This excerpt taken from the COMV DEF 14A filed Mar 23, 2009.
ELECTION OF DIRECTORS
There are currently seven members on our board of directors, which is divided into three classes (Class I, Class II and Class III) with staggered three-year terms. At the Annual Meeting, each of the two Class II directors, Larry Hagewood, recently appointed in January of 2009, and R. Blake Young will have completed their terms. Mr. William Grealis who resigned from our board as of December 31, 2008, was also a Class II director. In addition, Mr. Grealis had served as the Companys Lead Director and as Chairman of the nominating and corporate governance committee. As a result of Mr. Grealis departure, the Board appointed Alec G. Dreyer to serve as the Lead Director and Chairman of the nominating and corporate governance committee of the Board.
Upon the recommendation of the nominating and corporate governance committee, the Board of Directors has nominated Larry Hagewood and R. Blake Young to serve as the two Class II directors for a three-year term expiring at the 2012 Annual Meeting of Stockholders. Mr. Young was appointed and has been serving as a director of the Company since 2006. Mr. Hagewood was identified by the nominating and corporate governance committee as a candidate for nomination to the Board of Directors and was appointed to the Board in January 2009. If elected, Messrs. Hagewood and Young will serve until our 2012 annual meeting of stockholders or until their successors have been elected and qualified, or until their earlier death, resignation or removal. If either Mr. Hagewood or Mr. Young is unable or declines to serve as a director, the board may designate another nominee to fill each vacancy and the proxy will be voted for that nominee or nominees.
The members of our board of directors who are Class I directors (presently, Messrs. Dreyer and Gutierrez) will be considered for nomination for election at the 2011 annual meeting. The members of our board of directors who are Class III directors (presently, Ms. Brownell and Messrs. Chiste and McCullough) will be considered for nomination for election at the 2010 annual meeting. There are no family relationships among our directors or executive officers.