JAS » Topics » Proposal 2 - Ratification of Selection of Ernst & Young LLP as our Independent Registered Public Accounting Firm

This excerpt taken from the JAS DEF 14A filed Apr 27, 2009.
Proposal 2 — Ratification of Selection of Ernst & Young LLP as our Independent Registered Public Accounting Firm
 
The Audit Committee has selected Ernst & Young LLP to serve as our independent registered public accounting firm to audit our financial statements for our fiscal year ending January 30, 2010. Our Board of Directors recommends ratification of the Audit Committee’s appointment of Ernst & Young LLP.
 
The selection of Ernst & Young LLP as our independent registered public accounting firm is not required to be submitted to a vote of the shareholders for ratification. The Sarbanes-Oxley Act of 2002 requires that the Audit Committee be directly responsible for the appointment, compensation and oversight of our independent auditors. Our Board of Directors is submitting the selection to the shareholders for ratification as a matter of good corporate governance practice. If the shareholders fail to vote on an advisory basis in favor of the selection, the Audit Committee will reconsider whether to retain Ernst & Young LLP, and may retain that firm or another firm without re-submitting the matter to our shareholders. Even if the shareholders ratify the selection, the Audit Committee may, at its discretion, direct the selection of a different independent registered public accounting firm at any time during the year if it determines that such a change would be in our best interests and the best interests of our shareholders.
 
A representative of Ernst & Young LLP is expected to be present at our Annual Meeting and will have an opportunity to make a statement if he or she desires to do so. Additionally this representative will be available to answer appropriate questions that you may have regarding Ernst & Young LLP’s examination of our consolidated financial statements for the fiscal year ended January 31, 2009.
 
Vote Required.  Ratification of the Audit Committee’s selection of Ernst & Young LLP as our independent registered public accounting firm for fiscal 2010 will require the affirmative vote of a majority of the shares voting on this proposal.
 
Our Board of Directors recommends that you vote FOR the ratification of the Audit Committee’s selection of Ernst & Young LLP as our independent registered public accounting firm for fiscal 2010.


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Proposal 2 — Ratification of Selection of Ernst & Young LLP as our Independent Registered Public Accounting Firm
 
The Audit Committee has selected Ernst & Young LLP to serve as our independent registered public accounting firm to audit our financial statements for our fiscal year ending January 31, 2009. Our Board of Directors recommends ratification of the Audit Committee’s appointment of Ernst & Young LLP.
 
The selection of Ernst & Young LLP as our independent registered public accounting firm is not required to be submitted to a vote of the shareholders for ratification. The Sarbanes-Oxley Act of 2002 requires that the Audit Committee be directly responsible for the appointment, compensation and oversight of our independent


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auditors. Our Board of Directors is submitting the selection to the shareholders for ratification as a matter of good corporate governance practice. If the shareholders fail to vote on an advisory basis in favor of the selection, the Audit Committee will reconsider whether to retain Ernst & Young LLP, and may retain that firm or another firm without re-submitting the matter to our shareholders. Even if the shareholders ratify the selection, the Audit Committee may, at its discretion, direct the selection of a different independent registered public accounting firm at any time during the year if it determines that such a change would be in our best interests and the best interests of our shareholders.
 
A representative of Ernst & Young LLP is expected to be present at the 2008 Annual Meeting of Shareholders. The representative will be given an opportunity to make a statement if desired and to respond to questions regarding Ernst & Young LLP’s examination of our consolidated financial statements and records for the fiscal year ended February 2, 2008.
 
Vote Required.  Ratification of the Audit Committee’s selection of Ernst & Young LLP as our independent registered public accounting firm for fiscal 2009 will require the affirmative vote of a majority of the shares voting on this proposal.
 
Our Board of Directors recommends that you vote FOR the ratification of the Audit Committee’s selection of Ernst & Young LLP as our independent registered public accounting firm for fiscal 2009.
 
Proposal 2 — Ratification of Selection of Ernst & Young LLP as our Independent Registered Public Accounting Firm
 
The Audit Committee has selected Ernst & Young LLP to serve as our independent registered public accounting firm to audit our financial statements for the fiscal year ending February 2, 2008. Our Board of Directors recommends ratification of the Audit Committee’s appointment of Ernst & Young LLP.


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The selection of Ernst & Young LLP as our independent registered public accounting firm is not required to be submitted to a vote of the shareholders for ratification. The Sarbanes-Oxley Act of 2002 requires that the Audit Committee be directly responsible for the appointment, compensation and oversight of our independent auditors. Our Board of Directors is submitting the selection to the shareholders for ratification as a matter of good corporate practice. If the shareholders fail to vote on an advisory basis in favor of the selection, the Audit Committee will reconsider whether to retain Ernst & Young LLP, and may retain that firm or another firm without re-submitting the matter to our shareholders. Even if shareholders ratify the selection, the Audit Committee may, at its discretion, direct the selection of a different independent registered public accounting firm at any time during the year if it determines that such a change would be in our best interests and the interests of our shareholders.
 
A representative of Ernst & Young LLP is expected to be present at the 2007 Annual Meeting of Shareholders. The representative will be given an opportunity to make a statement if desired and to respond to questions regarding Ernst & Young LLP’s examination of our consolidated financial statements and records for the fiscal year ended February 3, 2007.
 
Vote Required.  Ratification of the Audit Committee’s selection of Ernst & Young LLP as our independent registered public accounting firm for fiscal 2008 will require the affirmative vote of a majority of the shares voting on this proposal.
 
Our Board of Directors recommends that you vote FOR Proposal 2 to ratify the Audit Committee’s selection of Ernst & Young LLP as our independent registered public accounting firm for fiscal 2008.
 
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