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英语翻译ItisthepolicyoftheBoardofDirectorsofCadenceDesignSystems,Inc.(the"Company")thatallInterestedTransactionswithRelatedParties,asthosetermsaredefinedinthispolicy,shallbesubjecttoapprovalorratificationinaccor
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英语翻译
It is the policy of the Board of Directors of Cadence Design Systems,Inc.(the "Company") that all Interested Transactions with Related Parties,as those terms are defined in this policy,shall be subject to approval or ratification in accordance with the procedures set forth below.
Procedures
The Corporate Governance and Nominating Committee shall review the material facts of all Interested Transactions that require the Committee’s approval and either approve or disapprove of the entry into the Interested Transaction,subject to the exceptions described below.If advance Committee approval of an Interested Transaction is not feasible,then the Interested Transaction shall be considered and,if the Committee determines it to be appropriate,ratified at the Committee’s next regularly scheduled meeting.In determining whether to approve or ratify an Interested Transaction,the Corporate Governance and Nominating Committee will take into account,among other factors it deems appropriate,whether the Interested Transaction is on terms no less favorable than terms generally available to an unaffiliated third-party under the same or similar circumstances and the extent of the Related Person’s interest in the transaction.The Corporate Governance and Nominating Committee has reviewed the Interested Transactions described below in "Standing Pre-Approval for Certain Interested Transactions" and determined that each of the Interested Transactions described therein shall be deemed to be pre-approved or ratified (as applicable) by the Corporate Governance and Nominating Committee under the terms of this policy.In addition,the Board of Directors has delegated to the Chair of the Corporate Governance and Nominating Committee the authority to pre-approve or ratify (as applicable) any Interested Transaction with a Related Party in which the aggregate amount involved is expected to be less than $1,000,000.
本人当感激不尽~
It is the policy of the Board of Directors of Cadence Design Systems,Inc.(the "Company") that all Interested Transactions with Related Parties,as those terms are defined in this policy,shall be subject to approval or ratification in accordance with the procedures set forth below.
Procedures
The Corporate Governance and Nominating Committee shall review the material facts of all Interested Transactions that require the Committee’s approval and either approve or disapprove of the entry into the Interested Transaction,subject to the exceptions described below.If advance Committee approval of an Interested Transaction is not feasible,then the Interested Transaction shall be considered and,if the Committee determines it to be appropriate,ratified at the Committee’s next regularly scheduled meeting.In determining whether to approve or ratify an Interested Transaction,the Corporate Governance and Nominating Committee will take into account,among other factors it deems appropriate,whether the Interested Transaction is on terms no less favorable than terms generally available to an unaffiliated third-party under the same or similar circumstances and the extent of the Related Person’s interest in the transaction.The Corporate Governance and Nominating Committee has reviewed the Interested Transactions described below in "Standing Pre-Approval for Certain Interested Transactions" and determined that each of the Interested Transactions described therein shall be deemed to be pre-approved or ratified (as applicable) by the Corporate Governance and Nominating Committee under the terms of this policy.In addition,the Board of Directors has delegated to the Chair of the Corporate Governance and Nominating Committee the authority to pre-approve or ratify (as applicable) any Interested Transaction with a Related Party in which the aggregate amount involved is expected to be less than $1,000,000.
本人当感激不尽~
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