Common use of Exchange Control Notification Clause in Contracts

Exchange Control Notification. Under current exchange control regulations, within a reasonably short time after sale of Stock acquired under the Plan, Participant must repatriate the sale proceeds to Russia. Such sale proceeds must be credited initially to Participant through a foreign currency account at an authorized bank in Russia. After the sale proceeds are initially received in Russia, the funds may be further remitted to foreign banks in accordance with Russian exchange control laws. Participant should consult his or her personal advisor before remitting any sale proceeds to Russia, as exchange control requirements may change.

Exchange Control Notification. Under current exchange control regulations, within a reasonably short time after sale of Stock shares acquired under the Plan, the Participant must repatriate the sale proceeds to Russia. Such sale proceeds must be credited initially to the Participant through a foreign currency account at an authorized bank in Russia. After the sale proceeds are initially received in Russia, the funds may be further remitted to foreign banks in accordance with Russian exchange control laws. The Participant should consult his or her personal advisor before remitting any sale proceeds to Russia, as exchange control requirements may change.

Exchange Control Notification. Under current The Participant may be subject to exchange control regulations, within a reasonably short time after sale of Stock acquired under the Plan, Participant must repatriate the sale proceeds to Russia. Such sale proceeds must be credited initially to Participant through a foreign currency account at an authorized bank restrictions and repatriation requirements in Russia. After Proceeds from the sale proceeds are initially received of Shares and any cash dividends paid on the Shares can be remitted directly to a foreign individual bank account (in Russia, countries belonging to the funds may be further remitted to foreign banks in accordance with Russian exchange control lawsOrganization for Economic Cooperation and Development ("OECD") or the Financial Action Task Force ("FATF")). The Participant should consult his or her personal legal advisor before exercising Stock Options, before selling Shares and before remitting any sale proceeds to Russia, as exchange significant sanctions for violations of the Russian currency control laws may apply these requirements may changeare subject to change at any time, often without notice.

Exchange Control Notification. Under current exchange control regulations, within a reasonably short time after sale of the shares of Common Stock acquired under the Plan, Participant the Employee must repatriate the sale proceeds to Russia. Such sale proceeds must be credited initially to Participant the Employee through a foreign currency account at an authorized bank in Russia. After the sale proceeds are initially received in Russia, the funds may be further remitted to foreign banks in accordance with Russian exchange control laws. Participant The Employee should consult his or her personal advisor before remitting any sale proceeds to Russia, as exchange control requirements may change.

Exchange Control Notification. Under current exchange control regulations, within a reasonably short time after sale of the shares of Common Stock acquired under the Plan, Participant the Employee must repatriate the sale proceeds to Russia. Such sale proceeds must be credited initially to Participant the Employee through a foreign currency account at an authorized bank in Russia. After the sale proceeds are initially received in Russia, the funds may be further remitted to foreign banks in accordance with Russian exchange control laws. Participant The Employee should consult his or her personal advisor before remitting any sale proceeds to Russia, as exchange control requirements may change.. SINGAPORE Terms and Conditions