This excerpt taken from the ZQK DEF 14A filed Feb 16, 2007.
The Purchase Plan is administered by the Compensation Committee of the Board. Such committee, as Plan Administrator, has full authority to adopt such rules and procedures as it may deem necessary for the proper plan
administration and to interpret the provisions of the Purchase Plan. The Board of Directors may exercise the Committees powers and duties under the Purchase Plan.
This excerpt taken from the ZQK DEF 14A filed Feb 25, 2005.
The AIP is administered by the Compensation Committee of the Board of Directors. The present members of the Compensation Committee are William M. Barnum, Michael H. Gray, Robert G. Kirby and Tom Roach, all of whom are deemed to be outside directors of the Company, as defined under Section 162(m). None of the members receive compensation from the Company in any capacity other than as a director of the Company.
The AIP will continue in effect until terminated by the Compensation Committee. The Compensation Committee may amend, modify, suspend, or terminate the AIP for the purpose of meeting or addressing any changes in legal requirements or for any other purpose permitted by law. The Compensation Committee will seek stockholder approval of any amendment determined to require stockholder approval or advisable under the regulations of the Internal Revenue Service or other applicable laws or regulations.