Common use of Audit Rights with Respect to Information Provided Clause in Contracts

Audit Rights with Respect to Information Provided. (i) Each of Parent and Technologies, and their duly authorized representatives, shall have the right to conduct audits with respect to all information provided to it by the other party. The party conducting the audit (the "Auditing Party") shall have the sole discretion to determine the -------------- procedures and guidelines for conducting audits and the selection of audit representatives under this Section 8.6(a). The Auditing Party shall have the -------------- right to make copies of any records at its expense, subject to the confidentiality provisions set forth in the Separation and Distribution Agreement, which are incorporated by reference herein. The party being audited shall provide the Auditing Party's representatives with reasonable access during normal business hours to its operations, computer systems and paper and electronic files, and provide workspace to its representatives. After any audit is completed, the party being audited shall have the right to review a draft of the audit findings and to comment on those findings in writing within five business days after receiving such draft.

Appears in 2 contracts

Samples: Employee Benefits Agreement (FMC Technologies Inc), Employee Benefits Agreement (FMC Technologies Inc)

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Audit Rights with Respect to Information Provided. (ia) Each of Parent AT&T and TechnologiesWireless Services, and their duly authorized representatives, shall have the right to conduct audits with respect to all information provided to it by the other party. The party conducting the audit (the "Auditing Party") shall have the sole discretion to determine the -------------- procedures and guidelines for conducting audits and the selection of audit representatives under this Section 8.6(a6.4(a). The Auditing Party shall have the -------------- right to make copies of any records at its expense, subject to the confidentiality provisions set forth in the Separation and Distribution Agreement, which are incorporated by reference herein. The party being audited shall provide the Auditing Party's representatives with reasonable access during normal business hours to its operations, computer systems and paper and electronic files, and provide workspace to its representatives. After any audit is completed, the party being audited shall have the right to review a draft of the audit findings and to comment on those findings in writing within five business days after receiving such draft.

Appears in 2 contracts

Samples: Employee Benefits Agreement (At&t Wireless Services Inc), Employee Benefits Agreement (At&t Wireless Services Inc)

Audit Rights with Respect to Information Provided. (i1) Each of Parent Astronics and TechnologiesMOD-PAC, and their duly authorized representatives, shall have the right to conduct audits with respect to all information provided to it by the other party. The party conducting the audit (the "Auditing Party") shall have the sole discretion to determine the -------------- procedures and guidelines for conducting audits and the selection of audit representatives under this Section 8.6(a6.5(a). The Auditing Party shall have the -------------- right to make copies of any records at its expense, subject to the confidentiality provisions set forth in the Separation and Distribution Agreement, which are incorporated by reference herein. The party being audited shall provide the Auditing Party's representatives with reasonable access during normal business hours to its operations, computer systems and paper and electronic files, and provide workspace to its representatives. After any audit is completed, the party being audited shall have the right to review a draft of the audit findings and to comment on those findings in writing within five ten business days after receiving such draft.

Appears in 1 contract

Samples: Employee Benefits Agreement (Mod Pac Corp)

Audit Rights with Respect to Information Provided. (i) Each of Parent Pennzoil and TechnologiesDownstream, and their duly authorized representatives, shall have the right to conduct audits at any time upon reasonable prior notice, at their own expense, with respect to all information provided to it or to any Plan record keeper or third party administrator by the other party, provided, that audits with respect to the allocation or transfer of Plan assets and liabilities shall be subject only to Section 9.4(a). The auditing party conducting the audit (the "Auditing Party") shall have the sole discretion to determine the -------------- procedures and guidelines for conducting audits and the selection of audit representatives under this Section 8.6(a). The Auditing Party shall have the -------------- right to make copies of any records at its expense, subject to the confidentiality provisions set forth in the Separation and Distribution Agreement, which are incorporated by reference herein. The party being audited shall provide the Auditing Partyauditing party's representatives with reasonable access during normal business hours to its operations, computer systems and paper and electronic files, and provide workspace work space to its representatives. After any audit is completed, the party being audited shall have the right to review a draft of the audit findings and to comment on those findings in writing within five business days after receiving such draft.

Appears in 1 contract

Samples: Employee Benefits Agreement (Pennzoil Products Co)

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Audit Rights with Respect to Information Provided. (i) Each of Parent GCG and TechnologiesGenTek, and its their duly authorized representatives, shall have the right to conduct audits at any time upon reasonable prior notice, at its own expense, with respect to all information provided to it or to any Plan record keeper or third-party administrator by the other party; provided, that audits with respect to the allocation or transfer of Plan assets and liabilities shall be subject only to Section 8.3(a). The auditing party conducting the audit (the "Auditing Party") shall have the sole discretion to determine the -------------- procedures and guidelines for conducting audits and the selection of audit representatives under this Section 8.6(a). The Auditing Party shall have the -------------- right to make copies of any records at its expense, subject to the confidentiality provisions set forth in the Separation and Distribution Agreement, which are incorporated by reference herein. The party being audited shall provide the Auditing Partyauditing party's representatives with reasonable access during normal business hours to its operations, computer systems and paper and electronic files, and provide workspace work space to its representatives. After any audit is completed, the party being audited shall have the right to review a draft of the audit findings and to comment on those findings in writing within five business days after receiving such draft.

Appears in 1 contract

Samples: Employee Benefits Agreement (Gentek Inc)

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