Foreign Asset/Account Reporting Requirements; Exchange Controls. Participant’s country may have certain foreign asset and/or account reporting requirements and exchange controls which may affect Participant’s ability to acquire or hold Shares under the Plan or cash received from participating in the Plan (including from any dividends received or sale proceeds arising from the sale of Shares) in a brokerage or bank account outside Participant’s country. Participant understands that Participant may be required to report such accounts, assets or transactions to the tax or other authorities in Participant’s country. Participant also may be required to repatriate sale proceeds or other funds received as a result of participation in the Plan to Participant’s country through a designated bank or broker and/or within a certain time after receipt. In addition, Participant may be subject to tax payment and/or reporting obligations in connection with any income realized under the Plan and/or from the sale of Shares. Participant acknowledges that it is Participant’s responsibility to be compliant with all such requirements, and that Participant should consult Participant’s personal legal and tax advisers, as applicable, to ensure compliance.
Appears in 5 contracts
Samples: Global Restricted Stock Unit Agreement (Pacific Biosciences of California, Inc.), Global Stock Option Agreement (Pacific Biosciences of California, Inc.), Performance Based Restricted Stock Unit Agreement (Pacific Biosciences of California, Inc.)
Foreign Asset/Account Reporting Requirements; Exchange Controls. Depending on the Participant’s country country, the Participant may have certain be subject to foreign asset asset/account, exchange control and/or account tax reporting requirements and exchange controls which may affect Participant’s ability to acquire or hold as a result of the vesting of the RSUs, the acquisition, holding and/or transfer of Shares under the Plan or cash received resulting from participating participation in the Plan (including from any dividends received or sale proceeds arising from and/or the sale opening and maintaining of Shares) in a brokerage or bank account outside Participant’s countryin connection with the Plan. Participant understands that The Participant may be required to report such assets, accounts, assets or account balances and values, and/or related transactions to the tax or other applicable authorities in the Participant’s country. The Participant may also may be required to repatriate sale proceeds or other funds received as a result of his or her participation in the Plan to the Participant’s country through a designated bank or broker and/or within a certain time after receipt. In addition, Participant may be subject to tax payment and/or reporting obligations in connection with any income realized under the Plan and/or from the sale of Shares. The Participant acknowledges that it the Participant is Participant’s responsibility to be compliant responsible for ensuring compliance with all such any applicable foreign asset/account, exchange control and tax reporting and other requirements, and . The Participant further understands that the Participant should consult the Participant’s personal tax and legal and tax advisersadvisors, as applicable, to ensure complianceon these matters.
Appears in 4 contracts
Samples: Time Based Restricted Stock Unit Award Agreement (Advance Auto Parts Inc), Time Based Restricted Stock Unit Award Agreement (Advance Auto Parts Inc), Time Based Restricted Stock Unit Award Agreement (Advance Auto Parts Inc)
Foreign Asset/Account Reporting Requirements; Exchange Controls. Depending on the Participant’s country country, the Participant may have certain be subject to foreign asset asset/account, exchange control and/or account tax reporting requirements and exchange controls which may affect Participant’s ability to acquire or hold as a result of the vesting of the PSUs, the acquisition, holding and/or transfer of Shares under the Plan or cash received resulting from participating participation in the Plan (including from any dividends received or sale proceeds arising from and/or the sale opening and maintaining of Shares) in a brokerage or bank account outside Participant’s countryin connection with the Plan. Participant understands that The Participant may be required to report such assets, accounts, assets or account balances and values, and/or related transactions to the tax or other applicable authorities in the Participant’s country. The Participant may also may be required to repatriate sale proceeds or other funds received as a result of his or her participation in the Plan to the Participant’s country through a designated bank or broker and/or within a certain time after receipt. In addition, Participant may be subject to tax payment and/or reporting obligations in connection with any income realized under the Plan and/or from the sale of Shares. The Participant acknowledges that it the Participant is Participant’s responsibility to be compliant responsible for ensuring compliance with all such any applicable foreign asset/account, exchange control and tax reporting and other requirements, and . The Participant further understands that the Participant should consult the Participant’s personal tax and legal and tax advisersadvisors, as applicable, to ensure complianceon these matters.
Appears in 4 contracts
Samples: Performance Based Restricted Stock Unit Award Agreement (Advance Auto Parts Inc), Performance Based Restricted Stock Unit Award Agreement (Advance Auto Parts Inc), Performance Based Restricted Stock Unit Award Agreement (Advance Auto Parts Inc)
Foreign Asset/Account Reporting Requirements; Exchange Controls. Depending on the Participant’s country country, the Participant may have certain be subject to foreign asset asset/account, exchange control and/or account tax reporting requirements and exchange controls which may affect Participant’s ability to acquire as a result of the vesting or hold exercise of the Option, the acquisition, holding and/or transfer of Shares under the Plan or cash received resulting from participating participation in the Plan (including from any dividends received or sale proceeds arising from and/or the sale opening and maintaining of Shares) in a brokerage or bank account outside Participant’s countryin connection with the Plan. Participant understands that The Participant may be required to report such assets, accounts, assets or account balances and values, and/or related transactions to the tax or other applicable authorities in the Participant’s country. The Participant may also may be required to repatriate sale proceeds or other funds received as a result of his or her participation in the Plan to the Participant’s country through a designated bank or broker and/or within a certain time after receipt. In addition, Participant may be subject to tax payment and/or reporting obligations in connection with any income realized under the Plan and/or from the sale of Shares. The Participant acknowledges that it the Participant is Participant’s responsibility to be compliant responsible for ensuring compliance with all such any applicable foreign asset/account, exchange control and tax reporting and other requirements, and . The Participant further understands that the Participant should consult the Participant’s personal tax and legal and tax advisersadvisors, as applicable, to ensure complianceon these matters.
Appears in 3 contracts
Samples: Time Based Nonqualified Option Award Agreement (Advance Auto Parts Inc), Time Based Nonstatutory Option Award Agreement (Advance Auto Parts Inc), Nonstatutory Option Award Agreement (Advance Auto Parts Inc)
Foreign Asset/Account Reporting Requirements; Exchange Controls. Depending on the Participant’s country country, the Participant may have certain be subject to foreign asset asset/account, exchange control and/or account tax reporting requirements and exchange controls which may affect Participant’s ability to acquire as a result of the vesting or hold exercise of the Option, the acquisition, holding and/or transfer of Shares under the Plan or cash received resulting from participating participation in the Plan (including from any dividends received or sale proceeds arising from and/or the sale opening and maintaining of Shares) in a brokerage or bank account outside Participant’s countryin connection with the Plan. Participant understands that The Participant may be required to report such assets, accounts, assets or account balances and values, and/or related transactions to the tax or other applicable authorities in the Participant’s country. The Participant may also may be required to repatriate sale proceeds or other funds received as a result of his or her participation in the Plan to the Participant’s country through a designated bank or broker and/or within a certain time after receipt. In addition, Participant may be subject to tax payment and/or reporting obligations in connection with any income realized under the Plan and/or from the sale of Shares. The Participant acknowledges that it the Participant is Participant’s responsibility to be compliant responsible for ensuring compliance with all such any applicable foreign asset/account, exchange control and tax reporting and other requirements, and . The Participant further understands that the Participant should consult the Participant’s personal tax and legal and tax advisersadvisors, as applicable, to ensure compliance.on these matters. DB1/ 138221714.3
Appears in 1 contract
Samples: Time Based Nonqualified Option Award Agreement (Advance Auto Parts Inc)