GERMANY Notifications Sample Clauses

GERMANY Notifications. Exchange Control Information. Cross-border payments in excess of €12,500 must be reported monthly to the German Federal Bank. If you make or receive a cross-border payment in excess of €12,500 (e.g., proceeds from the sale of Shares acquired under the Plan), you must report the payment to the German Federal Bank electronically using the “General Statistics Reporting Portal” available via the Bank’s website