Examples of Interested Transactions in a sentence
DXC has adopted a written policy requiring the approval of the Nominating/Corporate Governance Committee of all transactions in excess of $120,000 between the company and any related person (Interested Transactions).
Interested Transactions are any Company transactions in which any Related Party has or will have a direct or indirect interest.
The policy contains procedures requiring Related Parties to notify the Company of potential Interested Transactions and for the Nominating and Corporate Governance Committee (“Committee”) to review and approve or disapprove of such transaction.
All Interested Transactions that are required to be disclosed in the Company’s filings with the SEC should be so disclosed in accordance with applicable laws, rules and regulations.
All Interested Transactions with an Interested Person or possible Interested Person has to be reported to the respective Business Unit Board.
Further, the policy requires all Interested Transactions that are required to be disclosed in the Company’s filings with the SEC to be disclosed in accordance with applicable laws, rules, and regulations.
Interested Transactions is any transaction, arrangement relationship or series of similar transactions, arrangements or relationships including the occurrence or issuance of any indebtedness (or the guaranty of any indebtedness) in which (i) the aggregate amount involved will or may be reasonably expected to exceed $250,000 in any calendar year, (ii) the Company or any of its subsidiaries is a participant, and (iii) any Related Party has or will have any direct or indirect interest.
E ffective as of June 25, 1999, Class B Beneficiaries which are the Managing Trustee or any of its Affiliates shall be required to vote all their Class B Interests in accordance with the vote of the majority of Class A Interests voted (i.e., for this purpose Class A Interests which are not voted or which abstain will not be taken into account) with respect to all Interested Transactions.
All Interested Transactions of which management is aware should be disclosed to the Committee.
All transactions, including Interested Transactions involving amounts less than the Threshold, are subject to the Company’s Business and Ethics Corporate Policies, which contain provisions regarding potential conflicts of interest.