Performance evaluation of Independent Directors. a. The Nomination Committee shall lay down the evaluation criteria for performance evaluation of independent directors. b. The company shall disclose the criteria for performance evaluation, as laid down by the Nomination Committee, in its Annual Report. c. The performance evaluation of independent directors shall be done by the entire Board of Directors (excluding the director being evaluated). d. On the basis of the report of performance evaluation, it shall be determined whether to extend or continue the term of appointment of the independent director.
Appears in 5 contracts
Samples: Listing Agreement, Listing Agreement, Listing Agreement
