Vimicro is committed to maintaining the highest standards of business conduct and ethics.
Code of Business Conduct and Ethics
Committees of the Board of Directors
We have established three committees under the board of directors: the Audit Committee, the Compensation Committee and the Corporate Governance and Nominating Committee. Each committee's functions are described below.
The audit committee oversees our accounting and financial reporting processes and the audits of the Company's financial.
Our compensation committee assists the board in reviewing and approving the compensation structure of our directors and executive officers, including all forms of compensation to be provided to our directors and executive officers.
Corporate Governance and Nominating Committee
The corporate governance and nominating committee assists the board of directors in identifying individuals qualified to become our directors and in determining the composition of the board and its committee's.