A.2. Role and Functions of the Board

The Board is elected by the stockholders to oversee the business and affairs of the Company, to oversee management, to build long-term value for the stockholders, and to sustain the Company's vitality for its stockholders and other constituencies, including its employees.

In addition to these general roles, the Board performs a number of more specific functions, including:

  • Selecting and overseeing the evaluation of the Chief Executive Officer (the "CEO");

  • Overseeing CEO and senior management succession planning;

  • Providing counsel and oversight on the selection, evaluation and development of senior management;

  • Reviewing and approving corporate strategy on an annual basis;

  • Advising and counseling the CEO and senior ...

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