Extract to table

The disclosure must identify the persons or groups responsible for the review and the standards applied in such review

If the registrant has no such policies or procedures, or if such policies or procedures do not address the matters specified in Item 404(b), the registrant must so state

The change-of-control severance provisions are structured on a "double-trigger" basis, meaning that both a change of control and a qualifying termination of employment (without cause or for good reason) must occur before the enhanced benefits are triggered

The following table summarizes the pro forma ownership of Pinnacle Vista following the IPO: Pinnacle Vista's continued significant ownership of the Company following the IPO, together with its board representation rights under the Amended and Restated Stockholders' Agreement and its registration rights under the Registration Rights Agreement, will create ongoing related-party considerations that must be addressed in the Company's periodic filings with the SEC (annual proxy statements, annual reports on Form 10-K, and quarterly reports on Form 10-Q)

Approval Process Under the proposed policy, all related-party transactions within the scope of the policy must be submitted to the Audit Committee of the Board of Directors for pre-approval prior to the Company's entry into such transaction

In the event that a related-party transaction is entered into without prior Audit Committee approval due to the need for expeditious action or other circumstances that make pre-approval not feasible, the transaction must be submitted to the Audit Committee for ratification at its next regularly scheduled meeting