Common use of Operating Review Process Clause in Contracts

Operating Review Process. Filtration shall conduct its strategic and operational review process on a schedule that is consistent with that of Cummins’. As a supplement to the information furnished by Filtration to Cummins pursuant to Section 7.1, Filtration shall allow Cummins to conduct its strategic and operational reviews of Filtration through participation in meetings or other activities of the Filtration Board by the Cummins Designees or otherwise as requested by Cummins outside of such meetings or other activities of the Filtration Board. To facilitate Cummins’ participation in the process in this manner, Filtration shall hold all of its regularly scheduled board meetings at which its strategic and operational reviews are discussed within a time frame consistent with Cummins’ strategic and operational review process. Filtration shall also allow Cummins to conduct all other reviews of Filtration’s operations, affairs, finances or results (other than those required to comply with applicable financial reporting requirements or its customary financial reporting practices) through participation in meetings or other activities of the Filtration Board by the Cummins Designees or otherwise as requested by Cummins outside of such meetings or other activities of the Filtration Board. In connection with strategic, operational or other reviews, relevant Cummins personnel other than the Cummins Designees may participate at Cummins’ invitation. Cummins shall notify Filtration in advance of any such additional attendees.