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DRAFT 2×9/2010 Exhibit 4 RESOLUTION ADOPTING NATIONAL AUTO AUCTION ASSOCIATION, INC. MIDWESTERN ZONE CHAPTER GOVERNANCE PROCEDURES BE IT RESOLVED this 3rd day of March 2010, by the Board of Directors
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Exhibit 4 governance procedures outline the policies and practices a company follows in relation to corporate governance.
Publicly traded companies are required to file exhibit 4 governance procedures with the Securities and Exchange Commission (SEC).
Exhibit 4 governance procedures can be filled out by following the SEC guidelines and ensuring all necessary information is accurately reported.
The purpose of exhibit 4 governance procedures is to provide transparency to shareholders and investors regarding the company's corporate governance practices.
Exhibit 4 governance procedures must include information on board composition, committee structure, executive compensation, and other governance related matters.
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