 2. Regarding the
level of information that we request from directors for their immediate
family members: (Total responses: n=74)
(select only one) |
| n=6 (8.11%) |
We ask each director to submit a list (at least annually) of
their entire immediate family. |
| n=17 (22.97%) |
We ask each director to submit a list (at least annually) of
their entire immediate family, including certain other information (such
as the place of employment and/or job title). |
| n=10 (13.51%) |
We define "immediate family members" and provide a list of the
company's subsidiaries and then ask each director to list any immediate
family members doing business with these entities. |
| n=14 (18.92%) |
We define "immediate family members" and provide a list of the
company's subsidiaries and then ask each director to confirm that there
are no related issues. |
| n=27 (36.49%) |
We do not request a list related to the immediate family members,
but ask specific questions related to the NYSE/SEC independence rules
and have them confirm that there are no related issues. |
| n=0 (0.00%) |
Other |
3. Regarding the
method(s) of due diligence review that we perform for director
independence: (Total responses: n=75)
(select only one) |
| n=21 (28.00%) |
We rely solely on each director to alert us to any potential
independence issues. |
| n=7 (9.33%) |
We conduct a review (at least annually) of our accounts payable
and receivable for ALL professional/personal affiliations (excluding
immediate family member relationships) provided by our directors.
|
| n=16 (21.33%) |
We conduct a review (at least annually) of our accounts payable
and receivable for ALL transactions related to professional/personal
affiliations and immediate family member relationships provided by our
directors. |
| n=9 (12.00%) |
We conduct a review (at least annually) of our accounts payable
and receivable for certain transactions related to professional/personal
affiliations and/or immediate family member relationships; however, we
only perform such a review of selected affiliations/relationships (i.e.,
we may not conduct a detailed review of certain relationships, such as
that in connection with an immediate family member who is employed by
WalMart and not in an executive position). |
| n=22 (29.33%) |
All - or some combination - of the above |
