Common use of Exchange Control Restrictions Clause in Contracts

Exchange Control Restrictions. To the extent that the Participant receives any Shares upon settlement of the Restricted Share Units, the Participant understands and agrees that the Participant will be required to immediately repatriate to China the proceeds from the sale of such Shares and any cash dividends paid on such Shares. The Participant further understands that such repatriation of proceeds may need to be effected through a special bank account established by the Company (or a Subsidiary), and the Participant hereby consents and agrees that any sale proceeds and cash dividends may be transferred to such special account by the Company (or a Subsidiary) on the Participant’s behalf prior to being delivered to the Participant and that no interest shall be paid with respect to funds held in such account. Any proceeds from the sale of Shares may be paid to the Participant in U.S. dollars or local currency at the Company’s discretion. If the proceeds are paid to the Participant in U.S. dollars, Participant understands that a U.S. dollar bank account in China must be established and maintained so that the proceeds may be deposited into such account. If the proceeds are paid to the Participant in local currency, the Participant acknowledges that the Company (or its Subsidiaries) are under no obligation to secure any particular exchange conversion rate and that the Company (or its Subsidiaries) may face delays in converting the proceeds to local currency due to exchange control restrictions. The Participant agrees to bear any currency fluctuation risk between the time the Shares are sold and the net proceeds are converted into local currency and distributed to the Participant. The Participant further agrees to comply with any other requirements that may be imposed by the Company in the future in order to facilitate compliance with exchange control requirements in China.

Exchange Control Restrictions. To the extent that the Participant receives any Shares upon settlement of the Restricted Share Units, the Participant understands and agrees that the that, if Participant is subject to exchange control laws in China, Participant will be required to repatriate immediately repatriate to China the proceeds from the sale of such any Shares and any cash dividends paid on such Sharesacquired under the Plan. The Participant further understands that such repatriation of sale proceeds may need to must be effected through a special bank account established by the Company (or with a Subsidiary), financial institution in China and the Participant hereby consents and agrees that any proceeds from the sale proceeds and cash dividends of Shares acquired under the Plan may be transferred to such special account by the Company (or a Subsidiary) on the Participant’s 's behalf prior to being delivered to the Participant and that no interest shall be paid with respect to funds held in such account. Any Sale proceeds from the sale of Shares may be paid to the Participant in U.S. dollars or local currency at the Company’s discretion. If the sale proceeds are paid to the Participant in U.S. dollars, Participant understands that Participant must establish and maintain a U.S. dollar bank account in China must be established and maintained so that the proceeds may be deposited into such account. If the sale proceeds are paid to the Participant in local currency, the Participant acknowledges that the Company (or its Subsidiaries) are is under no obligation to secure any particular exchange conversion rate and that the Company (or its Subsidiaries) may face delays in converting the sale proceeds to local currency due to exchange control restrictions. The Participant agrees to bear any currency fluctuation risk between the time the Shares shares of Common Stock are sold and the net proceeds are converted into local currency and distributed to the Participant. The Participant further agrees to comply with any other requirements that may be imposed by the Company in the future in order to facilitate compliance with exchange control requirements in China.

Exchange Control Restrictions. To the extent that the Participant receives any Shares upon settlement of the Restricted Share Units, the The Participant understands and agrees that the Participant will be he or she is required to immediately repatriate to China the proceeds from of the sale of such Shares and Shares, any cash dividends paid on such Sharesor dividend equivalents, and any other funds realized under the Plan to China. The Participant further understands that such the repatriation of proceeds such funds may need to be effected through a special bank exchange control account established by the Company (or a Subsidiary), subsidiary of the Company and the Participant hereby consents and agrees that any sale proceeds and cash dividends such funds may be transferred to such special account by the Company (or a Subsidiary) on the Participant’s behalf prior to being delivered to the Participant and that no interest shall be paid with respect to funds held in such Participant’s personal account. Any proceeds from The Participant also understands that the Company will deliver sale of Shares proceeds, any cash dividends or dividend equivalents, and any other funds realized under the Plan to the Participant as soon as practicable, but that there may be delays in distributing the funds due to exchange control requirements in China. Funds may be paid to the Participant in U.S. dollars or local currency at the Company’s discretion. If the proceeds funds are paid to the Participant in U.S. dollars, the Participant understands that will be required to set up a U.S. dollar bank account in China must be established and maintained so that the proceeds may be deposited into such this account. If the proceeds funds are paid to the Participant in local currency, the Participant acknowledges that the Company (or its Subsidiaries) are is under no obligation to secure any particular exchange currency conversion rate and that the Company (or its Subsidiaries) may face delays in converting the proceeds funds to local currency due to exchange control restrictionscurrency. The Participant agrees to bear any currency fluctuation risk between the time the Shares are sold and the time (i) the Tax-Related Items are converted to local currency and remitted to the tax authorities and/or (ii) the net proceeds are converted into to local currency and distributed to the Participant. The Participant further agrees to comply with any other requirements that may be imposed by the Company in the future in order to facilitate compliance with exchange control requirements in China.

Exchange Control Restrictions. To the extent that the Participant receives any Shares upon settlement of the Restricted Share UnitsSpecial Retention Award, the Participant understands and agrees that the Participant will be required to immediately repatriate to China the proceeds from the sale of such Shares and any cash dividends paid on such Shares. The Participant further understands that such repatriation of proceeds may need to be effected through a special bank account established by the Company (or a Subsidiary), and the Participant hereby consents and agrees that any sale proceeds and cash dividends may be transferred to such special account by the Company (or a Subsidiary) on the Participant’s behalf prior to being delivered to the Participant and that no interest shall be paid with respect to funds held in such account. Any proceeds from the sale of Shares may be paid to the Participant in U.S. dollars or local currency at the Company’s discretion. If the proceeds are paid to the Participant in U.S. dollars, Participant understands that a U.S. dollar bank account in China must be established and maintained so that the proceeds may be deposited into such account. If the proceeds are paid to the Participant in local currency, the Participant acknowledges that the Company (or its Subsidiaries) are under no obligation to secure any particular exchange conversion rate and that the Company (or its Subsidiaries) may face delays in converting the proceeds to local currency due to exchange control restrictions. The Participant agrees to bear any currency fluctuation risk between the time the Shares are sold and the net proceeds are converted into local currency and distributed to the Participant. The Participant further agrees to comply with any other requirements that may be imposed by the Company in the future in order to facilitate compliance with exchange control requirements in China.

Exchange Control Restrictions. To the extent that the Participant receives any Shares upon settlement of the Restricted Share Units, the The Participant understands and agrees that the Participant he or she will be required to immediately repatriate to China the proceeds from the sale of such Shares and any share of Common Stock acquired under the Plan or from any cash dividends dividend paid on such Sharesshare. The Participant further understands that such repatriation of the proceeds may need to be effected through a special bank exchange control account established by the Company (or a any Affiliate or Subsidiary), and the Participant hereby consents and agrees that any sale the proceeds and cash dividends may be transferred to such special account by the Company (or a Subsidiaryits designated broker) on the Participant’s behalf prior to being delivered to the Participant. The Participant also acknowledges and understands that no interest shall there may be paid with respect a delay between the date the shares of Common Stock are sold and the date the cash proceeds are distributed to funds held in the Participant. The Participant also agrees to sign any agreement, form and/or consent that may be reasonably requested by the Company (or the Company’s designated broker) to effectuate such accounttransfers. Any The proceeds from the sale of Shares may be paid to the Participant in U.S. dollars or local currency at the Company’s discretion. If the proceeds are paid to the Participant in U.S. dollars, the Participant understands that he or she will be required to set up a U.S. dollar bank account in China must be established and maintained so that the proceeds may be deposited into such this account. If the proceeds are paid to the Participant in local currency, (i) the Participant acknowledges that the Company (or its Subsidiaries) are is under no obligation to secure any particular exchange conversion rate and that the Company (or its Subsidiaries) may face delays in converting the proceeds to local currency due to exchange control restrictions. The , and (ii) the Participant agrees to bear any currency fluctuation risk between the time the Shares shares of Common Stock are sold or dividends are paid and the net time the proceeds are converted into to local currency and distributed to the Participant. The Participant further agrees to comply with any other requirements requirement that may be imposed by the Company in the future in order to facilitate compliance with exchange control requirements in China.