Expert audits Sample Clauses
The 'Expert audits' clause grants a party the right to have an independent expert review and assess certain records, processes, or compliance matters related to the agreement. Typically, this clause outlines the scope of what can be audited, the qualifications of the expert, and the procedures for conducting the audit, such as advance notice and confidentiality requirements. Its core practical function is to provide an objective mechanism for verifying compliance or accuracy, thereby reducing disputes and ensuring transparency between the parties.
Expert audits. Within the framework of the EWC's areas of competence, the employees' representatives may: - decide to have an expert's report on the consolidated accounts, carried out by an expert of their choice. A working group shall be formed to this purpose, in order to draft the terms of reference for such expert appraisal and submit its proposals; - come to an agreement with the Chairman on the undertaking of any other expert's report. - decide, on their own initiative and on a majority vote, to have an expert's report on questions which fall within the fields of consultation of the EWC. The terms and conditions for financing these reports are set out in Article 7-6.