Dolby Investor Relations

Technology Strategy

(Adopted: December 6, 2010)

Purpose

The Technology Strategy Committee is one of several ad hoc committees of the Board of Directors of Dolby Laboratories, Inc. which are formed from time-to-time to explore issues of particular interest to the Board and management.  The principal purpose of the Technology Strategy Committee shall be to explore the opportunities and issues associated with Dolby’s technology strategies and with Dolby’s intellectual property.  The Technology Strategy Committee will not be a standing committee of the Board and the Board will determine annually the need to continue the Technology Strategy Committee.

Membership Requirements

The Technology Strategy Committee shall consist of no fewer than two members.  The members of the Committee and its Chairman shall be appointed by the Board, upon recommendation of the Nominating and Governance Committee.  Technology Strategy Committee members may be replaced by the Board.

Authority and Responsibilities
  • The Technology Strategy Committee shall have the authority to explore those particular technology opportunities and trends in the industry, including issues where management is seeking Board perspective and assistance, that the Board or the Chairman of the Technology Strategy Committee has determined should be examined.  The Committee will regularly report the results of such work to the Board for its consideration, including any recommendations to management that might emanate from the Committee’s work.

  • With agreement from the Chairman of the Technology Strategy Committee, the members of the Technology Strategy Committee may meet with management members and other Dolby employees in order to assist the committee and the Board in carrying out its duties.

  • The Technology Strategy Committee, through its Chairman, may request that Dolby officers and employees, who are not Technology Strategy Committee members, participate in the Technology Strategy Committee’s meetings.

  • The Technology Strategy Committee may request that Chairman of the Board retain consultants and advisors in relation to Dolby’s technology matters in support of the Committee’s activities and the Chairman of the Board will approve the retention terms and fees of such consultants and advisors.

  • Technology Strategy Committee members may attend technical or professional development courses as the Chairman of the Technology Strategy Committee deems necessary and appropriate.

  • The Technology Strategy Committee will set its own schedule of meetings, with the option of holding additional meetings at such times as it deems necessary.  The Technology Strategy Committee will maintain written minutes of its meetings, which minutes shall be filed with the minutes of the meetings of the Board.

  • Under the oversight of the Nominating and Governance Committee, members of the Technology Strategy Committee shall annually evaluate the performance of the Technology Strategy Committee.

Nicholas Donatiello Jr. Avadis Tevanian Jr. David Dolby
  • Member
  • Chair
  • Financial Expert
  • Independent Director