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 will likely apply when Shares acquired upon vesting of the RSUs are sold. The Participant should consult with his or her personal tax advisor for additional details on his or her obligations with respect to the stock exchange tax. Brokerage Account Tax. A brokerage account tax applies to Belgian residents if the average annual value of securities (including Shares) held in a brokerage account exceeds certain thresholds. Belgian residents should consult with a personal tax or financial advisor for additional details on their obligations with respect to the brokerage account tax. BRAZIL

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (First Solar, Inc.)

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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 will likely apply when Options are exercised and when Shares acquired upon vesting exercise of the RSUs Options are sold. The Participant should consult with his or her personal tax advisor for additional details on his or her obligations with respect to the stock exchange tax. Brokerage Account Tax. A brokerage account tax applies to Belgian residents if the average annual value of securities (including Shares) held in a brokerage account exceeds certain thresholds. Belgian residents should consult with a personal tax or financial advisor for additional details on their obligations with respect to the brokerage account tax. BRAZIL

Appears in 1 contract

Samples: Option Award Agreement (First Solar, Inc.)

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 will likely may apply when Shares acquired upon vesting of under the RSUs Plan are sold. The Participant should consult with his or her personal tax advisor for additional details on his or her obligations with respect to the stock exchange tax. Brokerage Account Tax. A brokerage account tax applies to Belgian residents if the average annual value of securities (including Shares) held in a brokerage account exceeds certain thresholds. Belgian residents should consult with a personal tax or financial advisor for additional details on their obligations with respect to the brokerage account tax. BRAZIL

Appears in 1 contract

Samples: Award Agreement (First Solar, Inc.)

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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 will likely apply when Shares acquired upon vesting of the RSUs Performance Units are sold. The Participant should consult with his or her personal tax advisor for additional details on his or her obligations with respect to the stock exchange tax. Brokerage Account Tax. A brokerage account tax applies to Belgian residents if the average annual value of securities (including Shares) held in a brokerage account exceeds certain thresholds. Belgian residents should consult with a personal tax or financial advisor for additional details on their obligations with respect to the brokerage account tax. BRAZIL

Appears in 1 contract

Samples: Award Agreement (First Solar, Inc.)

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