Ethical screen Sample Clauses

Ethical screen. Despite clause 32.1(b), if at any time a Covered Person: (a) has appointed a Director or is entitled to receive information under clause 30.2 or 30.4 or under clause 31.3(b), and (b) has appointed a director to the board of a Competitor or is entitled to receive similar confidential information in relation to that Competitor as provided under clause 30.2 or 30.4 or under clause 31.3(b), the Covered Person’s Shareholder must: (i) ensure that no person appointed as a Director is also appointed as a director of the Competitor; (ii) ensure that the principal members of the deal teams managing the investments of such Covered Person in the Company and any such Competitor are at all times different individuals; and (iii) implement an ethical screen to ensure that confidential information provided to it (or its director designees) about the Company not be disclosed to any such Competitor and, upon the request of the Company, certify to the Company that it has implemented, and is complying with, such an ethical screen.