The Executive Committee is charged with:

1) the power to transact all business of the Board in the management of the corporation during the period between meetings of the Board, subject to limitations set forth in the bylaws and any limitations otherwise imposed by the Board;

2) coordinating recommendations from other committees of the Board, making recommendations to the Board on all matters of policy and keeping the Board advised at all times concerning the state of affairs of the corporation;

3) with the advice of the Human Resources Committee, acting in all personnel matters involving executive personnel, including search, selection, employment, compensation, contracts and benefits, and no less than annually, performing a review and evaluation of the executive personnel; and

4) reviewing the corporate Bylaws at least once a year and shall propose revisions to them if necessary or desirable.