Common use of Foreign Exchange Notice Clause in Contracts

Foreign Exchange Notice. The Grantee understands and acknowledges that the Grantee must notify the National Bank of Poland of the value of all foreign share ownership, including but not limited to Shares acquired under the Plan, if such ownership exceeds a designated threshold. The Grantee is strongly encouraged to consult with an appropriate legal advisor regarding these requirements.

Appears in 3 contracts

Sources: Restricted Stock Unit Award Agreement (Avon Products Inc), Performance Contingent Restricted Stock Unit Award Agreement (Avon Products Inc), Restricted Stock Unit Award Agreement (Avon Products Inc)