Recovery Period

Example Definitions of "Recovery Period"
Recovery Period. With respect to any Accounting Restatement, the three completed fiscal years of the Company immediately preceding the Restatement Date, and if the Company changes its fiscal year, any transition period of less than nine months within or immediately following those three completed fiscal years
Recovery Period. The period beginning on the Date of Termination and ending on the date on which a Violation is discovered.
Recovery Period. Means (a) the three completed fiscal years immediately preceding the date that the Corporation is required to prepare an Accounting Restatement, and (b) any “transition period” that results from a change in the Corporation’s fiscal year) within or immediately following those three completed fiscal years as described under Rule 10D-1 and the Listing Standards. For purposes of this Policy: (i) a “transition period” between the last day of the Corporation’s previous fiscal year end and the first... day of its new fiscal year that comprises a period of nine to 12 months would be deemed a completed fiscal year; (ii) the “date that the Corporation is required to prepare the an Accounting Restatement” is the earlier to occur of (1) the date the Board, a committee of the Board, or the officer or officers of the Corporation authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Corporation is required to prepare an Accounting Restatement, or (2) the date a court, regulator, or other legally authorized body directs the Corporation to prepare an Accounting Restatement; and (3) the Corporation’s obligation to recover Erroneously Awarded Compensation is not dependent on if or when the restated financial statements are filed. View More
Recovery Period. Means the three completed fiscal years immediately preceding the date that the Company is required to prepare the applicable Accounting Restatement and any “transition period” as described under Rule 10D-1 and the Listing Standards. For purposes of this Policy, the “date that the Company is required to prepare the applicable Accounting Restatement” is the earlier to occur of (i) the date the Board, a committee of the Board, or the officer or officers of the Company authorized to take such... action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement, or (ii) the date a court, regulator, or other legally authorized body directs the Company to prepare an Accounting Restatement. View More
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