This excerpt taken from the GFIG DEF 14A filed Apr 23, 2008.
The purpose of the Annual Bonus Plan is to reward, through additional cash or equity compensation, eligible employees for their significant efforts and contributions toward improved profitably and growth of the Company by
providing performance incentives in a manner that preserves, for tax purposes, the Company's ability to deduct that compensation. The Annual Bonus Plan is structured to satisfy the requirements for performance-based compensation within the meaning of Section 162(m) of the Internal Revenue Code of 1986, as amended (the "Code") and related Internal Revenue Service regulations. Code Section 162(m) requires that certain material terms of the Annual Bonus Plan, including the eligibility, business criteria and maximum amounts payable, be approved by the Company's stockholders.
This excerpt taken from the GFIG DEF 14A filed Apr 13, 2006.
The Audit Committee (the "Committee") is appointed by the Board of Directors (the "Board") primarily for the purpose of overseeing the accounting and financial reporting processes of GFI Group Inc. (the "Company") and the audits of the financial statements of the Company.
Among other things, the Committee shall prepare an audit committee report as required by the Securities and Exchange Commission (the "SEC") to be included in the Company's annual proxy statement.
These excerpts taken from the GFIG 10-K filed Mar 31, 2005.
This Code of Business Conduct and Ethics (this "Code") contains the policy guidelines and procedures adopted by the Board of Directors of the Company (the "Board") that relate to the legal and ethical standards for conducting Company business. This Code cannot and is not intended to cover every applicable law or to anticipate every issue that may arise, but does set out basic principles to guide all directors, officers and employees of the Company. This Code supplements, but does not replace the Company's Employee Handbook and the policies referenced therein. If you are unclear about a particular situation, stop and ask for guidance before taking action.
The purpose of this Code of Business Conduct and Ethics for Senior Financial Officers (this "Code") is to promote (1) the honest and ethical conduct of the Senior Financial Officers (as defined below), including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships, (2) full, fair, accurate, timely and understandable public disclosures by the Company and (3) compliance with all applicable laws, rules and regulations. It is the Company's intention that this Code be its written code of ethics under Section 406 of the Sarbanes-Oxley Act of 2002 complying with the standards set forth in Securities and Exchange Commission Regulation S-K Item 406.