| Audit Committee

The Audit Committee of the Board of Directors assists the Board in fulfilling its responsibility and duty for oversight of the Company Act, Securities and Exchange Act, and such other related laws and regulations. The committee’s purpose is to review and assess the qualitative aspects of financial reports, the registered accounting firm’s selection, independence and qualifications, the effectiveness of the systems of internal control, the company’s compliance with significant applicable legal and regulatory requirements and the Company's exiting or potential risk management.
 
The Audit Committee meets regularly each quarter. The Committee is empowered by its Charter to conduct any study or investigation it deems appropriate to fulfill its responsibilities. It can invite the Company's management team, internal auditors, the Company's independent external auditors, and all employees of the Company to join the meeting.