Company: ALCE
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-007054
Chunk: 162

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 162
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 made, 
 or from which the company received, payments in the current or any of the past three fiscal years that exceed 5% of the recipient’s 
 consolidated gross revenue for that year or $200,000, whichever is greater (subject to certain exclusions);                         |

| ● | The director or a family                                                                                                           
 member of the director is employed as an executive officer of an entity where, at any time during the past three years, any of the 
 executive officers of the company served on the compensation committee of such other entity; or                                    |
| ● | The director or a family                                                                                                           
 member of the director is a current partner of the company’s outside auditor, or at any time during the past three years was       
 a partner or employee of the company’s outside auditor, and who worked on the company’s audit.                                     |
|   | Under such definitions,                                                                                                            
 two of our directors can be considered independent.                                                                                |

Policy Concerning Related Person Transactions Alternus’ board of directors adopted a related person transaction policy setting forth the policies and procedures for the identification, review and approval or ratification of related person transactions. This policy covers, with certain exceptions set forth in Item 404 of Regulation S-K under the Securities Act, any transaction, arrangement or relationship, or any series of similar transactions, arrangements or relationships, in which we had a related person were or will be participants and the amount involved exceeds $120,000 or 1% of the average of our total assets as of the end of our last two completed fiscal years, including purchases of goods or services by or from the related person or entities in which the related person has a material interest, indebtedness and guarantees of indebtedness. In reviewing and approving any such transactions, our audit committee will consider all relevant facts and circumstances as appropriate, such as the purpose of the transaction, the availability of other sources of comparable products or services, management’s recommendation with respect to the proposed related person transaction and the extent of the related person’s interest in the transaction. All of the transactions described in this section were entered into prior to the adoption of this policy. 111 DESCRIPTION OF OUR SECURITIES The following description of the material terms of the Company’s securities is not intended to be a complete summary of the rights and preferences of such securities. This summary is qualified by reference to the complete text of our Third Amended and Restated Certificate of Incorporation and bylaws filed as exhibits to the registration statement of which this prospectus forms a part. Authorized and Outstanding Stock