Compensation Committee Charter Tool
In brief: Compensation committee charters, recommended for companies of all kinds, are required for companies listed on the New York Stock Exchange and Nasdaq. This toolkit lists the minimum compensation committee charter requirements of each exchange, and describes a process for updating compensation committee charters. Its appendices list typical compensation committee charter subject headings. The appendices also provide examples of charter language that goes beyond the exchange-mandated areas.
This resource can help your compensation committee to
- draft an initial compensation committee charter,
- update an existing compensation committee charter, and
- ensure compliance with stock exchange requirements.
Most relevant audiences: compensation committee members and chairs, general counsel, and corporate secretary