Tax Deferral. This Agreement is made under a plan to which Subdivision 83A-C of the Income Tax Assessment Act 1997 (Cth) (the “Act”) applies (subject to the conditions in that Act). Notwithstanding clause 1.1(g) of this Agreement, an Australian Participant right’s under this Agreement or under the RIU Award may not be transferred in any manner other than by will or by the laws of descent and distribution.
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Samples: Restricted Incentive Unit Award Agreement (Nextracker Inc.), Restricted Incentive Unit Award Agreement (Nextracker Inc.)
Tax Deferral. This Agreement is made under a plan to which Subdivision 83A-C of the Income Tax Assessment Act 1997 (Cth) (the “Act”) applies (subject to the conditions in that Act). Notwithstanding clause 1.1(g) of this Agreement, an Australian Participant rightParticipant’s rights under this Agreement or under the RIU PSU Award may not be transferred in any manner other than by will or by the laws of descent and distribution.
Appears in 2 contracts
Samples: Performance Stock Unit Award Agreement (Nextracker Inc.), Performance Stock Unit Award Agreement (Nextracker Inc.)
Tax Deferral. This Agreement is made under a plan to which Subdivision 83A-C of the Income Tax Assessment Act 1997 (Cth) (the “Act”) applies (subject to the conditions in that Act). Notwithstanding clause 1.1(g) of this Agreement, an Australian Participant rightParticipant’s rights under this Agreement or under the RIU RSU Award may not be transferred in any manner other than by will or by the laws of descent and distribution.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Nextracker Inc.)
Tax Deferral. This Agreement is made under a plan to which Subdivision 83A-C of the Income Tax Assessment Act 1997 (Cth) (the “Act”) applies (subject to the conditions in that Act). Notwithstanding clause 1.1(g1.1(f) of this Agreement, an Australian Participant rightParticipant’s rights under this Agreement or under the RIU Option Award may not be transferred in any manner other than by will or by the laws of descent and distribution.
Appears in 1 contract
Tax Deferral. This Agreement is made under a plan to which Subdivision 83A-C of the Income Tax Assessment Act 1997 (Cth) (the “Act”) applies (subject to the conditions in that Act). Notwithstanding clause 1.1(g1.1(f) of this Agreement, an Australian Participant right’s under this Agreement or under the RIU Option Award may not be transferred in any manner other than by will or by the laws of descent and distribution.
Appears in 1 contract
