Common use of Exchange Control Notification Clause in Contracts

Exchange Control Notification. Cross-border payments in connection with the sale of securities or any dividends received in relation to Shares in excess of €12,500 must be reported monthly to the German Federal Bank. The Participant is responsible for satisfying the reporting obligation and must file the report electronically by the fifth day of the month following the month in which the payment is made. A copy of the form can be accessed via the German Federal Bank’s website at xxx.xxxxxxxxxx.xx and is available in both German and English. No report is required for payments less than €12,500. HONDURAS There are no country-specific provisions. INDIA NOTIFICATIONS

Appears in 13 contracts

Samples: Performance Unit Award Agreement (First Solar, Inc.), Award Agreement (First Solar, Inc.), Performance Unit Award Agreement (First Solar, Inc.)

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Exchange Control Notification. Cross-border payments in excess of €12,500 in connection with the sale of securities or any (e.g., Shares), dividends received in relation to Shares in excess or the exercise of €12,500 Options must be reported monthly to the German Federal Bank. The Participant is responsible for satisfying the reporting obligation and must file the report electronically by the fifth day of the month following the month in which the payment is made. A copy of the form can be accessed via the German Federal Bank’s website at xxx.xxxxxxxxxx.xx and is available in both German and English. No report is required for payments less than €12,500. HONDURAS There are no country-specific provisions. INDIA NOTIFICATIONSINDIA

Appears in 3 contracts

Samples: Option Award Agreement (First Solar, Inc.), Option Award Agreement (First Solar, Inc.), Option Award Agreement (First Solar, Inc.)

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