Clawback
A mechanism for the board to recover remuneration that has already been paid or vested to an executive (e.g., in cases of fraud, material misstatement of financials, or gross misconduct).
You may also be interested in
Level 7, 261 George Street Sydney, NSW, 2000 Australia
Main: +61 2 9270 2900
Fax: +61 2 9270 2999
Level 4, 454 Collins Street Melbourne, VIC, 3000 Australia
Main: +61 3 9600 0295
Fax: +61 3 9670 0936