It is the paramount duty of the Board of Directors to
oversee the CEO and other senior management in the competent
and ethical operation of the Company on a day-to-day basis and
to assure that the long-term interests of the shareholders are
being served. To satisfy this duty, the directors will take a
proactive, focused approach to their position, and set
standards to ensure that the Company is committed to business
success through maintenance of the highest standards of
responsibility and ethics.
Directors bring to the Company a wide range of experience,
knowledge and judgment, and bring these skills to bear for the
Company. These varied skills mean that good governance depends
on far more than a "check the box" approach to standards or
procedures. The governance structure in the Company is
designed to be a working structure for principled actions,
effective decision-making and appropriate monitoring of both
compliance and performance.
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