Common use of Tax Consequences to Participant Clause in Contracts

Tax Consequences to Participant. Participant acknowledges that the issuance and the vesting of the Restricted Stock Units may have significant and adverse tax consequences for Participant and that Participant has been advised by the Corporation to review the Questions and Answers on Federal Income Tax Consequences portion of the Corporation’s Stock Plan Summary and Prospectus and to consult Participant’s personal tax advisor regarding the consequences of the issuance and vesting of the Restricted Stock Units to Participant.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Quiksilver Inc), Restricted Stock Unit Agreement (Quiksilver Inc), Restricted Stock Unit Agreement (Quiksilver Inc)

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Tax Consequences to Participant. Participant acknowledges that the issuance and the vesting of the Restricted Stock Units may have significant and adverse tax consequences for Participant and that Participant has been advised by the Corporation to review the Questions and Answers on Federal Income Tax Consequences portion of the Corporation’s Stock Plan Summary and Prospectus and to consult Participant’s personal tax advisor regarding the consequences of the issuance and vesting of the Restricted Stock Units to Participant.

Appears in 2 contracts

Samples: Restricted Stock Issuance Agreement (Quiksilver Inc), Restricted Stock Agreement (Quiksilver Inc)

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