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To: dharampal luthra who wrote (6907)9/29/1998 1:33:00 PM
From: Dan Dieffenwierth  Respond to of 15313
 
Harry, this paste of requirements mentions two
independent directors as well as other things.
The site was updated July '98.

<Corporate Governance Standards such as: requiring a
<minimum of two independent directors on its board of
<directors; establishing and maintaining an audit
<committee with a majority of independent directors;
<holding an annual shareholders meeting; soliciting
<proxies for all meetings of shareholders; distributing
<annual and interim reports; utilizing the company's
<audit committee or a comparable body to review potential
<conflicts of interest; and requiring shareholder approval
<for certain actions.

Dan