Common use of Stock Exchange Tax Clause in Contracts

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax likely will apply when the Participant sells shares of Common Stock. The Participant should consult with his or her personal tax advisor for additional details regarding the Participant’s obligations with respect to the Stock Exchange Tax.

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a financial intermediary, such as a bank or broker. If the transaction is conducted through a Belgian financial intermediary, it may withhold the stock exchange tax, but if the transaction is conducted through a non-Belgian financial intermediary, such as a U.S. brokerthe Belgian resident may need to report and pay the stock exchange tax directly. The Stock Exchange Tax stock exchange tax likely will apply when Shares acquired under the Participant sells shares of Common StockPlan are sold. The Participant Belgian residents should consult with his or her a personal tax or financial advisor for additional details regarding the Participant’s on their obligations with respect to the Stock Exchange Taxstock exchange tax.

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax stock exchange tax will likely will apply when Shares acquired upon vesting of the Participant sells shares of Common StockPerformance Units are sold. The Participant should consult with his or her personal tax advisor for additional details regarding the Participant’s on his or her obligations with respect to the Stock Exchange Tax.stock exchange tax. BRAZIL

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax stock exchange tax will likely will apply when Options are exercised and when Shares acquired upon exercise of the Participant sells shares of Common StockOptions are sold. The Participant should consult with his or her personal tax advisor for additional details regarding the Participant’s on his or her obligations with respect to the Stock Exchange Tax.stock exchange tax. BRAZIL

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax likely will stock exchange tax may apply when Shares acquired under the Participant sells shares of Common StockPlan are sold. The Participant should consult with his or her personal tax advisor for additional details regarding the Participant’s on his or her obligations with respect to the Stock Exchange Tax.stock exchange tax. BRAZIL

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax stock exchange tax likely will apply when the Participant sells shares of Common StockShares are sold. The Participant should consult with his or her personal tax advisor for additional details regarding the Participant’s on obligations with respect to the Stock Exchange Taxstock exchange tax.

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax stock exchange tax will likely will apply when the Participant sells shares of Common StockStock are sold. The Participant You should consult with his or her your personal tax advisor for additional details regarding the Participant’s to determine your obligations with respect to the Stock Exchange Taxstock exchange tax.

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax stock exchange tax will likely will apply when Shares acquired upon vesting of the Participant sells shares of Common StockRSUs are sold. The Participant should consult with his or her personal tax advisor for additional details regarding the Participant’s on his or her obligations with respect to the Stock Exchange Tax.stock exchange tax. BRAZIL

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The stock exchange tax may apply to transactions under the Plan, such as the vesting of Restricted Stock Exchange Tax likely will apply when Units and the Participant sells shares sale of Common StockShares. The Participant should consult with his or her personal tax advisor for additional details regarding the Participant’s obligations with respect to the Stock Exchange Taxstock exchange tax.

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a financial intermediary, such as a bank or broker. If the transaction is conducted through a Belgian financial intermediary, it may withhold the stock exchange tax, but if the transaction is conducted through a non-Belgian financial intermediary, such as a U.S. brokerthe Belgian resident may need to report and pay the stock exchange tax directly. The Stock Exchange Tax stock exchange tax likely will apply when the Participant sells shares of Common StockStock acquired under the Plan are sold. The Participant Belgian residents should consult with his or her a personal tax or financial advisor for additional details regarding the Participant’s on their obligations with respect to the Stock Exchange Tax.stock exchange tax. ​

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a financial intermediary, such as a bank or broker. If the transaction is conducted through a Belgian financial intermediary, it may withhold the stock exchange tax, but if the transaction is conducted through a non-Belgian financial intermediary, such as a U.S. brokerthe Belgian resident may need to report and pay the stock exchange tax directly. The Stock Exchange Tax stock exchange tax likely will apply when Shares acquired under the Participant sells shares of Common StockPlan are sold. The Participant Belgian residents should consult with his or her a personal tax or financial advisor for additional details regarding the Participant’s on their obligations with respect to the Stock Exchange Tax.stock exchange tax. ​

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax likely will stock exchange tax may apply when to transactions under the Participant sells Plan, such as the sale of shares of Common Stock. The Participant Employee should consult with his or her personal tax advisor for additional details regarding the ParticipantEmployee’s obligations with respect to the Stock Exchange Tax.stock exchange tax. BRAZIL

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax likely will stock exchange tax may apply when to transactions under the Participant sells Plan, such as the sale of shares of Common Stock. The Participant should consult with his or her personal tax advisor for additional details regarding the Participant’s obligations with respect to the Stock Exchange Tax.stock exchange tax. BRAZIL

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian Belgium resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax stock exchange tax likely will apply when the Participant sells shares of Common StockShares are sold. The Participant should consult with his or her personal tax advisor for additional details regarding on the Participant’s obligations with respect to the Stock Exchange Taxstock exchange tax.

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian Belgium resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax stock exchange tax likely will apply when the Participant sells shares of Common StockShares are sold. The Participant Optionee should consult with his or her personal tax advisor for additional details regarding on the ParticipantOptionee’s obligations with respect to the Stock Exchange Taxstock exchange tax.

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a financial intermediary, such as a bank or broker. If the transaction is conducted through a Belgian financial intermediary, it may withhold the stock exchange tax, but if the transaction is conducted through a non-Belgian financial intermediary, such as a U.S. brokerthe Belgian resident may need to report and pay the stock exchange tax directly. The Stock Exchange Tax stock exchange tax likely will apply when the Participant sells shares of Common StockStock acquired under the Plan are sold. The Participant Belgian residents should consult with his or her a personal tax or financial advisor for additional details regarding the Participant’s on their obligations with respect to the Stock Exchange Taxstock exchange tax.

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax likely will stock exchange tax may apply when to transactions under the Participant sells Plan, such as the exercise of Options and the sale of shares of Common Stock. The Participant Optionee should consult with his or her personal tax advisor for additional details regarding the ParticipantOptionee’s obligations with respect to the Stock Exchange Taxstock exchange tax.

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a financial intermediary, such as a bank or broker. If the transaction is conducted through a Belgian financial intermediary, it may withhold the stock exchange tax, but if the transaction is conducted through a non-Belgian financial intermediary, such as a U.S. brokerthe Belgian resident may need to report and pay the stock exchange tax directly. The Stock Exchange Tax stock exchange tax likely will apply when the Participant sells shares of Common StockStock acquired under the Plan are sold. The Participant Belgian residents should consult with his or her a personal tax or financial advisor for additional details regarding the Participant’s on their obligations with respect to the Stock Exchange Taxstock exchange tax.

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax likely will stock exchange tax may apply when to transactions under the Participant sells Plan, such as the exercise of Options and the sale of shares of Common Stock. The Participant Optionee should consult with his or her personal tax advisor for additional details regarding the ParticipantOptionee’s obligations with respect to the Stock Exchange Tax.stock exchange tax. BRAZIL

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax stock exchange tax likely will apply when Shares acquired under the Participant sells shares of Common StockPlan are sold. The Participant should consult with his or her personal tax or financial advisor for additional details regarding the Participant’s obligations with respect to the Stock Exchange Taxdetails.

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax stock exchange tax likely will apply when the Participant sells shares of Common StockStock are sold. The Participant should consult with his or her personal tax advisor for additional details regarding the Participant’s to determine his or her obligations with respect to the Stock Exchange Taxstock exchange tax.

Stock Exchange Tax. A From January 1, 2017, a stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax stock exchange tax (currently at a rate of 0.35% with a cap of EUR 1,600 per single transaction) likely will apply when the Participant sells shares of Common StockShares are sold. The Participant Employee should consult with his or her personal tax advisor for additional details regarding the Participant’s on his or her obligations with respect to the Stock Exchange Taxstock exchange tax.

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a financial intermediary, such as a bank or broker. If the transaction is conducted through a Belgian financial intermediary, it may withhold the stock exchange tax, but if the transaction is conducted through a non-Belgian financial intermediary, such as a U.S. brokerthe Belgian resident may need to report and pay the stock exchange tax directly. The Stock Exchange Tax stock exchange tax likely will apply when the Participant sells shares of Common StockStock acquired under the Plan are sold. The Participant Belgian residents should consult with his or her a personal tax or financial advisor for additional details regarding the Participant’s on their obligations with respect to the Stock Exchange Tax.stock exchange tax. BRAZIL

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. or Canadian broker. The Stock Exchange Tax stock exchange tax likely will apply when the Participant sells shares of Common Stock. The Participant should consult with his or her personal tax advisor for additional details regarding the Participant’s obligations with respect to the Stock Exchange TaxShares are sold.

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax likely will stock exchange tax may apply when Shares acquired under the Participant sells shares of Common StockPlan are sold. The Participant should consult with his or her personal tax advisor for additional details regarding the Participant’s on his or her obligations with respect to the Stock Exchange Taxstock exchange tax.

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax likely will stock exchange tax may apply when to transactions under the Participant sells Plan, such as the sale of shares of Common StockStock acquired at settlement of the Restricted Stock Units. The Participant Grantee should consult with his or her personal tax advisor for additional details regarding the Participant’s on his or her obligations with respect to the Stock Exchange Tax.stock exchange tax. CANADA

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The stock exchange tax may apply to transactions under the Plan, such as the exercise of Performance Stock Exchange Tax likely will apply when Options and the Participant sells shares sale of Common StockShares. The Participant should consult with his or her personal tax advisor for additional details regarding the Participant’s obligations with respect to the Stock Exchange Tax.stock exchange tax. CANADA

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax stock exchange tax will likely will apply when Shares acquired upon vesting of the Participant sells shares of Common StockRSUs are sold. The Participant should consult with his or her personal tax advisor for additional details regarding the Participant’s on his or her obligations with respect to the Stock Exchange Taxstock exchange tax.

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident the Participant through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax stock exchange tax likely will apply when Shares acquired under the Participant sells shares of Common StockPlan are sold. The Participant should consult with his or her personal tax or financial advisor for additional details regarding the Participant’s obligations with respect to the Stock Exchange Taxdetails.

Stock Exchange Tax. A From January 1, 2017, a stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax stock exchange tax (currently at a rate of 35% with a cap of EUR 1,600 per single transaction) likely will apply when the Participant sells shares of Common StockShares are sold. The Participant Employee should consult with his or her personal tax advisor for additional details regarding the Participant’s on his or her obligations with respect to the Stock Exchange Taxstock exchange tax.

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax likely will stock exchange tax may apply when to transactions under the Participant sells Plan, such as the sale of shares of Common Stock. The Participant Employee should consult with his or her personal tax advisor for additional details regarding the ParticipantEmployee’s obligations with respect to the Stock Exchange Taxstock exchange tax.

Stock Exchange Tax. A stock exchange tax applies to transactions executed by a Belgian resident through a non-Belgian financial intermediary, such as a U.S. broker. The Stock Exchange Tax stock exchange tax will likely will apply when Shares acquired upon vesting of the Participant sells shares of Common StockPerformance Units are sold. The Participant should consult with his or her personal tax advisor for additional details regarding the Participant’s on his or her obligations with respect to the Stock Exchange Taxstock exchange tax.