ARUN » Topics » Review, Approval or Ratification of Related Person Transactions

This excerpt taken from the ARUN DEF 14A filed Nov 2, 2009.
Review, Approval or Ratification of Related Person Transactions
 
In accordance with the charter for the Audit Committee of the Board of Directors, our Audit Committee reviews and approves in advance in writing any proposed related person transactions. The most significant related person transactions, particularly those involving our directors and officers, must be reviewed and approved in writing in advance by our Board of Directors. The Company will report all such material related person transactions under applicable accounting rules, federal securities laws and SEC rules and regulations. Any dealings with a related party must be conducted in such a way that no preferential treatment is given to the Company. For purposes of these procedures, “related person” and “transaction” have the meanings contained in Item 404 of Regulation S-K.
 
Review, Approval or Ratification of Related Person Transactions
 
In accordance with the charter for the Audit Committee of the Board of Directors, our Audit Committee reviews and approves in advance in writing any proposed related person transactions. The most significant related person transactions, particularly those involving our directors and officers, must be reviewed and approved in writing in advance by our Board of Directors. The Company will report all such material related person transactions under applicable accounting rules, federal securities laws and SEC rules and regulations. Any dealings with a related party must be conducted in such a way that no preferential treatment is given to the Company. For purposes of these procedures, “related person” and “transaction” have the meanings contained in Item 404 of Regulation S-K.
 
Review, Approval or Ratification of Related Person Transactions
 
In accordance with the charter for the Audit Committee of the Board of Directors, our Audit Committee reviews and approves in advance in writing any proposed related person transactions. The most significant related person transactions, particularly those involving our directors and officers, must be reviewed and approved in writing in advance by our Board of Directors. The Company will report all such material related person transactions under applicable accounting rules, federal securities laws and SEC rules and regulations. Any dealings with a related party must be conducted in such a way that no preferential treatment is given to the Company. For purposes of these procedures, “related person” and “transaction” have the meanings contained in Item 404 of Regulation S-K.
 
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