Common use of Foreign Asset/Account, Exchange Control and Tax Reporting Clause in Contracts

Foreign Asset/Account, Exchange Control and Tax Reporting. The Participant’s country may have certain foreign asset/account, exchange control, and/or tax reporting requirements, which may affect the Participant’s ability to acquire or hold shares of Common Stock under the Plan or cash received from participating in the Plan (including any dividend received or sale proceeds arising from the sale of 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 Participant’s country. The Participant may also be required to repatriate the sale proceeds or other funds received as a result of the Participant’s participation in the Plan to Participant’s country through a designated bank or broker and/or within a certain time after receipt. The Participant acknowledges that it is the Participant’s responsibility to be compliant with such regulations and the Participant should consult Participant’s personal legal advisor for further details.

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement (Catalent, Inc.), Restricted Stock Unit Agreement (Catalent, Inc.), Option Agreement (Catalent, Inc.)

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Foreign Asset/Account, Exchange Control and Tax Reporting. The Participant’s country may have certain foreign asset/account, exchange control, control and/or tax reporting requirements, which may affect the Participant’s ability to acquire or hold shares of Common Stock under the Plan or cash received from participating in the Plan (including any dividend received or sale proceeds arising from the sale of 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, assets or transactions to the tax or other authorities in Participant’s his or her country. The Participant may also be required to repatriate the sale proceeds or other funds received as a result of the Participant’s participation in the Plan to Participant’s his or her country through a designated bank or broker and/or within a certain time after receipt. The Participant acknowledges that it is the Participant’s his or her responsibility to be compliant with such regulations and the Participant should consult Participant’s his or her personal legal advisor for further details.

Appears in 2 contracts

Samples: Performance Share Unit Agreement (Catalent, Inc.), Performance Share Unit Agreement (Catalent, Inc.)

Foreign Asset/Account, Exchange Control and Tax Reporting. The Participant’s country may have certain foreign asset/account, exchange control, control and/or tax reporting requirements, which may affect the Participant’s ability to acquire or hold shares of Common Stock under the Plan or cash received from participating in the Plan (including any dividend received or sale proceeds arising from the sale of 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, assets or transactions to the tax or other authorities in Participant’s country. The Participant may also be required to repatriate the sale proceeds or other funds received as a result of the Participant’s participation in the Plan to Participant’s country through a designated bank or broker and/or within a certain time after receipt. The Participant acknowledges that it is the Participant’s responsibility to be compliant with such regulations and the Participant should consult Participant’s personal legal advisor for further details.

Appears in 2 contracts

Samples: Option Agreement (Catalent, Inc.), Option Agreement (Catalent, Inc.)

Foreign Asset/Account, Exchange Control and Tax Reporting. The Participant’s country may have certain foreign asset/account, exchange control, control and/or tax reporting requirements, which may affect the Participant’s ability to acquire or hold shares of Common Stock under the Plan or cash received from participating in the Plan (including any dividend dividends received or sale proceeds arising from the sale of 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, assets or transactions to the tax or other authorities in Participant’s his or her country. The Participant may also be required to repatriate the sale proceeds or other funds received as a result of the Participant’s participation in the Plan to Participant’s his or her country through a designated bank or broker and/or within a certain time after receipt. The Participant acknowledges that it is the Participant’s his or her responsibility to be compliant with such regulations and the Participant should consult Participant’s his or her personal legal advisor for further any details.

Appears in 1 contract

Samples: Performance Share Unit Agreement (Catalent, Inc.)

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Foreign Asset/Account, Exchange Control and Tax Reporting. The Participant’s country may have certain foreign asset/account, exchange control, control and/or tax reporting requirements, which may affect the Participant’s ability to acquire or hold shares of Common Stock under the Plan or cash received from participating in the Plan (including any dividend dividends received or sale proceeds arising from the sale of 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, assets or transactions to the tax or other authorities in Participant’s his or her country. The Participant may also be required to repatriate the sale proceeds or other funds received as a result of the Participant’s participation in the Plan to Participant’s his or her country through a designated bank or broker and/or within a certain time after receipt. The Participant acknowledges that it is the Participant’s his or her responsibility to be compliant with such regulations and the Participant should consult Participant’s with his or her personal legal advisor for further any details.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Catalent, Inc.)

Foreign Asset/Account, Exchange Control and Tax Reporting. The Participant’s 's country may have certain foreign asset/account, exchange control, control and/or tax reporting requirements, which may affect the Participant’s 's ability to acquire or hold shares of Common Stock under the Plan or cash received from participating in the Plan (including any dividend dividends received or sale proceeds arising from the sale of shares of Common Stock) in a brokerage or bank account outside the Participant’s 's country. The Participant may be required to report such accounts, assets, assets or transactions to the tax or other authorities in Participant’s his or her country. The Participant may also be required to repatriate the sale proceeds or other funds received as a result of the Participant’s 's participation in the Plan to Participant’s his or her country through a designated bank or broker and/or within a certain time after receipt. The Participant acknowledges that it is the Participant’s his or her responsibility to be compliant with such regulations and the Participant should consult Participant’s with his or her personal legal advisor for further any details.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Catalent, Inc.)

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