The Board of Directors of Strasbaugh has developed corporate governance practices to help it fulfill its responsibility to shareholders to oversee the work of management in the conduct of Strasbaugh's business and to seek to serve the long-term interests of shareholders.  The governance practices are memorialized in guidelines to assure that the Board will have the necessary authority and practices in place to review and evaluate Strasbaugh's business operations as needed and to make decisions that are independent of management.