1.                   

Call to Order

C. Gallagher

8:30 a.m.

2.                   

Approval of February 20, 2007 Minutes* (Vote)

C. Gallagher

8:35 a.m.

3.                   

Discussion of Bylaws Requirements on Quorum and Voting

M. Grable

8:40 a.m.

4.                   

Discussion of Committee Charter*

M. Grable

8:50 a.m.

5.                   

Discussion and Comparison of Employee and Director Ethics Agreements*

M. Grable

9:00 a.m.

6.                   

Cost-Benefit Discussion of NACD Assistance to Directors

J. Thorne

9:10 a.m.

7.                   

Head Count Staffing Levels

N. Capezzuti

9:15 a.m.

8.                   

Compensation Plan Overview (Mercer)

N. Capezzuti

9:20 a.m.

9.                   

Executive Session

a.              Approval of February 20, 2007 Executive Session Minutes* (Vote)**

b.              Officer-Level Salaries & Compensation Goals

c.              Update on CEO Search

d.              Personnel Matters

C. Gallagher

N. Capezzuti

N. Capezzuti

N. Capezzuti

9:30 a.m.

10.               

Adjourn

C. Gallagher

10:00 a.m.