Common use of Labor Law Acknowledgement and Policy Statement Clause in Contracts

Labor Law Acknowledgement and Policy Statement. By accepting the Award, you acknowledge that the Company, with registered offices at One Boston Scientifc Place, Natick, Masachusetts 01760, United States of America, is solely responsible for the administration of the Plan. You further acknowledge that your participation in the Plan, the grant of Award and any acquisition of shares of Stock under the Plan do not constitute an employment relationship between you and the Company because you are participating in the Plan on a wholly commercial basis and your sole employer is [INSERT NAME OF LOCAL ENTITY]. Based on the foregoing, you expressly acknowledge that the Plan and the benefits that you may derive from participation in the Plan do not establish any rights between you and your employer, and do not form part of the employment conditions and/or benefits provided by your employer, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of your employment. You further understand that your participation in the Plan is the result of a unilateral and discretionary decision of the Company; therefore, the Company reserves the absolute right to amend and/or discontinue your participation in the Plan at any time, without any liability to you. Finally, you hereby declare that you do not reserve to yourself any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and you therefore grant a full and broad release to the Company and its Affiliates, branches, representation offices, shareholders, officers, agents or legal representatives, with respect to any claim that may arise.

Labor Law Acknowledgement and Policy Statement. By In accepting the Awardany Award granted hereunder, you acknowledge expressly recognize that the Company, with registered offices at One Boston Scientifc Place▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Natick▇▇▇▇▇▇, Masachusetts 01760▇▇ ▇▇▇▇▇, United States of America▇▇▇, is solely responsible for the administration of the Plan. You further acknowledge Plan and that your participation in the Plan, the grant of Award Plan and any acquisition of shares of Common Stock under the Plan do not constitute an employment relationship between you and the Company because since you are participating in the Plan on a wholly commercial basis and your sole employer Employer is [INSERT NAME OF LOCAL ENTITY]a Mexican legal entity that employs you (“State Street-Mexico”). Based on the foregoing, you expressly acknowledge recognize that the Plan and the benefits that you may derive from participation in the Plan do not establish any rights between you and your employerthe Employer, State Street-Mexico, and do not form part of the employment conditions and/or benefits provided by your employer, State Street-Mexico and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of your employment. You further understand that your participation in the Plan is the as a result of a unilateral and discretionary decision of the Company; therefore, the Company reserves the absolute right to amend and/or discontinue your participation in the Plan at any time, time without any liability to you. Finally, you hereby declare that you do not reserve to yourself any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and you therefore grant a full and broad release to the Company and Company, its Affiliates, branches, representation officesSubsidiaries, shareholders, officers, agents or legal representatives, representatives with respect to any claim that may arise.. Spanish Translation 1. Reconocimiento

Labor Law Acknowledgement and Policy Statement. By In accepting the Awardany Award granted hereunder, you acknowledge expressly recognize that the Company, with registered offices at One Boston Scientifc PlaceState Street Financial Center, Natick▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Masachusetts 01760▇▇▇▇▇▇, United States of America▇▇ ▇▇▇▇▇, ▇▇▇, is solely responsible for the administration of the Plan. You further acknowledge Plan and that your participation in the Plan, the grant of Award Plan and any acquisition of shares of Common Stock under the Plan do not constitute an employment relationship between you and the Company because since you are participating in the Plan on a wholly commercial basis and your sole employer Employer is [INSERT NAME OF LOCAL ENTITY]a Mexican legal entity that employs you (“State Street-Mexico”). Based on the foregoing, you expressly acknowledge recognize that the Plan and the benefits that you may derive from participation in the Plan do not establish any rights between you and your employerthe Employer, State Street-Mexico, and do not form part of the employment conditions and/or benefits provided by your employer, State Street-Mexico and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of your employment. You further understand that your participation in the Plan is the as a result of a unilateral and discretionary decision of the Company; therefore, the Company reserves the absolute right to amend and/or discontinue your participation in the Plan at any time, time without any liability to you. Finally, you hereby declare that you do not reserve to yourself any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and you therefore grant a full and broad release to the Company and Company, its Affiliates, branches, representation officesSubsidiaries, shareholders, officers, agents or legal representatives, representatives with respect to any claim that may arise.. Spanish Translation 1. Reconocimiento

Labor Law Acknowledgement and Policy Statement. By accepting the AwardPSUs, you acknowledge that the Company, with registered offices at One Boston Scientifc Place, Natick, Masachusetts 01760, United States of America, is solely responsible for the administration of the Amended Plan. You further acknowledge that your participation in the Amended Plan, the grant of Award PSUs and any acquisition of shares of Stock under the Amended Plan do does not constitute an employment relationship between you and the Company because you are participating in the Amended Plan on a wholly commercial basis and your sole employer is [INSERT NAME OF LOCAL ENTITY]basis. Based on the foregoing, you expressly acknowledge that the Amended Plan and the benefits that you may derive from participation in the Amended Plan do not establish any rights between you and your employerthe Company, and do not form part of the employment conditions and/or and or benefits provided by your employerthe Company, and any modification of the Amended Plan or its termination shall not constitute a change or impairment of the terms and conditions of your employment. You further understand that your participation in the Amended Plan is the as a result of a unilateral and discretionary decision of the Company; therefore, the Company reserves the absolute right to amend and/or discontinue your participation in the Plan at any time, time without any liability to you. Finally, you hereby declare that you do not reserve to yourself any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Amended Plan or the benefits derived under the Amended Plan, and you therefore grant a full and broad release to the Company and its AffiliatesCompany, branches, representation representative offices, shareholders, directors, officers, agents employees, agents, or legal representatives, representatives with respect to any claim that may arise.

Labor Law Acknowledgement and Policy Statement. By In accepting the Awardany RSUs granted hereunder, you acknowledge expressly recognize that the CompanyCorporation, with registered offices at One Boston Scientifc Place▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ Plaza, NatickNew Brunswick, Masachusetts 01760NJ 08933, United States of AmericaUSA, is solely responsible for the administration of the Plan. You further acknowledge Plan and that your participation in the Plan, the grant of Award Plan and any acquisition of shares of Common Stock under the Plan do not constitute an employment relationship between you and the Company because Corporation since you are participating in the Plan on a wholly commercial basis and your Employer (“▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ Mexico”) is your sole employer is [INSERT NAME OF LOCAL ENTITY]employer. Based on the foregoing, you expressly acknowledge recognize that the Plan and the benefits that you may derive from participation in the Plan do not establish any rights between you and your employerEmployer, ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ Mexico, and do not form part of the employment conditions and/or benefits provided by your employer, ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ Mexico and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of your employmentEmployment. You further understand that your participation in the Plan is the as a result of a unilateral and discretionary decision of the CompanyCorporation; therefore, the Company Corporation reserves the absolute right to amend and/or discontinue your participation in the Plan at any time, time without any liability to you. Finally, you hereby declare that you do not reserve to yourself any action or right to bring any claim against the Company Corporation for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and you therefore grant a full and broad release to the Company and Corporation, its Affiliates, branches, representation officesaffiliates, shareholders, officers, agents or legal representatives, representatives with respect to any claim that may arise.

Labor Law Acknowledgement and Policy Statement. By accepting the Award, you acknowledge that the Company, with registered offices at One Boston Scientifc Place▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, Natick▇▇▇▇▇▇, Masachusetts 01760▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, United States of America▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇, is solely responsible for the administration of the Plan. You further acknowledge that your participation in the Plan, the grant of Award and any acquisition of shares of Stock under the Plan do not constitute an employment relationship between you and the Company because you are participating in the Plan on a wholly commercial basis and your sole employer is [INSERT NAME OF LOCAL ENTITY]. Based on the foregoing, you expressly acknowledge that the Plan and the benefits that you may derive from participation in the Plan do not establish any rights between you and your employer, and do not form part of the employment conditions and/or benefits provided by your employer, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of your employment. You further understand that your participation in the Plan is the result of a unilateral and discretionary decision of the Company; therefore, the Company reserves the absolute right to amend and/or discontinue your participation in the Plan at any time, without any liability to you. Finally, you hereby declare that you do not reserve to yourself any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and you therefore grant a full and broad release to the Company and its Affiliates, branches, representation offices, shareholders, officers, agents or legal representatives, with respect to any claim that may arise.

Labor Law Acknowledgement and Policy Statement. By accepting the Award, you acknowledge that the CompanyParamount Skydance Corporation, with registered offices at One Boston Scientifc Place▇▇▇▇ ▇▇▇▇▇▇▇▇, Natick▇▇▇ ▇▇▇▇, Masachusetts 01760▇.▇. 10036, United States of AmericaU.S.A, is solely responsible for the administration of the Plan. You further acknowledge that your participation in the Plan, the grant of the Award and any acquisition of shares of Stock Shares under the Plan do not constitute an employment relationship between you and the Company because you are participating in the Plan on a wholly commercial basis and your sole employer is [INSERT NAME OF LOCAL ENTITY]a Mexican Subsidiary. Based on the foregoing, you expressly acknowledge that the Plan and the benefits that you may derive from participation in the Plan do not establish any rights between you and your employerthe Employer, and do not form part of the employment conditions and/or benefits provided by your employerthe Employer, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of your employment. You further understand that your participation in the Plan is the result of a unilateral and discretionary decision of the Company; therefore, the Company reserves the absolute right to amend and/or discontinue your participation in the Plan at any time, without any liability to you. Finally, you hereby declare that you do not reserve to yourself any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and that you therefore grant a full and broad release to the Company and its AffiliatesSubsidiaries, affiliates, branches, representation representative offices, shareholders, officers, agents or and legal representatives, with respect to any claim that may arise.

Labor Law Acknowledgement and Policy Statement. By accepting the AwardPSUs, you acknowledge that the Company, with registered offices at One Boston Scientifc Place, Natick, Masachusetts 01760, United States of America, is solely responsible for the administration of the Amended Plan. You further acknowledge that your participation in the Amended Plan, the grant of Award PSUs and any ​ acquisition of shares of Stock under the Amended Plan do does not constitute an employment relationship between you and the Company because you are participating in the Amended Plan on a wholly commercial basis and your sole employer is [INSERT NAME OF LOCAL ENTITY]basis. Based on the foregoing, you expressly acknowledge that the Amended Plan and the benefits that you may derive from participation in the Amended Plan do not establish any rights between you and your employerthe Company, and do not form part of the employment conditions and/or and or benefits provided by your employerthe Company, and any modification of the Amended Plan or its termination shall not constitute a change or impairment of the terms and conditions of your employment. You further understand that your participation in the Amended Plan is the as a result of a unilateral and discretionary decision of the Company; therefore, the Company reserves the absolute right to amend and/or discontinue your participation in the Plan at any time, time without any liability to you. Finally, you hereby declare that you do not reserve to yourself any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Amended Plan or the benefits derived under the Amended Plan, and you therefore grant a full and broad release to the Company and its AffiliatesCompany, branches, representation representative offices, shareholders, directors, officers, agents employees, agents, or legal representatives, representatives with respect to any claim that may arise.