Common use of Repatriation; Compliance with Laws Clause in Contracts

Repatriation; Compliance with Laws. Employee agrees, as a condition of the grant of the PRS, to repatriate all payments attributable to the PRS and/or cash acquired under the Plan (including, but not limited to, dividends, dividend equivalents, and any proceeds derived from the sale of the shares of Common Stock acquired pursuant to the PRS) in accordance with all foreign exchange rules and regulations applicable to Employee. In addition, Employee also agrees to take any and all actions, and consents to any and all actions taken by the Company and the Employer, as may be required to allow the Company and the Employer to comply with all laws, rules and regulations applicable to Employee. Finally, Employee agrees to take any and all actions as may be required to comply with Employee’s personal legal and tax obligations under all laws, rules and regulations applicable to Employee.

Appears in 2 contracts

Samples: Restricted Stock (International Flavors & Fragrances Inc), Restricted Stock Agreement (International Flavors & Fragrances Inc)

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Repatriation; Compliance with Laws. Employee agrees, as a condition of the grant of the PRSUnits, to repatriate all payments attributable to the PRS Units and/or cash acquired under the Plan (including, but not limited to, dividends, dividend equivalents, and any proceeds derived from the sale of the shares of Common Stock acquired pursuant to the PRSUnits) in accordance with all foreign exchange rules and regulations applicable to Employee. In addition, Employee also agrees to take any and all actions, and consents to any and all actions taken by the Company and the Employer, as may be required to allow the Company and the Employer to comply with all laws, rules and regulations applicable to Employee. Finally, Employee agrees to take any and all actions as may be required to comply with Employee’s personal legal and tax obligations under all laws, rules and regulations applicable to Employee.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (International Flavors & Fragrances Inc)

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Repatriation; Compliance with Laws. Employee agrees, as a condition of the grant of the PRSSSARs, to repatriate all payments attributable to the PRS SSARs and/or cash acquired under the Plan (including, but not limited to, dividends, dividend equivalents, and any proceeds derived from the sale of the shares of Common Stock Shares acquired pursuant to the PRSSSARs) in accordance with all foreign exchange rules and regulations applicable to Employee. In addition, Employee also agrees to take any and all actions, and consents to any and all actions taken by the Company and the Employer, as may be required to allow the Company and the Employer to comply with all laws, rules and regulations applicable to Employee. Finally, Employee agrees to take any and all actions as may be required to comply with Employee’s personal legal and tax obligations under all laws, rules and regulations applicable to Employee.

Appears in 1 contract

Samples: Stock Settled Appreciation Rights Agreement (International Flavors & Fragrances Inc)

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