A variant is a Special Security Agreement (SSA) in which the company`s board of directors can be composed of both U.S. citizens and nationals of the parent company`s country. In this case, when national security issues are discussed, only U.S. leaders can participate. The SSA requires companies to be managed in accordance with U.S. law and by U.S. citizens. [1] In May 2006, the CEO of BAE Systems described the “firewall status” of BAE, the US subsidiary, BAE Systems Inc.: “British executives, including me, see the financial results; But many areas of technology, products, and programs are not visible to us. The SSA allows us to act as U.S.

companies in the U.S. and offer the highest level of security and integrity in some of the most sensitive areas of national security. [2] A Proxy Board of Directors is a proxy agreement imposed by the U.S. Department of Defense`s Defense Security Service on foreign investors wishing to acquire certain U.S. companies. This is done for national security reasons and applies in particular to defense companies that participate in top secret contracts. The voting agreement is between the foreign company, the U.S. subsidiary holding classified contracts and the DSS. They will from time to time strictly comply with all applicable and amended rules, guidelines and procedures, including, but not, our Code of Ethical Conduct, Insider Trading Guidelines, Anti-Corruption Guidelines, Transaction Guidelines for Close Companies, Special Security Agreements, Internal Controls and Disclosure Controls; compliance with all applicable laws and regulations in the United States and abroad; and are subject to our decisions and instructions that meet the obligations entrusted to you. During the term of the special security agreement, the appointments of new directors or deputy directors are final only after approval by the DSS. Divisions and executive agencies meet prior to the approval of contractors in accordance with B.C. or authorization of authorization under a Special Security Agreement (SSA).

In the event of a vacancy on the Management Board during the term of the specific guarantee agreement, the company shall immediately inform the DSS of that vacancy through its Agency Security Officer and any vacancy of the External Director shall be filled immediately. A proxy card is a requirement imposed by the United States as part of a proxy agreement…