Common use of Remittance of Foreign Exchange Clause in Contracts

Remittance of Foreign Exchange. There will, at no stage, be any remittance of foreign exchange from Slovenia on account of the exercise of Options granted under your Award. Vested options may be exercised through a cashless exercise procedure involving the simultaneous exercise of the Options and sale of corresponding shares. The net sale proceeds (minus exercise cost) will be remitted to Slovenia through normal channels and paid to you in local currency.