Common use of Reporting Information Clause in Contracts

Reporting Information. The Optionee is required to declare foreign bank accounts and any foreign financial assets (including Shares held outside India) in his or her annual tax return. It is the Optionee’s responsibility to comply with this reporting obligation and the Optionee should consult with his or her personal tax advisor in this regard.

Appears in 4 contracts

Samples: 2007 Stock Incentive Plan (Danaher Corp /De/), 2007 Stock Incentive Plan (Danaher Corp /De/), 2007 Stock Incentive Plan (Danaher Corp /De/)

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Reporting Information. The Optionee is required to declare foreign bank accounts and any foreign financial assets (including Shares held outside India) in his or her annual tax return. It is the Optionee’s responsibility to comply with this reporting obligation and the Optionee should consult with his or her personal tax advisor in this regardregard as significant penalties may apply in the case of non-compliance.

Appears in 2 contracts

Samples: Stock Option Agreement (Vontier Corp), Restricted Stock Unit Agreement (Fortive Corp)

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