Common use of Exchange Control Restrictions Clause in Contracts

Exchange Control Restrictions. Awardee understands and agrees that he or she will be required to immediately repatriate to China the proceeds from the sale of any Shares acquired under the Plan or from any cash dividends paid on such Shares. Awardee further understands that such repatriation of the proceeds will need to be effected through a special exchange control account established by the Company or an Affiliate or Subsidiary, and Awardee hereby consents and agrees that the proceeds may be transferred to such account by the Company (or its designated broker) on Awardee’s behalf prior to being delivered to Awardee. Awardee also agrees to sign any agreements, forms and/or consents that may be reasonably requested by the Company (or the External Administrator) to effectuate such transfers. The proceeds may be paid to Awardee in U.S. Dollars or local currency at the Company’s discretion. If the proceeds are paid to Awardee in U.S. Dollars, Awardee understands that he or she will be required to set up a U.S. Dollar bank account in China so that the proceeds may be deposited into this account. If the proceeds are paid to Awardee in local currency, (1) Awardee acknowledges that the Company is under no obligation to secure any particular currency conversion rate and that the Company may face delays in converting the proceeds to local currency due to exchange control restrictions, and (2) Awardee agrees to bear any currency fluctuation risk between the time the Shares are sold or dividends are paid and the time the proceeds are converted to local currency and distributed to Awardee. Awardee agrees to comply with any other requirements that may be imposed by the Company in the future in order to facilitate compliance with exchange control requirements in China.

Exchange Control Restrictions. Awardee The Optionee understands and agrees that he or she the Optionee will be required to immediately repatriate to China the cash proceeds from the sale of Shares (and any Shares acquired under other funds received in relation to the Plan or from any cash dividends paid on such SharesOptions and the Plan). Awardee The Optionee further understands that such the repatriation of the cash proceeds (and other funds) will need to be effected through a special exchange control account established by the Company Company, the Employer or an Affiliate or Subsidiaryany Affiliated Company, and Awardee the Optionee hereby consents and agrees that any funds related to the proceeds Options and the Plan may be transferred to such special account by the Company (or its designated broker) on Awardee’s behalf prior to being delivered to Awardeethe Optionee. Awardee The Optionee also agrees understands that the Company will deliver the funds to sign any agreementsthe Optionee as soon as practicable, forms and/or consents that but there may be reasonably requested by delays in distributing the Company (or funds to the External Administrator) Optionee due to effectuate such transfersexchange control considerations in China. The proceeds funds may be paid to Awardee in U.S. Dollars dollars or local currency currency, at the Company’s 's discretion. If the proceeds funds are paid to Awardee in U.S. Dollarsdollars, Awardee the Optionee understands that he or she will be required to set up open a U.S. Dollar bank account in China so that into which the proceeds may funds can be deposited into this accountdeposited. If the proceeds funds are paid converted to Awardee in local currency, (1) Awardee the Optionee acknowledges that the Company is under no obligation to secure any particular currency conversion rate rate, and that the Company there may face be delays in converting the proceeds funds to local currency due to exchange control restrictions, and (2) Awardee agrees to currency. The Optionee will bear the risk of any currency conversion rate fluctuation risk between the time date that the Shares are sold (or dividends any other funds are paid realized) and the time date the proceeds funds are converted to local currency and distributed to Awardeethe Optionee. Awardee The Optionee agrees to comply with any other requirements that may be imposed by the Company in the future in order to facilitate compliance with exchange control requirements in Chinarequirements.

Exchange Control Restrictions. Awardee understands and agrees that he or she will be required to immediately repatriate to China the proceeds from the sale of any Shares acquired under the Plan or from any cash dividends paid on such Shares. Awardee further understands that such repatriation of the proceeds will need to be effected through a special exchange control account established by the Company or an Affiliate or Subsidiary, and Awardee hereby consents and agrees that the proceeds may be transferred to such account by the Company (or its External Administrator or designated broker) on Awardee’s 's behalf prior to being delivered to Awardee. Awardee also agrees to sign any agreements, forms and/or consents that may be reasonably requested by the Company (or the External Administrator) to effectuate such transfers. The proceeds may be paid to Awardee in U.S. Dollars or local currency at the Company’s 's discretion. If the proceeds are paid to Awardee in U.S. Dollars, Awardee understands that he or she will be required to set up a U.S. Dollar bank account in China so that the proceeds may be deposited into this account. If the proceeds are paid to Awardee in local currency, (1) Awardee acknowledges that the Company is under no obligation to secure any particular currency conversion rate and that the Company may face delays in converting the proceeds to local currency due to exchange control restrictions, and (2) Awardee agrees to bear any currency fluctuation risk between the time the Shares are sold or dividends are paid and the time the proceeds are converted to local currency and distributed to Awardee. Awardee agrees to comply with any other requirements that may be imposed by the Company in the future in order to facilitate compliance with exchange control requirements in China.

Exchange Control Restrictions. Awardee understands and agrees that he or she will be required to immediately repatriate to China the proceeds from the sale of any Shares acquired under the Plan or from any cash dividends paid on such Shares. Awardee further understands that such repatriation of the proceeds will need to be effected through a special exchange control account established by the Company or an Affiliate or Subsidiary, and Awardee hereby consents and agrees that the proceeds may be transferred to such account by the Company (or its designated broker) on Awardee’s 's behalf prior to being delivered to Awardee. Awardee also agrees to sign any agreements, forms and/or consents that may be reasonably requested by the Company (or the External Administrator) to effectuate such transfers. The proceeds may be paid to Awardee in U.S. Dollars or local currency at the Company’s 's discretion. If the proceeds are paid to Awardee in U.S. Dollars, Awardee understands that he or she will be required to set up a U.S. Dollar bank account in China so that the proceeds may be deposited into this account. If the proceeds are paid to Awardee in local currency, (1) Awardee acknowledges that the Company is under no obligation to secure any particular currency conversion rate and that the Company may face delays in converting the proceeds to local currency due to exchange control restrictions, and (2) Awardee agrees to bear any currency fluctuation risk between the time the Shares are sold or dividends are paid and the time the proceeds are converted to local currency and distributed to Awardee. Awardee agrees to comply with any other requirements that may be imposed by the Company in the future in order to facilitate compliance with exchange control requirements in China.

Exchange Control Restrictions. The Awardee understands and agrees that he or she the Awardee will be required to immediately repatriate to China the proceeds from the sale of any Shares acquired under the Plan or from any cash dividends paid on such SharesPlan. The Awardee further understands that such repatriation of the proceeds will need to be effected through a special exchange control account established by the Company or an Affiliate a Subsidiary or SubsidiaryAffiliate, and the Awardee hereby consents and agrees that the proceeds from the sale of Shares acquired under the Plan may be transferred to such account by the Company (or its designated brokerthe External Administrator) on the Awardee’s behalf prior to being delivered to the Awardee. The Awardee also agrees to sign any agreements, forms and/or consents that may be reasonably requested by the Company (or the External Administrator) to effectuate such transfers. The proceeds may be paid to the Awardee in U.S. Dollars dollars or local currency at the Company’s discretion. If the proceeds are paid to the Awardee in U.S. Dollarsdollars, the Awardee understands that he or she will be required to set up a U.S. Dollar dollar bank account in China so that the proceeds may be deposited into this account. If the proceeds are paid to the Awardee in local currency, (1a) the Awardee acknowledges that the Company is under no obligation to secure any particular currency conversion rate and that the Company may face delays in converting the proceeds to local currency due to exchange control restrictions, and (2b) the Awardee agrees to bear any currency fluctuation risk between the time the Shares are sold or dividends are paid and the time the proceeds are converted to local currency and distributed to the Awardee. The Awardee agrees to comply with any other requirements that may be imposed by the Company in the future in order to facilitate compliance with exchange control requirements in China.