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    <description>Regulation 62O limits director committee memberships and requires directors to notify the HVDLE of committee positions elsewhere; mandates annual affirmation of the board and senior management code of conduct; requires senior management to disclose material transactions creating potential conflicts, including share dealings and related commercial dealings. It prohibits employees, key managerial personnel, directors or promoters from entering agreements for compensation or profit sharing related to dealings in the entity&#039;s securities without prior board approval and public shareholder approval by ordinary resolution, with disclosure and abstention rules for existing and interested party transactions.</description>
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