Common use of Repatriation Requirements Clause in Contracts

Repatriation Requirements. The Participant understand that he or she must repatriate any cash dividends paid on Shares acquired under the Plan and any proceeds from the sale of such Shares to India within a certain period of time after receipt of the proceeds. It is the Participant’s sole responsibility to comply with applicable exchange control laws in India.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (Estee Lauder Companies Inc), Restricted Stock Unit Agreement (Estee Lauder Companies Inc), Restricted Stock Unit Agreement (Estee Lauder Companies Inc)

AutoNDA by SimpleDocs

Repatriation Requirements. The Participant understand understands that he or she must repatriate any cash dividends paid on Shares acquired under the Plan and any proceeds from the sale of such Shares to India within a certain period of time after receipt of the proceeds. It is the Participant’s sole responsibility to comply with applicable exchange control laws in India.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Estee Lauder Companies Inc), Restricted Stock Unit Agreement (Estee Lauder Companies Inc), Restricted Stock Unit Agreement (Estee Lauder Companies Inc)

AutoNDA by SimpleDocs

Repatriation Requirements. The Participant understand understands that he or she must repatriate any cash dividends paid on Shares acquired under the Plan and any proceeds from the sale of such Shares to India within a certain period of time after receipt of the proceeds. It is the Participantparticipant’s sole responsibility to comply with applicable exchange control laws in India.

Appears in 2 contracts

Samples: Stock Option Agreement (Estee Lauder Companies Inc), Stock Option Agreement (Estee Lauder Companies Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!