Common use of Contracts with Related Parties Clause in Contracts

Contracts with Related Parties. With the exception of the employment and consulting arrangements described in Subsections 5, 13, 14 and 153 hereof, the Officers of the Company shall not knowingly enter into any agreement or other arrangement for the furnishing to or by the Company of goods or services with any Person related to or affiliated with any Stockholder or Officer or the Company, unless such agreement or arrangement has been approved by the Supermajority in Interest after the nature of the relationship or affiliation has been disclosed. By way of definition of the phrase "related to or affiliated with," for the purposes of this Subsection 12, the following Persons shall be deemed to be "related to or affiliated with" a Stockholder or Officer: a. Any Person who owns directly or indirectly more than ten percent (10%) of the issued and outstanding stock of, or more than ten percent (10%) of the beneficial interest in any Stockholder or Officer; b. Any Person in which any Stockholder or Officer owns directly or indirectly more than ten percent (10%) of the issued and outstanding stock, or more than ten percent (10%) of the issued and outstanding stock, or more than ten percent (10%) of the beneficial interest in such Person; c. Any Person affiliated with any Stockholder or Officer or the Persons described in (a) and (b) above; and d. Any agent, officer, director, trustee, employee or partner of any Stockholder or Officer or any Person described in (a) through (c) above.

Contracts with Related Parties. With the exception of the employment and consulting arrangements described in Subsections 5, 13, 14 and 153 Sections 5.2 hereof, the Officers officers of the Company LLC shall not knowingly enter into any agreement or other arrangement for the furnishing to or by the Company LLC of goods or services with any Person related to or affiliated Affiliated with any Stockholder Member or Officer officer or the CompanyLLC, unless such agreement or arrangement has been approved by the Supermajority in Interest after the nature of the relationship or affiliation has been disclosed. By way of definition of the phrase "“related to or affiliated Affiliated with," for the purposes of this Subsection 12, ” the following Persons shall be deemed to be "“related to or affiliated Affiliated with" ” a Stockholder Member or Officer:officer. a. Any Person who owns directly or indirectly more than ten percent (10%) of the issued and outstanding stock of, or more than ten percent (10%) of the beneficial interest in any Stockholder Member or Officer;officer. b. Any Person in which any Stockholder Member or Officer officer owns directly or indirectly more than ten percent (10%) of the issued and outstanding stock, or more than ten percent (10%) of the issued and outstanding stock, or more than ten percent (10%) of the beneficial interest in such Person; c. Any Person affiliated Affiliated with any Stockholder Member or Officer officer or the Persons described in (a) and (b) above; and d. Any agent, officer, director, trustee, employee or partner of any Stockholder Member or Officer officer or any Person described in (a) through (c) above.

Contracts with Related Parties. With the exception of the employment and consulting arrangements described in Subsections 5, 13, 14 Sections 5.2 and 153 5.7 hereof, the Officers of the Company LLC shall not knowingly enter into any agreement or other arrangement for the furnishing to or by the Company LLC of goods or services with any Person person related to or affiliated with any Stockholder Member or Officer or the CompanyLLC, unless such agreement or arrangement has been approved Approved by the Supermajority in Interest after the nature of the relationship or affiliation has been disclosed. By way of definition of the phrase "related to or affiliated with," for the purposes of this Subsection 12Section 5.7, the following Persons shall be deemed to be "related to or affiliated with" a Stockholder Member or Officer:. a. (a) Any Person who owns directly or indirectly more than ten percent (10%) of the issued and outstanding stock of, or more than ten percent (10%) of the beneficial interest in any Stockholder Member or Officer;. b. (b) Any Person in which any Stockholder Member or Officer owns directly or indirectly more than ten percent (10%) of the issued and outstanding stock, or more than ten percent (10%) of the issued and outstanding stock, or more than ten percent (10%) of the beneficial interest in such Person; c. (c) Any Person affiliated with any Stockholder Member or Officer or the Persons described in (a) and (b) above; and d. (d) Any agent, officer, director, trustee, employee or partner of any Stockholder Member or Officer or any Person described in (a) through (c) above.

Contracts with Related Parties. With the exception of the employment and consulting arrangements described in Subsections 5Sections 5.2 and 5.7 hereof, 13, 14 and 153 hereofthe other business activity described in Section 4.8, the Officers of the Company LLC shall not knowingly enter into any agreement or other arrangement for the furnishing to or by the Company LLC of goods or services with any Person person related to or affiliated with any Stockholder Member or Officer or the CompanyLLC, unless such agreement or arrangement has been approved Approved by the Supermajority in Interest after the nature of the relationship or affiliation has been disclosed. By way of definition of the phrase "related to or affiliated with," for the purposes of this Subsection 12Section 5.6, the following Persons shall be deemed to be "related to or affiliated with" a Stockholder Member or Officer:. a. (a) Any Person who owns directly or indirectly more than ten percent (10%) of the issued and outstanding stock of, or more than ten percent (10%) of the beneficial interest in any Stockholder Member or Officer;. b. (b) Any Person in which any Stockholder Member or Officer owns directly or indirectly more than ten percent (10%) of the issued and outstanding stock, or more than ten percent (10%) of the issued and outstanding stock, or more than ten percent (10%) of the beneficial interest in such Person; c. (c) Any Person affiliated with any Stockholder Member or Officer or the Persons described in (a) and (b) above; and d. (d) Any agent, officer, director, trustee, employee or partner of any Stockholder Member or Officer or any Person described in (a) through (c) above.