This excerpt taken from the NKE 10-K filed Jul 27, 2009.
Should the Company exercise its discretion in suspending all necessary legal obligations connected with the management and administration of the Plan, it will delete Personal Data as soon as it has accomplished all the necessary legal obligations connected with the management and administration of the Plan.
The Optionee understands that Personal Data processing related to the purposes specified above shall take place under automated or non-automated conditions, anonymously when possible, that comply with the purposes for which Personal Data is collected and with confidentiality and security provisions as set forth by applicable laws and regulations, with specific reference to Legislative Decree no. 196/2003.
Plan Document Acknowledgment. By accepting the Option, the Optionee acknowledges that he or she has received a copy of the Plan, the Agreement and this Appendix and has reviewed the Plan, the Agreement and this Appendix in their entirety and fully accepts all provisions thereof. The Optionee further acknowledges that he or she has read and specifically and expressly approves the following provisions of the Agreement: (i) Section 4: Responsibility for Taxes; (ii) Section 8: No Right to Employment or Service; (iii) Section 9: Nature of Grant; (iv) Section 16: Governing Law and Venue; (v) Section 17: Language; (vi) Section 20: Appendix; and (vii) the Data Privacy Notice and Consent section included in this Appendix.
Exchange Control Information. The Optionee must report in his or her annual tax return: (i) any transfers of cash or shares to or from Italy exceeding 10,000 or the equivalent amount in U.S. dollars; and (ii) any foreign investments or investments (including proceeds from the sale of shares acquired under the Plan) held outside of Italy exceeding 10,000 or the equivalent amount in U.S. dollars, if the investment may give rise to income in Italy. The Optionee is exempt from the formalities in (i) if the investments are made through an authorized broker resident in Italy, as the broker is required to comply with the reporting obligation on behalf of the Optionee.