Leap's Board of Directors and management team are committed to promoting high standards of ethical business conduct and effective corporate governance. Our practices are built upon the principles of fair dealing and ethical conduct in regard to our employees, officers and directors.
As part of Leap's corporate governance framework:
The majority of our Board is made up of independent members, in accordance with the NASDAQ Stock Market Marketplace Rules;
An independent director serves as the Chairman of the Board;
The Board of Directors has three committees:
Audit Committee
Compensation Committee
Nominating and Corporate Governance Committee
All members of our Board committees are independent as required by the NASDAQ Stock Market Marketplace Rules;
The Charters of our Board committees clearly establish their respective roles and responsibilities;
We provide an ethics hotline for our employees to submit their complaints and concerns regarding accounting, accounting internal controls or auditing matters in a confidential, anonymous manner; and
We have adopted a Code of Business Conduct and Ethics for our directors, officers and employees, and a Code of Personal Conduct for all our employees.
