Common use of Directors’ Access Clause in Contracts

Directors’ Access. Each Director shall be entitled to examine the books and accounts of the Company and take copies thereof and shall have free access, at all Confidential Final Draft - October 7, 2002 reasonable times and with prior written notice, to any and all properties and facilities of the Company or any Subsidiary. The Company shall provide such information relating to the business affairs and financial position of the Company as any Director may require and a Director shall be entitled to discuss Company matters with employees of the Company through and with the management of the Company and the Company shall facilitate such discussion. Unless prohibited by a contractual or other legal requirement applicable to the Company, any Director may provide any information he holds in relation to the Company (along with any related complications, analyses or other information based on such data, the "Director Data") to the Shareholder that designated that Director under Section 7.3 provided that a Shareholder receiving such information from a Director shall observe its obligations under Section 9.3 in relation to such information and shall observe all of its obligations in respect of such information under U.S. Requirements of Law including, without limitation, compliance with Rule 10b-5 and all other Requirements of Law relating to insider trading. Each Shareholder acknowledges that the Company has i▇▇▇▇▇▇▇▇▇▇ ▇▇▇ written policies in relation to securities trading in listed securities of the Company that the Board of Directors has deemed appropriate for the Company to comply with its obligations under Requirements of Law in relation to insider trading and the prevention of the misuse of material non-publ▇▇ ▇▇▇▇▇▇▇▇▇▇▇ regarding the Company.

Appears in 1 contract

Sources: Investor Rights Agreement (Satyam Infoway LTD)

Directors’ Access. Each Director shall be entitled to examine the books and accounts of the Company and take copies thereof and shall have free access, at all Confidential Final Draft - October 7, 2002 reasonable times and with prior written notice, to any and all properties and facilities of the Company or any Subsidiary. The Company shall provide such information relating to the business affairs and financial position of the Company as any Director may require and a Director shall be entitled to discuss Company matters with employees of the Company through and with the management of the Company and the Company shall facilitate such discussion. Unless prohibited by a contractual or other legal requirement applicable to the Company, any Director may provide any information he holds in relation to the Company (along with any related complicationscompliations, analyses or other information based on such data, the "Director DataDIRECTOR DATA") to the Shareholder that designated that Director under Section 7.3 provided PROVIDED that a Shareholder receiving such information from a Director shall observe its obligations under Section 9.3 in relation to such information and shall observe all of its obligations in respect of such information under U.S. Requirements of Law including, without limitation, compliance with Rule 10b-5 and all other Requirements of Law relating to insider trading. Each Shareholder acknowledges that the Company has i▇▇▇impl▇▇▇▇▇▇▇ ▇▇▇ written ▇▇▇tten policies in relation to securities trading in listed securities of the Company that the Board of Directors has deemed appropriate for the Company to comply with its obligations under Requirements of Law in relation to insider trading and the prevention of the misuse of material non-publ▇▇ public ▇▇▇▇▇▇▇▇▇▇▇ regarding ▇▇▇arding the Company.

Appears in 1 contract

Sources: Investor Rights Agreement (Sify LTD)

Directors’ Access. Each Director shall be entitled to examine the books and accounts of the Company and take copies thereof and shall have free access, at all Confidential Final Draft - October 7, 2002 reasonable times and with prior written notice, to any and all properties and facilities of the Company or any Subsidiary. The Company shall provide such information relating to the business affairs and financial position of the Company as any Director may require and a Director shall be entitled to discuss Company matters with employees of the Company through and with the management of the Company and the Company shall facilitate such discussion. Unless prohibited by a contractual or other legal requirement applicable to the Company, any Director may provide any information he holds in relation to the Company (along with any related complicationscompliations, analyses or other information based on such data, the "Director DataDIRECTOR DATA") to the Shareholder that designated that Director under Section 7.3 provided PROVIDED that a Shareholder receiving such information from a Director shall observe its obligations under Section 9.3 in relation to such information and shall observe all of its obligations in respect of such information under U.S. Requirements of Law including, without limitation, compliance with Rule 10b-5 and all other Requirements of Law relating to insider trading. Each Shareholder acknowledges that the Company has i▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇. Each Shareholder acknowledges that the Company has implemented the written policies in relation to securities trading in listed securities of the Company that the Board of Directors has deemed appropriate for the Company to comply with its obligations under Requirements of Law in relation to insider trading ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and the prevention of the misuse of material non-publ▇▇ ▇▇▇▇▇▇▇▇▇▇▇ public information regarding the Company.

Appears in 1 contract

Sources: Investor Rights Agreement (Satyam Infoway LTD)