The payoff had a clawback element should Zafirovski return to work within a defined period he would agree to refund a percentage of the payoff.
32.
Section 954 of Dodd Frank deals with clawback of compensation policies, which work to ensure that executives do not profit from inaccurate financial reporting.
33.
As the use of incentives mature over time, it is sometimes alleged that the triggering of clawbacks for non performance will likely become more ubiquitous.
34.
In August 2010, Blackstone Group returned $ 3 million in carried interest to the limited partner of a fund as part of a clawback provision.
35.
Clawbacks can be understood to be the contractual elements that stand between the drive for economic development and community development and the slippery slope of corporate welfare.
36.
However, compensation for benefits or payments made in the ordinary course of business pursuant to a bona fide retirement or benefits programme are not subject to clawback.
37.
In 2014, Yazdani agreed to an SEC-negotiated'clawback'of USD $ 2.5 million in earnings and bonuses to be reimbursed to Saba.
38.
She was unable to implement a planned removal of the federal tax credit clawback, and argued that the deficit inherited from the previous government made this change unviable before 2007.
39.
A clawback is a kind of refund that venture capitalists are obliged to make to their investors if they pocket more than their share of profits early in the life of a fund.
40.
But there's an added feature to the deal : In exchange for the fee cut, the VCs want the investors to forgive the equivalent sum in the event of a dreaded clawback.
