Common use of Xxxxxxx Xxxxxxx Information Clause in Contracts

Xxxxxxx Xxxxxxx Information. The Employee should be aware of the Dutch insider-trading rules, which may impact the sale of shares of Common Stock issued upon vesting of the Award. In particular, the Employee may be prohibited from effectuating certain transactions if he or she has inside information about the Company. Under Article 5:56 of the Dutch Financial Supervision Act, anyone who has “insider information” related to an issuing company is prohibited from effectuating a transaction in securities in or from the Netherlands. “Inside information” is defined as knowledge of specific information concerning the issuing company to which the securities relate or the trade in securities issued by such company, which has not been made public and which, if published, would reasonably be expected to affect the share price, regardless of the development of the price. The insider could be any employee of any affiliate in the Netherlands who has inside information as described herein. Given the broad scope of the definition of inside information, certain employees working at an affiliate in the Netherlands may have inside information and, thus, would be prohibited from effectuating a transaction in securities in the Netherlands at a time when the employee has such inside information. If the Employee is uncertain whether the insider-trading rules apply to the Employee, then the Employee should consult with his or her personal legal advisor. RUSSIA

Appears in 2 contracts

Samples: Global Restricted Stock Unit (Sapient Corp), Restricted Stock Unit Agreement (Sapient Corp)

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Xxxxxxx Xxxxxxx Information. The Employee Optionee should be aware of the Dutch insider-trading rules, which may impact the sale of shares of Class B Common Stock issued upon vesting exercise of the AwardOption. In particular, the Employee Optionee may be prohibited from effectuating certain transactions if he or she has inside information about the Company. Under Article 5:56 of the Dutch Financial Supervision Act, anyone who has "insider information" related to an issuing company is prohibited from effectuating a transaction in securities in or from the Netherlands. "Inside information" is defined as knowledge of specific information concerning the issuing company to which the securities relate or the trade in securities issued by such company, which has not been made public and which, if published, would reasonably be expected to affect the share price, regardless of the development of the price. The insider could be any employee of any affiliate the Company or a subsidiary in the Netherlands who has inside information as described herein. Given the broad scope of the definition of inside information, certain employees an Optionee working at an a subsidiary or affiliate in the Netherlands may have inside information and, thus, would be prohibited from effectuating a transaction in securities in the Netherlands at a time when the employee he or she has such inside information. If the Employee Optionee is uncertain whether the insider-trading rules apply to the Employeehim or her, then the Employee Optionee should consult with his or her personal legal advisor. RUSSIA.

Appears in 1 contract

Samples: Stock Incentive Plan Non Statutory Stock Option Agreement (Nike Inc)

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Xxxxxxx Xxxxxxx Information. The Employee Recipient should be aware of the Dutch insider-trading rules, which may impact the sale of shares of Common Stock Shares issued upon vesting of the AwardRSUs. In particular, the Employee Recipient may be prohibited from effectuating certain transactions if he or she has inside information about the Company. Under Article 5:56 of the Dutch Financial Supervision Act, anyone who has “insider information” related to an issuing company is prohibited from effectuating a transaction in securities in or from the Netherlands. “Inside information” is defined as knowledge of specific information concerning the issuing company to which the securities relate or the trade in securities issued by such company, which has not been made public and which, if published, would reasonably be expected to affect the share price, regardless of the development of the price. The insider could be any employee of any affiliate the Company or a subsidiary in the Netherlands who has inside information as described herein. Given the broad scope of the definition of inside information, certain employees a Recipient working at an affiliate a parent or subsidiary corporation of the Company in the Netherlands may have inside information and, thus, would be prohibited from effectuating a transaction in securities in the Netherlands at a time when the employee he or she has such inside information. If the Employee Recipient is uncertain whether the insider-trading rules apply to the Employeehim or her, then the Employee Recipient should consult with his or her personal legal advisor. RUSSIA.

Appears in 1 contract

Samples: Global Restricted Stock Unit Agreement (Nike Inc)

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