Bonus clawback clause (short form) | Practical Law

Bonus clawback clause (short form) | Practical Law

A standard clause for insertion into bonus documentation allowing an employer to recover cash amounts that have been paid where the company has had to restate its accounts or has become aware of serious wrongdoing by the recipient of the bonus.

Bonus clawback clause (short form)

Practical Law UK Standard Clause 0-562-9585 (Approx. 9 pages)

Bonus clawback clause (short form)

by Practical Law Employment and Matthew Ramsey, Professional Support Lawyer, Macfarlanes LLP
MaintainedUnited Kingdom
A standard clause for insertion into bonus documentation allowing an employer to recover cash amounts that have been paid where the company has had to restate its accounts or has become aware of serious wrongdoing by the recipient of the bonus.