Issue link: https://digital.shearman.com/i/1035494
Shearman & Sterling LLP 90 | Clawback Policies Common triggering events for the policies at the Top 100 Companies include: 12 17 22 28 7 11 11 2 11 Violation of restrictive covenants (e.g., noncompetes, nonsolicitation and confidentiality agreements) Violation of law (including embezzlement, theft and bribery) Violation of company policy (including code of conduct and code of ethics) Acts resulting in reputational, financial or other harm to the company Failure of risk management Failure to supervise General fraud or misconduct Termination for cause or misconduct Other detrimental activities of the Top 100 Companies publicly disclose that they maintain a detrimental conduct clawback policy 54 $