Examples of ASML Group in a sentence
Employee is deemed to retire for these Option Conditions in case Employee leaves the employment of Employer at the age of 65 (sixty five) years with one or less years of continued employment with ASML, ASML Group Company or her legal predecessors.
The “Rule of 65” determines that Employee is deemed to retire for these Option Conditions in case Employee leaves the employment of Employer at the age of 55 (fifty five) years after 10 (ten) years of continued employment with ASML, ASML Group Company or her legal predecessors.
All Options that have thus become null and void will do so without Option Holder being entitled to any compensation in this respect from Employer or another ASML Group Company.
In case of termination of the employment relationship between Employee and Employer for reasons other than those mentioned in paragraph 6 or 7 of Article 8, without immediate re-employment of Employee by Employer or another ASML Group Company, all Options granted which are not exercised at the time of termination of the employment relationship shall lapse forthwith, insofar as paragraph 9 of Article 8 is not applicable.
In case of termination of the employment relationship between Employee and Employer for reasons other than those mentioned in paragraph 6 or 7 of Article 8, without immediate re-employment of Employee by Employer or another ASML Group Company, all Options granted which are not exercised at the time of termination of the employment relationship shall lapse forthwith.
Central teams are located in the Netherlands (responsible for the tax and customs affairs of the Dutch ASML Group companies as well as for the rest of Europe), Hong Kong (responsible for all group companies in the Asian region) and the US (responsible for the US).
Option Holder is deemed to retire for these Option Conditions in case Option Holder leaves the employment of an ASML Group Company at the age of 65 (sixty five) years with one or less years of continued employment with the ASML Group Company or her legal predecessors.
Tax & Customs has organized its teams in a matrix organization that ensures appropriate coverage of all the tax and customs affairs in the countries in which the ASML Group companies are located.
The ASML Tax Accounting & Tax Compliance team is responsible for determination of ASML’s tax position under the various reporting standards which are applicable to the ASML Group (US GAAP, IFRS, Local GAAP), the preparation of tax returns of the ASML Group companies (such as VAT, CIT and WHT) as well as execution of other related compliance activities, such as country-by-country reporting, transfer price calculations, etc.
Employee is deemed to retire for these Option Conditions in case Employee leaves the employment of Employer at the age of 65 (sixty five) years with one or less years of continued employment with ASML, Group Company or her legal predecessors.