Foreign Asset/Account Reporting Exchange Control Clause Example with 9 Variations from Business Contracts

This page contains Foreign Asset/Account Reporting Exchange Control clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Foreign Asset/Account Reporting Exchange Control. The Participant's country may have certain foreign asset and/or account reporting requirements and/or exchange controls which may affect the Participant's ability to acquire or hold Shares under the Plan or cash received from participating in the Plan (including from any dividends received or sale proceeds arising from the sale of Shares) in a brokerage or bank account outside the Participant's country. The Participant may be required to report such accounts, assets or transactions to the tax or... other authorities in his or her country. The Participant also may be required to repatriate sale proceeds or other funds received as a result of the Participant's participation in the Plan to his or her country through a designated bank or broker and/or within a certain time after receipt. The Participant acknowledges that it is his or her responsibility to be compliant with such regulations, and the Participant should consult his or her personal legal advisor for any details. View More Arrow

Variations of a "Foreign Asset/Account Reporting Exchange Control" Clause from Business Contracts

Foreign Asset/Account Reporting Exchange Control. The Participant's country of residence may have certain foreign asset and/or account reporting or exchange control requirements and/or exchange controls which may affect the Participant's his or her ability to acquire or hold Shares under the Plan Award Agreement or cash received from participating in the Plan (including from any dividends received or sale proceeds arising from the sale of Shares) in a brokerage or bank account outside the Participant's country. The Participant may be required t...o report such accounts, assets or transactions to the tax or other authorities in his or her country. The Participant may also may be required to repatriate sale proceeds or other funds received as a result of the Participant's his/her participation in the Plan to his or her country through a designated broker or bank or broker and/or within a certain time after receipt. The Participant acknowledges that it is his or her responsibility to be compliant responsible for ensuring compliance with such regulations, regulations and the Participant should consult with his or her personal legal advisor for any details. View More Arrow
Foreign Asset/Account Reporting Exchange Control. The Participant's Each country may have certain foreign asset and/or account reporting requirements and/or exchange controls which may affect the Participant's ability to acquire purchase or hold Shares under the Plan or cash received from participating in respect of the Plan Option (including from any dividends received or sale proceeds arising from the sale of Shares) in a brokerage or bank account outside the Participant's country. The Participant may be required to report such accounts, asse...ts or transactions to the tax or other authorities in his or her Participant's country. The Participant also may be required to repatriate sale proceeds or other funds received as a result of the Participant's his or her participation in the Plan to his or her Participant's country through a designated bank or broker and/or within a certain time after receipt. The Participant acknowledges that it is his or her It shall be Participant's responsibility to be compliant with such regulations, and the Participant should consult his or her a personal legal advisor for any details. View More Arrow
Foreign Asset/Account Reporting Exchange Control. The Participant's Without limitation to any specific information stated in Exhibit A, the Participant acknowledges that his or her country may have certain foreign asset and/or account reporting requirements and/or exchange controls which may affect the Participant's ability to acquire purchase or hold Shares under subject to the Plan or cash received from participating in the Plan (including from any dividends received or sale proceeds arising from the sale of Shares) in a brokerage or bank acc...ount outside the Participant's country. The Participant He or she may be required to report such accounts, assets or transactions to the tax or other 9 authorities in his the Participant's country. He or her country. The Participant she also may be required to repatriate sale proceeds or other funds received as a result of the Participant's participation in the Plan to his or her country through a designated bank or broker and/or within a certain time after receipt. The Participant further acknowledges that it is his or her responsibility to be compliant with such regulations, and the Participant that he or she should consult his or her the Participant's personal legal advisor for any details. View More Arrow
Foreign Asset/Account Reporting Exchange Control. The Participant's Without limitation to any specific information stated in Exhibit A, the Participant acknowledges that his or her country may have certain foreign asset and/or account reporting requirements and/or exchange controls which may affect the Participant's ability to acquire purchase or hold Shares under subject to the Plan or cash received from participating in the Plan (including from any dividends received or sale proceeds arising from the sale of Shares) in a brokerage or bank acc...ount outside the Participant's country. The Participant He or she may be required to report such accounts, assets or transactions to the tax or other authorities in his the Participant's country. He or her country. The Participant she also may be required to repatriate sale proceeds or other funds received as a result of the Participant's participation in the Plan to his or her country through a designated bank or broker and/or within a certain time after receipt. The Participant further acknowledges that it is his or her responsibility to be compliant with such regulations, and the Participant that he or she should consult his or her the Participant's personal legal advisor for any details. View More Arrow
Foreign Asset/Account Reporting Exchange Control. The Participant's country may have certain foreign asset and/or account reporting requirements and/or exchange controls which that may affect the Participant's ability to acquire or hold Shares under the Plan or cash received from participating in the Plan (including from any dividends received or sale proceeds arising from the sale of Shares) in a brokerage or bank account outside the Participant's country. The Participant may be required to report such accounts, assets assets, or transactions ...to the tax or other authorities in his or her Participant's country. The Participant may also may be required to repatriate sale proceeds or other funds received as a result of the Participant's participation in the Plan to his or her Participant's country through a designated broker or bank or broker and/or within a certain time after receipt. The Participant acknowledges that it is his or her Participant's responsibility to be compliant with such regulations, regulations and the Participant understands and agrees that Participant should consult his or her personal legal advisor and tax advisors for any details. View More Arrow
Foreign Asset/Account Reporting Exchange Control. The Participant's country may have certain foreign asset and/or account reporting requirements and/or exchange controls which that may affect the Participant's ability to acquire or hold Shares shares of Common Stock under the Plan or cash received from participating in the Plan (including from any dividends received or sale proceeds arising from the sale of Shares) shares of Common Stock) in a brokerage or bank account outside the Participant's country. The Participant may be required to report... such accounts, assets or transactions to the tax or other authorities in his or her the Participant's country. The Participant also may be required to repatriate sale proceeds or other funds cash received as a result of the Participant's participation in the Plan to his or her the Participant's country through a designated bank or broker and/or within a certain time after receipt. The Participant acknowledges that it is his or her the Participant's responsibility to be compliant with such regulations, and the Participant should is advised to consult his or her the Participant's personal legal advisor for any details. View More Arrow
Foreign Asset/Account Reporting Exchange Control. The Participant's country may have certain foreign asset and/or account reporting requirements and/or exchange controls which may affect the Participant's ability to acquire or hold Shares under the Plan or cash received from participating in the Plan (including from any dividends received or sale proceeds arising from the sale of Shares) in a brokerage or bank account outside the Participant's country. The Participant may be required to report such accounts, assets or transactions to the tax or... other authorities in his or her country. The Participant also may be required to repatriate sale proceeds or other funds received as a result of the Participant's participation in the Plan to his or her country through a designated bank or broker and/or within a certain 11 US-DOCS\112623669.1 time after receipt. The Participant acknowledges that it is his or her responsibility to be compliant with such regulations, and the Participant should consult his or her personal legal advisor for any details. View More Arrow
Foreign Asset/Account Reporting Exchange Control. The Participant's country may have certain foreign asset and/or account reporting requirements and/or exchange controls which may affect the Participant's ability to acquire or hold Shares under the Plan or cash received from participating in the Plan (including from any dividends received or sale proceeds arising from the sale of Shares) in a brokerage or bank account outside the Participant's 12 US-DOCS\119733922.3 country. The Participant may be required to report such accounts, assets or tra...nsactions to the tax or other authorities in his or her country. The Participant also may be required to repatriate sale proceeds or other funds received as a result of the Participant's participation in the Plan to his or her country through a designated bank or broker and/or within a certain time after receipt. The Participant acknowledges that it is his or her responsibility to be compliant with such regulations, and the Participant should consult his or her personal legal advisor for any details. View More Arrow
Foreign Asset/Account Reporting Exchange Control. The Participant's country may have certain foreign asset and/or account reporting requirements and/or exchange controls which 12 US-DOCS\119733922.3 may affect the Participant's ability to acquire or hold Shares under the Plan or cash received from participating in the Plan (including from any dividends received or sale proceeds arising from the sale of Shares) in a brokerage or bank account outside the Participant's country. The Participant may be required to report such accounts, assets or tra...nsactions to the tax or other authorities in his or her country. The Participant also may be required to repatriate sale proceeds or other funds received as a result of the Participant's participation in the Plan to his or her country through a designated bank or broker and/or within a certain time after receipt. The Participant acknowledges that it is his or her responsibility to be compliant with such regulations, and the Participant should consult his or her personal legal advisor for any details. View More Arrow