Common use of Currency Risk Clause in Contracts

Currency Risk. If the DIP PSU Award is related to any Shares and those Shares are traded in a currency which is not the currency in the Grantee’s jurisdiction, the value of the Shares may also be affected by movements in the exchange rate. Neither the Company nor any Subsidiary, nor any entity or person acting on their behalf is liable for any depreciation (or other impact) on any Shares due to movements in the exchange rate or any charges imposed in relation to the conversion or transfer of money.

Appears in 4 contracts

Sources: Deferred Incentive Award Agreement (Janus Henderson Group PLC), Deferred Incentive Award Agreement (Janus Henderson Group PLC), Deferred Incentive Award Agreement (Janus Henderson Group PLC)