Common use of Joint Election Clause in Contracts

Joint Election. In the case of Associates who are U.K. tax residents, the RSU Award is conditional upon the Associate hereby agreeing to accept any liability for any employer National Insurance contributions (“Employer NICs”) which may be payable by the Employer in connection with the vesting, assignment, release or cancellation of any RSUs. The Employer NICs may be collected by the Company or the Employer using any of the methods described in Section 2.5. Without prejudice to the foregoing, the Associate agrees to execute a joint election with Company and/or the Employer (“Election”), the form of such Election being formally approved by HMRC, and any other consent or elections required to accomplish the transfer of the Employer NICs to the Associate. The Associate further agrees to execute such other joint elections as may be required between the Associate and any successor to the Company and/or the Employer. If the Associate does not make an Election prior to the vesting of the RSUs or if approval to the Election is withdrawn by HMRC and a new Election is not entered into, without any liability to the Company, the Employer or any Subsidiary, the RSUs shall become null and void without any liability to the Company and/or the Employer.

Joint Election. In If the case of Associates who are Associate is a U.K. tax residentsresident, the RSU Award is conditional upon Company may require the Associate hereby agreeing to accept any liability for any employer National Insurance contributions (“Employer NICs”) which may be payable by the Employer in connection with the vesting, assignment, release or cancellation of any RSUs. The Employer NICs may be collected by the Company or the Employer using any of the methods described in Section 2.52.5 of the Agreement. Without prejudice to the foregoing, the Associate agrees to execute or accept the terms of a joint election with the Company and/or the Employer (“Election”), the form of such Election being formally approved by HMRC, and any other consent or elections required to accomplish the transfer of the Employer NICs to the Associate. The Associate further agrees to execute or accept the terms of such other joint elections as may be required between the Associate and any successor to the Company and/or the Employer. If the Associate does not make an Election prior to the vesting of the RSUs or if approval to the Election is withdrawn by HMRC and a new Election is not entered into, without any liability to the Company, the Employer or any SubsidiarySubsidiary or Designated Associate Company, the RSUs shall become null and void without any liability to the Company and/or the Employer.Employer and will not vest. UNITED STATES OF AMERICA Notifications

Joint Election. In the case of Associates Executives who are U.K. tax residents, the RSU Award is conditional upon the Associate Executive hereby agreeing to accept any liability for any employer National Insurance contributions (“Employer NICs”) which may be payable by the Employer in connection with the vesting, assignment, release or cancellation of any RSUs. The Employer NICs may be collected by the Company or the Employer using any of the methods described in Section 2.5. Without prejudice to the foregoing, the Associate Executive agrees to execute a joint election with Company and/or the Employer (“Election”), the form of such Election being formally approved by Her Majesty’s Revenue & Customs (“HMRC”), and any other consent or elections required to accomplish the transfer of the Employer NICs to the AssociateExecutive. The Associate Executive further agrees to execute such other joint elections as may be required between the Associate Executive and any successor to the Company and/or the Employer. If the Associate Executive does not make an Election prior to the vesting of the RSUs or if approval to the Election is withdrawn by HMRC and a new Election is not entered into, without any liability to the Company, the Employer or any Subsidiary, the RSUs shall become null and void without any liability to the Company and/or the Employer.. UNITED STATES OF AMERICA

Joint Election. In the case of Associates Executives who are U.K. tax residents, the RSU Award is conditional upon the Associate Executive hereby agreeing to accept any liability for any employer National Insurance contributions (“Employer NICs”) which may be payable by the Employer in connection with the vesting, assignment, release or cancellation of any RSUs. The Employer NICs may be collected by the Company or the Employer using any of the methods described in Section 2.5. Without prejudice to the foregoing, the Associate Executive agrees to execute a joint election with Company and/or the Employer (“Election”), the form of such Election being formally approved by Her Majesty’s Revenue & Customs (“HMRC”), and any other consent or elections required to accomplish the transfer of the Employer NICs to the AssociateExecutive. The Associate Executive further agrees to execute such other joint elections as may be required between the Associate Executive and any successor to the Company and/or the Employer. If the Associate Executive does not make an Election prior to the vesting of the RSUs or if approval to the Election is withdrawn by HMRC and a new Election is not entered into, without any liability to the Company, the Employer or any Subsidiary, the RSUs shall become null and void without any liability to the Company and/or the Employer.

Joint Election. In If the case of Associates who are Optionee is a U.K. tax residentsresident, the RSU Award grant of this Option is conditional upon the Associate Optionee hereby agreeing to accept any liability for any employer National Insurance contributions (“Employer NICs”) which may be payable by the Employer in connection with the vestingexercise, assignment, release or cancellation of any RSUsOption. The Employer NICs may be collected by the Company or the Employer using any of the methods described in Section 2.54 of the Agreement. Without prejudice to the foregoing, the Associate Optionee agrees to execute a joint election with the Company and/or the Employer (“Election”), the form of such Election being formally approved by HMRC, and any other consent or elections required to accomplish the transfer of the Employer NICs to the AssociateOptionee. The Associate Optionee further agrees to execute such other joint elections as may be required between the Associate Optionee and any successor to the Company and/or the Employer. If the Associate Optionee does not make an Election prior to the vesting of the RSUs Option or if approval to the Election is withdrawn by HMRC and a new Election is not entered into, without any liability to the Company, the Employer or any SubsidiarySubsidiary of the Company, the RSUs Option shall become null and void without any liability to the Company and/or the Employer.Employer and may not be exercised by the Optionee. UNITED STATES OF AMERICA Notifications

Joint Election. In If the case of Associates who are Optionee is a U.K. tax residentsresident, the RSU Award grant of this Option is conditional upon the Associate Optionee hereby agreeing to accept any liability for any employer National Insurance contributions (“Employer NICs”) which may be payable by the Employer in connection with the vestingexercise, assignment, release or cancellation of any RSUsOption. The Employer NICs may be collected by the Company or the Employer using any of the methods described in Section 2.54 of the Agreement. Without prejudice to the foregoing, the Associate Optionee agrees to execute a joint election with the Company and/or the Employer (“Election”), the form of such Election being formally approved by HMRC, and any other consent or elections required to accomplish the transfer of the Employer NICs to the AssociateOptionee. The Associate Optionee further agrees to execute such other joint elections as may be required between the Associate Optionee and any successor to the Company and/or the Employer. If the Associate Optionee does not make an Election prior to the vesting of the RSUs Option or if approval to the Election is withdrawn by HMRC and a new Election is not entered into, without any liability to the Company, the Employer or any SubsidiarySubsidiary of the Company, the RSUs Option shall become null and void without any liability to the Company and/or the EmployerEmployer and may not be exercised by the Optionee.

Joint Election. In If the case of Associates who are Associate is a U.K. tax residentsresident, the grant of the RSU Award is conditional upon the Associate hereby agreeing to accept any liability for any employer National Insurance contributions (“Employer NICs”) which may be payable by the Employer in connection with the vesting, assignment, release or cancellation of any RSUsRSU. The Employer NICs may be collected by the Company or the Employer using any of the methods described in Section 2.52.5 of the Agreement. Without prejudice to the foregoing, the Associate agrees to execute a joint election with the Company and/or the Employer (“Election”), the form of such Election being formally approved by HMRC, and any other consent or elections required to accomplish the transfer of the Employer NICs to the Associate. The Associate further agrees to execute such other joint elections as may be required between the Associate and any successor to the Company and/or the Employer. If the Associate does not make an Election prior to the vesting of the RSUs or if approval to the Election is withdrawn by HMRC and a new Election is not entered into, without any liability to the Company, the Employer or any Subsidiary, the RSUs shall become null and void without any liability to the Company and/or the EmployerEmployer and will not vest.