NYSE Section 303A Written Affirmation Updated for New Compensation Committee Standards

24 January 2014
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Key takeaways:

  • The NYSE has updated its Section 303A written affirmation form to reflect recent modifications to the NYSE listing standards for compensation committees of equity issuers.
  • The new affirmation form must be used by listed companies with annual meetings held after January 15, 2014.
  • Disclosure is required with respect to compensatory fee arrangements and affiliate relationships of compensation committee members, among other things.