What is a clawback provision?
A clawback clause is a provision within a business or employment contract that allows—under a prescribed set of circumstances—an organization to reclaim incentive or bonus funds previously paid to an employee.
What is a clawback letter?
A clawback agreement is a specific provision within a legal contract that requires the return of money to an employer in the event of specified actions on behalf of the employee.
What are considered privileged documents?
Privilege is a legal right which allows persons to resist compulsory disclosure of documents and information. The fact that a document is sensitive or confidential is not a bar to disclosure, although privileged documents must be confidential.
What is a clawback agreement e discovery?
A clawback agreement enables the parties in a case to agree – in advance – that if privileged documents are inadvertently produced during discovery, privilege on those documents won’t be waived. Per the clawback agreement, the opposing party agrees to comply with that request and not make a claim of waiver.
What is a clawback provision in hedge fund?
In terms of hedge funds, a clawback clause is a clause in a limited partnership agreement protecting the limited partners from paying more than the agreed upon carried interest percentage when factoring losses.
What is another word for clawback?
What is another word for claw back?
| regain | retrieve |
|---|---|
| recoup | recover |
| win back | reclaim |
| repossess | retake |
| recapture | regain possession of |
What are privileged documents in document review?
Privileged documents are those which need not be disclosed to the other party, neither before nor after the commencement of the trial. Their non-disclosure is allowed by the law itself and the party having such privilege can claim it as a legal right of not disclosing the document containing the concerned information.
What is clawback in mutual fund?
A number of distributors have come under the radar of the Association of Mutual Funds in India (Amfi) for failing to pay back ‘clawback commission’ to asset management companies (AMCs). This involves recovering a part of the upfront commission paid to distributors if clients exit a scheme within a year of entering it.
What is equity clawback?
Equity clawbacks allow the issuer to refinance a certain amount of the outstanding bonds with proceeds from an equity offering, whether initial or follow-on offerings. A typical clawback would be for up to 35% of the outstanding bond issue for three years at a level equal to par, plus the coupon.
What is the opposite of clawback?
Verb. Opposite of to recover or retake, with great effort, something that was lost. lose.
What is privileged material?
Privileged Materials means any documents, materials or other information that (i) are protected by the attorney-client privilege, the attorney work product doctrine, and/or similar privileges, including any opinions of counsel, claim charts and communications to or from counsel, (ii) include confidential or proprietary …