AIRTRAN HOLDINGS, INC.
2003 Committee Charter : AAI
NOMINATING AND CORPORATE GOVERNANCE COMMITTEE CHARTER
The Nominating and Governance Committee (the "Committee") is appointed by the Board of Directors (the "Board"): (1) to assist the Board by identifying qualified candidates for director, and to recommend to the Board the director nominees for the next annual meeting of shareholders; (2) to lead the Board in its annual review of the Board's performance; (3) to recommend to the Board director nominees for each Board Committee; (4) to oversee the annual process of evaluation of the performance of the Company's management; and (5) to develop and recommend to the Board corporate governance guidelines applicable to the Company.
To assist in carrying out its duties, the Committee shall have sole authority to retain and terminate any search firm to be used to identify candidates to serve as a director, including sole authority to approve the search firm's fees and other retention terms. In addition, the Committee shall have authority to obtain advice and assistance from internal or external legal, accounting or other advisors.
The Committee shall be comprised of no fewer than two members. All members of the Committee shall meet the independence requirements of the New York Stock Exchange.
The Nominating and Governance Committee shall meet at least twice a year and at such other times as it deems necessary to carry out its responsibilities. The Chair of the Committee and/or the Board may call such meetings.
To fulfill its responsibilities and duties the Nominating and Governance Committee shall:
Evaluate the current composition, organization and governance of the Board of Directors and its Committees, determine future requirements and make recommendations to the Board for approval.
Determine desired Board member skills and attributes and conduct searches for prospective directors whose skills and attributes reflect those desired. Evaluate and propose nominees for election to the Board of Directors. Have authority to retain and to terminate any search firm to be used to identify director candidates and to approve the search firm's fees and other retention terms.
Administer the annual Board of Directors performance evaluation process including conducting surveys of director observations, suggestions and preferences.
Evaluate and make recommendations to the Board of Directors concerning the appointment of directors to Board committees, the selection of Board committee chairs, and proposal of the Board slate for election. Consider shareholder nominees for election to the Board.
Evaluate and recommend termination of membership of individual directors in accordance with the Board of Directors' governance principles, for cause or for other appropriate reasons.
Evaluate and consider matters relating to the qualifications of directors.
Annually review and reassess the adequacy of the corporate governance guidelines of the Company and recommend any proposed changes to the Board for approval.
Oversee the annual process of performance evaluations of the Company's management.
Form and delegate authority to subcommittees when appropriate.
Make regular reports to the Board.
Annually review and reassess the adequacy of this Charter and recommend any proposed changes to the Board of Directors for approval.
Annually evaluate its own performance.
Fulfill such other duties and responsibilities as may be assigned to the Committee, from time to time, by the Board and/or the Chairman of the Board.