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Alphabet Inc. – ‘10-K’ for 12/31/23 – ‘EX-97.01’

On:  Tuesday, 1/30/24, at 9:43pm ET   ·   As of:  1/31/24   ·   For:  12/31/23   ·   Accession #:  1652044-24-22   ·   File #:  1-37580

Previous ‘10-K’:  ‘10-K’ on 2/3/23 for 12/31/22   ·   Latest ‘10-K’:  This Filing   ·   16 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

 1/31/24  Alphabet Inc.                     10-K       12/31/23  109:13M

Annual Report   —   Form 10-K   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   2.35M 
 2: EX-10.02    Material Contract                                   HTML     35K 
 3: EX-21.01    Subsidiaries List                                   HTML     30K 
 4: EX-23.01    Consent of Expert or Counsel                        HTML     32K 
 8: EX-97.01    Clawback Policy re: Recovery of Erroneously         HTML     57K 
                Awarded Compensation                                             
 5: EX-31.01    Certification -- §302 - SOA'02                      HTML     34K 
 6: EX-31.02    Certification -- §302 - SOA'02                      HTML     34K 
 7: EX-32.01    Certification -- §906 - SOA'02                      HTML     33K 
14: R1          Cover Page                                          HTML    103K 
15: R2          Audit Information                                   HTML     35K 
16: R3          Consolidated Balance Sheets                         HTML    144K 
17: R4          Consolidated Balance Sheets (Parenthetical)         HTML     59K 
18: R5          Consolidated Statements of Income                   HTML     90K 
19: R6          Consolidated Statements of Comprehensive Income     HTML     75K 
20: R7          Consolidated Statements of Comprehensive Income     HTML     35K 
                (Parenthetical)                                                  
21: R8          Consolidated Statements of Stockholders' Equity     HTML     87K 
22: R9          Consolidated Statements of Cash Flows               HTML    120K 
23: R10         Summary of Significant Accounting Policies          HTML     86K 
24: R11         Revenues                                            HTML     76K 
25: R12         Financial Instruments                               HTML    327K 
26: R13         Leases                                              HTML     53K 
27: R14         Variable Interest Entities                          HTML     35K 
28: R15         Debt                                                HTML     59K 
29: R16         Supplemental Financial Statement Information        HTML    123K 
30: R17         Workforce Reduction and Other Initiatives           HTML     50K 
31: R18         Goodwill                                            HTML     49K 
32: R19         Commitments and Contingencies                       HTML     52K 
33: R20         Stockholders' Equity                                HTML     48K 
34: R21         Net Income Per Share                                HTML    127K 
35: R22         Compensation Plans                                  HTML     44K 
36: R23         Income Taxes                                        HTML    115K 
37: R24         Information about Segments and Geographic Areas     HTML     66K 
38: R25         Subsequent Event                                    HTML     32K 
39: R26         Schedule II: Valuation and Qualifying Accounts      HTML     42K 
40: R27         Pay vs Performance Disclosure                       HTML     42K 
41: R28         Insider Trading Arrangements                        HTML     61K 
42: R29         Summary of Significant Accounting Policies          HTML    161K 
                (Policies)                                                       
43: R30         Revenues (Tables)                                   HTML     72K 
44: R31         Financial Instruments (Tables)                      HTML    367K 
45: R32         Leases (Tables)                                     HTML     56K 
46: R33         Debt (Tables)                                       HTML     58K 
47: R34         Supplemental Financial Statement Information        HTML    130K 
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48: R35         Workforce Reduction and Other Initiatives (Tables)  HTML     51K 
49: R36         Goodwill (Tables)                                   HTML     51K 
50: R37         Stockholders' Equity (Tables)                       HTML     41K 
51: R38         Net Income Per Share (Tables)                       HTML    124K 
52: R39         Compensation Plans (Tables)                         HTML     39K 
53: R40         Income Taxes (Tables)                               HTML    114K 
54: R41         Information about Segments and Geographic Areas     HTML     60K 
                (Tables)                                                         
55: R42         Summary of Significant Accounting Policies -        HTML     84K 
                Narrative (Details)                                              
56: R43         Revenues - Revenue by Segment (Details)             HTML     55K 
57: R44         Revenues - Revenue by Geographic Location           HTML     61K 
                (Details)                                                        
58: R45         Revenues - Narrative (Details)                      HTML     46K 
59: R46         Financial Instruments - Narrative (Details)         HTML     51K 
60: R47         Financial Instruments - Marketable Securities       HTML     90K 
                (Details)                                                        
61: R48         Financial Instruments - Contractual Maturity Date   HTML     43K 
                of Marketable Debt Securities (Details)                          
62: R49         Financial Instruments - Gross Unrealized Losses     HTML     59K 
                and Fair Values for Investments in Unrealized Loss               
                Position (Details)                                               
63: R50         Financial Instruments - Gains and Losses on Equity  HTML     37K 
                Securities (Details)                                             
64: R51         Financial Instruments - Carrying Amount of Equity   HTML     68K 
                Securities (Details)                                             
65: R52         Financial Instruments - Measurement Alternative     HTML     39K 
                Investments (Details)                                            
66: R53         Financial Instruments - Derivative Notional         HTML     45K 
                Amounts (Details)                                                
67: R54         Financial Instruments - Fair Values of Outstanding  HTML     59K 
                Derivative Instruments (Details)                                 
68: R55         Financial Instruments - Effect of Derivative        HTML    103K 
                Instruments on Income and Accumulated Other                      
                Comprehensive Income (Details)                                   
69: R56         Financial Instruments - Offsetting of Financial     HTML     82K 
                Assets and Financial Liabilities (Details)                       
70: R57         Financial Instruments - Summary of Gains and        HTML     41K 
                Losses for Debt Securities (Details)                             
71: R58         Leases - Components of Operating Lease Expense      HTML     36K 
                (Details)                                                        
72: R59         Leases - Supplemental Cash Flow Information         HTML     34K 
                (Details)                                                        
73: R60         Leases - Narrative (Details)                        HTML     46K 
74: R61         Leases - Future Minimum Lease Payments (Details)    HTML     48K 
75: R62         Variable Interest Entities - Narrative (Details)    HTML     62K 
76: R63         Debt - Narrative (Details)                          HTML     56K 
77: R64         Debt - Long-Term Debt (Details)                     HTML     59K 
78: R65         Debt - Future Principal Payments for Borrowings     HTML     50K 
                (Details)                                                        
79: R66         Supplemental Financial Statement Information -      HTML     33K 
                Narrative (Details)                                              
80: R67         Supplemental Financial Statement Information -      HTML     49K 
                Property and Equipment (Details)                                 
81: R68         Supplemental Financial Statement Information -      HTML     46K 
                Accrued Expenses and Other Current Liabilities                   
                (Details)                                                        
82: R69         Supplemental Financial Statement Information -      HTML     62K 
                Components of Accumulated Other Comprehensive                    
                Income (Details)                                                 
83: R70         Supplemental Financial Statement Information -      HTML     67K 
                Reclassifications Out of Accumulated Other                       
                Comprehensive Income (Loss) (Details)                            
84: R71         Supplemental Financial Statement Information -      HTML     54K 
                Components of Other Income (Expense), Net                        
                (Details)                                                        
85: R72         Workforce Reduction and Other Initiatives -         HTML     40K 
                Narrative (Details)                                              
86: R73         Workforce Reduction and Other Initiatives -         HTML     54K 
                Charges Included Within the Statement of Income                  
                (Details)                                                        
87: R74         Workforce Reduction and Other Initiatives -         HTML     40K 
                Changes to Restructuring and Other Accruals                      
                (Details)                                                        
88: R75         Goodwill - Changes in Carrying Amount of Goodwill   HTML     47K 
                (Details)                                                        
89: R76         Commitments and Contingencies - Narrative           HTML     43K 
                (Details)                                                        
90: R77         Stockholders' Equity - Narrative (Details)          HTML     46K 
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                Share (Details)                                                  
93: R80         Compensation Plans - Stock Plans (Details)          HTML     43K 
94: R81         Compensation Plans - Stock Based Compensation       HTML     50K 
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95: R82         Compensation Plans - Stock Based Award Activities   HTML     63K 
                (Details)                                                        
96: R83         Income Taxes - Income From Continuing Operations    HTML     39K 
                Before Income Taxes (Details)                                    
97: R84         Income Taxes - Provision for Income Taxes           HTML     51K 
                (Details)                                                        
98: R85         Income Taxes - Reconciliation of Federal Statutory  HTML     55K 
                Income Tax Rate to Effective Income Tax Rate                     
                (Details)                                                        
99: R86         Income Taxes - Narrative (Details)                  HTML     58K 
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                Tax Assets and Liabilities (Details)                             
101: R88         Income Taxes - Summary of Activity Related to       HTML     42K  
                Gross Unrecognized Tax Benefits (Details)                        
102: R89         Information about Segments and Geographic Areas -   HTML     66K  
                Revenue and Operating Income/Loss by Segment                     
                (Details)                                                        
103: R90         Information about Segments and Geographic Areas -   HTML     36K  
                Long-Lived Assets by Geographic Area (Details)                   
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                (Details)                                                        
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‘EX-97.01’   —   Clawback Policy re: Recovery of Erroneously Awarded Compensation


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  Document  
Exhibit 97.01
ALPHABET INC.
CLAWBACK POLICY

1.Purpose. The purpose of this Policy is to describe the circumstances in which Executive Officers will be required to repay or return Erroneously Awarded Compensation to the Company in accordance with the Clawback Rules. Each Executive Officer shall be required to sign and return to the Company the Acknowledgement and Acceptance Form attached hereto as Exhibit A pursuant to which such Executive Officer will acknowledge that he or she is bound by the terms of this Policy; provided, however, that this Policy shall apply to, and be enforceable against, any Executive Officer and his or her successors (as specified in Section 11 of this Policy) regardless of whether or not such Executive Officer properly signs and returns to the Company such Acknowledgement and Acceptance Form and regardless of whether or not such Executive Officer is aware of his or her status as such.
2.Administration. Except as specifically set forth herein, this Policy shall be administered by the Committee. Any determinations made by the Committee shall be final and binding on all affected individuals and need not be uniform with respect to each individual covered by this Policy. Subject to any limitation under applicable law, the Committee may authorize and empower any officer or employee of the Company to take any and all actions necessary or appropriate to carry out the purpose and intent of this Policy (other than with respect to any recovery under this Policy involving such officer or employee).
3.Definitions. For purposes of this Policy, the following capitalized terms shall have the meanings set forth below.
(a)Accounting Restatement” shall mean an accounting restatement: due to the material noncompliance of the Company with any financial reporting requirement under the securities laws, including any required accounting restatement to correct an error in previously issued financial statements that is material to the previously issued financial statements (a “Big R” restatement), or that would result in a material misstatement if the error were corrected in the current period or left uncorrected in the current period (a “little r” restatement).
(b)Board” shall mean the Board of Directors of the Company.
(c)Clawback Eligible Incentive Compensation” shall mean, with respect to each individual who served as an Executive Officer at any time during the applicable performance period for any Incentive-based Compensation (whether or not such individual is serving as an Executive Officer at the time the Erroneously Awarded Compensation is required to be repaid to the Company), all Incentive-based Compensation Received by such individual: (i) on or after the Effective Date; (ii) after beginning service as an Executive Officer; (iii) while the Company has a class of securities listed on the Listing Exchange; and (iv) during the applicable Clawback Period.
(d)Clawback Period” shall mean, with respect to any Accounting Restatement, the three completed fiscal years of the Company immediately preceding the Restatement Date and any transition period (that results from a change in the Company’s fiscal year) of less than nine months within or immediately following those three completed fiscal years.
(e)Clawback Rules” shall mean Section 10D of the Exchange Act and any applicable rules or standards adopted by the SEC thereunder (including Rule 10D-1 under the Exchange Act) or the Listing Exchange pursuant to Rule 10D-1 under the Exchange Act



(including Nasdaq Stock Market Listing Rule 5608), in each case as may be in effect from time to time.
(f)Committee” shall mean the Leadership Development, Inclusion and Compensation Committee of the Board, or any other committee designated by the Board to administer the Policy, and in the absence of such a committee, a majority of the independent directors serving on the Board.
(g)Company” shall mean Alphabet Inc., and as the Committee determines is applicable, its direct and indirect subsidiaries.
(h)Effective Date” shall mean October 2, 2023.
(i)Erroneously Awarded Compensation” shall mean, with respect to each Executive Officer in connection with an Accounting Restatement, the amount of Clawback Eligible Incentive Compensation that exceeds the amount of Clawback Eligible Incentive Compensation that otherwise would have been Received had it been determined based on the restated amounts, computed without regard to any taxes paid.
(j)Executive Officer” shall mean any individual who is or was an executive officer as determined by the Committee in accordance with the definition of “executive officer” as set forth in the Clawback Rules and any other senior executive, employee or other personnel of the Company who may from time to time be deemed subject to the Policy by the Committee. For the avoidance of doubt, the Committee shall have full discretion to determine which individuals in the Company shall be considered an “Executive Officer” for purposes of this Policy.
(k)Exchange Act” shall mean the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.
(l)Financial Reporting Measures” shall mean measures that are determined and presented in accordance with the accounting principles used in preparing the Company’s financial statements, and any measures that are derived wholly or in part from such measures. Stock price and total shareholder return shall for purposes of this Policy be considered Financial Reporting Measures. For the avoidance of doubt, a Financial Reporting Measure need not be presented within the Company’s financial statements or included in a filing with the SEC.
(m)Incentive-based Compensation” shall mean any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.
(n)Impracticable shall mean, in accordance with the good faith determination of the Committee, or if the Committee does not consist of independent directors, a majority of the independent directors serving on the Board, that either: (i) the direct expenses paid to a third party to assist in enforcing the Policy against an Executive Officer would exceed the amount to be recovered, after the Company has made a reasonable attempt to recover the applicable Erroneously Awarded Compensation, documented such reasonable attempt(s) and provided such documentation to the Listing Exchange; (ii) recovery would violate the Company’s home country law where that law was adopted prior to November 28, 2022, provided that, before concluding that it would be Impracticable to recover any amount of Erroneously Awarded Compensation based on violation of home country law, the Company has obtained an opinion of home country counsel, acceptable to the Listing Exchange, that recovery would result in such a violation and a copy of the opinion is provided to the Listing Exchange; or (iii) recovery would likely cause an otherwise tax-qualified retirement plan, under which benefits are broadly available to employees of the Company, to fail to meet the requirements of 26 U.S.C. 401(a)(13) or 26 U.S.C. 411(a) and regulations thereunder.
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(o)Listing Exchange” shall mean the Nasdaq Stock Market or such other U.S. national securities exchange or national securities association on which the Company’s securities are listed.
(p)Method of Recovery” shall include, but is not limited to: (i) requiring reimbursement of Erroneously Awarded Compensation; (ii) seeking recovery of any gain realized on the vesting, exercise, settlement, sale, transfer, or other disposition of any equity-based awards; (iii) offsetting the Erroneously Awarded Compensation from any compensation otherwise owed by the Company to the Executive Officer; (iv) canceling outstanding vested or unvested equity awards; and/or (v) taking any other remedial and recovery action permitted by applicable law, as determined by the Committee.
(q)Policy” shall mean this Alphabet Inc. Clawback Policy, as the same may be amended and/or restated from time to time.
(r)Received” shall, with respect to any Incentive-based Compensation, mean deemed receipt and Incentive-based Compensation shall be deemed received in the Company’s fiscal period during which the Financial Reporting Measure specified in the Incentive-based Compensation award is attained, even if the payment or grant of the Incentive-based Compensation occurs after the end of that period. For the avoidance of doubt, Incentive-Based Compensation that is subject to both a Financial Reporting Measure vesting condition and a service-based vesting condition shall be considered received when the Financial Reporting Measure is achieved, even if the Incentive-Based Compensation continues to be subject to the service-based vesting condition.
(s)Restatement Date” shall mean the earlier to occur of: (i) the date the Board, a committee of the Board or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement; or (ii) the date a court, regulator or other legally authorized body directs the Company to prepare an Accounting Restatement.
(t)SEC” shall mean the U.S. Securities and Exchange Commission.
4.Repayment of Erroneously Awarded Compensation.
(a)In the event the Company is required to prepare an Accounting Restatement, the Committee shall reasonably promptly (in accordance with the applicable Clawback Rules) determine the amount of any Erroneously Awarded Compensation for each Executive Officer in connection with such Accounting Restatement and shall reasonably promptly thereafter provide each Executive Officer with written notice containing the amount of Erroneously Awarded Compensation and a demand for repayment or return, as applicable. For Clawback Eligible Incentive Compensation based on stock price or total shareholder return where the amount of Erroneously Awarded Compensation is not subject to mathematical recalculation directly from the information in the applicable Accounting Restatement, the amount shall be determined by the Committee based on a reasonable estimate of the effect of the Accounting Restatement on the stock price or total shareholder return upon which the Clawback Eligible Incentive Compensation was Received (in which case, the Company shall maintain documentation of such determination of that reasonable estimate and provide such documentation to the Listing Exchange). The Committee is authorized to engage, on behalf of the Company, any third-party advisors it deems advisable in order to perform any calculations contemplated by this Policy. For the avoidance of doubt, recovery under this Policy with respect to an Executive Officer shall not require the finding of any misconduct by such Executive Officer or such Executive Officer being found responsible for the accounting error leading to an Accounting Restatement.
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(b)In the event that any repayment of Erroneously Awarded Compensation is owed to the Company, the Committee shall recover reasonably promptly the Erroneously Awarded Compensation through any Method of Recovery it deems reasonable and appropriate in its broad discretion based on all applicable facts and circumstances and taking into account the time value of money and the cost to shareholders of delaying recovery. For the avoidance of doubt, except to the extent permitted pursuant to the Clawback Rules, in no event may the Company accept an amount that is less than the amount of Erroneously Awarded Compensation in satisfaction of an Executive Officer’s obligations hereunder. Notwithstanding anything herein to the contrary, the Company shall not be required to take the actions contemplated in this Section 4(b) if recovery would be Impracticable. In implementing the actions contemplated in this Section 4(b), the Committee will act in accordance with the listing standards and requirements of the Listing Exchange and with the applicable Clawback Rules.
(c)Subject to the discretion of the Committee, an applicable Executive Officer may be required to reimburse the Company for any and all expenses reasonably incurred (including legal fees) by the Company in recovering Erroneously Awarded Compensation in accordance with Section 4(b).
5.Reporting and Disclosure. The Company shall file all disclosures with respect to this Policy in accordance with the requirements of U.S. federal securities laws, including any disclosure required by applicable SEC rules.
6.Indemnification Prohibition. The Company shall not indemnify any Executive Officer against the loss of any Erroneously Awarded Compensation that is repaid, returned or recovered pursuant to the terms of this Policy and/or pursuant to the Clawback Rules, or pay or reimburse any Executive Officer for the cost of any third-party insurance purchased by an Executive Officer to cover any such loss under this Policy and/or pursuant to the Clawback Rules. Further, the Company shall not enter into any agreement that exempts any Incentive-based Compensation from the application of this Policy or that waives the Company’s right to recovery of any Erroneously Awarded Compensation and this Policy shall supersede any such agreement (whether entered into before, on or after the Effective Date). Any such purported indemnification (whether oral or in writing) shall be null and void.
7.Interpretation. The Committee is authorized to interpret and construe this Policy and to make all determinations necessary, appropriate, or advisable for the administration of this Policy. It is intended that this Policy be interpreted in a manner that is consistent with the requirements of the Clawback Rules. The terms of this Policy shall also be construed and enforced in such a manner as to comply with applicable law, including the Sarbanes-Oxley Act of 2002, the Dodd-Frank Wall Street Reform and Consumer Protection Act, and any other law or regulation that the Committee determines is applicable. In the event any provision of this Policy is determined to be unenforceable or invalid under applicable law, such provision shall be applied to the maximum extent permitted by applicable law and shall automatically be deemed amended in a manner consistent with its objectives to the extent necessary to conform to any limitations required by applicable law.
8.Effective Date. This Policy shall be in effect as of the Effective Date.
9.Amendment; Termination. The Committee may modify or amend this Policy, in whole or in part, from time to time in its discretion and shall amend any or all of the provisions of this Policy as it deems necessary, including as and when it determines that it is legally required by the Clawback Rules, or any federal securities law, SEC rule or Listing Exchange rule. The Committee may terminate this Policy at any time. Notwithstanding anything in this Section 9 to the contrary, no amendment or termination of this Policy shall be effective if such amendment or termination would (after taking into account any actions taken by the Company
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contemporaneously with such amendment or termination) cause the Company to violate the Clawback Rules, or any federal securities law, SEC rule or Listing Exchange rule. Furthermore, unless otherwise determined by the Committee or as otherwise amended, this Policy shall automatically be deemed amended in a manner necessary to comply with any change in the Clawback Rules.
10.Other Recoupment Rights; No Additional Payments. The Committee intends that this Policy will be applied to the fullest extent permitted by applicable law. The Committee may require that any employment agreement, equity award agreement, or any other agreement entered into on or after the Effective Date shall, as a condition to the grant of any benefit thereunder, require an Executive Officer to agree to abide by the terms of this Policy. Executive Officers shall be deemed to have accepted continuing employment on terms that include compliance with the Policy, to the extent of its otherwise applicable provisions, and to be contractually bound by its enforcement provisions. Executive Officers who cease employment or service with the Company shall continue to be bound by the terms of the Policy with respect to Clawback Eligible Incentive Compensation. Any right of recoupment under this Policy is in addition to, and not in lieu of, any other remedies or rights of recoupment that may be available to the Company under applicable law, regulation or rule or pursuant to the terms of any similar policy in any employment agreement, cash-based bonus plan, equity award agreement or similar agreement and any other legal remedies available to the Company. To the extent that an Executive Officer has already reimbursed the Company for any Erroneously Awarded Compensation Received under any duplicative recovery obligations established by the Company or applicable law, it shall be appropriate for any such reimbursed amount to be credited to the amount of Erroneously Awarded Compensation that is subject to recovery under this Policy, as determined by the Committee in its sole discretion. Nothing in this Policy precludes the Company from implementing any additional clawback or recoupment policies with respect to Executive Officers or any other service provider of the Company. Application of this Policy does not preclude the Company from taking any other action to enforce any Executive Officer’s obligations to the Company, including termination of employment or institution of civil or criminal proceedings or any other remedies that may be available to the Company with respect to any Executive Officer.
11.Successors. This Policy shall be binding and enforceable against all Executive Officers and their beneficiaries, estates, heirs, executors, administrators or other legal representatives to the extent required by the Clawback Rules or as otherwise determined by the Committee.
*    *    *
5



Exhibit A
ALPHABET INC.
CLAWBACK POLICY
ACKNOWLEDGEMENT AND ACCEPTANCE FORM
Capitalized terms used but not otherwise defined in this Acknowledgement and Acceptance Form shall have the meanings ascribed to such terms in the Alphabet Inc. Clawback Policy (the “Policy”). By signing below, the undersigned executive officer (the “Executive Officer”) acknowledges and confirms that the Executive Officer has received and reviewed a copy of the Policy and, in addition, the Executive Officer acknowledges and agrees as follows:
(a)the Executive Officer is and will continue to be subject to the Policy and that the Policy will apply both during and after the Executive Officer’s employment with the Company;
(b)to the extent necessary to comply with the Policy, the Policy hereby amends any employment agreement, equity award agreement or similar agreement that the Executive Officer is a party to with the Company, and shall apply and govern Incentive-based Compensation received by any Executive Officer, notwithstanding any contrary or supplemental term or condition in any document, plan or agreement, including without limitation, any employment contract, offer letter, indemnification agreement, equity agreement, or equity plan document.
(c)the Executive Officer shall abide by the terms of the Policy, including, without limitation, by returning any Erroneously Awarded Compensation to the Company to the extent required by, and in a manner permitted by, the Policy;
(d)any amounts payable to the Executive Officer, including any Incentive-based Compensation, shall be subject to the Policy as may be in effect and modified from time to time in the sole discretion of the Committee or as required by applicable law or the requirements of the Listing Exchange, and that such modification will be deemed to amend this acknowledgment;
(e)the Company may recover compensation paid to the Executive Officer through any Method of Recovery the Committee deems appropriate, and the Executive Officer agrees to comply with any request or demand for repayment by the Company in order to comply with the Policy;
(f)the recovery of Erroneously Awarded Compensation under this Policy will not give rise to any right to voluntarily terminate employment for “good reason,” or due to a “constructive termination” (or any similar term of like effect) under any plan, program or policy of or agreement with the Company;
(g)the Company may, to the greatest extent permitted by applicable law, reduce any amount that may become payable to the Executive Officer by any amount to be recovered by the Company pursuant to the Policy to the extent such amount has not been returned by the Executive Officer to the Company prior to the date that any subsequent amount becomes payable to the Executive Officer; and
(h)any assertion or application of any rights under federal, state, local or foreign law or in contract or in equity that would otherwise conflict with or narrow the Company’s authority to interpret, apply and enforce the Policy to its fullest extent, including but not limited to, the Company’s authority to withhold or divert wages pursuant to this Policy, is hereby waived by the Executive Officer.



Signature
Print Name
Date
Signature page to the Alphabet Inc. Clawback Policy
Acknowledgement and Acceptance Form


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed as of:1/31/24IRANNOTICE
Filed on:1/30/24144,  4,  8-K,  IRANNOTICE
For Period end:12/31/23
10/2/23144,  4
11/28/224
 List all Filings 


16 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 7/26/23  Alphabet Inc.                     10-Q        6/30/23   95:11M
 2/03/23  Alphabet Inc.                     10-K       12/31/22  111:14M
10/25/22  Alphabet Inc.                     8-K:2,5,9  10/25/22   13:858K
 6/03/22  Alphabet Inc.                     8-K:5,8,9   6/01/22   13:455K                                   Donnelley … Solutions/FA
 2/02/22  Alphabet Inc.                     10-K       12/31/21  106:14M
 7/28/21  Alphabet Inc.                     10-Q        6/30/21   86:11M
 8/05/20  Alphabet Inc.                     8-K:8,9     8/05/20   18:503K                                   Donnelley … Solutions/FA
 6/05/20  Alphabet Inc.                     8-K:5,9     6/03/20   13:398K
 2/04/20  Alphabet Inc.                     10-K       12/31/19  108:15M
11/03/16  Alphabet Inc.                     10-Q        9/30/16   80:11M
 8/09/16  Alphabet Inc.                     8-K:8,9     8/09/16    3:120K                                   Donnelley … Solutions/FA
 4/27/16  Alphabet Inc.                     8-K:8,9     4/27/16    4:187K                                   Donnelley … Solutions/FA
 2/12/16  Alphabet Inc.                     S-3ASR      2/12/16    4:361K                                   Donnelley … Solutions/FA
 2/12/16  Alphabet Inc.                     S-3ASR      2/12/16    6:910K                                   Donnelley … Solutions/FA
10/02/15  Alphabet Inc.                     8-K12B:1,3,10/02/15   17:2.1M                                   Donnelley … Solutions/FA
 3/26/15  Google Inc.                       8-K:5,9     3/26/15    2:60K
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