Common use of Account Reporting Information Clause in Contracts

Account Reporting Information. Korean residents must declare all foreign financial accounts (e.g., non-Korean bank accounts, brokerage accounts, etc.) to the Korean tax authority and file a report with respect to such accounts if the value of such accounts exceeds KRW 1 billion (or an equivalent amount in foreign currency). Participant should consult with his or her personal tax advisor to determine how to value Participant's foreign accounts for purposes of this reporting requirement and whether Participant is required to file a report with respect to such accounts.

Appears in 5 contracts

Samples: Stock Option Agreement (Nu Skin Enterprises Inc), Performance Stock Option Agreement (Nu Skin Enterprises Inc), Performance Restricted Stock Unit Agreement (Nu Skin Enterprises Inc)

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Account Reporting Information. Korean residents must declare all foreign financial accounts (e.g.i.e., non-Korean bank accounts, brokerage accounts, etc.) to the Korean tax authority and file a report with respect to such accounts if the value of such accounts exceeds KRW 1 billion (or an equivalent amount in foreign currency). Participant should is advised to consult with his or her personal tax advisor to determine how to value Participant's foreign accounts for purposes of ensure compliance with this reporting requirement and whether Participant is required to file a report with respect to such accountsrequirement.

Appears in 3 contracts

Samples: Global Restricted Stock Unit Agreement (Yum Brands Inc), Global Restricted Stock Unit Agreement (Yum Brands Inc), Global Restricted Stock Unit Agreement (Yum Brands Inc)

Account Reporting Information. Korean residents The Participant must declare all foreign financial accounts (e.g.i.e., non-Korean bank accounts, brokerage accounts, etc.) to the Korean tax authority authorities and file a report with respect to such accounts if the value of such accounts exceeds KRW 1 billion (or an equivalent amount in foreign currency)) on any month-end during a calendar year. The Participant should consult with his or her personal tax advisor to determine how to value Participant's foreign accounts for purposes of this any personal reporting requirement and whether Participant is required to file a report with respect to such accountsobligations.

Appears in 2 contracts

Samples: Option Agreement, Option Agreement (Nike Inc)

Account Reporting Information. Korean residents You must declare all foreign financial accounts (e.g., non-Korean bank accounts, brokerage accounts, etc.) to the Korean tax authority and file a report with respect to such accounts if the value of such accounts exceeds KRW 1 billion (or an equivalent amount in foreign currency). Participant should consult with his or her personal tax advisor to determine how to value Participant's foreign accounts for purposes of this reporting requirement and whether Participant is required to file a report with respect to such accounts.

Appears in 2 contracts

Samples: Performance Award Agreement (MSCI Inc.), Restricted Stock Unit Award Agreement (MSCI Inc.)

Account Reporting Information. South Korean residents must declare all foreign financial accounts (e.g.i.e., non-South Korean bank accounts, brokerage accounts, etc.) to the South Korean tax authority authorities and file a report with respect to such accounts if the value aggregate balance of such accounts exceeds a certain limit (currently KRW 1 billion (or an equivalent amount in foreign currency)) on any month-end date during the year. Participant should consult with his or her personal tax advisor to determine how to value Participant's ’s foreign accounts for purposes of this reporting requirement and whether Participant is required to file a report with respect to such accounts.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Align Technology Inc), Restricted Stock Unit Agreement (Align Technology Inc)

Account Reporting Information. Korean residents must You will be required to declare all foreign financial accounts (e.g.i.e., non-Korean bank accounts, brokerage accounts, etc.) to the Korean tax authority authorities and file a report with respect to such accounts if the value monthly balance of such accounts exceeds a certain limit (currently KRW 1 billion (or an equivalent amount in foreign currency). Participant You should consult with his or her your personal tax advisor to determine on how to value Participant's foreign accounts for purposes of this reporting requirement and whether Participant is you are required to file a report with respect to such accountsaccount.

Appears in 2 contracts

Samples: Performance Share Units Agreement (Bristol Myers Squibb Co), Market Share Units Agreement (Bristol Myers Squibb Co)

Account Reporting Information. Korean residents must declare all foreign financial accounts (e.g.i.e., non-Korean bank accounts, brokerage accounts, etc.) to the Korean tax authority and file a report with respect to such accounts if the value of such accounts exceeds KRW 1 billion (or an equivalent amount in foreign currency). Participant should consult with his or her personal tax advisor to determine how to value Participant's foreign accounts for purposes of this reporting requirement and whether Participant is required to file a report with respect to such accounts.

Appears in 2 contracts

Samples: Global Restricted Stock Unit Agreement (Coherent Inc), Global Performance Restricted Stock Unit Agreement (Coherent Inc)

Account Reporting Information. Korean residents must declare all foreign financial accounts (e.g.i.e., non-Korean bank accounts, brokerage accounts, etc.) to the Korean tax authority and file a report with respect to such accounts if the value monthly balance of such accounts exceeds KRW 1 billion (or an equivalent amount in foreign currency)a certain threshold on any month-end during a calendar year. Participant should consult with his or her personal tax advisor to determine how to value Participant's foreign accounts for purposes of this his or her personal reporting requirement and whether Participant is required to file a report with respect to such accountsobligations.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (3m Co), Performance Share Award Agreement (3m Co)

Account Reporting Information. Korean residents must declare all foreign financial accounts (e.g.i.e., non-Korean bank accounts, brokerage accounts, etc.) to the Korean tax authority and file a report with respect to such accounts if the value monthly balance of such accounts exceeds KRW 1 billion (or an equivalent amount in foreign currency). Participant should consult with his or her personal tax advisor to determine how to value Participant's foreign accounts for purposes of this reporting requirement and whether Participant is required to file ) on any month-end date during a report with respect to such accountscalendar year.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Workday, Inc.), Restricted Stock Unit Award Agreement (Workday, Inc.)

Account Reporting Information. Korean residents must declare all foreign financial accounts (e.g.i.e., non-Korean bank accounts, brokerage accounts, etc.) to the Korean tax authority and file a report with respect to such accounts if the value of such accounts exceeds KRW 1 billion (or an equivalent amount in foreign currency). The Participant should is advised to consult with his or her personal tax advisor to determine how to value Participant's foreign accounts for purposes of ensure compliance with this reporting requirement and whether Participant is required to file a report with respect to such accountsrequirement.

Appears in 2 contracts

Samples: Global Yum! Stock Appreciation Rights Agreement (Yum Brands Inc), Global Yum! Stock Appreciation Rights Agreement (Yum Brands Inc)

Account Reporting Information. Korean residents must declare all foreign financial accounts (e.g.i.e., non-Korean bank accounts, brokerage accounts, etc.) to the Korean tax authority and file a report with respect to such accounts if the value of such accounts exceeds KRW 1 billion (or an equivalent amount in foreign currency). Participant You should consult with his or her your personal tax advisor to determine how if the reporting obligation applies to value Participant's foreign accounts for purposes of this reporting requirement and whether Participant is required to file a report with respect to such accountsyour personal situation.

Appears in 2 contracts

Samples: Performance Restricted Stock Unit Agreement (Coach Inc), Restricted Stock Unit Award Agreement (Coach Inc)

Account Reporting Information. Korean residents must declare all foreign financial accounts (e.g., non-Korean bank accounts, brokerage accounts, etc.accounts holding shares) to the Korean tax authority and file a report with respect to such accounts if the value of such accounts exceeds KRW 1 billion 500 million (or an equivalent amount in foreign currency). Participant should 407411556-v2 consult with his or her personal tax advisor to determine how to value Participant's ’s foreign accounts for purposes of this reporting requirement and whether Participant is required to file a report with respect to such accounts. There are no country-specific provisions.

Appears in 2 contracts

Samples: Performance Stock Unit Award Agreement (Fortinet, Inc.), Restricted Stock Unit Award Agreement (Fortinet, Inc.)

Account Reporting Information. Korean residents must declare all foreign financial accounts (e.g., non-Korean bank accounts, brokerage accounts, etc.) to the Korean tax authority and file a report with respect to such accounts in June of the immediately following year if the value monthly balance of such accounts exceeds KRW 1 billion (or an equivalent amount in foreign currency). Participant should consult with his or her personal tax advisor to determine how to value Participant's foreign accounts for purposes of this reporting requirement and whether Participant is required to file ) on any month-end date during a report with respect to such accountscalendar year.

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (Mellanox Technologies, Ltd.)

Account Reporting Information. Korean residents must declare all foreign financial accounts (e.g.i.e., non-Korean bank accounts, brokerage accounts, etc.) to the Korean tax authority authorities and file a report with respect to such accounts if the value of such accounts exceeds KRW 1 billion (or an equivalent amount in foreign currency). Participant should consult with his or her personal tax advisor to determine how to value Participant's foreign accounts for purposes of this reporting requirement and whether Participant is required to file a report with respect to such accounts) on any month-end during the calendar year.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Nike Inc)

Account Reporting Information. Korean residents must declare all foreign financial accounts (e.g., non-Korean bank accounts, brokerage accounts, etc.bank accounts) to the Korean tax authority and file a report with respect to such accounts if the value of the assets in such accounts exceeds KRW 1 billion 1,000,000,000 (or an the equivalent amount in a foreign currency)) on any month-end date during the calendar year. Participant is responsible for complying with applicable reporting obligations and should consult with speak to his or her personal tax legal advisor to determine how to value Participant's foreign accounts for purposes of on this reporting requirement and whether Participant is required to file a report with respect to such accountsmatter.

Appears in 1 contract

Samples: Global Restricted Stock Unit Award Agreement (Ingersoll-Rand PLC)

Account Reporting Information. South Korean residents must declare all foreign financial accounts (e.g., non-South Korean bank accounts, brokerage accounts, etc.) to the South Korean tax authority and file a report with respect to such accounts if the value of such accounts exceeds KRW 1 billion (or an equivalent amount in foreign currency)) on any month-end date during a calendar year. Participant The Employee should consult with his or her personal tax advisor to determine how to value Participant's the Employee’s foreign accounts for purposes of this reporting requirement and whether Participant the Employee is required to file a report with respect to such accounts.

Appears in 1 contract

Samples: Global Deferred Stock Unit Agreement (Mondelez International, Inc.)

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Account Reporting Information. Korean residents must declare all foreign financial accounts (e.g., non-Korean bank accounts, brokerage accounts, etc.) to the Korean tax authority and file a report with respect to such accounts in June of the immediately following year if the value monthly balance of such accounts exceeds KRW 1 billion 500 million (or an equivalent amount in foreign currency)) on any month-end date during a calendar year. Participant It is your responsibility to comply with applicable reporting obligations and you should consult with his or her your personal tax advisor to determine how to value Participant's foreign accounts for purposes of in this reporting requirement and whether Participant is required to file a report with respect to such accounts.regard. 4815-4668-6195.2

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (NetApp, Inc.)

Account Reporting Information. Korean residents must declare all foreign financial accounts (e.g., non-Korean bank accounts, and brokerage accounts, etc.) to the Korean tax authority and file a report with respect to such accounts if the value of such accounts exceeds KRW 1 billion (or an equivalent amount in foreign currency)) on any month-end date during the calendar year. Participant The Optionee should consult with his or her a personal tax advisor to determine how to value Participant's foreign accounts for purposes of this reporting requirement and whether Participant the Optionee is required to file a report with respect to such accounts.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Realnetworks Inc)

Account Reporting Information. Korean residents must declare all foreign financial accounts (e.g.i.e., non-Korean bank accounts, brokerage accounts, etc.) in the foreign countries that have not entered into “inter-governmental agreement for automatic exchange of tax information” with Korea to the Korean tax authority and file a report with respect to such accounts if the value of such accounts exceeds KRW 1 billion (or an equivalent amount in foreign currency)) on any month-end during the calendar year. Participant The Recipient should consult with his or her personal tax advisor to determine how to value Participant's foreign accounts for purposes of this any personal reporting requirement and whether Participant is required to file a report with respect to such accountsobligations.

Appears in 1 contract

Samples: Global Restricted Stock Unit Agreement (Nike Inc)

Account Reporting Information. Korean residents must declare all foreign financial accounts (e.g., non-Korean bank accounts, brokerage accounts, etc.) to the Korean tax authority and file a report with respect to such accounts in June of the immediately following year if the value monthly balance of such accounts exceeds KRW 1 billion 500 million (or an equivalent amount in foreign currency)) on any month-end date during a calendar year. Participant It is your responsibility to comply with applicable reporting obligations and you should consult with his or her your personal tax advisor to determine how to value Participant's foreign accounts for purposes of in this reporting requirement and whether Participant is required to file a report with respect to such accounts.regard. 4000-0000-0000.2

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (NetApp, Inc.)

Account Reporting Information. Korean residents must declare all foreign financial accounts (e.g., non-Korean bank accounts, brokerage accounts, etc.bank accounts) to the Korean tax authority and file a report with respect to such accounts if the value of the assets in such accounts exceeds KRW 1 billion (or an the equivalent amount in a foreign currency). Participant should consult is responsible for complying with applicable reporting obligations and is advised to speak to his or her personal tax legal advisor to determine how to value Participant's foreign accounts for purposes of on this reporting requirement and whether Participant is required to file a report with respect to such accountsmatter.

Appears in 1 contract

Samples: Stock Unit Agreement (Marvell Technology Group LTD)

Account Reporting Information. If the Participant is a Korean residents resident, the Participant must declare all of his or her foreign financial accounts (e.g., non-Korean bank accounts, brokerage accounts, etc.) to the Korean tax authority and file a report with respect to such accounts if the value of such accounts exceeds KRW 1 billion 500 million (or an equivalent amount in foreign currency). The Participant should consult with his or her personal tax advisor to determine how to value the Participant's foreign accounts for purposes of this ’s personal reporting requirement and whether Participant is required to file a report with respect to such accountsobligations.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (PPG Industries Inc)

Account Reporting Information. Korean residents must declare all foreign financial accounts (e.g., non-Korean bank accounts, brokerage accounts, etc.) to the Korean tax authority and file a report with respect to such accounts in June of the immediately following year if the value monthly balance of such accounts exceeds KRW 1 billion 500 million (or an equivalent amount in foreign currency)) on any month-end date during a calendar year. Participant It is your responsibility to comply with applicable reporting obligations and you should consult with his or her your personal tax advisor to determine how to value Participant's foreign accounts for purposes of in this reporting requirement and whether Participant is required to file a report with respect to such accounts.regard. 4820-6121-2660.2

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (NetApp, Inc.)

Account Reporting Information. Korean residents must You will be required to declare all foreign financial accounts (e.g.i.e., non-Korean bank accounts, brokerage accounts, etc.) to the Korean tax authority authorities and file a report with respect to such accounts if the value monthly balance of such accounts exceeds a certain limit (currently KRW 1 billion (or an equivalent amount in foreign currency). Participant should consult with his or her personal tax advisor to determine how to value Participant's foreign accounts for purposes of this reporting requirement and whether Participant is required to file a report with respect to such accounts.

Appears in 1 contract

Samples: Performance Share Units Agreement (Bristol Myers Squibb Co)

Account Reporting Information. South Korean residents must declare all foreign financial accounts (e.g., non-South Korean bank accounts, brokerage accounts, etc.) to the South Korean tax authority and file a report with respect to such accounts if the value of such accounts exceeds KRW 1 billion (or an equivalent amount in foreign currency)) on any month-end date during a calendar year. The Participant should consult with his or her personal tax advisor to determine how to value the Participant's ’s foreign accounts for purposes of this reporting requirement and whether the Participant is required to file a report with respect to such accounts.

Appears in 1 contract

Samples: Global Long Term Incentive Grant Agreement (Mondelez International, Inc.)

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