This excerpt taken from the PRSC 8-K filed Oct 15, 2007.
2. Related party transactions:
Management fees and bonuses totaling approximately $4.2 million and $629,000 were paid to officers or to entities associated with officers of the Company for the nine months ended June 30, 2007 and 2006, respectively.
In addition, rent and administration cost recoveries were received from companies controlled by officers of the Company totaling approximately $31,000 for the nine months ended June 30, 2007 and 2006.
These transactions are in the normal course of operations and are measured at the exchange amount, which is the amount of consideration established and agreed to by the related parties.
This excerpt taken from the PRSC 8-K filed Aug 7, 2007.
3.26 Related Party Transactions.
Except as set forth on Schedule 3.26, there are no real estate leases, personal property leases, loans, guarantees, Contracts, transactions, understandings or other arrangements of any nature between or among any WCG Company and any Related Party of any WCG Company.
This excerpt taken from the PRSC 8-K filed Aug 26, 2005.
2. Related Party Transactions
The Company engaged in cash flow transactions with Nulton for the purpose of distributing working and investment capital to Nulton to fund Nultons other operations. For the three months ended March 31, 2005 and 2004, the Company distributed working and investment capital in the form of cash disbursements to Nulton in the amount of approximately $1.1 million and $325,000.
The Company is obligated under three non-cancelable operating lease agreements with Larry J. Nulton, a related party, for its operating and office facilities. For the three months ended March 31, 2005 and 2004, the Company paid Larry J. Nulton approximately $12,000 per period under these lease agreements.