claw back

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claw back

the recovery of a sum of money, esp by taxation or a penalty
References in periodicals archive ?
for an excess-pay clawback (such as misconduct) have been satisfied.
The recently announced bonus plan of Israel-based First International Bank (TASE: FTIN) does not have a clawback option.
Some states even complained that the clawback formula penalized them more than it helped.
Parties are increasingly entering into clawback and quick-peek agreements, (15) which denecessitate a traditional privilege review process.
It covers such deal terms as anti-dilution protection, clawback provisions, next-round financing, cram-downs, overhang problems, warrant coverage and liquidation preferences, discussion of the Stock Purchase Agreement, and model documents, opinion letters and a due diligence checklist.
However, companies that fail to meet or sustain these requirements commonly trigger clawback provisions, which can include repayment of awarded incentives.
Mr Ladanyi, of accountants Chantrey Vellacott DFK, called on Mr Brown to end the clawback.
Council bosses say ways of getting the cash back from Lloyds TSB are being explored but refuse to reveal whether there is a clawback clause in the agreement.
actions that trigger clawbacks, employees covered by anti-hedging and clawback policies, etc.
7 million during the third quarter of 2015 and the elimination of the FDIC indemnification asset and the FDIC clawback liability.
Specifically, we could have given boards of directors broad discretion to the clawbacks allowing the boards to determine whether to pursue a clawback, whether to settle a clawback obligation for less than the full amount, whether there is a minimum amount of compensation that is not worth pursuing or whether to recover through an alternative method," he said during the meeting.