Common use of Foreign Asset/Account Reporting Clause in Contracts

Foreign Asset/Account Reporting. The Participant’s country of residence may have certain foreign asset and/or account reporting requirements which may affect his or her ability to acquire or hold RSUs under the Plan or cash received from participating in the Plan (including sales 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 amounts, 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 participation in the Plan to the Participant’s country through a designated broker or bank within a certain time after receipt. The Participant is responsible for ensuring compliance with such regulations and should speak with his or her personal legal advisor regarding this matter.

Appears in 14 contracts

Samples: Restricted Stock Unit Agreement (Carlyle Group Inc.), Global Restricted Stock Unit Agreement (Carlyle Group Inc.), Global Restricted Stock Unit Agreement (Carlyle Group Inc.)

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Foreign Asset/Account Reporting. The Participant’s country of residence may have certain foreign asset and/or account reporting requirements which may affect his or her ability to acquire or hold RSUs DRUs under the Plan or cash received from participating in the Plan (including sales proceeds arising from the sale of SharesCommon Units) in a brokerage or bank account outside the Participant’s country. The Participant may be required to report such amounts, 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 participation in the Plan to the Participant’s country through a designated broker or bank within a certain time after receipt. The Participant is responsible for ensuring compliance with such regulations and should speak with his or her personal legal advisor regarding this matter.

Appears in 2 contracts

Samples: Common Unit Agreement (Carlyle Group L.P.), Carlyle Group L.P.

Foreign Asset/Account Reporting. The Participant’s country of residence Participant acknowledges that there may have be certain foreign asset and/or account reporting requirements which may affect his or her Participant’s ability to acquire or hold RSUs Shares acquired under the Plan or cash received from participating in the Plan (including sales proceeds arising from any dividends paid on Shares acquired under the sale of SharesPlan) in a brokerage or bank account outside the Participant’s country. The Participant may be required to report such amountsaccounts, assets 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 participation in the Plan to the Participant’s country through a designated bank or broker or bank within a certain time after receipt. The Participant acknowledges that it is responsible for ensuring compliance his or her responsibility to be compliant with such regulations regulations, and should speak with is advised to consult his or her personal legal advisor regarding this matterfor any details.

Appears in 2 contracts

Samples: Global Stock Option Agreement (Dolby Laboratories, Inc.), Global Stock Option Agreement (Dolby Laboratories, Inc.)

Foreign Asset/Account Reporting. The Participant’s country of residence Participant acknowledges that there may have certain be foreign asset and/or account reporting requirements which may affect his or her Participant’s ability to acquire or hold RSUs Shares acquired under the Plan or cash received from participating in the Plan (including sales proceeds arising from any dividends paid on Shares acquired under the sale of SharesPlan) in a brokerage or bank account outside the Participant’s country. The Participant may be required to report such amountsaccounts, assets 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 from the sale of Shares or other funds received as a result of participation in the Plan to the Participant’s country through a designated bank or broker or bank within a certain time after receipt. The Participant acknowledges that it is responsible for ensuring compliance his or her responsibility to be compliant with any such regulations requirements, and should speak with consult his or her personal legal advisor regarding this matterfor any details.

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (SMART Global Holdings, Inc.)

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Foreign Asset/Account Reporting. The Participant’s country of residence may have certain foreign asset and/or account reporting requirements which may affect his or her ability to acquire or hold RSUs DRUs under the Plan or cash received from participating in the Plan (including sales proceeds arising from the sale of SharesCommon Units) in a brokerage or bank account outside the Participant’s country. The Participant may be required to report such amounts, 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 of other funds received as a result of participation in the Plan to the Participant’s country through a designated broker or bank within a certain time after receipt. The Participant is responsible for ensuring compliance with such regulations and should speak with his or her personal legal advisor regarding this matter.

Appears in 1 contract

Samples: Carlyle Group L.P.

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