The Board of Directors has direct access to independent experts – lawyers, accountants and compensation experts – to turn to for counsel regarding specific company polices and activities.
The Audit Committee of the Board of Directors pre-approves all audit and permitted non-audited services, and reviews quarterly and year-end financial statements and associated press releases with our financial management and outside, independent auditors in advance of the filing or release of such documents.
The Compensation Committee of the Board of Directors approves all compensation-related matters involving Alphatec Spine’s senior management. In addition, The Compensation Committee of the Board of Directors approves all bonus plans and acts as the administrator of the company’s stock option plan and employee stock purchase plan.