Equinox Inc

“Board resolution: after the form 990 is prepared by the auditors, the finance committee reviews it. After review, it is distributed to the board for information and comment.”

“All board members and senior management are required to sign a conflict of interest disclosure statment on an annual basis.”

“Bylaws section 9.2 - approval of executive director's compensation: the board of directors must approve in advance the amount of all compensation for the executive director of the corporation. Before approving the compensation of the executive director, the board shall determine that the total compensation to be provided by the corporation to the executive director is reasonable in amount in light of the position, responsibility and qualification of the executive director for the position held, including the result of an evaluation of the executive director's prior performance for the corporation, if applicable. In making the determination, the board shall consider total compensation to include the salary and the value of all benefits provided by the corporation to the individual in payment for services. At the time of the discussion and decision concerning the executive director's compensation the executive director should not be present in the meeting. The board shall obtain and consider appropriate data concerning comparable compensation paid to similar offices in like circumstances. The board shall set forth the basis for its decision with respect to compensation in the minutes of the meeting at which the decisions are made, including the conclusions of the evaluation and the basis for determining that the individual's compensation was reasonable in light of the evaluation and the comparability data. The corporation used data from an outside consultant to determine the salaries of various senior directors.”

“UPON REQUEST.”

“The audit committee assumes responsibility for the selection of auditors and oversees the audit process.”