Common use of Currency Exchange Risk Clause in Contracts

Currency Exchange Risk. If your functional currency is not the U.S. dollar, you agree and acknowledge that you will bear any and all risk associated with the exchange or fluctuation of currency associated with the Award (the “Currency Exchange Risk”). You waive and release the Corporation and its subsidiaries from any potential claims arising out of the Currency Exchange Risk.

Appears in 13 contracts

Samples: Long Term Incentive Performance Award Agreement (Lockheed Martin Corp), Performance Stock Unit Award Agreement (Lockheed Martin Corp), Performance Stock Unit Award Agreement (Lockheed Martin Corp)

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Currency Exchange Risk. If your functional currency is not the U.S. dollar, you agree and acknowledge that you will bear any and all risk associated with the exchange or fluctuation of currency associated with the Award (the “Currency Exchange Risk”). You waive and release the Corporation and its subsidiaries from any potential claims arising out of the Currency Exchange Risk.. Award Date: February 27, 2020

Appears in 1 contract

Samples: Long Term Incentive Performance Award Agreement (Lockheed Martin Corp)

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