York International Corporation
2003 Committee Charter : YRK
Charter of the Nominating and Governance Committee of the Board of Directors
Adopted March, 2000
Revised September 26, 2002
The Nominating and Governance Committee (the "Committee") of the Board of Directors (the "Board") of York International Corporation (the "Company") shall identify individuals qualified to become Directors and shall make recommendations to the Board of Directors concerning Director candidates, matters of corporate governance, management succession, and such other matters as the Board shall assign to it .
Structure and Membership
The Board shall determine the size and composition of the Committee and appoint and remove its members. All of the members of the Committee shall be independent Directors who shall be free from any relationship that, in the opinion of the Board, would interfere with the exercise of independent judgment. Members should have prior experience as a Director or executive of a publicly-held company or other experience that provides an understanding of issues of corporate governance. The Committee shall have the authority to delegate matters to subcommittees.
The Committee shall have such regularly scheduled or special meetings as it shall determine necessary and appropriate, but shall meet no less than twice a year. The Committee may invite to its meetings, or meet privately with, others, including representatives of the Company's management and outside consultants and advisors. The Committee shall regularly report to the Board on its activities.
Retention of Advisors and Consultants
The Committee shall have the authority to retain attorneys or such other advisors as it deems appropriate and shall have the sole authority to retain and terminate any search firm used to identify Director candidates and the sole authority to approve the search firm's fees and other retention terms.
In performing its responsibilities, the Committee shall: