Common use of Exchange Control Notification Clause in Contracts

Exchange Control Notification. Proceeds from the sale of Shares may be held in a cash account abroad and you are no longer required to report the opening and maintenance of a foreign account to the Czech National Bank (the “CNB”), unless the CNB notifies you specifically that such reporting is required. Upon request of the CNB, you may need to file a notification within 15 days of the end of the calendar quarter in which you acquire Shares.

Appears in 9 contracts

Samples: Stock Option Agreement and Restricted Stock Unit Agreement, Award Notice (Amgen Inc), Award Notice (Amgen Inc)

AutoNDA by SimpleDocs

Exchange Control Notification. Proceeds from the sale of Shares shares of Common Stock may be held in a cash account abroad and you are no longer required to report the opening and maintenance of a foreign account to the Czech National Bank (the “CNB”), unless the CNB notifies you specifically that such reporting is required. Upon request of the CNB, you may need to file a notification within 15 days of the end of the calendar quarter in which you acquire Sharesshares of Common Stock.

Appears in 5 contracts

Samples: Performance Unit Agreement, Award Notice (Amgen Inc), Award Notice (Amgen Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!