Under TARP Provisions

Under TARP provisions:

A) shareholders' approval on compensation packages recommended by the company's compensation committee is binding.
B) if the board disregards the shareholders' vote on a recommended compensation package, the board is automatically in breach of its fiduciary duties to the company and the company's owners.
C) the shareholders have no right to vote on compensation, so their approval or disapproval of the compensation committee's recommendation is not considered.
D) shareholders have a nonbinding vote on any compensation plan recommended by the board of directors.