Company: FEAV
Filing Date: 2025-01-24
Form Type: PRE 14A
Source: 0000950170-25-008828
Chunk: 418

Company: 5E Advanced Materials, Inc.
Filing Date: 2025-01-24
Form: PRE 14A
Chunk 418
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 Payment of the asset(s) or securities proposed to be transferred or issued by Issuer or the relevant Subsidiary, as the case may be, pursuant to the Restricted Payment. The Fair Market Value of any assets or securities that are required to be valued by thisSection 7.7will be determined by Issuer or, if such Fair Market Value is in excess of Five Million Dollars ($5,000,000), by Board of Directors, whose resolution with respect thereto will be delivered to the Purchasers.

7.8[Reserved].

7.9Transactions with Affiliates.

(a)Complete an Affiliate Transaction.

(b)The following will be deemed not to be Affiliate Transactions and, therefore, will not be subject to thisSection 7.9:

(i)any employment or severance agreement or other employee compensation agreement, arrangement or plan, or any amendment thereto, entered into by Issuer or any of the Subsidiaries in the ordinary course of business and approved by the Board of Directors;

(ii)transactions between or among Issuer and the Subsidiaries;

(iii)transactions with a Person that is an Affiliate of Issuer solely because Issuer owns any Capital Stock in such Person;

(iv)the payment of reasonable directors’ fees or expenses, the payments of other reasonable benefits and the provision of officers’ and directors’ indemnification and insurance to the extent permitted by law, in each case in the ordinary course of business;

(v)sales of Capital Stock of Issuer to Affiliates of Issuer and the granting and performance of registration rights;

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(vi)transactions pursuant to agreements in effect on the Effective Date;

(vii)Permitted Investments and Restricted Payments as permitted pursuant toSection 7.7;

(viii)any repurchases, redemptions or other retirements for value by Issuer or any of the Subsidiaries of Indebtedness of any class held by any Affiliate of Issuer, so long as such repurchase, redemption or other retirement for value is on the same terms as are made available to investors holding such class of Indebtedness generally, and Affiliates have an economic interest in no more than fifty percent (50%) of the aggregate principal amount of such class of Indebtedness;

(ix)purchases and sales of raw materials or inventory in the ordinary course of business on market terms;

(x)the entering into of a tax sharing agreement, or payments pursuant thereto, between Issuer and/or