Common use of Withholding of Japanese Tax Clause in Contracts

Withholding of Japanese Tax. Hitachi shall to the extent required by Japanese laws and regulations withhold the tax on any dividend or distribution made by it to its stockholders and shall advise the Custodian of the applicable withholding rate or rates and the total amount of yen so withheld for each country. Hitachi will remit to the appropriate governmental agency all sums withheld and will make all necessary reports and filings.