,i  #aad? ,,congress  #b;d ,session  ,h4
 ,r4 #eici  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,septemb] #f1         
#bjaf,mr4 ,polis introduc$ ! foll[+     
bill2 :i* 0 ref]r$ to ! ,committee on   
,education & ! ,work=ce1 & 9 addition to
 ! ,committees on ,f9ancial ,s]vices1 & 
,ov]sight & ,gov]nm5t ,re=m1 = a p]iod  
to be subsequ5tly det]m9$ by ! ,speak]1 
9 ea* case = consid]ation ( su*         
provisions z fall )9 ! jurisdiction ( ! 
committee conc]n$  ,a ,,bill  ,to       
require employ]s to provide pay /ubs1   
codify ! ,executive ord] relat+ to      
,gov]nm5t contract+1 provide great]     
ov]sight ( executive comp5sation &      
re/rictions on sales ( /ocks1 cl>ify !  
def9ition ( a sup]visor1 & enhance      
p5alties = violations ( work=ce safety &
 /&>ds4  #a4 ,%ort title ,?is ,act may  
be cit$ z ! ,giv+ ,work]s a ,fair ,%ot  
,act4  #b4 ,table ( cont5ts ,! table (  
cont5ts = ?is ,act is z foll[s3  ,sec4  
#a4 ,%ort title4 ,sec4 #b4 ,table (     
cont5ts4 ,title ,i--,employ] ,transp>5cy

 ,sec4 #aja4 ,pay /ub provision         
requirem5t4 ,sec4 #ajb4 ,en=cem5t4 ,sec4
 #ajc4 ,effective date4 ,title ,,ii--,! 
,re-,emp[]m5t ( ,skill$ & ,pr(essional  
,employees & ,con/ruction ,tradework]s  
,sec4 #bja4 ,def9ition ( sup]visor4     
,title ,,iii--,adequate ,labor ,law     
,puni%m5t & ,p5alties ,sec4 #cja4       
,p5alty enhancem5ts4 ,title ,,iv--,fir/ 
,contract ,arbitration ,sec4 #dja4      
,facilitat+ initial collective b>ga9+   
agreem5ts4 ,title ,v--,%>ehold]         
,emp[]m5t & ,executive ,responsibility  
,sec4 #eja4 ,%>ehold] votes on executive
 comp5sation4 ,sec4 #ejb4 ,,ceo &       
*airman ( ! bo>d ( directors requir$ to 
be diff]5t individuals4 ,sec4 #ejc4     
,ext5sion ( c]ta9 requirem5ts =         
directors & (fic]s4 ,title              
,,vi--,prev5tion ( ,taxpay] ,doll>s ,be+
 ,us$ = ,labor ,bu/+ ,sec4 #fja4        
,limitation on ! all[ability ( co/s4  ,i
 ,employ] ,transp>5cy  #aja4 ,pay /ub   
provision requirem5t ,section #aa ( !   
,fair ,labor ,/&>ds ,act ( #aich 7#bi   

,u4,s4,c4 #baa7 is am5d$ by add+ at !   
end ! foll[+ new subsection3  7e7 ,e    
employ] subject to subsection 7c7 %all  
provide to ea* employee1 9 conjunction )
 ea* paym5t ( comp5sation to t employee1
 a docum5t itemiz+--  7#a7 ! total h\rs 
work$ dur+ ! pay p]iod2  7#b7 ! total   
pay dur+ ! pay p]iod2  7#c7 ! h\rly rate
 ( pay1 or-- 7,a7 if ! employee is paid 
a sal>y1 ! h\rly equival5t rate ( pay2  
7,b7 if ! employee is paid a piece rate1
 ! numb] ( piece rate units e>n$1 !     
applicable piece rate1 & total am\nt    
paid 9 accordance ) su* piece rate2 or  
7,c7 if ! employee receives commissions 
or is paid on ! basis ( any o!r type (  
rate1 ! total am\nt paid 9 su*          
commissions or 9 accordance ) su* rate2 
7#d7 ! total am\nt & rate ( any ov]time 
pay or1 9 ! case ( an employee employ$  
at piece rate1 ! piece rate paid = ea*  
su* ov]time h\r2  7#e7 ! total am\nts ( 
e>n$1 us$1 & available paid leave1 & any
 expiration dates associat$ ) su* leave2
  7#f7 ! s\rce & am\nt ( ea* d$uction f 

total pay1 includ+ an indication ( :e!r 
su* d$uction is taxable or non-taxable2 
7#g7 :e!r ! employee is-- 7,a7 exempt f 
! m9imum wage requirem5ts "u section    
#f7;a72  7,b7 exempt f ! ov]time        
requirem5ts "u section #g2 &  7,c7 if   
applicable1 consid]$ by ! employ] to be 
an executive1 adm9i/rative1 pr(essional1
 or outside sales employee2 &  7#h7 su* 
additional in=mation relat+ to su*      
comp5sation t ! ,secret>y may require4  
4  #ajb4 ,en=cem5t ,section #af7;e77#b7 
( ! ,fair ,labor ,/&>ds ,act ( #aich    
7#bi ,u4,s4,c4 #baf7;e77#b77 is am5d$-- 
7#a7 by /rik+ 7#b7 ,any p]son & ins]t+  
7#b77;,a7 ,any p]son2 &  7#b7 by add+ at
 ! end ! foll[+ new subp>agraph3  7,b7  
,any p]son :o violates ! provisions (   
section #aa7;e7 ( ?is ,act %all be      
subject to a civil p5alty (--  7i7 n m  
?an #a1jjj p] day ! docum5t is n provid$
 to ! employee2 or  7ii7 n m ?an #ajj p]
 day ! p]son fails to provide a new     
docum5t to ! employee t--  7,i7 conta9s 
any item or items describ$ 9 p>agraphs  

7#a7 ?r\gh 7#h7 ( t subsection t 0 miss+
 9 ! docum5t z orig9ally provid$2 or    
7,,ii7 corrects any su* item or items t 
0 incorrect z orig9ally provid$4  4     
#ajc4 ,effective date ,! am5dm5ts made  
by ?is title %all take effect ) respect 
to comp5sation paid aft] ! date t is #a 
ye> aft] ! date ( ! enactm5t ( ?is ,act4
  ,,ii ,! ,re-,emp[]m5t ( ,skill$ &     
,pr(essional ,employees & ,con/ruction  
,trade"wers  #bja4 ,def9ition (         
sup]visor ,section #b7aa7 ( ! ,national 
,labor ,relations ,act 7#bi ,u4,s4,c4   
#aeb7aa77 is am5d$-- 7#a7 by ins]t+ & = 
a majority ( ! individual's worktime    
aft] int]e/ ( ! employ]2  7#b7 by /rik+ 
assign12 &  7#c7 by /rik+ or            
responsibility to direct !m14  ,,iii    
,adequate ,labor ,law ,puni%m5t &       
,p5alties  #cja4 ,p5alty enhancem5ts    
7a7 ,national ,labor ,relations ,act    
7#a7 ,backpay ,section #aj7;c7 ( !      
,national ,labor ,relations ,act 7#bi   
,u4,s4,c4 #afj7;c77 is am5d$ by /rik+ ,&
 provid$ fur!r1 & ins]t+ ,provid$ fur!r1

 ,t if ! ,bo>d f9ds t an employ] has    
committ$ a violation ( section #h7;a7 t 
results 9 ! dis*>ge ( an employee or o!r
 s]i\s economic loss to an employee1 !  
,bo>d %all aw>d ! employee back pay & an
 additional am\nt z liquidat$ damages   
equal to #b times ! am\nt ( su* back    
pay1 )\t any r$uction 7includ+ any      
r$uction bas$ on ! employee's int]im    
e>n+s or failure to e>n int]im e>n+s73  
,provid$ fur!r14  7#b7 ,p5alty = int]f]+
 ) ! ,national ,labor ,relations ,bo>d  
,section #ab ( ! ,national ,labor       
,relations ,act 7#bi ,u4,s4,c4 #afb7 is 
am5d$ by /rik+ all t foll[s %all be &   
ins]t+ f9$ "u title #ah1 ,unit$ ,/ates  
,code1 or imprison$ = n m ?an ?ree ye>s1
 or bo?44  7b7 ,fair ,labor ,/&>ds ,act 
,section #af7;a7 ( ! ,fair ,labor ,/&>ds
 ,act ( #aich 7#bi ,u4,s4,c4 #baf7;a77  
is am5d$-- 7#a7 by /rik+ n m ?an six    
mon?s & ins]t+ n m ?an ?ree ye>s2 &     
7#b7 by /rik+ except = an (f5se & ins]t+
 except = an (f5se3 t d5ies an employee 
m ?an #a1jjj 9 m9imum wages or ov]time  

comp5sation1 or bo?1 9 a #ab-mon? p]iod2
 t subjects su* p]son to a civil p5alty 
"u subsection 7e77#a77;,a77ii72 or t is4
  7c7 ,occupational ,safety & ,heal?    
,act  7#a7 ,violation caus+ or          
significantly contribut+ to s]i\s       
illness1 s]i\s injury1 or dea? to       
employee ,section #ag7;e7 ( !           
,occupational ,safety & ,heal? ,act (   
#aigj 7#bi ,u4,s4,c4 #fff7;e77 is       
am5d$-- 7,a7 by /rik+ willfully & ins]t+
 kn[+ly2  7,b7 by /rik+ caus$ dea? to & 
ins]t+ causes or significantly          
contributes to ! s]i\s illness or s]i\s 
injury 7z ^? t]ms are def9$ 9 section   
#eai7;b77#f7 ( ! ,f$]al ,food1 ,drug1 & 
,cosmetic ,act7 or dea?1 (2  7,c7 by    
/rik+ puni%$ by a f9e ( n m ?an #aj1jjj 
or by imprisonm5t = n m ?an six mon?s1  
or by bo? & ins]t+ f9$ "u title #ah1    
,unit$ ,/ates ,code1 or imprison$ = n m 
?an #aj ye>s1 or bo?2 &  7,d7 by /rik+  
su* p]son1 puni%m5t %all be by a f9e ( n
 m ?an #bj1jjj or by imprisonm5t = n m  
?an "o ye>1 or by bo? & ins]t+ su*      

employ]1 ! employ] %all be f9$ "u title 
#ah1 ,unit$ ,/ates ,code1 or imprison$ =
 n m ?an #bj ye>s1 or bo?4  7#b7 ,p5alty
 = dis*>ge or discrim9ation aga9/       
employee = ex]cise ( rights ,section #ag
 ( ! ,occupational ,safety & ,heal? ,act
 ( #aigj 7#bi ,u4,s4,c4 #fff7 is am5d$  
by add+ at ! end ! foll[+3  7m7         
,p5alties = dis*>ge or discrim9ation    
aga9/ employee = ex]cise ( rights ,9    
addition to any disposition "u section  
#aa7;c71 any employ] :o violates section
 #aa7;c77#a7 %all be puni%$ z foll[s3   
7#a7 ,fir/ violation ,= ! fir/ su*      
violation1 ! employ] %all be f9$ n m ?an
 #ej1jjj4  7#b7 ,second or subsequ5t    
violation ,if ! employ] commits su* a   
violation aft] receiv+ a p5alty "u      
p>agraph 7#a71 ! employ] %all be f9$ n  
less ?an #bj1jjj & n m ?an #bjj1jjj4    
7#c7 ,violation caus+ or significantly  
contribut+ to s]i\s illness1 s]i\s      
injury1 or dea? ,p>agraphs #a & #b      
not)/&+1 if su* violation causes or     
significantly contributes to a s]i\s    

illness or s]i\s injury 7z ^? t]ms are  
def9$ 9 section #eai7;b77#f7 ( ! ,f$]al 
,food1 ,drug1 & ,cosmetic ,act 7#ba     
,u4,s4,c4 #cfj;i77 or dea?1 ! employ]   
%all be f9$ "u title #ah1 ,unit$ ,/ates 
,code1 or imprison$ = n m ?an #aj ye>s1 
or bo?4  4  7d7 ,migrant & ,seasonal    
,agricultural ,work] ,protection ,act   
,section #eja ( ! ,migrant & ,seasonal  
,agricultural ,work] ,protection ,act   
7#bi ,u4,s4,c4 #ahea7 is am5d$--  7#a7 9
 subsection 7a7 by /rik+ n m ?an #a1jjj 
or s5t5c$ to prison = a t]m n to exce$  
"o ye>1 or bo? & ins]t+ "u title #ah1   
,unit$ ,/ates ,code1 or imprison$ = n m 
?an ?ree ye>s1 or bo?2 &  7#b7 9        
subsection 7b7 by /rik+ n m ?an #aj1jjj 
or s5t5c$ to prison = a t]m n to exce$  
?ree ye>s1 or bo? & ins]t+ "u title #ah1
 ,unit$ ,/ates ,code1 or imprison$ = n m
 ?an six ye>s1 or bo?4  7e7 ,f$]al ,m9e 
,safety & ,heal? ,act ,section #aaj7;d7 
( ! ,f$]al ,m9e ,safety & ,heal? ,act ( 
#aigg 7#cj ,u4,s4,c4 #hbj7;d77 is am5d$ 
to read z foll[s3  7d7 ,crim9al p5alties

  7#a7 ,9 g5]al ,:oev]1 be+ an op]ator1 
kn[+ly-- 7,a7 violates a m&atory heal?  
or safety /&>d1 or  7,b7 violates or    
fails or refuses to comply ) any ord]   
issu$ "u section #ajd or section #ajg1  
or any ord] incorporat$ 9 a f9al        
decision issu$ "u ?is ,act 7except an   
ord] incorporat$ 9 a decision "u        
subsection 7a77#a7 or section #aje7;c771
  %all1 ^u conviction1 be f9$ n m ?an   
#bej1jjj1 or imprison$ = n m ?an #a ye>1
 or bo?1 except t if ! op]ator commits !
 violation aft] hav+ be5 previ\sly      
convict$ ( a violation "u ?is p>agraph &
 if1 ! op]ator kn[s or has reason to "k 
t su* subsequ5t violation has ! pot5tial
 to expose a m9] to risk ( s]i\s injury1
 s]i\s illness1 or dea?1 ! op]ator %all1
 ^u conviction1 be f9$ n m ?an          
#a1jjj1jjj1 or imprison$ = n m ?an #e   
ye>s1 or bo?4  7#b7 ,significant risk ( 
s]i\s injury1 s]i\s illness1 or dea?    
,:oev]1 be+ an op]ator1 kn[+ly-- 7,a7   
tamp]s ) or disables a requir$ safety   
device 7except ) express au?orization f 

! ,secret>y71  7,b7 violates a m&atory  
heal? or safety /&>d1 or  7,c7 violates 
or fails or refuses to comply ) an ord] 
issu$ "u section #ajd or #ajg1 or any   
ord] incorporat$ 9 a f9al decision issu$
 "u ?is ,act 7except an ord] incorporat$
 9 a decision "u subsection 7a77#a7 or  
section #aje7;c771  & !reby recklessly  
exposes a m9] to significant risk (     
s]i\s injury1 s]i\s illness1 or dea?1   
%all1 ^u conviction1 be f9$ n m ?an     
#a1jjj1jjj or imprison$ = n m ?an #e    
ye>s1 or bo?1 except t if ! op]ator     
commits ! violation aft] hav+ be5       
previ\sly convict$ ( a violation "u ?is 
p>agraph1 ! op]ator %all1 ^u conviction1
 be f9$ n m ?an #b1jjj1jjj1 or imprison$
 = n m ?an #aj ye>s1 or bo?4  7#c7      
,crim9al p5alties = retaliation ,:oev]  
kn[+ly-- 7,a7 ) ! int5t to retaliate1   
int]f]es ) ! lawful employm5t or        
livelihood ( a p]son1 or ! sp\se1 sibl+1
 *ild1 or p>5t ( a p]son1 because any ( 
!m provides in=mation to an au?oriz$    
repres5tative ( ! ,secret>y1 to a ,/ate 

or local m9e safety or heal? (fic] or   
(ficial1 or to o!r law en=cem5t (fic]1 9
 reasonable belief t ! in=mation is true
 & relat$ to an app>5t heal? or safety  
violation1 or to an app>5t unheal?ful or
 unsafe condition1 policy1 or practice  
"u ?is ,act1 or  7,b7 int]f]es1 or      
?reat5s to int]f]e1 ) ! lawful employm5t
 or livelihood ( a p]son1 or ! sp\se1   
sibl+1 *ild1 or p>5t ( a p]son1 ) !     
int5t to prev5t any ( !m f s provid+ su*
 in=mation1  %all be f9$ "u title #ah or
 imprison$ = n m ?an #e ye>s1 or bo?4  4
  ,,iv ,fir/ ,contract ,arbitration     
#dja4 ,facilitat+ initial collective    
b>ga9+ agreem5ts ,section #h ( !        
,national ,labor ,relations ,act 7#bi   
,u4,s4,c4 #aeh7 is am5d$ by add+ at !   
end ! foll[+3  7h7 ,:5ev] collective    
b>ga9+ is = ! purpose ( e/abli%+ an     
initial agreem5t foll[+ c]tification or 
recognition1 9 lieu ( subsection 7d71 ! 
foll[+ %all apply3  7#a7 ,n lat] ?an #aj
 days aft] receiv+ a writt5 reque/ =    
collective b>ga9+ f an individual or    

labor organization t has be5 newly      
organiz$ or c]tifi$ z a repres5tative z 
describ$ 9 section #i7;a71 or )9 su*    
fur!r p]iod z ! p>ties agree ^u1 !      
p>ties %all meet & comm5ce to b>ga9     
collectively & %all make e reasonable   
ef=t to conclude & sign a collective    
b>ga9+ agreem5t4  7#b7 ,if aft] !       
expiration ( ! #ij-;day p]iod beg9n+ on 
! date on :i* b>ga9+ is comm5c$1 or su* 
additional p]iod z ! p>ties may agree   
^u1 ! p>ties h fail$ to rea* an         
agreem5t1 ei!r p>ty may notify ! ,f$]al 
,m$iation & ,conciliation ,s]vice ( !   
exi/5ce ( a dispute & reque/ m$iation4  
,:5ev] su* a reque/ is receiv$1 x %all  
be ! duty ( ! ,s]vice promptly to put   
itself 9 communication ) ! p>ties & to  
use its be/ ef=ts1 by m$iation &        
conciliation1 to br+ !m to agreem5t4    
7#c7 ,if aft] ! expiration ( ! #cj-;day 
p]iod beg9n+ on ! date on :i* ! reque/ =
 m$iation is made "u p>agraph 7#b71 or  
su* additional p]iod z ! p>ties may     
agree ^u1 ! ,s]vice is n able to br+ !  

p>ties to agreem5t by conciliation1 !   
,s]vice %all ref] ! dispute to an       
arbitration bo>d e/abli%$ 9 accordance )
 su* regulations z may be prescrib$ by !
 ,s]vice4 ,! arbitration panel %all r5d]
 a decision settl+ ! dispute & su*      
decision %all be b9d+ ^u ! p>ties = a   
p]iod ( #b ye>s1 unless am5d$ dur+ su*  
p]iod by writt5 cons5t ( ! p>ties4  4   
,v ,%>ehold] ,emp[]m5t & ,executive     
,responsibility  #eja4 ,%>ehold] votes  
on executive comp5sation  7a7           
,additional votes requir$ if resolution 
on comp5sation n approv$ by %>ehold]s   
,section #ad;,a7a7 ( ! ,securities      
,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4    
#ghn-#a7;a77 is am5d$ by add+ at ! end !
 foll[+3  7#d7 ,additional votes requir$
 if resolution on comp5sation n approv$ 
by %>ehold]s  7,a7 ,9 g5]al ,if a       
resolution requir$ by p>agraph 7#a7 or  
?is subp>agraph is n approv$ by vote ( !
 %>ehold]s1 ! issu] %all call a meet+ ( 
! %>ehold]s at :i* !re %all be1         
sep>ately = ea* executive (fic] ^:      

comp5sation 0 n approv$ 9 ! e>li] vote1 
a %>ehold] vote on a sep>ate resolution 
to approve ! comp5sation disclos$ "u    
subp>agraph 7,b7 ) respect to su*       
executive (fic]4  7,b7 ,disclosure ,!   
proxy or cons5t or au?orization = a     
meet+ requir$ by subp>agraph 7,a7 %all  
disclose-- 7i7 pursuant to section      
#bbi4djb ( title #ag1 ,code ( ,f$]al    
,regulations1 or any successor !reto1 ! 
comp5sation ( ea* executive (fic] ^:    
comp5sation w be subject to approval at 
su* meet+2 &  7ii7 9 a cle> & simple =m 
9 accordance ) regulations to be        
promulgat$ by ! ,commission1 any        
arrangem5ts1 :e!r or n writt51 t ea* su*
 executive (fic] has ) ! issu] conc]n+ !
 t]ms "u :i* any type ( comp5sation may 
be e>n$ by or aw>d$ to ! executive      
(fic]1 includ+ 9 ! future1 unless su*   
arrangem5ts are disclos$ "u clause 7i74 
7,c7 ,tim+ ( votes  7i7 ,initial vote ,!
 vote on ! initial resolution requir$ by
 subp>agraph 7,a7 ) respect to an       
executive (fic] %all occur n lat] ?an ! 

end ( ! ?ird qu>t] ( ! same fiscal ye> (
 ! issu] 9 :i* ! vote on ! resolution   
requir$ by p>agraph 7#a7 occurs4  7ii7  
,second vote ,if ! initial resolution   
requir$ by subp>agraph 7,a7 ) respect to
 an executive (fic] is n approv$ by !   
%>ehold]s1 ! vote on ! second resolution
 requir$ by su* subp>agraph ) respect to
 su* executive (fic] %all occur n lat]  
?an ! date t is #ij days aft] ! vote on 
! initial resolution requir$ by su*     
subp>agraph ) respect to su* executive  
(fic]4  7iii7 ,subsequ5t votes ,if !    
second resolution requir$ by subp>agraph
 7,a7 ) respect to an executive (fic]1  
or any subsequ5t resolution requir$ by  
su* subp>agraph ) respect to su*        
executive (fic]1 is n approv$ by !      
%>ehold]s1 ! vote on ! next resolution  
requir$ by su* subp>agraph ) respect to 
su* executive (fic] %all occur n lat]   
?an ! date t is #ij days aft] ! vote on 
! previ\s resolution requir$ by su*     
subp>agraph ) respect to su* executive  
(fic]4  7,d7 ,inapplicability           

,subp>agraph 7,a7 does n apply ) respect
 to an individual :o is no long] an     
executive (fic] ( ! issu]4  4  7b7 ,b9d+
 effect ( votes on frequ5cy ,section    
#ad;,a7a77#b7 ( ! ,securities ,ex*ange  
,act ( #aicd 7#ae ,u4,s4,c4             
#ghn-#a7;a77#b77 is am5d$ by add+ at !  
end ! foll[+3 ,su* votes %all occur n   
less frequ5tly ?an s det]m9$44  7c7     
,rules ( con/ruction ,section #ad;,a7c7 
( ! ,securities ,ex*ange ,act ( #aicd   
7#ae ,u4,s4,c4 #ghn-#a7;c77 is am5d$--  
7#a7 9 p>agraph 7#b71 by /rik+ !        
semicolon & ins]t+ 2 or2  7#b7 9        
p>agraph 7#c71 by /rik+ 2 or & ins]t+ a 
p]iod2  7#c7 by r$esignat+ p>agraphs    
7#a7 ?r\gh 7#c7 z subp>agraphs 7,a7     
?r\gh 7,c71 respectively1 & mov+ ! m>g9s
 ( su* subp>agraphs #b ems to ! "r2     
7#d7 by /rik+ ,rule ( con/ruction4--,!  
%>ehold] vote ref]r$ to 9 subsections   
7a7 & 7b7 & ins]t+ ! foll[+3 ,rules (   
con/ruction4-- 7#a7 ,9 g5]al ,except = !
 %>ehold] vote requir$ by p>agraph 7#b7 
( subsection 7a71 & except = !          

requirem5t ( p>agraph 7#d7 ( su*        
subsection = a %>ehold] vote on a       
subsequ5t resolution aft] failure ( a   
previ\s resolution to be approv$ by !   
%>ehold]s1 a %>ehold] vote requir$ by   
subsection 7a7 or 7b7  2 &  7#e7 by     
/rik+ 7#d7 to re/rict or limit & ins]t+ 
! foll[+3  7#b7 ,no effect on ability ( 
%>ehold]s to make proposals ,a %>ehold] 
vote requir$ by subsection 7a7 or 7b7   
may n be con/ru$ to re/rict or limit  4 
7d7 ,effective date ,! am5dm5ts made by 
?is section %all apply to an issu]--    
7#a7 ) respect to an additional %>ehold]
 vote "u p>agraph 7#d7 ( section        
#ad;,a7a7 ( ! ,securities ,ex*ange ,act 
( #aicd1 z add$ by subsection 7a7 ( ?is 
section1 beg9n+ ) ! fir/ %>ehold] vote  
"u p>agraph 7#a7 ( su* section #ad;,a7a7
 t occurs on or aft] ! date t is #a ye> 
aft] ! date ( ! enactm5t ( ?is ,act2 &  
7#b7 ) respect to a %>ehold] vote "u    
p>agraph 7#b7 ( su* section #ad;,a7a71  
beg9n+ ) ! fir/ su* vote t occurs on or 
aft] ! date t is #a ye> aft] ! date ( ! 

enactm5t ( ?is ,act4  #ejb4 ,,ceo &     
*airman ( ! bo>d ( directors requir$ to 
be diff]5t individuals  7a7 ,9 g5]al ,! 
,securities ,ex*ange ,act ( #aicd 7#ae  
,u4,s4,c4 #gh;a et seq47 is am5d$ by    
ins]t+ aft] section #ci ! foll[+3  #dj4 
,,ceo & *airman ( ! bo>d ( directors    
requir$ to be diff]5t individuals  7a7  
,9 g5]al ,except z provid$ 9 subsection 
7b71 an issu] t is requir$ to prep>e a  
proxy /atem5t "u section #ad7;a7 may n h
 ! same individual simultane\sly s]v+ 9 
! position ( *ief executive (fic] 7or   
any equival5t position7 ( su* issu] &   
*airman ( ! bo>d ( directors 7or any    
equival5t position7 ( su* issu]1 & an   
individual may n simultane\sly s]ve 9   
bo? su* positions4  7b7 ,treatm5t (     
small capitalization companies          
,subsection 7a7 %all n apply 9 ! case ( 
a small capitalization company 7z def9$ 
by ! ,commission by regulation7 if1 by  
%>ehold] vote1 ! %>ehold]s elect = su*  
subsection n to apply4  4  7b7 ,con=m+  
am5dm5t ,! ,securities ,ex*ange ,act (  

#aicd is fur!r am5d$ by /rik+ section   
#ad;,b4  7c7 ,effective date ,! am5dm5ts
 made by ?is section %all apply beg9n+  
on ! date t is #b ye>s aft] ! date ( !  
enactm5t ( ?is ,act4  #ejc4 ,ext5sion ( 
c]ta9 requirem5ts = directors & (fic]s  
7a7 ,9 g5]al ,section #af ( !           
,securities ,ex*ange ,act ( #aicd 7#ae  
,u4,s4,c4 #ghp7 is am5d$ by add+ at !   
end ! foll[+3  7h7 ,p]sons ceas+ ,to be 
directors or (fic]s  7#a7 ,cont9u$      
applicability ( requirem5ts ,dur+ !     
p]iod beg9n+ on ! date on :i* a p]son   
ceases to be a director or (fic]        
describ$ 9 subsection 7a77#a7 ) respect 
to an issu] & end+ on ! date t is #a ye>
 !reaft]1 su* p]son %all cont9ue to be  
subject to ?is section 7except z provid$
 9 p>agraph 7#b77 9 ! same mann] & to ! 
same ext5t z if su* p]son _h n s ceas$4 
7#b7 ,prohibition on sell+ m ?an #be    
p]c5t ( /ock ( issu] ,if a p]son ceases 
to be a director or (fic] describ$ 9    
subsection 7a77#a7 ) respect to an      
issu]1 su* p]son may n1 dur+ ! p]iod t  

beg9s on ! fir/ day ( ! la/ full fiscal 
qu>t] ( ! issu] 9 :i* su* p]son is su* a
 director or (fic] & ends on ! date t is
 #a ye> aft] ! date on :i* su* p]son s  
ceases1 sell m ?an #be p]c5t ( ! equity 
securities ( su* issu] 7o!r ?an an      
exempt$ security7 t su* p]son owns on ! 
fir/ day ( su* p]iod4  4  7b7 ,con=m+   
am5dm5t ,section #af7;d7 ( ! ,securities
 ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4   
#ghp7d77 is am5d$ by /rik+ subsection   
7c7 & ins]t+ subsections 7c7 & 7h77#b74 
7c7 ,effective date ,! am5dm5ts made by 
?is section %all apply to a p]son :o    
ceases to be a director or (fic]        
describ$ 9 section #af7;a77#a7 ( !      
,securities ,ex*ange ,act ( #aicd aft] !
 date t is #a ye> aft] ! date ( !       
enactm5t ( ?is ,act4  ,,vi ,prev5tion ( 
,taxpay] ,doll>s ,be+ ,us$ = ,labor     
,bu/+  #fja4 ,limitation on !           
all[ability ( co/s  7a7 ,am5dm5t ,*apt] 
#dc ( division ,c ( subtitle ,i ( title 
#da1 ,unit$ ,/ates ,code1 is am5d$ by   
add+ at ! end ! foll[+ new section3     

#dcaa4 ,limitation on ! all[ability (   
co/s  7a7 ,9 g5]al ,co/s incurr$ by a   
contractor relat+ to any cov]$ activity 
are n all[able z reimbursable co/s "u a 
contract ent]$ into by an executive     
ag5cy4 ,su* unall[able co/s %all be     
exclud$ f any bill+1 claim1 proposal1 or
 disbursem5t applicable to any su*      
contract4  7b7 ,cov]$ activities ,=     
purposes ( subsection 7a71 a cov]$      
activity1 ) respect to a contract ent]$ 
into by an executive ag5cy1 includes any
 activity und]tak5 to p]suade employees 
( ! contractor to ex]cise or n to       
ex]cise1 or conc]n+ ! mann] ( ex]cis+1  
rights to organize & b>ga9 collectively 
?r\gh repres5tatives ( ! employees' own 
*oos+1 & includes ! foll[+3  7#a7       
,prep>+ & di/ribut+ mat]ials4  7#b7     
,hir+ or consult+ legal c\nsel or       
consultants4  7#c7 ,hold+ meet+s        
7includ+ pay+ ! sal>ies ( ! att5dees at 
meet+s held = ?is purpose74  7#d7       
,plann+ or conduct+ activities by       
manag]s1 sup]visors1 or union           

repres5tatives dur+ "w h\rs4  7c7       
,exception ,! co/s describ$ 9 subsection
 7a7 d n include co/s ( ma9ta9+         
satisfactory relations betwe5 !         
contractor & its employees1 includ+ co/s
 ( labor-managem5t committees1 employee 
publications 7o!r ?an ^? und]tak5 to    
p]suade employees to ex]cise or n to    
ex]cise1 or conc]n+ ! mann] ( ex]cis+1 !
 "r to organize & b>ga9 collectively71 &
 o!r relat$ activities4  4  7b7         
,te*nical & con=m+ am5dm5t ,! table (   
sections at ! beg9n+ ( *apt] #dc (      
division ,c ( subtitle ,i ( title #da1  
,unit$ ,/ates ,code1 is am5d$ by add+   
aft] ! item relat+ to section #dcaj !   
foll[+ new item3  #dcaa4 ,limitation on 
! all[ability ( co/s4  4  7c7 ,exi/+    
,,f> application ,section #ca4bje-ba (  
title #dh1 ,code ( ,f$]al ,regulations  
7relat+ to labor relations co/s71 %all  
be consid]$ to implem5t ! provisions (  
section #dcaa ( title #da1 ,unit$ ,/ates
 ,code1 z add$ by subsection 7a71 & may 
be revis$ z necess>y4