董事

Any person so appointed shall have all the rights and powers of the Director or Directors for whom such person is appointed in the alternative provided that such person shall not be counted more than once in determining whether or not a quorum is present and also provided that such alternate Director votes on any matter to be determined by the Board in accordance with the written yes-or-no -instructions of his appointer.

被指定的任何人士将拥有该董事的所有权利权力，被指定为代理董事的董事，只要该人士不被计算在所有董事之外，不论是否现存的法定人数，只要该代理董事在须由董事会决定的事项中行使选举权，依据指定该代理董事的董事书面的是或不是的指示。

An alternate Director may be removed at any time by the body which appointed him and, subject thereto, the office of alternate Director shall continue until the happening of any event which, if we were a Director, would cause him to vacate such office or if his appointer ceases for any reason to be a Director.

任何时候，该代理董事可被指定为代理董事的董事撤销代理职务，否则该代理董事任职将继续，直到发生了上述事项，如果是这样，将导致其任职的空缺，如果指定人作为董事因上述原因停止其代理。

An alternate Director shall be entitled to contract and be interested in and benefit from contracts or arrangements or transactions and to be repaid expenses and to be indemnified by the Company to the same extent mutatis mutandis as if he were a Director but he shall not be entitled to receive from the Company any fee in his capacity as an alternate Director except only such part, if any, of the remuneration otherwise payable to his appointor as such appointor may by Notice to the Company from time to time direct.

代理董事将被授权签署合约并从合约或安排、交易中获利，还可有权报销相关花费、为公司目的以董事身份作出必要的行为而获得公司的补偿，但作为代理董事时则不能被授权收悉来自公司的任何酬金，如有可能，也仅能收悉部分，而上述酬金指支付给指定该代理董事的董事的报酬，对该报酬的支付可以是有该指定代理董事的董事在不同时间以通知形式向公司作出的。

An alternate Director shall ipso facto cease to be an alternate Director if his appointor ceases for any reason to be a Director, however, such alternate Director or any other person may be reappointed by the Directors to serve as an alternate Director PROVIDED always that, if at any meeting any Director retires but is reelected at the same meeting, any appointment of such alternate Director pursuant to these Articles which was in force immediately before his retirement shall remain in force as though he had not retired.

如果该代理董事的指定者出于某种理由停止指定代理董事，则任一代理董事将不再是代理董事，然而，该代理董事或其他人士可被董事再次指定，该再次指定的目的是充当代理董事。在任何会议上任何董事退休但在同一会议上被重新选举，在董事退休前，依据相关条款对代理董事的任一任命将立即生效并在该董事未退休的时间内将一直保持效力。

An alternate Director shall, if his appointor so requests, be entitled to receive notices of meetings of the Board or of committees of the Board to the same extent as, but in lieu of, the Director appointing him and shall be entitled to such extent to attend and vote as a Director at any such meeting at which the Director appointing him is not personally present and generally at such meeting to participate in such meeting and vote in accordance with the appointors' written instructions if an alternate Director acts as an alternate for more than one Director his voting rights shall be cumulative.

如依据指定人的要求，该代理董事将被授权接收董事会、董事委员会召开会议的通知，根据董事的指定、某种程度的授权，当该董事指定他不以个人名义在上述会议中参与分享选举权，该选举权是根据指定人的书面指示，如果代理董事作为一名以上董事的代理董事行使选举权时，该代理董事可以作为董事参加任一会议并行使选举权，该选举权可以被累计。

This thesis mainly expatiates on the conception, legal characteristics and content of the independent director system, compares the characteristics of the independent director system and those of the board of supervisors, analyzes the actuality of the independent director system in China and provides some suggestions of perfection in order to bestead the perfection of the corporate governance structure in our country.

本文运用比较分析的方法，对英美独立董事制度和我国独立董事制度进行研究，重点阐述了独立董事的概念、法律特征、独立董事制度的内容，比较分析了独立董事制度和监事会制度的特点，对我国独立董事制度的现状进行分析和探讨，并提出完善建议，以期对完善我国公司治理结构有所裨益。

The impact of position idiosyncracy of independent director on company performance.

研究发现，公司独立董事的平均任期和任期两年以上的独立董事比例对公司绩效都有比较显著的正面影响，从兼职变量对公司绩效影响来看，研究发现，无论是独立董事的平均兼职数目，还是公司独立董事总的兼职数目，或是兼职家数达两家以上的独立董事的比例，都与公司绩效呈现负相关关系，且比较显著。

Independence" is the cornerstone and soul of the system of independent director But the Chinese companies listed on Chinese stock exchanges exist some unreasonable factors such as shareholder rights and so on This kind of independence is imperfect in reality This article analysed the main reasons that affect the independent nature of "independent director in Chinese companies listed on Chinese stock exchanges It puts forward that China should assure independent standards and perfect a mechanism of sele...

"独立性"是独立董事制度的"基石和灵魂"。但我国的上市公司由于股权结构不合理等因素，造成了这种独立性在实际中的缺位。本文以独立董事独立性的基本标准为研究起点，分析影响我国上市公司独立董事独立性的主要原因，提出了从确定独立性的标准为出发点，建立包括完善独立董事选拔机制以及合理的薪酬制度等措施来提高我国上市公司独立董事的独立性。

At Berkshire, wanting our fees to be meaningless to our directors, we pay them only a pittance. Additionally, not wanting to insulate our directors from any corporate disaster we might have, we don't provide them with officers' and directors' liability insurance (an unorthodoxy that, not so incidentally, has saved our shareholders many millions of dollars over the years). Basically, we want the behavior of our directors to be driven by the effect their decisions will have on their family'snet worth, not by their compensation. That's the equation for Charlie and me as managers, and we think it's the right one for Berkshire directors as well.

在伯克希尔，为了避免董事报酬占其个人收入的比例太高，我们仅象征性地支付一点报酬，此外为了不让董事们规避公司发生重大经营意外的风险，我们也不提供董事经理人责任保险(虽然这在一般公司并非常态，但每年却也为公司节省了好几百万美元的保险费用)，基本上，我们希望董事们的行为想法跟在处理自家财务一般小心谨慎，而不只是着眼于董事报酬，这跟查理与我本人在身为伯克希尔经营者的心态一致，我们这样的做法同样也适用于伯克希尔的董事们。

Independent director, intituled Outside Director again,or Non－ Executive director, is the director who he has no contract relation with the company except the status of director. They are neither employee nor relative, provider, dealer, fund-provider, nor the representative of the provider with law, account, audit, management advice service.

独立董事又称为外部独立董事，或独立非执行董事，是指除了董事身份外与公司没有任何其它契约关系的董事，他们既不是公司的雇员及其亲属，也不是公司的供货商、经销商、资金提供者，亦不是向公司提供法律、会计、审计、管理咨询等服务的机构职员或代表，他们与公司没有任何可能影响其对公司决策和事务行使独立判断的关系，也不受其他董事的控制和影响。

Breath, muscle contraction of the buttocks; arch body, as far as possible to hold his head, right leg straight towards the ceiling (peg-leg knee in order to avoid muscle tension).

呼气，收缩臀部肌肉；拱起身体，尽量抬起头来，右腿伸直朝向天花板（膝微屈，以避免肌肉紧张）。

The cost of moving grain food products was unchanged from May, but year over year are up 8%.

粮食产品的运输费用与5月份相比没有变化，但却比去年同期高8％。