Common use of Financial Aspects of Awards Clause in Contracts

Financial Aspects of Awards. The offering of Awards has no immediate financial consequences for the Participant. The value of the Shares the Participant acquires under the Plan is not taken into account when calculating holiday allowances, pension contributions or other statutory consideration calculated on the basis of salary. Shares are financial instruments and investing in shares will always have financial risk. The possibility of profit at the time the Participant sells his or her Shares will not only be dependent on the Company’s financial development, but also on the general development of the stock market, among other things. In addition, in the case of Options, if the Participant exercises his or her Option and purchase Shares, the Shares could decrease in value even below the exercise price. Xxxxxx Group Holdings Public Limited Company [INSERT DANISH TRANSLATION] DUBAI/UAE Notifications Securities Law Information The Option granted under the Plan is being offered only to eligible employees of the Company and its Subsidiaries or the Employer and is in the nature of providing equity incentives to eligible employees of the Company, a Subsidiary or the Employer. Any documents related to the Option, including the Plan, the Agreement (including the Schedules thereto) and any other grant documents (“Grant Documents”), are intended for distribution only to such eligible employees and must not be delivered to, or relied on by, any other person. The United Arab Emirates securities or financial/economic authorities have no responsibility for reviewing or verifying any Grant Documents and have not approved the Grant Documents nor taken steps to verify the information set out in them, and thus, are not responsible for their content. The Optionee is aware that the Optionee should, as a prospective stockholder, conduct his or her own due diligence on the securities. The Optionee acknowledges that if he does not understand the contents of the Grant Documents, the Optionee should consult an authorized financial advisor. FINLAND There are no country-specific provisions. FRANCE Terms and Conditions Language Consent By accepting the Option, the Optionee confirms having read and understood the documents relating to this grant (the Plan, the Agreement and this Schedule A) which were provided in English language. The Optionee accepts the terms of those documents accordingly. En acceptant l’attribution, vous confirmez ainsi avoir lu et compris les documents relatifs à cette attribution (le Plan, le contrat et cette Annexe A) qui ont été communiqués en langue anglaise. Vous acceptez les termes en connaissance de cause. Notifications Tax Information The Option is not intended to be a tax-favored option. Exchange Control Information If the Optionee maintains a foreign bank account, he or she is required to report such to the French tax authorities when filing his or her annual tax return.

Appears in 2 contracts

Samples: Performance Based Share Option Award Agreement, Time Based Share Option Award Agreement

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Financial Aspects of Awards. The offering of Awards has no immediate financial consequences for the Participant. The value of the Shares the Participant acquires under the Plan is not taken into account when calculating holiday allowances, pension contributions or other statutory consideration calculated on the basis of salary. Shares are financial instruments and investing in shares will always have financial risk. The possibility of profit at the time the Participant sells his or her Shares will not only be dependent on the Company’s financial development, but also on the general development of the stock market, among other things. In addition, in the case of Options, if the Participant exercises his or her Option and purchase Shares, the Shares could decrease in value even below the exercise price. Xxxxxx Group Holdings Public Limited Company [INSERT DANISH TRANSLATION] DUBAI/UAE Notifications Securities Law Information The Option RSUs granted under the Plan is being offered only to eligible employees of the Company and its Subsidiaries or Designated Associate Companies or the Employer and is in the nature of providing equity incentives to eligible employees of the Company, a Subsidiary Subsidiary, a Designated Associate Company or the Employer. Any documents related to the OptionRSUs, including the Plan, the Agreement (including the Schedules thereto) and any other grant documents (“Grant Documents”), are intended for distribution only to such eligible employees and must not be delivered to, or relied on by, any other person. The United Arab Emirates securities or financial/economic authorities have no responsibility for reviewing or verifying any Grant Documents and have not approved the Grant Documents nor taken steps to verify the information set out in them, and thus, are not responsible for their content. The Optionee Associate is aware that the Optionee Associate should, as a prospective stockholder, conduct his or her own due diligence on the securities. The Optionee Associate acknowledges that if he does not understand the contents of the Grant Documents, the Optionee Associate should consult an authorized financial advisor. FINLAND There are no country-specific provisions. FRANCE Terms and Conditions Language Consent By accepting the Option, the Optionee confirms having read and understood the documents relating to this grant (the Plan, the Agreement and this Schedule A) which were provided in English language. The Optionee accepts the terms of those documents accordingly. En acceptant l’attribution, vous confirmez ainsi avoir lu et compris les documents relatifs à cette attribution (le Plan, le contrat et cette Annexe A) qui ont été communiqués en langue anglaise. Vous acceptez les termes en connaissance de cause. Notifications Tax Information The Option is not intended to be a tax-favored option. Exchange Control Information If the Optionee maintains a foreign bank account, he or she is required to report such to the French tax authorities when filing his or her annual tax return.

Appears in 1 contract

Samples: Performance Based Restricted Share Unit Award Agreement (Willis Group Holdings PLC)

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Financial Aspects of Awards. The offering of Awards has no immediate financial consequences for the Participant. The value of the Shares the Participant acquires under the Plan is not taken into account when calculating holiday allowances, pension contributions or other statutory consideration calculated on the basis of salary. Shares are financial instruments and investing in shares will always have financial risk. The possibility of profit at the time the Participant sells his or her Shares will not only be dependent on the Company’s financial development, but also on the general development of the stock market, among other things. In addition, in the case of Options, if the Participant exercises his or her Option and purchase Shares, the Shares could decrease in value even below the exercise price. Xxxxxx Group Holdings Public Limited Company [INSERT DANISH TRANSLATION] DUBAI/UAE Notifications Securities Law Information The Option RSUs granted under the Plan is being offered only to eligible employees of the Company and its Subsidiaries or Designated Associate Companies or the Employer and is in the nature of providing equity incentives to eligible employees of the Company, a Subsidiary Subsidiary, a Designated Associate Company or the Employer. Any documents related to the OptionRSUs, including the Plan, the Agreement (including the Schedules thereto) and any other grant documents (“Grant Documents”), are intended for distribution only to such eligible employees and must not be delivered to, or relied on by, any other person. The United Arab Emirates securities or financial/economic authorities have no responsibility for reviewing or verifying any Grant Documents and have not approved the Grant Documents nor taken steps to verify the information set out in them, and thus, are not responsible for their content. The Optionee Associate is aware that the Optionee Associate should, as a prospective stockholder, conduct his or her own due diligence on the securities. The Optionee Associate acknowledges that if he does not understand the contents of the Grant Documents, the Optionee Associate should consult an authorized financial advisor. FINLAND There are no country-specific provisions. FRANCE Terms and Conditions Language Consent By accepting the OptionRSUs, the Optionee Associate confirms having read and understood the documents relating to this grant (the Plan, the Agreement and this Schedule A) which were provided in English language. The Optionee Associate accepts the terms of those documents accordingly. En acceptant l’attribution, vous confirmez ainsi avoir lu et compris les documents relatifs à cette attribution (le Plan, le contrat et cette Annexe A) qui ont été communiqués en langue anglaise. Vous acceptez les termes en connaissance de cause. Notifications Tax Information The Option is RSUs are not intended to be a tax-favored option. Exchange Control Information If the Optionee maintains a foreign bank account, he or she is required to report such to the French tax authorities when filing his or her annual tax returnRestricted Share Xxxxx.

Appears in 1 contract

Samples: Performance Based Restricted Share Unit Award Agreement

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