Common use of Foreign Exchange Control Approval Clause in Contracts

Foreign Exchange Control Approval. If any foreign exchange control approval, consent or permission is required for the acquisition of the RSUs, the Participant shall be responsible for obtaining all such approvals, consents and permissions. The Company or any of its Subsidiaries shall not be liable to the Participant in any manner whatsoever in the event the Participant is unable to acquire the RSUs as a result of the Participant’s failure to obtain any approval, consent or permission required under applicable laws of the jurisdiction where the Participant is employed.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement, Restricted Stock Unit Award Agreement (Towers Watson & Co.), Restricted Stock Unit Award Agreement (Towers Watson & Co.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.