Common use of Compliance with Local Laws Clause in Contracts

Compliance with Local Laws. If the Participant is a resident of or employed in a country other than the United States, the Participant agrees, as a condition of the Performance Cash Award, to repatriate all payments attributable to the Performance Cash Award in accordance with local foreign exchange rules and regulations in the Participant's country of residence (and country of employment, if different). In addition, the Participant agrees to take any and all actions, and consents to any and all actions taken by the Company and the Participant's employer as may be required to allow the Company and the Participant's employer to comply with local laws, rules and regulations in the Participant's country of residence (and country of employment, if different). Finally, the Participant agrees to take any and all actions that may be required to comply with the Participant's personal legal and tax obligations under local laws, rules and regulations in the Participant's country of residence (and country of employment, if different).

Appears in 5 contracts

Samples: Award Agreement (Interpublic Group of Companies, Inc.), Performance Cash Award Agreement (Interpublic Group of Companies, Inc.), Performance Cash Award Agreement (Interpublic Group of Companies, Inc.)

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Compliance with Local Laws. If the Participant is a resident of or employed in a country other than the United States, the Participant agrees, as a condition of the Performance Cash Award, to repatriate all payments attributable to the Performance Cash Award in accordance with local foreign exchange rules and regulations in the Participant's ’s country of residence (and country of employment, if different). In addition, the Participant agrees to take any and all actions, and consents to any and all actions taken by the Company and the Participant's employer as may be required to allow the Company and the Participant's employer to comply with local laws, rules and regulations in the Participant's ’s country of residence (and country of employment, if different). Finally, the Participant agrees to take any and all actions that may be required to comply with the Participant's ’s personal legal and tax obligations under local laws, rules and regulations in the Participant's ’s country of residence (and country of employment, if different).

Appears in 3 contracts

Samples: Performance Cash Award Agreement (Interpublic Group of Companies, Inc.), Performance Cash Award Agreement (Interpublic Group of Companies, Inc.), www.sec.gov

Compliance with Local Laws. If the Participant is a resident of or employed in a country other than the United States, the Participant agrees, as a condition of the Performance Cash Award, to repatriate all payments attributable to the Performance Cash Award in accordance with local foreign exchange rules and regulations in the Participant's country of residence (and country of employment, if different). In addition, the Participant agrees to take any and all actions, and consents to any and all actions taken by the Company and the Participant's employer Employer as may be required to allow the Company and the Participant's employer Employer to comply with local laws, rules and regulations in the Participant's country of residence (and country of employment, if different). FinallyAdditionally, the Participant agrees to take any and all actions that may be required to comply with the Participant's personal legal and tax obligations under local laws, rules and regulations in the Participant's country of residence (and country of employment, if different).

Appears in 2 contracts

Samples: Restricted Cash Award Agreement (Interpublic Group of Companies, Inc.), Interpublic Group of Companies, Inc.

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Compliance with Local Laws. If the Participant is a resident of or employed in a country other than the United States, the Participant agrees, as a condition of the Performance Cash AwardOption, to repatriate all payments attributable to the Performance Cash Award Option in accordance with local foreign exchange rules and regulations in the Participant's country of residence (and country of employment, if different). In addition, the Participant agrees to take any and all actions, and consents to any and all actions taken by the Company and the Participant's employer Employer as may be required to allow the Company and the Participant's employer Employer to comply with local laws, rules and regulations in the Participant's country of residence (and country of employment, if different). Finally, the Participant agrees to take any and all actions that may be required to comply with the Participant's personal legal and tax obligations under local laws, rules and regulations in the Participant's country of residence (and country of employment, if different).

Appears in 1 contract

Samples: Nonstatutory Stock Option Award Agreement (Interpublic Group of Companies, Inc.)

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