Common use of Exchange Control Restrictions Clause in Contracts

Exchange Control Restrictions. The Participant agrees to comply with any requirements that may be imposed by the Company in the future in order to facilitate compliance with exchange control requirements in China. These requirements may include, but are not limited to, immediate repatriation to China of the sale proceeds, an immediate sale of the mPRSUs at vesting, and/or repatriation of the cash proceeds through a special exchange control account.

Appears in 8 contracts

Samples: Market Based Performance Restricted Stock Unit Award Agreement (Lam Research Corp), Market Based Performance Restricted Stock Unit Award Agreement (Lam Research Corp), Market Based Performance Restricted Stock Unit Award Agreement (Lam Research Corp)

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Exchange Control Restrictions. The Participant agrees to comply with any requirements that may be imposed by the Company in the future in order to facilitate compliance with exchange control requirements in China. These requirements may include, but are not limited to, immediate repatriation to China of the sale proceeds, an immediate sale of the mPRSUs RSUs at vesting, and/or repatriation of the cash proceeds through a special exchange control account.

Appears in 6 contracts

Samples: Restricted Stock Unit Award Agreement (Lam Research Corp), Restricted Stock Unit Award Agreement, Restricted Stock Unit Award Agreement (Lam Research Corp)

Exchange Control Restrictions. The Participant agrees to comply with any requirements that may be imposed by the Company in the future in order to facilitate compliance with exchange control requirements in China. These requirements may include, but are not limited to, immediate repatriation to China of the sale proceeds, an immediate sale of the mPRSUs Shares at vestingexercise, and/or repatriation of the cash proceeds through a special exchange control account.

Appears in 4 contracts

Samples: Nonstatutory Stock Option Award Agreement (Lam Research Corp), Nonstatutory Stock Option Award Agreement (Lam Research Corp), Nonstatutory Stock Option Award Agreement (Lam Research Corp)

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Exchange Control Restrictions. The Participant agrees to comply with any requirements that may be imposed by the Company in the future in order to facilitate compliance with exchange control requirements in China. These requirements may include, but are not limited to, immediate repatriation to China of the sale proceeds, an immediate sale of the mPRSUs Shares at vestingexercise, and/or repatriation of the cash proceeds through a special exchange control account.. FRANCE

Appears in 1 contract

Samples: Nonstatutory Stock Option Award Agreement

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