PT » Topics » Meetings of Non-Management Directors

This excerpt taken from the PT 20-F filed Mar 27, 2009.

Meetings of Non-Management Directors

        The NYSE listing standards provide that the non-management directors of each U.S. listed company must meet at regularly scheduled executive sessions without management in order to empower them to serve as a more effective check on management. There is no similar requirement or recommendation under Portuguese law.

This excerpt taken from the PT 20-F filed Mar 28, 2008.

Meetings of Non-Management Directors

        The NYSE listing standards provide that the non-management directors of each U.S. listed company must meet at regularly scheduled executive sessions without management in order to empower them to serve as a more effective check on management. There is no similar requirement or recommendation under Portuguese law.

EXCERPTS ON THIS PAGE:

20-F
Mar 27, 2009
20-F
Mar 28, 2008
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