Common use of Repatriation; Compliance with Laws Clause in Contracts

Repatriation; Compliance with Laws. If the Participant is resident or employed outside of the United States, the Participant may be required to repatriate all payments attributable to the Shares and/or cash acquired under the Plan (including, but not limited to, dividends and any proceeds derived from the sale of the Shares acquired pursuant to the RSUs) in accordance with local foreign exchange rules and regulations in the Participant’s country of residence (and country of employment, if different). It is the Participant’s responsibility to comply with all foreign exchange rules and all other local compliance requirements that he or she may be subject to with respect to his or her participation in the Plan. In addition, the Participant is required to take any and all actions, and consent to any and all actions taken by the Company and its Subsidiaries, as may be necessary to allow the Company and its Subsidiaries to comply with local laws, rules and regulations in the Participant’s country of residence (and country of employment, if different). The Participant is also required to take any and all actions as may be necessary to comply with the Participant’s personal legal, and tax obligations under local laws, rules and regulations in the Participant’s country of residence (and country of employment, if different).

Appears in 10 contracts

Samples: Restricted Stock Unit Award Agreement (Schlumberger Limited/Nv), Restricted Stock Unit Award Agreement (Cameron International Corp), Restricted Stock Unit Award Agreement (Cameron International Corp)

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Repatriation; Compliance with Laws. If the Participant Optionee is resident or employed outside of the United States, the Participant Optionee may be required to repatriate all payments attributable to the Shares and/or cash acquired under the Plan (including, but not limited to, dividends and any proceeds derived from the sale of the Shares acquired pursuant to the RSUsOption) in accordance with local foreign exchange rules and regulations in the ParticipantOptionee’s country of residence (and country of employment, if different). It is the ParticipantOptionee’s responsibility to comply with all foreign exchange rules and all other local compliance requirements that he or she may be subject to with respect to his or her participation in the Plan. In addition, the Participant Optionee is required to take any and all actions, and consent to any and all actions taken by the Company and its Subsidiaries, as may be necessary to allow the Company and its Subsidiaries to comply with local laws, rules and regulations in the ParticipantOptionee’s country of residence (and country of employment, if different). The Participant Optionee is also required to take any and all actions as may be necessary to comply with the ParticipantOptionee’s personal legal, and tax obligations under local laws, rules and regulations in the ParticipantOptionee’s country of residence (and country of employment, if different).

Appears in 10 contracts

Samples: Incentive Stock Option Agreement (Schlumberger Limited/Nv), Incentive Stock Option Agreement (Cameron International Corp), Incentive Stock Option Agreement (Cameron International Corp)

Repatriation; Compliance with Laws. If the Participant is resident or employed outside of the United States, the Participant may be required to repatriate all payments attributable to the Shares and/or cash acquired under the Plan (including, but not limited to, dividends and any proceeds derived from the sale of the Shares acquired pursuant to the RSUsPRSUs) in accordance with local foreign exchange rules and regulations in the Participant’s country of residence (and country of employment, if different). It is the Participant’s responsibility to comply with all foreign exchange rules and all other local compliance requirements that he or she may be subject to with respect to his or her participation in the Plan. In addition, the Participant is required to take any and all actions, and consent to any and all actions taken by the Company and its Subsidiaries, as may be necessary to allow the Company and its Subsidiaries to comply with local laws, rules and regulations in the Participant’s country of residence (and country of employment, if different). The Participant is also required to take any and all actions as may be necessary to comply with the Participant’s personal legal, legal and tax obligations under local laws, rules and regulations in the Participant’s country of residence (and country of employment, if different).

Appears in 3 contracts

Samples: Award Agreement (Schlumberger Limited/Nv), Restricted Stock Unit Award Agreement (Cameron International Corp), Restricted Stock Unit Award Agreement (Cameron International Corp)

Repatriation; Compliance with Laws. If the The Participant is resident or employed outside of the United States, the Participant may be required to repatriate all payments attributable to the Shares and/or cash acquired under the Plan (including, but not limited to, dividends and any proceeds derived from the sale of the Shares acquired pursuant to the RSUsPRSUs) in accordance with local foreign exchange rules and regulations in the Participant’s 's country of residence (and country of employment, if different). It is the Participant’s responsibility to comply with all foreign exchange rules and all other local compliance requirements that he or she may be subject to with respect to his or her participation in the Plan. In addition, the Participant is required to take any and all actions, and consent to any and all actions taken by the Company and its Subsidiaries, as may be necessary to allow the Company and its Subsidiaries to comply with local laws, rules and regulations in the Participant’s 's country of residence (and country of employment, if different). The Participant is also required to take any and all actions as may be necessary to comply with the Participant’s 's personal legal, legal and tax obligations under local laws, rules and regulations in the Participant’s 's country of residence (and country of employment, if different).

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Cameron International Corp)

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Repatriation; Compliance with Laws. If the Participant is resident or employed outside of the United States, the Participant may be required to repatriate all payments attributable to the Shares and/or cash acquired under the Plan (including, but not limited to, dividends and any proceeds derived from the sale of the Shares acquired pursuant to the RSUs) in accordance with local foreign exchange rules and regulations in the Participant’s 's country of residence (and country of employment, if different). It is the Participant’s responsibility to comply with all foreign exchange rules and all other local compliance requirements that he or she may be subject to with respect to his or her participation in the Plan. In addition, the Participant is required to take any and all actions, and consent to any and all actions taken by the Company and its Subsidiaries, as may be necessary to allow the Company and its Subsidiaries to comply with local laws, rules and regulations in the Participant’s country of residence (and country of employment, if different). The Participant is also required to take any and all actions as may be necessary to comply with the Participant’s personal legal, and tax obligations under local laws, rules and regulations in the Participant’s 's country of residence (and country of employment, if different).

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Cameron International Corp)

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