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State and local governments use performance conditions and clawbacks, with some regularity.
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To help mitigate those legal and regulatory risks going forward we are interested in clawback policies with sharper teeth and more transparency in reporting to investors".
It has been negotiating a "clawback" agreement with the city and the authority that would require that the funds be returned to the corporation, should they ultimately be used for private development rather than a performing arts center or some other public purpose.
The proposal deals with "clawbacks" — when the company takes back bonuses from executives.
The G-20 proposals, including deferring some bonuses over three years, with clawbacks for poor performance, are already enshrined in the British financial regulator's own new rules on pay.
One option is deferred compensation with clawbacks.
While the government has focused on pay limits, Wall Street itself is headed toward deferred compensation with clawbacks.
At this point, Zynga is going to have a hard time recruiting the best talent in the world given the layoffs, the present size of the company and the earlier PR nightmare it had with equity clawbacks.
Instead of providing a big universal exemption, Congress has created a grab bag of family-friendly-sounding tax goodies, almost all with income-based clawbacks.
The tax code, meanwhile, is chockablock with phaseouts and clawbacks that make effective tax rates much higher than they appear to be.
People with knowledge of the clawbacks said that pay was taken back from Achilles Macris, Javier Martin-Artajo Martin-Artajo and Bruno Iksilho gained infamy as the London Whale for his large creditraderes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com