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 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 By accepting the Restricted Share Stock Units, the Participant understands and agrees that, due to PRC exchange control restrictions, Participant is not permitted to transfer any Stock acquired under the Plan out of Participant’s account established with the Designated Broker, and that the Participant will be required to immediately repatriate to China the all proceeds from the sale of such Shares and Stock due to Participant under the Plan to the PRC, including any cash dividends paid on such Sharesproceeds from the sale of Stock acquired under the Plan. The Further, Participant further understands that such repatriation of proceeds may will need to be effected through a special bank exchange control account established by Prologis, the Company (Employer, or a Subsidiary)Related Company in the PRC, 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 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 accountParticipant. Any The proceeds from the sale of Shares may be paid to the Participant in U.S. dollars or in local currency currency, at the Company’s Prologis’ discretion. If the proceeds are paid to the Participant in U.S. dollars, 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 the PRC so that the proceeds may be deposited into such this account. If the proceeds are paid to the Participant in local currency, the Participant acknowledges that the neither Prologis nor any Related Company (or its Subsidiaries) are is under no an obligation to secure any particular exchange currency conversion rate and that the Company Prologis (or its Subsidiariesa Related Company) may face delays in converting the proceeds to local currency due to exchange control restrictionsrequirements in the PRC. The Participant agrees to bear any currency fluctuation risk between the time the Shares shares of Stock are sold and the net time the 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 Prologis in the future in order to facilitate compliance with PRC exchange control requirements in China.requirements. CZECH REPUBLIC