The Compensation and Benefits Committee reviews and approves the compensation of the senior management of the Company and its subsidiaries. The Compensation and Benefits Committee also administers the 2009 Stock Incentive Plan and the Committee or the board authorizes grants and awards under the 2009 Stock Incentive Plan and the Long-Term Incentive Program, to eligible individuals. The Compensation and Benefits Committee or the board determines the terms of each stock option grant, restricted stock grant or other award at the time of the grant. The Compensation and Benefits Committee also has the power to accelerate the vesting of any grant or extend the term thereof.