Common use of Foreign Assets Reporting Information Clause in Contracts

Foreign Assets Reporting Information. If Participant maintains a foreign bank account outside of Japan with a value exceeding ¥50 million as of December 31, Participant is required to report such to the Japanese authorities by March 15th each year. Korea Notifications

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Mindspeed Technologies, Inc)

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Foreign Assets Reporting Information. If Participant the Employee maintains a foreign bank account outside of Japan with a value exceeding ¥50 million as of December 3131 of any calendar year, Participant the Employee is required to report such to the Japanese authorities by March 15th each of the following year. Korea NotificationsKOREA

Appears in 1 contract

Samples: Award Agreement (Kimberly Clark Corp)

Foreign Assets Reporting Information. If the Participant maintains a foreign bank account outside of Japan with a value exceeding ¥50 million as of December 3131 of any calendar year, the Participant is required to report such to the Japanese authorities by March 15th each of the following year. KOREA Exchange Control Information If the Participant receives US$500,000 or more from the sale of shares of Common Stock or the receipt of dividends paid on such shares in a single transaction, Korean exchange control laws require the Participant to repatriate the proceeds to Korea Notificationswithin 18 months of the sale/receipt.

Appears in 1 contract

Samples: Award Agreement (Kimberly Clark Corp)

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Foreign Assets Reporting Information. If the Participant maintains a foreign bank account outside of Japan with a value exceeding ¥50 million as of December 3131 of any calendar year, the Participant is required to report such to the Japanese authorities by March 15th each of the following year. Korea Notifications.

Appears in 1 contract

Samples: Award Agreement (Kimberly Clark Corp)

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