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Committee Resources and Authority

The committee shall have the resources and authority necessary for its duties and responsibilities, including the authority to select, retain, terminate and approve the fees of outside legal, consulting or compensation firms used to evaluate the compensation of directors, the CEOG or other approved persons, without seeking the approval of the board or management. The conventional bank licenseeG shall provide appropriate funding for the compensation of any such persons.

October 2010
 Versions
(1 Version)
 
Oct 1 2010 onwards
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