A(n)________ gives an employer the right to recoup some or all of an employee's stock option gain if he or she goes to work for a competitor within a certain period of time following exercise of the option.

Question

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A clawback provision allows an employer to reclaim some or all of an employee's stock option gain if certain conditions are met, such as the employee leaving the company to work for a competitor. This is a common provision in stock option agreements. Choices A, B, and D are not accurate terms for this type of provision.

A(n)________ Gives an Employer the Right to Recoup Some or All