| A.   | Purpose |
|----------------|---------|

| B.   | Composition |
|----------------|-------------|

| 1.   | Each      member will be “independent”, as defined by the rules of The NASDAQ Stock      Market (“NASDAQ”); and |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------|

| 2.   | Each      member will meet any other requirements imposed by applicable law,      regulations or rules, including, without limitation, any requirements      imposed by NASDAQ or the Securities and Exchange Commission (the      “SEC”). |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| C.   | Meetings |
|----------------|----------|

| D.   | Functions |
|----------------|-----------|

| 1.   | Board      and Committee Membership andCompensation |
|----------------|-----------------------------------------------------|

| ·   | Reviewing      with the Board the size, function and needs of the Board and its      committees, and establishing specific criteria for evaluating and      selecting new Board and committee members subject to Board approval      thereof, to assure that (a) the proper skills and experience are      represented on the Board and such committees and (b) the composition of      the Board and such committees satisfy all requirements, including      “independence” requirements, in accordance with the listing standards of      NASDAQ, the laws, rules and regulations applicable to the Company and, as      applicable, the Company’s corporate governance  guidelines; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Recruiting      candidates to fill new positions and conducting appropriate inquiries into      the background and qualifications of possible candidates and reviewing the      independence and potential conflicts of interest of prospective      directors; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Except      where the Company is legally required by contract, by law or otherwise to      provide third parties with the ability to nominate directors, evaluating      and recommending to the Board (x) the persons to be nominated for election      as directors, including any candidates recommended by shareholders, at any      meeting of shareholders and (y) the persons to be elected by the Board to      fill any vacancies on the Board; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Evaluating      and considering matters related to qualifications, tenure, retirement and      succession of directors, reviewing the suitability of each Board member      for continued service when his or her term expires or when he or she has a      significant change in status, including a change in principal employment,      and evaluating and making any recommendation regarding any termination of      individual directors; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Adopting,      and periodically reviewing and revising, as it deems appropriate,      procedures regarding director candidates recommended by      shareholders; |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Making      recommendations to the Board regarding committee member appointment and      removal, and appointment of committee chairs;  and |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Making      recommendations to the Board regarding the compensation of Board      members. |
|--------------------|--------------------------------------------------------------------------------------------|

| 2.   | Corporate      Governance |
|----------------|---------------------------|

| ·   | Overseeing      the development of, and recommending to the Board the adoption of,      corporate guidelines, codes of conduct and ethics and other policies and      procedures for the Company, and from time to time as the Committee deems      appropriate, reviewing and assessing the adequacy of such guidelines,      codes, policies and procedures and recommending any proposed changes to      the Board; |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Considering      any other corporate governance issues that arise from time to time,      including any plans or provisions to be adopted by the Company that may      impact shareholders’ rights; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Ensuring      that newly elected directors are adequately educated about the Company,      and that incumbent directors are adequately informed about governance      issues that may affect their ability to serve  effectively; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Reviewing      and making recommendations to the Board regarding proposals of      shareholders that relate to corporate  governance. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------|

| 3.   | Evaluation      of the Board and Management and RelatedMatters |
|----------------|----------------------------------------------------------------|

| ·   | Overseeing      annual self-evaluations of the Board and its committees to determine      whether the Board and its committees are functioning effectively. The      Committee shall determine the nature of the evaluations, supervise the      conduct of the evaluations and prepare its assessment of the Board’s and      committees’ performance, to be discussed with the  Board. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Conducting      periodic evaluations of management regarding management’s administration      and enforcement of the Company’s corporate governance guidelines, codes of      conduct and ethics and other policies and procedures related to the      management and governance of the Company;and |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Overseeing      the management continuity planning process; reviewing, evaluating and      making recommendations to the Board regarding succession plans (including      plans for transitional Board leadership in the event of an unplanned      vacancy), and presenting reports to the Board on such      planning. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.   | Other      Functions |
|----------------|----------------------|

| ·   | Reviewing      and assessing the adequacy and scope of this Charter periodically and      recommending any proposed changes to the Board for    approval; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Reviewing      the performance of the Committee, not less than annually, and reporting on      such performance to the Board; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------|

| ·   | Having      the authority to retain executive search firms (which shall report      directly to the Committee) and independent legal and other advisers, as      the Committee determines necessary or appropriate to carry out its      duties; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Considering      whether Committee members are provided with appropriate background      information and training and, when necessary, seeking such information and      training from the Company’s management and/or other third-party      sources; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Determining      appropriate funding, which the Company shall provide, for payment of (i)      compensation to the executive search firms and other advisors engaged to      aid the Committee in carrying out its duties hereunder and to any      third-party sources providing background information and/or training to      Committee members and (ii) ordinary administrative expenses of the      Committee that are necessary or appropriate in carrying out its      duties; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Regularly      reporting its activities, findings and conclusions to the full Board,      including providing copies to the Board of all approved Committee meeting      minutes; and |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Performing      such other duties as may be requested by the Board or as assigned by the      Company’s Certificate of Incorporation, Bylaws or applicable law, rule or      regulation. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| E.   | Delegation      of Authority |
|----------------|------------------------------|