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More Companies are Adopting Executive Compensation Clawback Policies
Michael Melbinger via Winston & Strawn LLP Link to more items from this source
June 4, 2010

Excerpt: Before SOX, companies used compensation clawback provisions primarily to enforce (i) so-called 'bad boy' forfeiture provisions in retirement agreements or (ii) non-compete or other restrictive covenants or the compensation owed to former employees. Seminal moments in the history of compensation clawback provisions include the following[.]

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