Audit Committee

The purpose of the Audit Committee is to assist Board oversight of:

• the independent registered public accounting firm's qualifications and independence
   
• the performance of the corporation's internal audit function and independent registered public accounting firm
   
• management's responsibilities to assure that there is in place an effective system of controls reasonably designed to:
   
  • safeguard the assets and income of the corporation
     
  • assure the integrity of the corporation's financial statements
     
  • maintain compliance with the corporation's ethical standards, policies, plans and procedures, and with laws and regulations