Common use of Directors’ Access Clause in Contracts

Directors’ Access. (a) Each Director shall be entitled to examine the books, accounts and records of any Group Company and shall have free access, at all times, to any and all properties, facilities, personnel and advisors of any Group Company for the purpose of discharging his or her fiduciary duties. The Company shall provide such information relating to the business affairs and financial position of any Group Company as any Director may request for the purpose of discharging his or her fiduciary duties. Each Director shall have the right and obligation to report and disclose the operating condition of the Group and relevant information and documents to the Shareholder that designates such Director. (b) Each Investor Shareholder shall have the right to, either by itself or through its designated Investor director, offer suggestions and reasonable solutions to the management and operations of the Group as it deems necessary.