Examples of Related Person Transactions in a sentence
For more detail, please see the Company’s Related Person Transactions Policy.
Therefore, the Company has adopted the procedures set forth below for the review, approval or ratification of Related Person Transactions.
All Related Person Transactions that are required to be disclosed in the Company’s filings with the SEC, as required by the Securities Act of 1933 and the Securities Exchange Act of 1934 and related rules and regulations, shall be so disclosed in accordance with such laws, rules and regulations.
Certain Relationships and Related Person Transactions, and Director Independence” insofar as they purport to describe the provisions of the laws and documents referred to therein, are accurate in all material respects.
Certain Relationships and Related Person Transactions, and Director Independence,” insofar as they purport to describe the provisions of the laws and documents referred to therein, are accurate in all material respects.
The Companies are not party to any contract, commitment or transaction (including by way of loan) with any Related Person, except Permitted Related Person Transactions.
In accordance with our Related Person Transactions Policy and Procedures, the Audit Committee must review and approve all transactions in which (i) Tesla or one of its subsidiaries is a participant, (ii) the amount involved exceeds $120,000 and (iii) a related person has a direct or indirect material interest, other than transactions available to all employees of the Company generally.
Therefore, the Company has adopted a written Related Person Transactions Policy which sets forth procedures with respect to the review, approval, ratification and disclosure of such related person transactions where the amount involved exceeds $120,000 in the aggregate in any one fiscal year.
The Company recognizes that Related Person Transactions (as defined below) can present potential or actual conflicts of interest and create the appearance that Company decisions are based on considerations other than the best interests of the Company, its shareholders or employees.Nevertheless, the Company recognizes that there are situations where Related Person Transactions may be or may not be inconsistent with, the best interests of the Company and its shareholders or employees.
Unless otherwise set forth herein, the Shareholder agrees that the Observer shall be subject to the requirements of all Company policies applicable to directors and which are capable of applying to the Observer in his role as such, including but not limited to the Company’s Securities Trading Policy and Related Person Transactions Policy as if the Observer were a director of the Company.