Common use of Country-Specific Terms and Conditions Clause in Contracts

Country-Specific Terms and Conditions. This Appendix includes special terms and conditions applicable to the Optionee if the Optionee primarily employed is in one of the countries listed below. These terms and conditions supplement or replace (as indicated) the terms and conditions set forth in the Stock Option Grant Agreement. If the Optionee is a citizen or resident of a country other than the one in which he or she is currently primarily working, or if the Optionee transfers primary employment or residency to another country after the Option is granted, the Company, in its discretion but subject to applicable laws, will determine the extent to which the terms and conditions set forth in this Appendix will apply to the Optionee. This Appendix also includes information relating to exchange control, foreign asset / account reporting requirements and other issues of which the Optionee should be aware with respect to his or her participation in the Plan. Such laws are often complex and change frequently. As a result, the Optionee should not rely on the information herein as the only source of information relating to the consequences of participation in the Plan because the information may be out of date at the time the Option is exercised or the shares acquired under the Plan are sold. In addition, the information is general in nature and may not apply to the Optionee’s particular situation. The Company is not in a position to assure the Optionee of any particular result. Accordingly, the Optionee should seek appropriate professional advice as to how the relevant laws in his or her country may apply to his or her situation. Finally, if the Optionee is a citizen or resident of a country other than the one in which he or she is currently primarily working and/or residing, or if the Optionee transfers employment or residency to another country after the Option is granted, the information contained herein may not be applicable to the Optionee.

Appears in 1 contract

Samples: Stock Option Grant Agreement (Balchem Corp)

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Country-Specific Terms and Conditions. This Appendix includes special terms and conditions applicable to the Optionee Grantee if the Optionee Grantee primarily employed is resides in one of the countries listed below. These terms and conditions supplement or replace (as indicated) the terms and conditions set forth in the Stock Option Grant Award Agreement. If the Optionee Grantee is a citizen or resident of a country other than the one in which he or she is currently primarily working, or if the Optionee Grantee transfers primary employment or residency to another country after the Option Restricted Shares is granted, the Company, in its discretion but subject to applicable laws, will determine the extent to which the terms and conditions set forth in this Appendix will apply to the OptioneeGrantee. This Appendix also includes information relating to exchange control, foreign asset / account reporting requirements and other issues of which the Optionee Grantee should be aware with respect to his or her participation in the Plan. Such laws are often complex and change frequently. As a result, the Optionee should Company strongly recommends that Grantee not rely on the information herein as the only source of information relating to the consequences of participation in the Plan because the information may be out of date at the time the Option is exercised Restricted Shares vests or the shares acquired under the Plan are sold. In addition, the information is general in nature and may not apply to the OptioneeXxxxxxx’s particular situation. The Company is not in a position to assure the Optionee Xxxxxxx of any particular result. Accordingly, the Optionee Xxxxxxx should seek appropriate professional advice as to how the relevant laws in his or her country may apply to his or her situation. Finally, if the Optionee Grantee is a citizen or resident of a country other than the one in which he or she is currently primarily working and/or residingworking, or if the Optionee Grantee transfers employment or residency to another country after the Option is Restricted Shares are granted, the information contained herein may not be applicable to the OptioneeGrantee.

Appears in 1 contract

Samples: Non Employee Directors Restricted Stock Grant Agreement (Balchem Corp)

Country-Specific Terms and Conditions. This Appendix includes special terms and conditions applicable to the Optionee Grantee if the Optionee Grantee is primarily employed is in one of the countries listed below. These terms and conditions supplement or replace (as indicated) the terms and conditions set forth in the Stock Option Grant Award Agreement. If the Optionee Grantee is a citizen or resident of a country other than the one in which he or she is currently primarily working, or if the Optionee Grantee transfers primary employment or residency to another country after the Option Restricted Shares is granted, the Company, in its discretion but subject to applicable laws, will determine the extent to which the terms and conditions set forth in this Appendix will apply to the OptioneeGrantee. This Appendix also includes information relating to exchange control, foreign asset / account reporting requirements and other issues of which the Optionee Grantee should be aware with respect to his or her participation in the Plan. Such laws are often complex and change frequently. As a result, the Optionee should Company strongly recommends that Grantee not rely on the information herein as the only source of information relating to the consequences of participation in the Plan because the information may be out of date at the time the Option is exercised Restricted Shares vests or the shares acquired under the Plan are sold. In addition, the information is general in nature and may not apply to the OptioneeXxxxxxx’s particular situation. The Company is not in a position to assure the Optionee Xxxxxxx of any particular result. Accordingly, the Optionee Xxxxxxx should seek appropriate professional advice as to how the relevant laws in his or her country may apply to his or her situation. Finally, if the Optionee Grantee is a citizen or resident of a country other than the one in which he or she is currently primarily working and/or residingworking, or if the Optionee Grantee transfers employment or residency to another country after the Option is Restricted Shares are granted, the information contained herein may not be applicable to the OptioneeGrantee.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (Balchem Corp)

Country-Specific Terms and Conditions. This Appendix includes special terms and conditions applicable to the Optionee if the Optionee primarily employed is resides in one of the countries listed below. These terms and conditions supplement or replace (as indicated) the terms and conditions set forth in the Stock Option Grant Award Agreement. If the Optionee is a citizen or resident of a country other than the one in which he or she is currently primarily working, or if the Optionee transfers primary employment or residency to another country after the Option is Options are granted, the Company, in its discretion but subject to applicable laws, will determine the extent to which the terms and conditions set forth in this Appendix will apply to the Optionee. This Appendix also includes information relating to exchange control, foreign asset / account reporting requirements and other issues of which the Optionee should be aware with respect to his or her participation in the Plan. Such laws are often complex and change frequently. As a result, the Company strongly recommends that Optionee should not rely on the information herein as the only source of information relating to the consequences of participation in the Plan because the information may be out of date at the time the Option is exercised Options vests or the shares acquired under the Plan are sold. In addition, the information is general in nature and may not apply to the Optionee’s particular situation. The Company is not in a position to assure the Optionee of any particular result. Accordingly, the Optionee should seek appropriate professional advice as to how the relevant laws in his or her country may apply to his or her situation. Finally, if the Optionee is a citizen or resident of a country other than the one in which he or she is currently primarily working and/or residingworking, or if the Optionee transfers employment or residency to another country after the Option is Options are granted, the information contained herein may not be applicable to the Optionee.. France

Appears in 1 contract

Samples: Stock Option Grant Agreement (Balchem Corp)

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Country-Specific Terms and Conditions. This Notwithstanding any other provision of this Option Agreement to the contrary, the Option shall be subject to the specific terms and conditions, if any, set forth in the Appendix includes special to this Option Agreement which are applicable to the Participant’s country of residence, the provisions of which are incorporated in and constitute part of this Agreement. Moreover, if the Participant relocates to one of the countries included in the Appendix, the specific terms and conditions applicable to such country will apply to the Optionee Option to the extent the Company determines that the application of such terms and conditions is necessary or advisable in order to comply with local law or facilitate the administration of the Plan or this Option Agreement. APPENDIX ADDITIONAL TERMS AND CONDITIONS OF LDR HOLDING CORPORATION 2013 EQUITY INCENTIVE PLAN STOCK OPTION AGREEMENT FOR NON-US PARTICIPANTS This Appendix includes additional terms and conditions that govern the Option granted to the Participant under the Plan if the Optionee primarily employed is Participant resides in one of the countries listed below. These Capitalized terms and conditions supplement or replace (as indicated) used but not defined in this Appendix have the terms and conditions meanings set forth in the Stock Plan and/or the Option Grant Agreement. If The Participant understands and agrees that the Optionee is a citizen or resident of a country other than Company strongly recommends that the one in which he or she is currently primarily working, or if the Optionee transfers primary employment or residency to another country after the Option is granted, the Company, in its discretion but subject to applicable laws, will determine the extent to which the terms and conditions set forth in this Appendix will apply to the Optionee. This Appendix also includes information relating to exchange control, foreign asset / account reporting requirements and other issues of which the Optionee should be aware with respect to his or her participation in the Plan. Such laws are often complex and change frequently. As a result, the Optionee should Participant not rely on the information herein as the only source of information relating to the consequences of participation in the Plan because applicable rules and regulations regularly change, sometimes on a retroactive basis, and the information may be out of date at the time the Option is vests or are exercised or the shares acquired Shares are issued under the Plan are sold. In addition, the information is general in nature and may not apply to the Optionee’s particular situationPlan. The Company is not in a position to assure the Optionee of any particular result. Accordingly, the Optionee should seek appropriate professional advice as to how the relevant laws in his or her country may apply to his or her situation. Finally, Participant further understands and agrees that if the Optionee Participant is a citizen or resident of a country other than the one in which he or she the Participant is currently primarily working and/or residingworking, transfer employment after grant of the Participant, or if the Optionee transfers employment or residency to is considered a resident of another country after the Option is grantedfor local law purposes, the information contained herein may not be applicable apply to the Optionee.Participant, and the Company shall, in its discretion, determine to what extent the terms and conditions contained herein shall apply. BRAZIL

Appears in 1 contract

Samples: Stock Option Agreement (LDR Holding Corp)

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