QUANTUM CORP DE
For the period ended Sep 30, 2024. Filed Nov 14, 2024.
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Sep 30, 2024 · Filed Nov 14, 2024
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Item 5. Other Information
On November 9, 2023, the Leadership and Compensation Committee of the Board approved and adopted the Quantum Corporation Executive Compensation Recoupment Policy (the “Clawback Policy”), which was established in accordance with the listing requirements of The Nasdaq Stock Market LLC. The Clawback Policy provides for the recovery or “clawback” of certain erroneously awarded incentive-based compensation in the event that the Company is required to prepare an accounting restatement. The Clawback Policy is effective as of November 9, 2023. The foregoing description of the material terms of Clawback Policy is qualified in its entirety by reference to the full text of the Clawback Policy, which is filed as Exhibit 97 to this Quarterly Report on Form 10-Q and incorporated herein by reference.
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