Audit Committee - Charter
The purpose of the Audit Committee is to assist the Board in fulfilling its oversight responsibility relating to: (i) the integrity of the Company's financial statements and financial reporting process and its system of internal accounting and financial controls, (ii) the performance of the internal audit function, (iii) the performance of the independent auditors, which would include an evaluation of the independent auditor's qualifications and independence, (iv) the Company's compliance with legal and regulatory requirements, including disclosure controls and procedures, and (v) the preparation of an Audit Committee report to be included in the Company's annual proxy statement.
Nominating & Corporate Governance Committee - Charter
The purpose of the Nominating & Corporate Governance Committee is to: (i) identify individuals qualified to become Board members, consistent with the criteria established by the Board, (ii) recommend to the Board the director nominees for the next annual meeting of shareholders, (iii) leading the Board in the annual review of the Board's performance and the review of management's performance, and (iv) shape the corporate governance policies and practices including developing a set of corporate governance principles applicable to the Company and recommending them to the Board.
Compensation Committee - Charter
The purpose of the Compensation Committee is (i) reviewing and approving the compensation structure for the Chief Executive Officer (CEO) and President, (ii) reviewing and approving the compensation structure for senior management and making recommendations to the Board with respect to incentive-compensation and equity-based plans that are subject to Board approval, and (iii) producing an annual report on executive officer compensation for inclusion in the Company's annual proxy statement.