Common use of Foreign Indemnity Clause in Contracts

Foreign Indemnity. The Employee agrees to indemnify the Corporation and each of its Subsidiaries for the Employee’s portion of any social insurance obligations or taxes arising under any foreign law with respect to the grant of Restricted Stock Units under this Agreement, the end of the Period of Restriction, the issuance of Common Stock with respect to the Restricted Stock Units, or the sale or other disposition of such Common Stock.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Sealed Air Corp/De), Restricted Stock Unit Agreement (Sealed Air Corp/De), Restricted Stock Unit Agreement (Sealed Air Corp/De)

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Foreign Indemnity. The Employee agrees to indemnify the Corporation and each of its Subsidiaries for the Employee’s portion of any social insurance obligations or taxes arising under any foreign law with respect to the grant of Restricted Stock Units under this Agreement, the end of the Period of Restriction, the issuance of Common Stock with respect to the Restricted Stock Units, or the sale or other disposition of such Common the Restricted Stock.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Sealed Air Corp/De), Restricted Stock Agreement (Sealed Air Corp/De), Restricted Stock Agreement (Sealed Air Corp/De)

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