Extract to table

AHT's compliance with the board and committee independence requirements is subject to reliance on the applicable phase-in periods available to newly listed companies in connection with an IPO, and certain action items relating to the completion of independence determinations for investor-designated directors must be resolved within the time frames set forth herein

Applicable Listing Standards Framework The NYSE Listed Company Manual establishes both quantitative and qualitative requirements that a company must satisfy in order to list its securities on the NYSE

01C establishes alternative financial standards, one of which a company must satisfy in order to list

01A of the Manual establishes the minimum distribution standards that must be satisfied in connection with an original listing

01C of the Manual establishes the financial standards that must be satisfied for an original listing

The determination of whether a company is a "controlled company" is critical because it defines the scope of corporate governance obligations that must be satisfied at listing and within the applicable phase-in periods