Common use of Stock Exchange Tax Clause in Contracts

Stock Exchange Tax. From January 1, 2017, a stock exchange tax applies to transactions executed through a non-Belgian financial intermediary. The stock exchange tax likely will apply when the Shares are sold. The Participant should consult with his or her personal tax advisor to determine his or her obligations with respect to the stock exchange tax. Brazil

Stock Exchange Tax. From January 1, 2017, a stock exchange tax applies to transactions executed through a non-Belgian financial intermediary. The stock exchange tax likely will apply when the Shares shares of Common Stock are sold. The Participant should consult with his or her personal tax advisor to determine his or her obligations with respect to the stock exchange tax. Brazil.

Stock Exchange Tax. From January 1, 2017, a stock exchange tax applies to transactions executed through a non-Belgian financial intermediary. The stock exchange tax likely will apply when the Shares are sold. The Participant should consult with his or her personal tax advisor to determine his or her obligations with respect to the stock exchange tax. BrazilBRAZIL

Stock Exchange Tax. From January 1, 2017, a stock exchange tax applies to transactions executed through a non-Belgian financial intermediary. The stock exchange tax will likely will apply when the Shares are sold. The Participant should consult with his or her personal tax advisor to determine his or her obligations with respect to the stock exchange tax. BrazilBRAZIL

Stock Exchange Tax. From January 1, 2017, a stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as E*TRADE. The stock exchange tax likely will apply when the Shares are sold. The Participant should consult with his or her personal tax advisor to determine for additional details on his or her obligations with respect to the stock exchange tax. BrazilBRAZIL

Stock Exchange Tax. From Effective January 1, 2017, a stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The stock exchange tax likely will apply when the Shares are sold. The Participant You should consult with his or her your personal tax advisor to determine his or her for additional details on your obligations with respect to the stock exchange tax. BrazilBRAZIL

Stock Exchange Tax. From January 1, 2017, a stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The stock exchange tax will likely will apply when Shares acquired upon vesting of the Shares Performance Units are sold. The Participant should consult with his or her personal tax advisor to determine for additional details on his or her obligations with respect to the stock exchange tax. BrazilBRAZIL

Stock Exchange Tax. From January 1, 2017, a stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as E*TRADE. The stock exchange tax likely will apply when the Shares are sold. The Participant should consult with his or her personal tax advisor to determine for additional details on his or her obligations with respect to the stock exchange tax. BrazilBRAZIL

Stock Exchange Tax. From January 1, 2017, a stock exchange tax applies to transactions executed through a non-Belgian financial intermediary. The stock exchange tax will likely will apply when the Shares shares of Common Stock are sold. The Participant You should consult with his or her your personal tax advisor to determine his or her your obligations with respect to the stock exchange tax. Brazil.