(1) "Listed company prescribed by Presidential Decree" in the main sentence of Article 542-10(1) of the Act means a listed company with total assets valued at 100 billion won or more as at the end of the latest business year.
(2) "Person prescribed by Presidential Decree" in Article 542-10(2)3 of the Act means either of the following categories of person:
1. The spouse or a lineal ascendant or descendant of a director or executive officer who engages in the regular business of the company;
2. A person who currently, or during the latest two years, engaged in the regular business of the company as a director, executive officer, or employee.