Common use of Russia Clause in Contracts

Russia. If Restricted Stock Units are granted to employees in Russia, the Restricted Stock Units will be paid to you in cash at vesting. You will receive the cash equivalent of the fair market value of the Shares at vesting. You will not be entitled to receive any Shares pursuant to the grant of Restricted Stock Units. When you receive cash at vesting, you may be required to repatriate the funds to Russia through an “F” type account opened at an authorized bank in Russia. After you remit the sale proceeds back to Russia, you may transfer the funds to a foreign bank account subject to the following limitations: (1) the foreign account may be opened only for individuals; (2) the foreign account may not be used for business activities; (3) you must give notice to the Russian tax authorities about the opening/closing of each foreign account within one month after the account opening/closing; and (4) you must notify the account balances on your foreign accounts as of the beginning of each calendar year to the Russian tax authorities. There may be additional restrictions if you send/receive more than US$150,000 into/out of Russia within a calendar year.

Russia. If Restricted Stock Units are granted to employees in Russia, the Restricted Stock Units will be paid to you in cash at vesting. You will receive the cash equivalent of the fair market value of the Shares at vesting. You will not be entitled to receive any Shares pursuant to the grant of Restricted Stock Units. When you receive cash at vesting, you may be required to repatriate the funds to Russia through an “F” type account opened at an authorized bank in Russia. After you remit the sale proceeds back to Russia, you may transfer the funds to a foreign bank account subject to the following limitations: (1) the foreign account may be opened only for individuals; (2) the foreign account may not be used for business activities; (3) you must give notice to the Russian tax authorities about the opening/closing of each foreign account within one month after the account opening/closing; and (4) you must notify the account balances on your foreign accounts as of the beginning of each calendar year to the Russian tax authorities. There may be additional restrictions if you send/receive more than US$150,000 into/out of Russia within a calendar year.. April ▇▇▇▇