Rayovac 2004 Annual Report Download - page 63

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specified audit, non-audit, tax and other services, provided that the fees incurred by KPMG LLP in connection
with any individual non-due diligence engagement do not exceed $100,000 in any 12-month period. The Audit
Committee must approve on an engagement by engagement basis any individual non-due diligence engagement
in excess of $100,000 in any 12-month period or any individual engagement to perform due diligence services
pertaining to potential business acquisitions/dispositions and other transactions and events in excess of
$1,000,000 in any 12-month period. The Audit Committee has delegated to its Chairman the authority to pre-
approve any other specific audit or specific non-audit service which was not previously pre-approved by the
Audit Committee, provided that any decision of the Chairman to pre-approve other audit or non-audit services
shall be presented to the Audit Committee at its next scheduled meeting. During fiscal 2004, the Audit
Committee pre-approved all other audit and non-audit services in accordance with the policy set forth above.
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