EGC Corporate Governance Practices (May 2018)

ECG Corporate Governance Practices: A Survey and Related Resources PAGE iii Limitations on Board Tenure ........................................................................................................................... 43 Limitations on Board Memberships ................................................................................................................ 43 Mandatory Retirement Age .............................................................................................................................. 44 Minimum Equity Ownership............................................................................................................................ 44 Board Compensation and Indemnification ................................................................................. 44 Compensation of Officers............................................................................................................. 46 Clawback Policies.............................................................................................................................................. 46 Use of Compensation Consultants ................................................................................................................... 46 Employment Agreements ..................................................................................................................................47 Equity Compensation Plans ..............................................................................................................................47 Relationship with Shareholders................................................................................................... 49 Exclusive Forum Provisions ............................................................................................................................. 49 Dual Classes of Stock ........................................................................................................................................ 50 Anti-Takeover Protections ........................................................................................................... 50 Shareholder Rights Plans ................................................................................................................................. 50 Blank Check Preferred Stock............................................................................................................................ 50 Section 203 of the Delaware General Corporation Law .................................................................................. 51 PART III................................................................................................................................................... 52 The Use of Non-GAAP Financial Measures ............................................................................................ 52 The Influence of Proxy Advisory Services............................................................................................... 53 Appendix A – Emerging Growth Company IPOs – January 1, 2013 – December 31, 2017 .................A-1 Appendix B – Emerging Growth Companies.........................................................................................B-1 Appendix C – NYSE Versus Nasdaq Global Market Principal Quantitative Listing Requirements.... .C-1 Appendix D – Summary of Differences Between the NYSE and Nasdaq Listing Standards................D-1 Appendix E – Controlled Companies.....................................................................................................E-1