What it is
Clawback provisions recover bonuses when revenue reverses, a restatement lands, the employee leaves before a date, or performance targets are undone after payment. The plan must say it in writing, and repayment terms often include a deadline, an installment plan, and a waiver route.
What to do about it: Ask for the plan document, not a summary. Check the separation clause, the reversal definition, and the deadline, and get your written position before the first demand letter.
Plain-language description of US practice, not legal, tax, or financial advice. The paired guide carries the citations, dates, and thresholds; the state pages carry the local windows.