Common use of How to Calculate Values in Australian Dollars Clause in Contracts

How to Calculate Values in Australian Dollars. The Participant may be paid earned RSUs which have vested in accordance with the vesting schedule outlined above in accordance with the terms of the Plan by delivery of Shares in the Company or the payment of cash of an amount equal to the Fair Market Value of those shares (or a combination of both). The Participant will not be required to pay any amount for the payment of earned RSUs. The Participant can ascertain the market price of a Share in the Company from time to time by visiting either: • the Company’s website (xxxx://xxx.xxxxxxxxxx.xxx/en/); • in United States Dollars (“USD”) on the New York Stock Exchange website (xxxxx://xxx.xxxx.xxx/index) and searching for “TechnipFMC” or “FTI”; or • To determine the market value of a Share in Australian Dollars (“AUD”), you will need to apply the prevailing USD : AUD or EUR:AUD exchange rate (as relevant). For example, if the exchange rate is 1 USD : 1.5 AUD, and one Share has a value of USD $1 on the NYSE, its equivalent value will be AUD $1.50. Please contact your bank for the prevailing USD: AUD exchange rate or for an approximate exchange rate published by the Reserve Bank of Australia you can follow this link: xxxx://xxx.xxx.xxx.xx/xxxxxxxxxx/xxxxxxxxx/xxxxxxxx-xxxxx.xxxx.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (TechnipFMC PLC)

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How to Calculate Values in Australian Dollars. The Participant may be paid earned RSUs PSUs which have vested in accordance with the vesting schedule outlined above in accordance with the terms of the Plan by delivery of Shares in the Company or the payment of cash of an amount equal to the Fair Market Value of those shares (or a combination of both). The Participant will not be required to pay any amount for the payment of earned RSUsPSUs. The Participant can ascertain the market price of a Share in the Company from time to time by visiting either: • the Company’s website (xxxx://xxx.xxxxxxxxxx.xxx/en/); • in United States Dollars (“USD”) on the New York Stock Exchange website (xxxxx://xxx.xxxx.xxx/index) and searching for “TechnipFMC” or “FTI”; or To determine the market value of a Share in Australian Dollars (“AUD”), you the Participant will need to apply the prevailing USD : AUD or EUR:AUD exchange rate (as relevant). For example, if the exchange rate is 1 USD : 1.5 AUD, and one Share has a value of USD $1 on the NYSE, its equivalent value will be AUD $1.50. Please contact your bank for the prevailing USD: AUD exchange rate or for an approximate exchange rate published by the Reserve Bank of Australia you can follow this link: xxxx://xxx.xxx.xxx.xx/xxxxxxxxxx/xxxxxxxxx/xxxxxxxx-xxxxx.xxxx.

Appears in 1 contract

Samples: Performance Stock Unit Agreement (TechnipFMC PLC)

How to Calculate Values in Australian Dollars. The Participant may be paid earned RSUs PSUs which have vested in accordance with the vesting schedule outlined above in accordance with the terms of the Plan by delivery of Shares in the Company or the payment of cash of an amount equal to the Fair Market Value of those shares (or a combination of both). The Participant will not be required to pay any amount for the payment of earned RSUsPSUs. The Participant can ascertain the market price of a Share in the Company from time to time by visiting either: • the Company’s website (xxxx://xxx.xxxxxxxxxx.xxx/en/); • in United States Dollars (“USD”) on the New York Stock Exchange website (xxxxx://xxx.xxxx.xxx/index) and searching for “TechnipFMC” or “FTI”; or To determine the market value of a Share in Australian Dollars (“AUD”), you the Participant will need to apply the prevailing USD : AUD or EUR:: AUD exchange rate (as relevant). For example, if the exchange rate is 1 USD : 1.5 AUD, and one Share has a value of USD $1 on the NYSE, its equivalent value will be AUD $1.50. Please contact your bank for the prevailing USD: AUD exchange rate or for an approximate exchange rate published by the Reserve Bank of Australia you can follow this link: xxxx://xxx.xxx.xxx.xx/xxxxxxxxxx/xxxxxxxxx/xxxxxxxx-xxxxx.xxxx.

Appears in 1 contract

Samples: Performance Stock Unit Agreement (TechnipFMC PLC)

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How to Calculate Values in Australian Dollars. The Participant may be paid earned RSUs which have vested in accordance with the vesting schedule outlined above in accordance with the terms of the Plan by delivery of Shares in the Company or the payment of cash of an amount equal to the Fair Market Value of those shares (or a combination of both). The Participant will not be required to pay any amount for the payment of earned RSUs. The Participant can ascertain the market price of a Share in the Company from time to time by visiting either: • the Company’s website (xxxx://xxx.xxxxxxxxxx.xxx/en/); • in United States Dollars (“USD”) on the New York Stock Exchange website (xxxxx://xxx.xxxx.xxx/index) and searching for “TechnipFMC” or “FTI”; or To determine the market value of a Share in Australian Dollars (“AUD”), you will need to apply the prevailing USD : AUD or EUR:: AUD exchange rate (as relevant). For example, if the exchange rate is 1 USD : 1.5 AUD, and one Share has a value of USD $1 on the NYSE, its equivalent value will be AUD $1.50. Please contact your bank for the prevailing USD: AUD exchange rate or for an approximate exchange rate published by the Reserve Bank of Australia you can follow this link: xxxx://xxx.xxx.xxx.xx/xxxxxxxxxx/xxxxxxxxx/xxxxxxxx-xxxxx.xxxx.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (TechnipFMC PLC)

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