First Data 2010 Annual Report Download - page 137

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Table of Contents
discussed in each of the directors' individual biographies set forth above. In particular, with regard to Mr. Judge, the Board considered his strong background
in the technology sector and significant expertise and background as president and chief executive officer of both private and publicly traded companies. With
regard to Mr. Fisher, the Board considered his strong finance background. With regard to Mr. Forehand, the Board considered his many years experience at a
publicly held consulting and technology services company, including service as chairman of the board. With regard to Mr. Kravis, the Board considered his
significant experience and expertise in private equity investments. With regard to Mr. Nuttall, the Board considered his broad perspective brought by
Mr. Nuttall's involvement in KKR's diverse investments and his extensive knowledge of the business and capital structure of the Company through his
involvement since the 2007 merger. With regard to Mr. Olson, the Board considered his expertise in the financial services industry and his extensive
knowledge of the business and capital structure of the Company through his involvement since the 2007 merger.
Code of Ethics for Senior Financial Officers
The Company has adopted a Code of Ethics for Senior Financial Officers which applies to its Chief Executive Officer, Chief Financial Officer, and
Principal Accounting Officer. The Code is available on the Company's web site at www.firstdata.com under "About First Data", "Investor Relations",
"Corporate Governance".
Audit Committee Financial Expert and Recommendation of Directors
The Company's Audit Committee consists of Messrs. Fisher, Nuttall and Olson. The Board of Directors has determined that Mr. Fisher is an audit
committee financial expert as defined by regulations of the Securities and Exchange Commission. Mr. Fisher is not independent due to his affiliation with
various KKR related entities. The Company does not have procedures by which security holders may recommend nominees to its board of directors.
136