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The term clawback or claw back refers to any money or benefits that have been given out, but are required to be returned (clawed back) due to special circumstances or events, such as the monies having been received as the result of a financial crime, or where there is a clawback provision in the executive compensation contract.
Enshittification, also known as crapification and platform decay, is the term used to describe the pattern in which online products and services decline in quality over time.
Overage or land-sale overage (also called “claw back”) is a term in land sales used to describe a sum of money in addition to the original sale price which a seller of land may be entitled to receive following completion if and when the buyer complies with agreed conditions.
Wall Street "pay czar" Kenneth Feinberg will ask several financial firms to strengthen so-called clawback provisions, but will not force them to recover bonuses paid at the height of the financial ...
That’s because the law creates an expedited process to claw back regulations finalized during the last 60 session days of the prior Congress, and for a new Congress and president to do so ...
Clawback of "faithless servant" employee compensation [ edit ] Under the faithless servant doctrine, which is a doctrine under the laws of a number of states in the United States, and most notably New York State law , an employee who acts unfaithfully towards his or her employer must forfeit all compensation received during the period of ...
Facebook is full of AI slop. X is full of “free thinkers” peddling conspiracies. Google’s search results are telling us to eat rocks. More and more, it feels like the internet has gone bad.
When liquidating the fund, if the LPs were distributed less than the agreed preferred return, they claw back the missing amount from the carried interest distributed to the GP. [5] [6] The clawback clause is triggered at the very end of the fund, at a time where the General Partner may have already put the clawback amount to other use.