Audit Partner Rotation Policy
Effective: January 1, 2004
Evans & Sutherland requires its External Auditor to adhere to a rotation policy that is widely accepted and provides an appropriate balance between going concern considerations (effectiveness and efficiency, e.g. audit costs), risk management, independence and credibility. This necessitates a rotation of the lead audit partner, concurring review partner and, if applicable, "relationship" partner after a maximum period of five (5) years. Other audit partners who are members of the audit engagement team will rotate after a maximum period of seven (7) years. The starting measurement date for this rotation policy is April 2, 2004.
Evans & Sutherland's auditor rotation practices are carried out in compliance with the Securities and Exchange Commission's Sarbanes-Oxley Act of 2002 Title II rules.