Pier 1 2015 Annual Report Download - page 101

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COMPENSATION COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION; CERTAIN RELATED PERSON TRANSACTIONS
(c) certain transactions with other companies if the aggregate amount involved does not exceed the greater of $1,000,000 or 2%
of the other company’s total annual revenues, (d) certain charitable contributions by Pier 1 Imports if the aggregate amount
involved does not exceed the lesser of $10,000 or 2% of the organization’s total annual receipts, (e) transactions where all
shareholders receive proportional benefits (e.g., dividends), (f) transactions involving competitive bids, (g) regulated transactions,
and (h) certain banking-related services. In addition, the policy delegates to the chair of the nominating and corporate governance
committee the authority to pre-approve or ratify any interested transaction in which the aggregate amount involved is expected to
be less than $250,000. During fiscal 2015, the chair of the nominating and corporate governance committee did not pre-
approve or ratify any transactions.
Transactions with Related Persons
During fiscal 2015, there were no transactions in which Pier 1 Imports was a participant, or is to be a participant, and in which
any related person had or will have a direct or indirect material interest that required approval by the nominating and governance
committee.
Pier 1 Imports indemnifies its directors and executive officers to the fullest extent permitted by law and has also entered into
agreements with these individuals contractually obligating Pier 1 Imports to provide this indemnification to them.
PIER 1 IMPORTS, INC. 2015 Proxy Statement 19