Exchange Control Notification. Cross-border payments in excess of €12,500 (including transactions made in connection with the sale of securities) must be reported monthly to the German Federal Bank (Bundesbank). If the Grantee makes or receives a payment in excess of this amount in connection with the Grantee’s participation in the Plan, the Grantee must report the payment to Bundesbank electronically using the “General Statistics Reporting Portal” (“Allgemeines Meldeportal Statistik”) available via Bundesbank’s website (xxx.xxxxxxxxxx.xx).
Appears in 5 contracts
Samples: Share Option Award Agreement (MYT Netherlands Parent B.V.), Phantom Share Award Agreement (MYT Netherlands Parent B.V.), Restricted Share Award Agreement (MYT Netherlands Parent B.V.)
Exchange Control Notification. Cross-border payments in excess of €EUR 12,500 (including transactions made in connection with the sale of securities) must be reported monthly to the German Federal Bank (Bundesbank)Bank. If the Grantee makes or receives a payment in excess of this amount in connection with the Grantee’s participation in the Plan, the Grantee The German Holder must report the payment to Bundesbank electronically using the “General Statistics Reporting Portal” (“Allgemeines Meldeportal Statistik”) available via Bundesbank’s website (xxx.xxxxxxxxxx.xx). In addition, the German Holder must also report on an annual basis in the unlikely event that the German Holder holds shares of Stock exceeding 10% of the total voting capital of the Company.
Appears in 4 contracts
Samples: Restricted Stock Unit Award Agreement (Mativ Holdings, Inc.), Performance Share Unit Award Agreement (Mativ Holdings, Inc.), Performance Share Unit Award Agreement (Mativ Holdings, Inc.)
Exchange Control Notification. Cross-border payments in excess of €12,500 a specified threshold (including transactions made in connection with the sale of securitiescurrently EUR 12,500) must be reported monthly to the German Federal Bank (Bundesbank). If the Grantee makes For payments made or receives a payment in excess of this amount received in connection with securities (including proceeds realized upon the Grantee’s participation in the Plansale of shares of Common Stock), the Grantee report must report the payment to Bundesbank be filed electronically using the “General Statistics Reporting Portal” (“Allgemeines Meldeportal Statistik”) available via Bundesbank’s website (xxx.xxxxxxxxxx.xx). The Participant is personally responsible for complying with applicable exchange control requirements in Germany.
Appears in 4 contracts
Samples: Restricted Stock Unit Agreement (Flowserve Corp), Restricted Stock Unit Agreement (Flowserve Corp), Restricted Stock Unit Agreement (Flowserve Corp)
Exchange Control Notification. Cross-border payments in excess of €EUR 12,500 (including transactions made in connection with the sale of securities) must be reported monthly to the German Federal Bank (Bundesbank). If the Grantee makes or a German resident receives a payment in excess of this amount in connection with the Grantee’s participation in the Planamount, the Grantee individual must report the payment to Bundesbank Bundesbank, either electronically using the “General Statistics Reporting Portal” (“Allgemeines Meldeportal Statistik”) available via Bundesbank’s on the Bundesbank website (xxx.xxxxxxxxxx.xx)) or via such other method (e.g., by email or telephone) as is permitted or required by Bundesbank. The report must be submitted monthly or within other such timing as is permitted or required by Bundesbank.
Appears in 2 contracts
Samples: Cash Incentive Award Agreement (First Solar, Inc.), Performance Cash Incentive Award Agreement (First Solar, Inc.)
Exchange Control Notification. Cross-border payments in excess of €12,500 (including transactions made in connection with the sale of securities) securities must be reported monthly to the Servicezentrum Außenwirtschaftsstatistik, which is the competent federal office of the Deutsche Bundesbank (the German Federal Bank (Bundesbank)Central Bank) for such notifications in Germany. It is the Grantee’s responsibility to complete any necessary notifications. If the Grantee makes or receives uses a payment in excess of this amount in connection German commercial bank to effectuate such cross-border payment, the bank will provide the Grantee with the Grantee’s participation in the Plan, the Grantee must report the payment to Bundesbank electronically using the “General Statistics Reporting Portal” (“Allgemeines Meldeportal Statistik”) available via Bundesbank’s website (xxx.xxxxxxxxxx.xx). required form.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Brightcove Inc)
Exchange Control Notification. Cross-border payments in excess of €12,500 (including transactions made in connection with the sale of securities) securities must be reported monthly to the Servicezentrum Außenwirtschaftsstatistik, which is the competent federal office of the Deutsche Bundesbank (the German Federal Bank (Bundesbank)Central Bank) for such notifications in Germany. It is the Optionee’s responsibility to complete any necessary notifications. If the Grantee makes or receives Optionee uses a payment in excess of this amount in connection German commercial bank to effectuate such cross-border payment, the bank will provide the Optionee with the Grantee’s participation in the Plan, the Grantee must report the payment to Bundesbank electronically using the “General Statistics Reporting Portal” (“Allgemeines Meldeportal Statistik”) available via Bundesbank’s website (xxx.xxxxxxxxxx.xx). required form.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Brightcove Inc)