AXCELIS TECHNOLOGIES, INC.
2003 Committee Charter : ACLS
Nominating and Governance Committee Charter
As Adopted by the Board of Directors on September 25, 2002
The Nominating and Governance Committee shall be comprised of at least three Directors
appointed by the Board all of whom are independent, as defined by the listing standards for the
Nasdaq National Market (the "Nasdaq Rules"), subject to such exceptions as may be allowed by
The Nominating and Governance Committee shall have the authority to retain special legal,
accounting or other consultants to advise the Committee. The Nominating and Governance
Committee may request any officer or employee of the Company or the Company's outside
counsel or independent Nominating and Governance to attend a meeting of the Committee or to
meet with any members of, or consultants to, the Committee.
The Nominating and Governance Committee shall make regular reports to the Board concerning
the Committee's actions, conclusions and recommendations.
The Nominating and Governance Committee shall:
1. Recommend to the Board the appropriate Board size to accommodate key objectives,
balancing sufficient independent directors to perform the functions normally assigned to the
oversight committees and the need for efficient functioning of discussion and decision
2. Establish criteria for Board membership and review prospective Board candidates.
3. Approve all director nominations for election and re-election to the Board.
4. Review at least annually the appropriate skills and characteristics required of Board members
in the context to the composition of the Board and the needs of the business.
5. Establish an independent director succession plan and selection process.
6. Review any shareholder nominations for directors.
7. Review any changes to non-employee director compensation (including the non-executive
Chairman of the Board) and provide a recommendation as to the adoption of such changes to
the full Board.
8. Review and approve any "related party" transactions as required by the Nasdaq Rules,
including (a) business arrangements between the Company and directors or their affiliates or
between the Company and employees, other than compensation for service as a director or as
an employee of the Company, and (b) any other relationships between a director or employee
and the Company or a third party (including membership on the boards of directors of a third
party) which create the appearance or reality of a current or potential conflict of interest.
9. Establish guidelines for, and discuss with some pre-defined frequency the selection and
rotation of committee members, balancing reasonable continuity of committee members with
10. Oversee the content and implementation by management of good governance policies within
the Corporation, including but not limited to a Business Ethics Policy.
11. Establish governance policies for the Corporation in its relationship to its shareholders, the
Board and its employees.
12. Recommend director education programs and establish a method of managing records of
director education undertaken by each director.
13. Review and reassess the adequacy of this Charter annually and recommend any proposed
changes to the Board for approval.
14. Lead annual Board self-assessment processes and make recommendations to the full Board
with respect to the re-nomination of existing directors.