Burger King 2012 Annual Report Download - page 196
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The Company reserves the right to impose other requirements on your participation in the Plan, on this Option and on any Shares purchased upon exercise of
this Option, to the extent the Company determines it is necessary or advisable in order to comply with local law or facilitate the administration of the Plan, and
to require you to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing.
You acknowledge that a waiver by the Company or breach of any provision of the Award Agreement shall not operate or be construed as a waiver of any other
provision of the Award Agreement, or of any subsequent breach by you or any other Participant.
TERMS AND CONDITIONS
By accepting this Option you acknowledge that you agree to comply with applicable Brazilian laws and pay any and all applicable taxes legally due by you
associated with the exercise of this Option, the receipt of any dividends, and the sale of Shares acquired under the Plan.
NOTIFICATIONS
If you are resident or domiciled in Brazil, you will be required to submit annually a declaration of assets and rights held outside of Brazil to the Central Bank
of Brazil if the aggregate value of such assets and rights is equal to or greater than US$100,000. Assets and rights that must be reported include Shares.
TERMS AND CONDITIONS
Notwithstanding anything in the Plan or the Award Agreement to the contrary, you are prohibited from surrendering Shares that you already own or attesting to
the ownership of Shares to pay the Exercise Price or any Tax-Related Items in connection with this Option.
Options
A-15
Source: Burger King Worldwide, Inc., 10-K, February 22, 2013 Powered by Morningstar® Document Research℠
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