This excerpt taken from the MOLX DEF 14A filed Sep 10, 2007.
CANDIDATES FOR DIRECTOR
Molex is of the view that the continuing service of qualified incumbents promotes stability and continuity in the boardroom, contributing to the Boards ability to work as a collective body, while giving Molex the benefit of the familiarity and insight into its affairs that its directors have accumulated during their tenure. Accordingly, the process of the Governance and Nominating Committee (Committee) for identifying nominees shall reflect the Boards practice of re-nominating incumbent directors who continue to satisfy the Committees criteria for membership on the Board, whom the Committee believes continue to make important contributions to the Board and who consent to continue their service on the Board.
In view of the foregoing, the Committee will observe the following procedures in identifying and evaluating candidates for election to the Board.