Common use of For Employees in Israel Clause in Contracts

For Employees in Israel. By clicking your acceptance of this electronic contract you agree to all the provisions of this electronic contract and the Declaration of Employee as set forth below: If you elect the Capital Gains Route under Section 102, by clicking your acceptance of this electronic contract, you also agree to the following Letter of Authorization: “I authorize and direct UBS Financial Services Inc. (“UBS”) to transfer to [NAME OF TRUSTEE] (the “Section 102 Trustee”), or its designee, as soon as practicable after settlement all net proceeds of cash or shares resulting from any transactions involving Stock Options pursuant to the following bank wire and depository trust company instructions for such transfers to the Section 102 Trustee: Bank Name [WIRE INSTRUCTIONS INFORMATION] Branch [WIRE INSTRUCTIONS INFORMATION] Account Name [WIRE INSTRUCTIONS INFORMATION] Account Number [WIRE INSTRUCTIONS INFORMATION] SXXXX [WIRE INSTRUCTIONS INFORMATION] Bank Address [WIRE INSTRUCTIONS INFORMATION] Bank Name [WIRE INSTRUCTIONS INFORMATION] DTC Number [WIRE INSTRUCTIONS INFORMATION] Account Name [WIRE INSTRUCTIONS INFORMATION] Account Number [WIRE INSTRUCTIONS INFORMATION] F/F/C [WIRE INSTRUCTIONS INFORMATION] [WIRE INSTRUCTIONS INFORMATION] Bank Address [WIRE INSTRUCTIONS INFORMATION] I further authorize UBS to share information about me and about transactions in my account with Applied Materials, Inc., its subsidiaries and the Section 102 Trustee as may be reasonably necessary for Applied Materials, Inc., its subsidiaries and the Section 102 Trustee to meet tax withholding and reporting obligations and otherwise to administer the trust agreement(s) between Applied Materials, Inc., and the Section 102 Trustee. I authorize Applied Materials, Inc., to provide a copy of this Letter of Authorization to UBS and the Section 102 Trustee. This Letter of Authorization supersedes any earlier Letter of Authorization that I have provided to UBS concerning the transfer of proceeds.”

Appears in 2 contracts

Samples: Non Qualified Stock Option Grant Agreement (Applied Materials Inc /De), Non Qualified Stock Option Grant Agreement (Applied Materials Inc /De)

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For Employees in Israel. By clicking your acceptance of this electronic contract contract, you agree to all the provisions of this electronic contract and the Declaration of Employee as set forth below: If you elect “This electronic contract contains my electronic signature, which I have executed with the intent to sign this Agreement. Further, I have read and accept the terms and conditions of the Trust Deed executed between the Company and the Plan Trustee under Section 102 of the Israeli Income Tax ordinance [New Version], 1961 (“Section 102”). I declare that I am familiar with the provisions of Section 102 and the Capital Gains Route under Section 102. I undertake not to sell or transfer from the Trustee any Shares or any rights issued in respect of such Shares prior to the lapse of the requisite period under the Capital Gains Route of Section 102 unless I pay all taxes, by clicking your acceptance which may arise in connection with such sale and/or transfer.” Upon receipt of the Shares issued upon exercise of this electronic contractGrant, you also agree to the following Letter of Authorization: “I authorize and direct UBS Financial Services Inc. (“UBS”) to transfer to [NAME OF TRUSTEE] Txxxx Xxxxxxx (the “Section 102 Trustee”), or its designee, as soon as practicable after settlement all net proceeds of cash or shares resulting from any transactions involving Stock Options pursuant to the following bank wire and depository trust company instructions for such transfers to the Section 102 Trustee: Bank Name [WIRE INSTRUCTIONS INFORMATION] Branch [WIRE INSTRUCTIONS INFORMATION] Account Name [WIRE INSTRUCTIONS INFORMATION] Account Number [WIRE INSTRUCTIONS INFORMATION] SXXXX [WIRE INSTRUCTIONS INFORMATION] Bank Address [WIRE INSTRUCTIONS INFORMATION] Bank Name [WIRE INSTRUCTIONS INFORMATION] DTC Number [WIRE INSTRUCTIONS INFORMATION] Account Name [WIRE INSTRUCTIONS INFORMATION] Account Number [WIRE INSTRUCTIONS INFORMATION] F/F/C [WIRE INSTRUCTIONS INFORMATION] [WIRE INSTRUCTIONS INFORMATION] Bank Address [WIRE INSTRUCTIONS INFORMATION] I further authorize UBS to share information about me and about transactions in my account with Applied Materials, Inc., its subsidiaries and the Section 102 Trustee as may be reasonably necessary for Applied Materials, Inc., its subsidiaries and the Section 102 Trustee to meet tax withholding and reporting obligations and otherwise to administer the trust agreement(s) between Applied Materials, Inc., and the Section 102 Trustee. I authorize Applied Materials, Inc., to provide a copy of this Letter of Authorization to UBS and the Section 102 Trustee. This Letter of Authorization supersedes any earlier Letter of Authorization that I have provided to UBS concerning the transfer of proceeds.”

Appears in 2 contracts

Samples: Non Qualified Stock Option Grant Agreement (Applied Materials Inc /De), Non Qualified Stock Option Grant Agreement (Applied Materials Inc /De)

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For Employees in Israel. By clicking your acceptance of this electronic contract you agree to all the provisions of this electronic contract and the Declaration of Employee as set forth below: “This electronic contract contains my electronic signature, which I have executed with the intent to sign this Agreement. Further, I have read and accept the terms and conditions of the Trust Deed executed between the Company and the Plan Trustee under Section 102 of the Israeli Income Tax Ordinance [New Version], 1961 (“Section 102”). I declare that I am familiar with the provisions of Section 102 and the Capital Gains Route under Section 102. I undertake not to sell or transfer from the Trustee any Shares or any rights issued in respect of such Shares prior to the lapse of the requisite period under the Capital Gains Route of Section 102 unless I pay all taxes, which may arise in connection with such sale and/or transfer.” If you elect the Capital Gains Route under Section 102, by clicking your acceptance of this electronic contract, you also agree to the following Letter of Authorization: “I authorize and direct UBS Financial Services Inc. (“UBS”) to transfer to [NAME OF TRUSTEE] Txxxx Xxxxxxx (the “Section 102 Trustee”), or its designee, as soon as practicable after settlement all net proceeds of cash or shares resulting from any transactions involving Stock Options pursuant to the following bank wire and depository trust company instructions for such transfers to the Section 102 Trustee: Bank Name [WIRE INSTRUCTIONS INFORMATION] Branch [WIRE INSTRUCTIONS INFORMATION] Account Name [WIRE INSTRUCTIONS INFORMATION] Account Number [WIRE INSTRUCTIONS INFORMATION] SXXXX [WIRE INSTRUCTIONS INFORMATION] Bank Address [WIRE INSTRUCTIONS INFORMATION] Bank Name [WIRE INSTRUCTIONS INFORMATION] DTC Number [WIRE INSTRUCTIONS INFORMATION] Account Name [WIRE INSTRUCTIONS INFORMATION] Account Number [WIRE INSTRUCTIONS INFORMATION] F/F/C [WIRE INSTRUCTIONS INFORMATION] [WIRE INSTRUCTIONS INFORMATION] Bank Address [WIRE INSTRUCTIONS INFORMATION] I further authorize UBS to share information about me and about transactions in my account with Applied Materials, Inc., its subsidiaries and the Section 102 Trustee as may be reasonably necessary for Applied Materials, Inc., its subsidiaries and the Section 102 Trustee to meet tax withholding and reporting obligations and otherwise to administer the trust agreement(s) between Applied Materials, Inc., and the Section 102 Trustee. I authorize Applied Materials, Inc., to provide a copy of this Letter of Authorization to UBS and the Section 102 Trustee. This Letter of Authorization supersedes any earlier Letter of Authorization that I have provided to UBS concerning the transfer of proceeds.”

Appears in 1 contract

Samples: Non Qualified Stock Option Grant Agreement (Applied Materials Inc /De)

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