Common use of Post-IPO Clause in Contracts

Post-IPO. Following an underwritten public offering of the Company’s Equity Securities, or American depositary shares representing the Company’s Equity Securities, related party transactions shall be approved by an audit committee of independent Directors, unless the rules of the relevant exchange require or permit an alternative approval process by independent Directors (in which case that process will apply).

Appears in 5 contracts

Samples: www.sec.gov, Melco Resorts & Entertainment LTD, STUDIO CITY INTERNATIONAL HOLDINGS LTD

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