
,
required
by
Section
10D
(
b
)
(
2
)
of
the
Act
,
as
interpreted
by
rules
of
the
Securities
Exchange
Commission
.
Nothing
in
this
provision
is
intended
to
supersede
any
existing
or
future
claw-back
provision
adopted
or
amended
by
the
Company
,
including
,
but
not
limited
to
the
provision
that
may
be
set
forth
in
the
Companys
equity
incentive
plan
.