MOLX » Topics » I. Purpose

This excerpt taken from the MOLX DEF 14A filed Sep 13, 2006.

I. Purpose

The Audit Committee (the “Committee”) is appointed by the board of directors (the “Board”) for the purpose of assisting the Board in its oversight activities relating to the following matters:

      1.       The quality and integrity of the financial statements of the Corporation,
 
2. The quality and integrity of the internal controls and other accounting, auditing and reporting practices and processes of the Corporation;
 
3. The audits of the Corporation’s financial statements;
 
4. Compliance by the Corporation with legal and regulatory requirements;
 
5. Activities of the Corporation’s internal audit function; and
 
6. Such other duties as requested by the Board.
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