2003 Finance Charter: CPY

APPENDIX F - FINANCE AND INVESTMENT COMMITTEE CHARTER

Purpose

The Finance and Investment Committee is appointed by the Board to monitor the Company's investment policies and performance and financing strategies performance, policies and strategy. In addition, it is responsible for reviewing the performance of 401(k) and pension fund money managers. The Committee is charged with overseeing the measurement and monitoring of employee satisfaction with 401(k) service providers. Finally, the Committee is to make recommendations to the Board regarding the sound management of the Company's financial resources.

Committee Membership

The Finance and Investment Committee shall consist of no fewer than three members, all of whom shall meet the independence requirements of the New York Stock Exchange.

The members of the Finance and Investment Committee shall be appointed by the Board on the recommendation of the Nominating and Governance Committee and shall serve until their successors are appointed. Finance and Investment Committee members may be replaced by the Board.

Committee Authority and Responsibilities

The Finance and Investment Committee shall regularly review and recommend to the Board a dividend policy.
The Finance and Investment Committee shall review and monitor compliance with financing plans and asset and liability management.
The Finance and Investment Committee shall review and evaluate investment policies and performance for the Company's pension and 401(k) plans, and corporate funds and make such recommendations as they deem necessary or appropriate to ensure sound management of the Company's assets and the Company's ability to meet employee plan obligations.
The Finance and Investment Committee shall discuss with management the Company's major financial risk exposures and the steps management has taken to monitor and control such exposures, including the Company's risk assessment and risk management policies.
The Finance and Investment Committee may form and delegate authority to subcommittees when appropriate.
The Finance and Investment Committee shall make regular reports to the Board.
The Finance and Investment Committee shall review and reassess the adequacy of this Charter annually and recommend any proposed changes to the Board for approval.
The Finance and Investment Committee shall annually review its own performance.
The Finance and Investment Committee shall also have authority to obtain advice and assistance from internal or external financial, legal, accounting or other advisors.
The Finance and Investment Committee shall perform such other functions and duties as the Board may assign.