Common use of WHAT ARE THE U Clause in Contracts

WHAT ARE THE U. S. TAX CONSEQUENCES OF PARTICIPATION IN THE PLAN? Employees will not be subject to U.S. tax by reason only of their participation in the Plan. However, liability for U.S. taxes may occur if an employee is otherwise subject to U.S. taxes. In addition, any dividends paid to employees will be subject to U.S. tax. The above is an indication only of the likely U.S. taxation consequences for Australian Employees who participate in the Plan. Employees should seek their own advice as to the U.S. taxation consequences of participation. We urge you to carefully review the information contained in this Offer Document and the Additional Documents. Yours sincerely NetApp, Inc.