SONO TEK CORP
For the period ended Feb 29, 2024. Filed May 23, 2024.
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FY2024 · Filed May 23, 2024
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Item 13. Certain Relationships and Related Transactions
| ITEM 13 | CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE |
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Transactions with Related Persons – None
Independence of Directors
The Company’s Board of Directors is comprised of six “independent directors”, as that term is defined under NASDAQ rules, and two directors who are not “independent directors”. The Company’s “independent directors” are Donald Mowbray, Eric Haskell, Carol O’Donnell, Philip Strasburg, Joseph Riemer and Adeniyi Lawal. Christopher L. Coccio and R. Stephen Harshbarger are current employees of the Company and therefore are not considered independent.
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