The primary purposes of the Committee are to (i) identify individuals qualified to become directors elected by the holders of the Class A and Class B common stock voting together as a group (each an “Equity Director”) consistent with the criteria established by the Board, and to recommend such nominees for election; (ii) oversee the Company’s policies, procedures and practices in the area of corporate governance, including its Corporate Governance Principles; (iii) recommend and oversee the evaluation process utilized by the Board to evaluate its performance as well as the performance of its committees and individual directors; and (iv) oversee succession planning for the Company’s senior management, including its Chairman and Chief Executive Officer.