Company: ATLN
Filing Date: 2025-01-23
Form Type: S-4/A
Source: 0001213900-25-006032
Chunk: 263

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-23
Form: S-4/A
Chunk 263
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 Staffing 360 Common Stock” in this proxy statement/prospectus. For a description of the compensation arrangements of Staffing 360’s directors and officers, please refer to “The Merger — Interests of Staffing 360’s Directors and Executive Officers in the Merger”, “Management of The Combined Company — Staffing 360’s Executive Officer Compensation,” and “Management of The Combined Company — Staffing 360’s Directors Compensation” of this proxy statement/prospectus. Policy for Approval of Related Person Transactions Pursuant to a written charter adopted by the audit committee of our board of directors, the audit committee will be responsible for reviewing and approving, prior to our entry into any such transaction, all transactions in which we are a participant and in which any of the following persons has or will have a direct or indirect material interest: •our executive officers; •our directors; •the beneficial owners of more than five percent of our securities; 162 •the immediate family members of any of the foregoing persons; and •any other persons whom our board of directors determines may be considered related persons. For purposes of this policy, “immediate family members” means any child, stepchild, parent, stepparent, spouse, sibling, mother -in-law, father -in-law, son -in-law, daughter -in-law, brother -in-law, or sister -in-law, and any person (other than a tenant or employee) sharing the household with the executive officer, director or five percent beneficial owner. In reviewing and approving such transactions, our audit committee will obtain, or will direct our management to obtain on its behalf, all information that the committee believes to be relevant and important to a review of the transaction prior to its approval. Following receipt of the necessary information, a discussion shall be held of the relevant factors if deemed to be necessary by the committee prior to approval. If a discussion is not deemed to be necessary, approval may be given by written consent of the committee. This approval authority may also be delegated to the chair of the audit committee in some circumstances. No related person transaction shall be entered into prior to the completion of these procedures. Our audit committee or its chair, as the case may be, will approve only those related person transactions that are determined to be in, or not inconsistent with, our best interest and our stockholders’ best interests, taking into account all available facts and circumstances as the committee or the chair determines in good faith to be necessary. These facts and circumstances will typically include, but not be