FORM 20-F - Check Point

PART II
ITEM 13. DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIES
There are no defaults, dividend arrearages, or delinquencies that are required to be disclosed.
ITEM 14. MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF
PROCEEDS
There are no material modifications to, or qualifications of, the rights of security holders that are required
to be disclosed.
ITEM 15. CONTROLS AND PROCEDURES
Disclosure Controls and Procedures
As of December 31, 2009, we performed an evaluation under the supervision and with the participation of
our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the
design and operation of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under
the Securities Exchange Act of 1934, as amended (the “Exchange Act”)). Our management recognizes that any
controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of
achieving their objectives and our management necessarily applies its judgment in evaluating the cost-benefit
relationship of possible controls and procedures. Based on this evaluation, our Chief Executive Officer and Chief
Financial Officer concluded that our disclosure controls and procedures are effective as of December 31, 2009, to
provide reasonable assurance that the information required to be disclosed in filings and submissions under the
Exchange Act, is recorded, processed, summarized and reported within the time periods specified by the Securities
and Exchange Commission’s rules and forms, and that such information related to us and our consolidated
subsidiaries is accumulated and communicated to management, including the Chief Executive Officer and Chief
Financial Officer, as appropriate to allow timely decisions about required disclosure.
Management’s Annual Report on Internal Control over Financial Reporting and Attestation Report of
Registered Public Accounting Firm
Our management report on our internal control over financial reporting (as such defined in Rules 13a-15(f)
and 15d-15(f) under the Exchange Act), and the related attestation report of our independent public accounting
firm, are included in pages F-2 and F-4 to F-5 of our audited consolidated financial statements set forth in “Item 18
– Financial Statements,” and are incorporated herein by reference.
Changes in Internal Control over Financial Reporting
During the period covered by this Annual Report on Form 20-F, no changes in our internal control over
financial reporting have occurred that materially affected, or are reasonably likely to materially affect, our internal
control over financial reporting.
ITEM 16. Reserved.
ITEM 16A. AUDIT COMMITTEE FINANCIAL EXPERT
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