Common use of Repatriation Requirements Clause in Contracts

Repatriation Requirements. As a condition to this Option grant, the Employee agrees to repatriate all sales proceeds and dividends attributable to Shares acquired under the Program in accordance with local foreign exchange rules and regulations. ISRAEL

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Abbott Laboratories), Abbott Laboratories Non Qualified Stock Option Agreement (Abbott Laboratories), Abbott Laboratories Non Qualified Replacement Stock Option Agreement (Abbott Laboratories)

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Repatriation Requirements. As a condition to this Option grant, the Employee agrees to repatriate all sales proceeds and dividends attributable to Shares acquired under the Program in accordance with local foreign exchange rules and regulations. Neither the Company nor any of its Subsidiaries shall be liable for any fines or penalties resulting from the Employee’s failure to comply with applicable laws. ISRAEL

Appears in 2 contracts

Samples: Abbott Laboratories Non Qualified Stock Option Agreement (Abbott Laboratories), Abbott Laboratories Non Qualified Stock Option Agreement (Abbott Laboratories)

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