LPL » Topics » Article 34. (Committees)

This excerpt taken from the LPL 20-F filed Apr 11, 2005.

Article 34. (Committees)

 

  (1) The Company shall establish following committees within the Board of Directors.

 

  1. Audit Committee

 

  2. Outside Director Nomination and Corporate Governance Committee

 

  3. Remuneration Committee

 

  4. Other committees as deemed necessary by the Board of Directors

 

  (2) Details on composition, power and operation of each committee shall be determined by a resolution of the Board of Directors.

 

  (3) Articles 30 (2), 31 and 33 shall apply mutatis mutandis in respect of the foregoing committees.

 

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