Common use of Foreign Asset/Account Reporting Requirements; Exchange Controls Clause in Contracts

Foreign Asset/Account Reporting Requirements; Exchange Controls. The Participant's country may have certain foreign asset and/or account reporting requirements and exchange controls which may affect the 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 the Participant's country. The Participant understands that he or she may be required to report such accounts, assets or transactions to the tax or other authorities in the Participant's country of residence. The Participant also may be required to repatriate sale proceeds or other funds received as a result of participation in the Plan to his or her country through a designated bank or broker and/or within a certain time after receipt. The Participant acknowledges that it is the Participant's responsibility to be aware of and compliant with all such requirements, and that the Participant should consult a personal legal and tax advisor, as applicable, to ensure the Participant's compliance.

Appears in 5 contracts

Samples: Stock Option Agreement (Expedia Group, Inc.), Restricted Stock Unit Agreement (Expedia Group, Inc.), Performance Stock Unit Agreement (Expedia Group, Inc.)

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Foreign Asset/Account Reporting Requirements; Exchange Controls. The Participant's country may have certain foreign asset and/or account reporting requirements and exchange controls which may affect the 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 the Participant's country. The Participant understands that he or she may be required to report such accounts, assets or transactions to the tax or other authorities in the Participant's country of residencecountry. The Participant also may be required to repatriate sale proceeds or other funds received as a result of participation in the Plan to his or her country through a designated bank or broker and/or within a certain time after receipt. The Participant acknowledges that it is the Participant's responsibility to be aware of and compliant with all such requirements, and that the Participant should consult a personal legal and tax advisor, as applicable, to ensure the Participant's compliance.

Appears in 4 contracts

Samples: Stock Option Agreement (Expedia Group, Inc.), Restricted Stock Unit Agreement (Expedia Group, Inc.), Restricted Stock Unit Agreement (Expedia Group, Inc.)

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Foreign Asset/Account Reporting Requirements; Exchange Controls. The Participant's ’s country may have certain foreign asset and/or account reporting requirements and exchange controls which may affect the Participant's ’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 the Participant's ’s country. The Participant understands that he or she may be required to report such accounts, assets or transactions to the tax or other authorities in the Participant's ’s country of residence. The Participant also may be required to repatriate sale proceeds or other funds received as a result of participation in the Plan to his or her country through a designated bank or broker and/or within a certain time after receipt. The Participant acknowledges that it is the Participant's ’s responsibility to be aware of and compliant with all such requirements, and that the Participant should consult a personal legal and tax advisor, as applicable, to ensure the Participant's ’s compliance.

Appears in 2 contracts

Samples: Performance Stock Unit Agreement (Expedia Group, Inc.), Restricted Stock Unit Agreement (Expedia Group, Inc.)

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