Common use of Exchange Control Notice Clause in Contracts

Exchange Control Notice. If the Participant holds Shares acquired under the Plan outside of Austria, the Participant must submit a report to the Austrian National Bank. An exemption applies if the value of the Shares as of any given quarter does not exceed €30,000,000 or as of December 31 does not exceed €5,000,000. If the former threshold is exceeded, quarterly obligations are imposed, whereas if the latter threshold is exceeded, annual reports must be given. The deadline for filing the quarterly report is the 15th day of the month following the end of the respective quarter. The annual reporting date is December 31 and the deadline for filing the annual report is January 31 of the following year. When the Participant sells Shares acquired under the Plan or receives a dividend payment, there may be exchange control obligations if the cash proceeds are held outside of Austria. If the transaction volume of all accounts abroad exceeds €10,000,000, the movements and balances of all accounts must be reported monthly, as of the last day of the month, on or before the fifteenth day of the following month, on the prescribed form (Meldungen SI-Forderungen und/oder SI-Verpflichtungen).

Exchange Control Notice. If the Participant Employee holds Shares acquired purchased under the Plan outside of Austria, the Participant must Employee will be required to submit a report reports to the Austrian National Bank. An exemption applies Bank as follows: (i) on a quarterly basis if the value of the Shares as of any given quarter does not exceed exceeds €30,000,000 or 30,000,000; and (ii) on an annual basis if the value of the Shares as of December 31 does not exceed exceeds €5,000,000. If The quarterly reporting date is as of the former threshold is exceeded, quarterly obligations are imposed, whereas if last day of the latter threshold is exceeded, annual reports must be given. The respective quarter; the deadline for filing the quarterly report is the 15th day of the month following the end of the respective quarter. The annual reporting date is December 31 and the deadline for filing the annual report is January 31 of the following year. When If the Participant Employee sells Shares acquired under the Plan or receives a dividend paymentany cash dividends, there the Employee may be have exchange control obligations if he or she holds the cash proceeds are held outside of Austria. If the transaction volume of all of the Employee’s accounts abroad exceeds €10,000,000, the Employee must report the movements and balances of all accounts must be reported monthlyon a monthly basis, as of the last day of the month, on or before the fifteenth 15th day of the following month, on the prescribed form (Meldungen SI-Forderungen und/oder SI-Verpflichtungen).

Exchange Control Notice. If the Participant Employee holds Shares acquired under the Plan outside of Austria, the Participant must Employee will be required to submit a report reports to the Austrian National Bank. An exemption applies Bank as follows: (i) on a quarterly basis if the value of the Shares as of any given quarter does not exceed exceeds €30,000,000 or 30,000,000; and (ii) on an annual basis if the value of the Shares as of December 31 does not exceed exceeds €5,000,000. If quarterly reporting is required, the former threshold is exceeded, quarterly obligations are imposed, whereas if the latter threshold is exceeded, annual reports must be given. The deadline for filing filed by the quarterly report is the 15th fifteenth day of the month following the end last day of the respective quarter. The annual reporting date is December 31 and the deadline for filing the annual report is January 31 of the following year. When If the Participant Employee sells Shares acquired under the Plan or receives a any cash dividends or dividend paymentequivalent payments, there the Employee may be have exchange control obligations if he or she holds the cash proceeds are held outside of Austria. If the transaction volume of all the Employee’s accounts abroad exceeds €10,000,000, the Employee must report the movements and balances of all accounts must be reported monthlyon a monthly basis, as of the last day of the month, on or before the fifteenth day of the following month, on the prescribed form (Meldungen SI-Forderungen und/oder SI-Verpflichtungen).

Exchange Control Notice. If the Participant Optionee holds Shares acquired under the Plan outside of Austria, the Participant Optionee must submit a report to the Austrian National Bank. An exemption applies if the value of the Shares as of any given quarter does not exceed €30,000,000 or as of December 31 does not exceed €5,000,000. If the former threshold is exceeded, quarterly obligations are imposed, whereas if the latter threshold is exceeded, annual reports must be given. The deadline for filing the quarterly report is the 15th day of the month following the end of the respective quarter. The annual reporting date is December 31 and the deadline for filing the annual report is January 31 of the following year. When the Participant Optionee sells Shares acquired under the Plan or receives a dividend payment, there the Optionee may be required to comply with certain exchange control obligations if the cash proceeds are held outside of Austria. If the transaction volume of all accounts abroad exceeds €10,000,000, the movements and balances of all accounts must be reported monthly, as of the last day of the month, on or before the fifteenth day of the following month, month on the prescribed form (Meldungen SI-Forderungen und/oder SI-Verpflichtungen).