Tech Data 2014 Annual Report Download - page 159

which is not necessary or required for the implementation, administration and/or operation of the Plan and the
Participant
’s participation in the Plan, and (e) withdraw the Participant’
s consent to the collection, processing or
transfer of Data as provided hereunder (in which case, the Participant’
s HREs will be null and void). The Participant
may seek to exercise these rights by contacting the Employer’s Human Resources manager or the Company’
s Human
Resources Department.
Section 12. Electronic Delivery and Acceptance .
The Company may in its sole discretion, decide to deliver
any documents related to the HREs granted under the Plan and participation in the Plan, or future HREs that may be
granted under the Plan, by electronic means or to request the Participant’
s consent to participate in the Plan by electronic
means. The Participant hereby consents to receive such documents by electronic delivery and, if requested, to participate
in the Plan through an on-
line (and/or voice activated) system established and maintained by the Company or a third
party designated by the Company. In addition, if the Participant does not otherwise reject this Award, (in such manner as
the Company may specify from time to time in its sole discretion), the Participant shall be deemed to have accepted the
Award as of the Date of Grant.
Section 13. Government and Other Regulations; Governing Law .
The grant of HREs is subject to all laws,
regulations and orders of any governmental authority which may be applicable thereto and, notwithstanding any of the
provisions hereof, the Participant acknowledges that the Company will not be obligated to issue any Shares hereunder if
the grant or vesting thereof or the issuance of such Shares, as the case may be, would constitute a violation by the
Participant or the Company of any such law, regulation or order or any provision thereof. The Company shall not be
obligated to take any affirmative action in order to cause the vesting of the HREs or the issuance of Shares pursuant
hereto to comply with any such law, regulation, order or provision.
As a condition of the grant of the HREs, the Participant agrees to repatriate all payments attributable to the
Shares and/or cash acquired under the Plan (including, but not limited to, dividends) in accordance with local foreign
exchange rules and regulations in the Participant’
s country of residence. In addition, the Participant also agrees to take
any and all actions, and consent to any and all actions taken by the Company and its affiliates, as may be required to
allow the Company and its affiliates to comply with local laws, rules and regulations in the Participant’
s country of
residence. Finally, the Participant agrees to take any and all actions as may be required to comply with the Participant’
s
personal obligations under local laws, rules and regulations in the Participant’s country of residence.
The HREs are and shall be subject in every respect to the provisions of the Plan, which is incorporated herein by
reference and made a part hereof. The Participant hereby accepts the HREs subject to all the terms and provisions of the
Plan and agrees that all decisions under and interpretations of the Plan by the Committee or the Board shall be final,
binding and conclusive upon the Participant and his heirs and legal representatives.
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