Charter of the Board of Directors
of Yellow Media Inc.
The Board of Directors of the Corporation (the “Board”) establishes the overall policies for the Corporation, monitors and evaluates the Corporation’s strategic direction, and retains plenary power for those functions not specifically delegated by it to its Committees or to management. Accordingly, in addition to the duties of directors pursuant to the Canada Business Corporations Act, the mandate of the Board is to supervise the management of the business and affairs of the Corporation with a view to the best interests of the Corporation and its shareholders generally. Management’s role is to conduct the day to day operations in a way that will meet this objective.
From time to time, the Board may formally adopt and review mandates for its Committees and may, in addition, delegate certain tasks to its Committees. However, such mandates and delegation of tasks do not relieve the Board of its overall responsibilities.
Consult the full document: Charter of the Board of Directors (71 K PDF)
Approved by the Board of the Corporation on November 2, 2010.