Audit Committee Review of Expenses Sample Clauses

Audit Committee Review of Expenses. Prior to the consummation of the Initial Business Combination or the liquidation of the Trust Account, the Company shall cause the Audit Committee of its Board of Directors to review all payments made to the Sponsor and any of the Company’s officers and directors and any of their respective affiliates.
View SourceView Similar (31)
Audit Committee Review of Expenses. Prior to the consummation of an Initial Business Combination or the Liquidation, the Company shall cause the Audit Committee of its Board of Directors (the “Board”) to review and approve all expense reimbursements above $10,000 made to the Sponsors, the Founders, the Company’s officers, directors and their affiliates and any expense reimbursements payable to members of the Audit Committee of the Company’s Board will be reviewed and approved by the Company’s Board, with any interested directors abstaining from such review and approval.
View SourceView Similar (4)
Audit Committee Review of Expenses. Prior to the consummation of the Initial Business Combination or the liquidation of the Trust, the Company shall cause the Audit Committee of the Company’s Board of Directors to review and approve all payments and reimbursements made to the Highland Group, the Founding Stockholder, the Company’s officers or directors or the Company’s or their respective affiliates other than payments described in clauses (i) and (iv) of Section 5(o)(2) hereof, and any payments and reimbursements made to members of the Audit Committee of the Company’s Board of Directors will be reviewed and approved by the Company’s Board of Directors, with any interested directors abstaining from such review and approval.
View SourceView Similar (2)

Related to Audit Committee Review of Expenses

  • Audit Committee Review Prior to the earlier of the consummation of an initial Business Combination and the Liquidation, the Company’s audit committee will review on a quarterly basis all payments made by the Company to the Sponsor, to the Company’s officers or directors, or to the Company’s or any of such other persons’ respective affiliates.

  • APPENDIX B – INDEPENDENT ASSESSMENT COMMITTEE CHAIRPERSONS Note: The parties agree to meet to discuss the following Independent Assessment Committee Chairpersons. The parties agree to revise and update the list to ensure that an adequate number of Chairpersons are available. If the parties are unable to reach agreement on the revised list, Arbitrator ▇▇▇▇▇ will remain seized to resolve the dispute.

  • Audit Committee (A) The Audit Committee shall be composed of five members who shall be selected by the Board of Directors from its own members, none of whom shall be an officer of the Company, and shall hold office at the pleasure of the Board. (B) The Audit Committee shall have general supervision over the Audit Division in all matters however subject to the approval of the Board of Directors; it shall consider all matters brought to its attention by the officer in charge of the Audit Division, review all reports of examination of the Company made by any governmental agency or such independent auditor employed for that purpose, and make such recommendations to the Board of Directors with respect thereto or with respect to any other matters pertaining to auditing the Company as it shall deem desirable. (C) The Audit Committee shall meet whenever and wherever the majority of its members shall deem it to be proper for the transaction of its business, and a majority of its Committee shall constitute a quorum.

  • Compensation Review The compensation of the Executive will be reviewed not less frequently than annually by the board of directors of the Company.

  • Business Review Meetings In order to maintain the relationship between the Department and the Contractor, each quarter the Department may request a business review meeting. The business review meeting may include, but is not limited to, the following: • Successful completion of deliverables • Review of the Contractor’s performance • Review of minimum required reports • Addressing of any elevated Customer issues • Review of continuous improvement ideas that may help lower total costs and improve business efficiencies.