Sample Audit Committee Charter

The document  contains a sample committee charter intended to comport with the requirements of U.S. federal law, corporate governance listing standards of the principal U.S. stock markets and generally accepted practices for the audit committees of publicly traded U.S. companies. Each incorporates elements suggested or required by the Sarbanes-Oxley Act of 2002 (“SOX”), implementing rules under SOX and other rules adopted by the Securities and Exchange Commission and the Public Company Accounting Oversight Board (“PCAOB”) (as pertinent to accounting firms’ dealings with audit committees), and the corporate governance listing standards of the New York Stock Exchange (“NYSE”) and the Nasdaq Stock Market (“Nasdaq”).