Send us Feedback

VeriSign (VRSN)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

VRSN » Topics » Director Independence

This excerpt taken from the VRSN DEF 14A filed Jul 27, 2007.

Director Independence

The Board of Directors has affirmatively determined that each non-employee director is independent and that each director who serves on each of its committees is independent, as the term is defined by rules of The Nasdaq Stock Market and SEC.

This excerpt taken from the VRSN 10-K filed Jul 12, 2007.

DIRECTOR INDEPENDENCE

 

The Board of Directors has affirmatively determined that each non-employee directors is independent and that each director who serves on each of its committees is independent, as the term is defined by rules of The Nasdaq Stock Market and the SEC.

 

142

Table of Contents

 

ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES

 

The following table presents fees for professional services rendered by KPMG LLP for the audit of our annual consolidated financial statements for the years ended December 31, 2006 and December 31, 2005, and fees billed for other services provided by KPMG LLP.

 

     2006 Fees    2005 Fees (1)

Audit Fees (including quarterly reviews):

      

Integrated Audit

    $ 3,835,709    $ 3,336,411

Stock Option Investigation

      2,668,437      —  
             

Consolidated audit (2)

      6,504,146      3,336,411

Statutory Audits

      545,690      399,870

Consent on SEC filing

      7,500      22,500
             

Total Audit Fees

      7,057,336      3,758,781

Audit-Related Fees (3)

      1,298,855      1,153,244

Tax Fees (4)

      228,717      128,743

All Other Fees

      —        —  
             

Total Fees

    $ 8,584,908    $ 5,040,768
             
(1) The Audit Fees reported for fiscal 2005 have been updated from the amounts reported in our proxy statement for our 2006 Annual Meeting of Stockholders which contained an estimate of Total Fees of $4,961,589 as final fees were not available at the time of filing.
(2) Consolidated audit fees for 2006 represent estimated billings as final billings are yet to be determined.
(3) Audit-Related Fees consist principally of attestation of internal controls for service organizations under Statement on Accounting Standards No. 70 and Webtrust audits.
(4) Tax Fees include foreign tax compliance and related tax matters.

 

EXCERPTS ON THIS PAGE:

DEF 14A
Jul 27, 2007
10-K
Jul 12, 2007

RELATED TOPICS for VRSN:

"Director Independence" elsewhere:

Microsoft (MSFT)
Ariba (ARBA)
CA (CA)
Digital River (DRIV)
F5 Networks (FFIV)
Harris Interactive (HPOL)
IBasis (IBAS)
J2 Global Communications (JCOM)
Keynote Systems (KEYN)
RealNetworks (RNWK)
SonicWALL (SNWL)
Support.com, Inc. (SPRT)
Vocus (VOCS)
Intuit (INTU)
Qwest Communications International (Q)
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki