CenterPoint Energy 2015 Annual Report Download - page 188
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14. Exclusion from Section 409A. AtalltimespriortothedatethattheCommitteedeterminesthateachPerformance
Goalhasbeenmet(followingthelastdateofthePerformanceCycle)or,ifapplicableunderSection6or7(b),theChangeinControlClosing
DateortheParticipant’sSeparationfromService,respectively,thebenefitpayableunderthisAwardAgreementissubjecttoasubstantial
riskofforfeiturewithinthemeaningofTreasuryRegulation§1.409A-1(d)(oranysuccessorregulation).Accordingly,thisAwardisnot
subjecttoSection409Aundertheshort termdeferralexclusion,andthisAward Agreementshallbeinterpretedandadministered
consistenttherewith.
15. Compliance with Recoupment Policy. Anyamountspayable,paid,ordistributedunderthisAwardAgreementare
subjecttotherecoupmentpolicyoftheCompanyasineffectfromtimetotime.
16. Modification of Award Agreement. Any modification of this Award Agreement shall be binding only if
evidencedinwritingandsignedbyanauthorizedrepresentativeoftheCompany.
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