We are committed to strong corporate governance and transparency for our stockholders. Our directors stand for election every year. We have opted out of anti-takeover provisions and stockholder rights plans and we will not opt back in to those provisions without stockholder approval. Our directors and employees comply with a comprehensive Code of Ethics and Business Conduct that encourages honesty, accountability and mutual respect, and offers communication channels for addressing any issues.
Our long-term incentive compensation plan is fully aligned with the goals of our stockholders and our employees. We believe that our executive officers, directors and employees should own a meaningful equity interest in the Company to more closely align their interests with those of our stockholders.