Examples of Approval Committee in a sentence
In each instance, the Advisor’s Compliance department shall maintain documentation as to the reason why the Approval Committee approved an Access Person’s investment in a limited offering or private placement.
Due to the unique nature of private securities and limited offerings, the Approval Committee will seek approval from the members of the Research department responsible for reviewing private securities for Wasatch accounts and funds before granting pre-clearance approval for a private transaction.
When considering granting pre-clearance for an acquisition by an Access Person of securities in a limited offering or private placement, the Approval Committee will take into account, among other factors, whether the investment opportunity should be reserved for clients/Funds and whether the opportunity is being offered to an individual by virtue of his position with the Advisor/Fund.
However, all other gifts received by HCM Associates with an intrinsic value above approximately $50 must be reported to the Compliance Department for review and approval from the G&E Approval Committee (consisting of the Director of Marketing and Client Services, the CCO, and the President of HCM) prior to acceptance by the HCM Associate.
Planned events are subject to prior written approval by the G&E Approval Committee.
The exercise price at which an Option may be used to purchase a Common Share is determined by the Board or the Approval Committee, as the case may be.
The Connected Transactions Approval Committee worked efficiently in examining and considering connected transactions, which provided business support for the President’s Office.
In each instance, the Firm’s Compliance department shall maintain documentation as to the reason why the Approval Committee approved an Access Person’s investment in a limited offering or private placement.
The Real Estate Site Approval Committee meets approximately every two weeks, and Area Operators are responsible for submitting their sites for approval at least 1 week prior to the meeting.
The Stock Option Expiry Date is the earliest of the date fixed by the Board or the Approval Committee, as the case may be, or the 90th day following the date the person ceases to hold their position other than by reason of death or disability, or sooner as prescribed by the Stock Option Plan.