Exchange Control Restrictions. You understand and agree that, if you are subject to exchange control laws in China, you will be required to immediately repatriate to China the proceeds from the sale of any shares of Common Stock acquired under the Plan. You further understand that such repatriation of the proceeds may need to be effected through a special exchange control account established by NCR or a Subsidiary or Affiliate, and you hereby consent and agree that the proceeds from the sale of shares of Common Stock acquired under the Plan may be transferred to such account by NCR (or the broker) on your behalf prior to being delivered to you. You also agree to sign any agreements, forms and/or consents that may be reasonably requested by NCR (or the broker) to effectuate such transfers. The proceeds may be paid to you in U.S. dollars or local currency at NCR’s discretion. If the proceeds are paid to you in U.S. dollars, you understand that you will be required to set up a U.S. dollar bank account in China so that the proceeds may be deposited into this account. If the proceeds are paid to you in local currency, (i) you acknowledge that NCR is under no obligation to secure any particular exchange conversion rate and that NCR may face delays in converting the proceeds to local currency due to exchange control restrictions, and (ii) you agree to bear any currency fluctuation risk between the time the shares of Common Stock are sold and the time the proceeds are converted to local currency and distributed to you. Finally, you agree to comply with any other requirements that may be imposed by NCR in the future in order to facilitate compliance with exchange control requirements in China.
Appears in 13 contracts
Samples: Performance Based Restricted Stock Unit Award Agreement (NCR Corp), Performance Based Restricted Stock Unit Award Agreement (NCR Corp), Performance Vesting Restricted Stock Unit Award Agreement (NCR Corp)
Exchange Control Restrictions. You understand and agree that, if you are subject to exchange control laws in China, you will be required to immediately repatriate to China the proceeds from the sale of any shares of Common Stock Shares acquired under the Plan. You further understand that such repatriation of the proceeds may need to be effected through a special exchange control account established by NCR or a Subsidiary or Affiliate, and you hereby consent and agree that the proceeds from the sale of shares of Common Stock Shares acquired under the Plan may be transferred to such account by NCR (or the broker) on your behalf prior to being delivered to you. You also agree to sign any agreements, forms and/or consents that may be reasonably requested by NCR (or the broker) to effectuate such transfers. The proceeds may be paid to you in U.S. dollars or local currency at NCR’s discretion. If the proceeds are paid to you in U.S. dollars, you understand that you will be required to set up a U.S. dollar bank account in China so that the proceeds may be deposited into this account. If the proceeds are paid to you in local currency, (i) you acknowledge that NCR is under no obligation to secure any particular exchange conversion rate and that NCR may face delays in converting the proceeds to local currency due to exchange control restrictions, and (ii) you agree to bear any currency fluctuation risk between the time the shares of Common Stock Shares are sold and the time the proceeds are converted to local currency and distributed to you. Finally, you agree to comply with any other requirements that may be imposed by NCR in the future in order to facilitate compliance with exchange control requirements in China.
Appears in 13 contracts
Samples: Performance Based Restricted Stock Unit Award Agreement (NCR Corp), Performance Based Restricted Stock Unit Award Agreement (NCR Corp), Performance Based Restricted Stock Unit Award Agreement (NCR Corp)
Exchange Control Restrictions. You understand and agree that, if you are subject to exchange control laws in China, you will be required to immediately repatriate to China the proceeds from the sale of any shares of Common Stock Option Shares acquired under the Plan. You further understand that such repatriation of the proceeds may need to be effected through a special exchange control account established by NCR or a Subsidiary or Affiliate, and you hereby consent and agree that the proceeds from the sale of shares of Common Stock Option Shares acquired under the Plan may be transferred to such account by NCR (or the broker) on your behalf prior to being delivered to you. You also agree to sign any agreements, forms and/or consents that may be reasonably requested by NCR (or the broker) to effectuate such transfers. The proceeds may be paid to you in U.S. dollars or local currency at NCR’s discretion. If the proceeds are paid to you in U.S. dollars, you understand that you will be required to set up a U.S. dollar bank account in China so that the proceeds may be deposited into this account. If the proceeds are paid to you in local currency, (i) you acknowledge that NCR is under no obligation to secure any particular exchange conversion rate and that NCR may face delays in converting the proceeds to local currency due to exchange control restrictions, and (ii) you agree to bear any currency fluctuation risk between the time the shares of Common Stock Option Shares are sold and the time the proceeds are converted to local currency and distributed to you. Finally, you agree to comply with any other requirements that may be imposed by NCR in the future in order to facilitate compliance with exchange control requirements in China.
Appears in 8 contracts
Samples: Premium Priced Option Award Agreement (NCR Corp), Premium Priced Option Award Agreement (NCR Corp), Stock Option Award Agreement (NCR Corp)
Exchange Control Restrictions. You understand and agree that, if you are subject to exchange control laws in China, you will be required to immediately repatriate to China the proceeds from the sale of any shares of NCR Common Stock acquired under the Plan. You further understand that such repatriation of the proceeds may need to be effected through a special exchange control account established by NCR or a Subsidiary or Affiliate, and you hereby consent and agree that the proceeds from the sale of shares of NCR Common Stock acquired under the Plan may be transferred to such account by NCR (or the broker) on your behalf prior to being delivered to you. You also agree to sign any agreements, forms and/or consents that may be reasonably requested by NCR (or the broker) to effectuate such transfers. The proceeds may be paid to you in U.S. dollars or local currency at NCR’s discretion. If the proceeds are paid to you in U.S. dollars, you understand that you will be required to set up a U.S. dollar bank account in China so that the proceeds may be deposited into this account. If the proceeds are paid to you in local currency, (i) you acknowledge that NCR is under no obligation to secure any particular exchange conversion rate and that NCR may face delays in converting the proceeds to local currency due to exchange control restrictions, and (ii) you agree to bear any currency fluctuation risk between the time the shares of NCR Common Stock are sold and the time the proceeds are converted to local currency and distributed to you. Finally, you agree to comply with any other requirements that may be imposed by NCR in the future in order to facilitate compliance with exchange control requirements in China.
Appears in 7 contracts
Samples: Time Based Restricted Stock Unit Award Agreement (NCR Corp), Time Based Restricted Stock Unit Award Agreement (NCR Corp), Time Based Restricted Stock Unit Award Agreement (NCR Corp)
Exchange Control Restrictions. You By accepting the Award, you understand and agree that, if due to PRC exchange control restrictions, you are subject not permitted to exchange control laws in China, you will be required to immediately repatriate to China the proceeds from the sale of transfer any shares of Common Stock acquired under the Plan. You further understand that such repatriation Plan out of the proceeds may need to be effected through a special exchange control your account established by NCR or a Subsidiary or Affiliatewith the Designated Broker and that you will be required to repatriate all proceeds due to you under the Plan to the PRC, and you hereby consent and agree that the including any proceeds from the sale of shares of Common Stock acquired under the Plan or dividends. Further, you understand that such repatriation will need to be effected through a special exchange control account established by the Company or Subsidiary in the PRC, and you hereby consent and agree that the proceeds may be transferred to such special account by NCR (or the broker) on your behalf prior to being delivered to you. You also agree to sign any agreements, forms and/or consents that may be reasonably requested by NCR (or the broker) to effectuate such transfers. The proceeds may be paid to you in U.S. dollars or in local currency currency, at NCRthe Company’s discretion. If the proceeds are paid to you in U.S. dollars, you understand that you will be required to set up a U.S. dollar bank account in China the PRC so that the proceeds may be deposited into this account. If the proceeds are paid to you in local currency, (i) you acknowledge that NCR neither the Company nor any Subsidiary is under no an obligation to secure any particular exchange currency conversion rate and that NCR the Company (or a Subsidiary) may face delays in converting the proceeds to local currency due to exchange control restrictions, and (ii) you requirements in the PRC. You agree to bear any currency fluctuation risk between the time the shares of Common Stock are sold and the time the proceeds are converted to into local currency and distributed to you. Finally, you You further agree to comply with any other requirements that may be imposed by NCR the Company in the future in order to facilitate compliance with PRC exchange control requirements in Chinarequirements.
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement (Motorola Solutions, Inc.), Restricted Stock Unit Award Agreement (Motorola Solutions, Inc.), Restricted Stock Unit Award Agreement (Motorola Solutions, Inc.)
Exchange Control Restrictions. You By accepting the Award, you understand and agree that, if due to PRC exchange control restrictions, you are subject not permitted to exchange control laws in China, you will be required to immediately repatriate to China the proceeds from the sale of transfer any shares of Common Stock acquired under the Plan. You further understand that such repatriation Plan out of the proceeds may need to be effected through a special exchange control your account established by NCR or a Subsidiary or Affiliatewith the Designated Broker and that you will be required to repatriate all proceeds due to you under the Plan to the PRC, and you hereby consent and agree that the including any proceeds from the sale of shares of Common Stock acquired under the Plan or dividends. Further, you understand that such repatriation will need to be effected through a special exchange control account established by the Company or Subsidiary in the PRC, and you hereby consent and agree that the proceeds may be transferred to such special account by NCR (or the broker) on your behalf prior to being delivered to you. You also agree to sign any agreements, forms and/or consents that may be reasonably requested by NCR (or the broker) to effectuate such transfers. The proceeds may be paid to you in U.S. dollars or in local currency currency, at NCRthe Company’s discretion. If the proceeds are paid to you in U.S. dollars, you understand that you will be required to set up a U.S. dollar bank account in China the PRC so that the proceeds may be deposited into this account. You understand that if you fail to set up such account or fail to provide the requested details to the Company, you might not be able to receive sale proceeds or delivery of proceeds may be delayed. Further, you understand that if you do not otherwise claim the proceeds within 2 years of the exercise date, the proceeds may be surrendered to the Company. If the proceeds are paid to you in local currency, (i) you acknowledge that NCR neither the Company nor any Subsidiary is under no an obligation to secure any particular exchange currency conversion rate and that NCR the Company (or a Subsidiary) may face delays in converting the proceeds to local currency due to exchange control restrictions, and (ii) you requirements in the PRC. You agree to bear any currency fluctuation risk between the time the shares of Common Stock are sold and the time the proceeds are converted to into local currency and distributed to you. Finally, you You further agree to comply with any other requirements that may be imposed by NCR the Company in the future in order to facilitate compliance with PRC exchange control requirements in China.requirements. COLOMBIA
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement (Motorola Solutions, Inc.), Restricted Stock Unit Award Agreement (Motorola Solutions, Inc.), Restricted Stock Unit Award Agreement (Motorola Solutions, Inc.)
Exchange Control Restrictions. You By accepting the Award, you understand and agree that, if due to PRC exchange control restrictions, you are subject not permitted to exchange control laws in China, you will be required to immediately repatriate to China the proceeds from the sale of transfer any shares of Common Stock acquired under the Plan. You further understand that such repatriation Plan out of the proceeds may need to be effected through a special exchange control your account established by NCR or a Subsidiary or Affiliatewith the Designated Broker and that you will be required to repatriate all proceeds due to you under the Plan to the PRC, and you hereby consent and agree that the including any proceeds from the sale of shares of Common Stock acquired under the Plan or dividends. Further, you understand that such repatriation will need to be effected through a special exchange control account established by the Company or Subsidiary in the PRC, and you hereby consent and agree that the proceeds may be transferred to such special account by NCR (or the broker) on your behalf prior to being delivered to you. You also agree to sign any agreements, forms and/or consents that may be reasonably requested by NCR (or the broker) to effectuate such transfers. The proceeds may be paid to you in U.S. dollars or in local currency currency, at NCRthe Company’s discretion. If the proceeds are paid to you in U.S. dollars, you understand that you will be required to set up a U.S. dollar bank account in China the PRC so that the proceeds may be deposited into this account. You understand that if you fail to set up such account or fail to provide the requested details to the Company, you might not be able to receive sale proceeds or delivery of proceeds may be delayed. Further, you understand that if you do not otherwise claim the proceeds within 2 years of the exercise date, the proceeds may be surrendered to the Company. If the proceeds are paid to you in local currency, (i) you acknowledge that NCR neither the Company nor any Subsidiary is under no an obligation to secure any particular exchange currency conversion rate and that NCR the Company (or a Subsidiary) may face delays in converting the proceeds to local currency due to exchange control restrictions, and (ii) you requirements in the PRC. You agree to bear any currency fluctuation risk between the time the shares of Common Stock are sold and the time the proceeds are converted to into local currency and distributed to you. Finally, you You further agree to comply with any other requirements that may be imposed by NCR the Company in the future in order to facilitate compliance with PRC exchange control requirements in Chinarequirements.
Appears in 2 contracts
Samples: Restricted Stock Unit Award Agreement (Motorola Solutions, Inc.), Restricted Stock Unit Award Agreement (Motorola Solutions, Inc.)
Exchange Control Restrictions. You By accepting the Award, you understand and agree that, if due to PRC exchange control restrictions, you are subject not permitted to exchange control laws in China, you will be required to immediately repatriate to China the proceeds from the sale of transfer any shares of Common Stock acquired under the Plan. You further understand that such repatriation Plan out of the proceeds may need to be effected through a special exchange control your account established by NCR or a Subsidiary or Affiliatewith the Designated Broker and that you will be required to repatriate all proceeds due to you under the Plan to the PRC, and you hereby consent and agree that the including any proceeds from the sale of shares of Common Stock acquired under the Plan or dividends. Further, you understand that such repatriation will need to be effected through a special exchange control account established by the Company or Subsidiary in the PRC, and you hereby consent and agree that the proceeds may be transferred to such special account by NCR (or the broker) on your behalf prior to being delivered to you. You also agree to sign any agreements, forms and/or consents that may be reasonably requested by NCR (or the broker) to effectuate such transfers. The proceeds may be paid to you in U.S. dollars or in local currency currency, at NCRthe Company’s discretion. If the proceeds are paid to you in U.S. dollars, you understand that you will be required to set up a U.S. dollar bank account in China the PRC so that the proceeds may be deposited into this account. You understand that if you fail to set up such account or fail to provide the requested details to the Company, you might not be able to receive sale proceeds or delivery of proceeds may be delayed. Further, you understand that if you do not otherwise claim the proceeds with 2 years of the exercise date, the proceeds may be surrendered to the Company. If the proceeds are paid to you in local currency, (i) you acknowledge that NCR neither the Company nor any Subsidiary is under no an obligation to secure any particular exchange currency conversion rate and that NCR the Company (or a Subsidiary) may face delays in converting the proceeds to local currency due to exchange control restrictions, and (ii) you requirements in the PRC. You agree to bear any currency fluctuation risk between the time the shares of Common Stock are sold and the time the proceeds are converted to into local currency and distributed to you. Finally, you You further agree to comply with any other requirements that may be imposed by NCR the Company in the future in order to facilitate compliance with PRC exchange control requirements in Chinarequirements.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Motorola Solutions, Inc.)