Document:

Exhibit 10.35

 

WASTE CONNECTIONS, INC. 

COMPENSATION RECOUPMENT POLICY

 

Introduction

 

The Board of Directors (the “Board”)
of Waste Connections, Inc., an Ontario corporation (the “Company”), is dedicated to maintaining and enhancing
a culture that emphasizes integrity and accountability and that reinforces the Company’s pay-for-performance compensation
philosophy. The Board has therefore adopted this policy, which provides for the recoupment of certain executive compensation in
the event of an accounting restatement resulting from material noncompliance with financial reporting requirements under the federal
securities laws (the “Policy”), and which is intended to comply with Section 954 of the Dodd-Frank Act.

 

Administration

 

This Policy shall be administered by the
Board or, if so designated by the Board, the Compensation Committee of the Board, in which case references herein to the Board
shall be deemed references to the Compensation Committee. Any determinations made by the Board shall be final and binding on all
affected individuals.

 

Covered Executives

 

This policy applies to the Company’s
(1) current and former executive officers, as determined by the Board in accordance with Section 10D of the Securities Exchange
Act of 1934, as amended (the “Exchange Act”) and the listing standards of the New York Stock Exchange, (2) current
and former employees who are classified by the Board as corporate officers of the Company, which includes without limitation any
Executive Vice President, Senior Vice President, or Vice President, and (3) such other employees who may from time to time be deemed
subject to the Policy by the Board (“Covered Executives”). For purposes of this Policy, an executive officer
means an executive officer as defined under Section 16 of the Exchange Act.

 

Incentive Compensation Covered By
the Policy

 

For purposes of this Policy, “Incentive
Compensation” means any compensation earned by a Covered Executive, in whole or in part, upon the attainment of the following
measures: (i) any financial reporting measures which are based on accounting principles using the Company’s financial statements,
and any measures derived from these measures; or (ii) Company total shareholder return (“TSR”) (each measured
referred to as a “Financial Goal”). For the avoidance of doubt, salary, discretionary cash bonuses and equity-based
awards that were not granted or earned based on attainment of Financial Goals, and other awards that are based purely on non-Financial
Goals are not subject to this Policy.

 

Accounting Restatement Triggering
Event

 

For purposes of this Policy, a “Restatement”
means an accounting restatement that the Company is required to prepare due to the Company’s material noncompliance with
any financial reporting requirement under the securities laws. For the avoidance of doubt, an accounting restatement that occurs
as a result of a change in accounting principles shall not be deemed a Restatement.

 

    	 	 	 

     

    

 

Recoupment Period Covered and Amount

 

If a Restatement occurs, the Board shall
review all Incentive Compensation paid to Covered Executives on the basis of having met or exceeded specific performance targets
for performance periods during the Restatement period. With respect to each Covered Executive, the Board shall seek to require
the forfeiture or repayment of the Incentive Compensation, whether vested or unvested and including gains on equity, during the
three completed fiscal years preceding the date on which the Company is required to prepare the Restatement, that is in excess
of what would have been awarded to, vested and/or paid to the Covered Executive under the Restatement, either (1) if the Covered
Executive engaged in fraud or intentional misconduct which materially contributed to the need for the Restatement, or (2) to the
extent required by Applicable Rules (defined below) adopted prior to or after the granting of the applicable Incentive Compensation.

 

For purposes of this Policy, compensation
shall be deemed to have been received in the fiscal period in which the financial reporting measure is attained, even if the compensation
is not actually paid until a later date and the compensation is subject to additional service-based or nonFinancial Goal based
vesting conditions after the period ends. The amount to be recovered will be the excess of the Incentive Compensation paid to the
Covered Executive based on the erroneous data in the original financial statements over the Incentive Compensation that would have
been paid to the Covered Executive had it been based on the restated data in the financial statements contained in the Restatement.
If the Financial Goals were tied to TSR, the Board shall make a reasonable estimate as to the impact of the Restatement on the
TSR, and its resulting impact on Incentive Compensation that would have been paid.

 

Method of Recoupment

 

The Board will determine, in its sole discretion,
the method for recouping Incentive Compensation hereunder, which may include, without limitation:

 

		(a)	requiring reimbursement of cash incentive compensation previously paid;

 

		(b)	seeking recovery of any gain realized on the vesting, exercise, settlement, sale, transfer or other
disposition of any equity-based awards;

 

		(c)	offsetting the recouped amount from any compensation otherwise owed by the Company to the Covered
Executive;

 

		(d)	cancelling outstanding vested or unvested equity awards; and/or

 

		(e)	taking any other remedial and recovery action permitted by law, as determined by the Board.

 

No Indemnification

 

The Company shall not indemnify any Covered
Executives against the loss of any incorrectly awarded Incentive Compensation, nor shall the Company provide any insurance protection
against the same.

 

    	 	 	 

     

    

 

Interpretation and Limitations

 

It is intended that this Policy be interpreted
in a manner that is consistent with the requirements of Section 10D of the Exchange Act and any applicable rules or standards adopted
by the Securities and Exchange Commission or any national securities exchange on which the Company’s shares are listed (the
“Applicable Rules”). The Board is authorized to interpret and construe this Policy and to make all determinations
necessary, appropriate or advisable for the administration of this Policy, provided, however, that this Policy must be enforced
if triggered, except to the extent: (i) recoupment would violate foreign home country laws, or (ii) after attempting to recoup
under the Policy, the Board determines that the cost of pursuing recoupment exceeds the recoverable amount.

 

Effective Date

 

This Policy shall be effective as of the
date it is adopted by the Board and shall apply to Incentive Compensation that is approved, granted, awarded or paid out to Covered
Executives for financial reporting measures attained in a fiscal year beginning on or after that date.

 

Amendment; Termination

 

The Board may amend this Policy from time
to time in its discretion and shall amend this Policy as it deems necessary to comply with the requirements of Section 10D of the
Exchange Act and any applicable rules or standards adopted by the Securities and Exchange Commission or any national securities
exchange on which the Company’s shares are listed. The Board may terminate this Policy at any time.

 

Other Recoupment Rights

 

The Board intends that this Policy will
be applied to the fullest extent of the law. The Board may require that any employment agreement, equity award agreement or similar
agreement entered into on or after the Effective Date shall, as a condition to the grant of any benefit thereunder, require a Covered
Executive to agree to abide by the terms of this Policy. Any right of recoupment under this Policy is in addition to, and not in
lieu of, any other remedies or rights of recoupment that may be available to the Company pursuant to the terms of any similar policy
in any employment agreement, equity award agreement, or similar agreement and any other legal remedies available to the Company.

 

Successors

 

This Policy shall be binding and enforceable
against all Covered Executives and their beneficiaries, heirs, executors, administrators or other legal representatives.Exhibit 10.1

 

AMENDED CONSENT AND
LIMITED WAIVER TO BOARD REPRESENTATION AND STANDSTILL AGREEMENT

 

This
Amended Consent and Limited Waiver to the Board Representation and Standstill Agreement is delivered by CCUR Holdings, Inc. (formerly
Concurrent Computer Corporation), a Delaware corporation (the “Company”), on February 15, 2018 to JDS1, LLC,
a Delaware limited liability company (the “Investor”) and Julian D. Singer, in his individual capacity (the
“Investor Affiliate,” and together with the Investor, the Investor Affiliate, and the Affiliates and Associates
of each of the foregoing, the “Investor Group”). Capitalized terms used but not defined herein shall have the
meanings set forth in the Board Representation and Standstill Agreement dated as of August 29, 2016 by and among the Company, the
Investor, the Investor Affiliate, and Wayne Barr in his individual capacity (the “Standstill Agreement”).

 

The Company acknowledges
receipt of a request from the Investor and the Investor Affiliate to permit the Investor Group to acquire additional shares of
Common Stock of the Company in an amount that may result in the Investor Group’s beneficial ownership of up to 30.0% of the
outstanding shares of Common Stock of the Company. The Company hereby consents to the Investor Group’s acquisition of such
additional shares of Common Stock and agrees that, in the performance of its obligations under Section 4.2(a) of the Standstill
Agreement, the Company shall not deem the Investor, Investor Affiliate, or any of their respective Affiliates or Associates to
have effected a “Prohibited Transfer” as defined in the Company’s Restated Certificate of Incorporation, so long
as (i) the Investor, the Investor Affiliate, and any of their respective Affiliates or Associates collectively beneficially own
no more than 30.0% of the outstanding shares of Common Stock of the Company and (ii) any acquisition of Common Stock by the Investor,
the Investor Affiliate, or any of their respective Affiliates or Associates would not reasonably be expected to actually limit
the Company’s ability to utilize the NOLs.

 

This Amended Limited Waiver and Consent
shall be subject to the provisions of Section 4.2(b) of the Standstill Agreement and except as expressly set forth herein, the
Company reserves all rights set forth in the Standstill Agreement.

 

[Signature Page Follows]

 

     

     

    

 

 

CCUR
Holdings, Inc.

 

 

By:/s/ Wayne Barr, Jr.

Name:
Wayne Barr, Jr.

Title:
Executive Chairman, CEO & President 

 

 

ACKNOWLEDGED
BY:

 

JDS1,
LLC

 

 

By:
/s/ Julian Singer

Name:
Julian Singer

Title:
Manager

 

JULIAN
D. SINGER

 

 

/s/
Julian Singer

 

 

 

 

 

 

 

 

[Signature Page to Amended Limited Consent and
Waiver]

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