Common use of Foreign Asset Reporting Information Clause in Contracts

Foreign Asset Reporting Information. Effective from January 1, 2014, PRC residents are required to report to SAFE details of their foreign financial assets and liabilities, as well as details of any economic transactions conducted with non-PRC residents, either directly or through financial institutions. Under these new rules, you may be subject to reporting obligations for the Option Shares or awards acquired under the Plan and Plan-related transactions. It is your responsibility to comply with this reporting obligation and you should consult your personal tax advisor in this regard.

Appears in 2 contracts

Samples: Employee Stock Option Agreement (EnerSys), Employee Stock Option Agreement (EnerSys)

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Foreign Asset Reporting Information. Effective from January 1, 2014, PRC residents are required to report to SAFE details of their foreign financial assets and liabilities, as well as details of any economic transactions conducted with non-PRC residents, either directly or through financial institutions. Under these new rules, you Participant may be subject to reporting obligations for the Option Shares or awards acquired under the Plan and Plan-related transactions. It is your Participant's responsibility to comply with this reporting obligation and you Participant should consult your his/her personal tax advisor in this regard.

Appears in 2 contracts

Samples: 2007 Stock Incentive Plan (Danaher Corp /De/), 2007 Stock Incentive Plan (Danaher Corp /De/)

Foreign Asset Reporting Information. Effective from January 1, 2014, PRC residents are required to report to SAFE details of their foreign financial assets and liabilities, as well as details of any economic transactions conducted with non-PRC residents, either directly or through financial institutions. Under these new rules, you Optionee may be subject to reporting obligations for the Option Shares or awards acquired under the Plan and Plan-Plan- related transactions. It is your Optionee's responsibility to comply with this reporting obligation and you Optionee should consult your his/her personal tax advisor in this regard.

Appears in 1 contract

Samples: 2007 Stock Incentive Plan (Danaher Corp /De/)

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Foreign Asset Reporting Information. Effective from January 1, 2014, PRC residents are required to report to SAFE details of their foreign financial assets and liabilities, as well as details of any economic transactions conducted with non-PRC residents, either directly or through financial institutions. Under these new rules, you Optionee may be subject to reporting obligations for the Option Shares or awards acquired under the Plan and Plan-related transactions. It is your Optionee's responsibility to comply with this reporting obligation and you Optionee should consult your his/her personal tax advisor in this regard.

Appears in 1 contract

Samples: 2007 Stock Incentive Plan (Danaher Corp /De/)

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