Common use of Operating Review Process Clause in Contracts

Operating Review Process. Envista shall conduct its strategic and operational review process on a schedule that is consistent with that of ▇▇▇▇▇▇▇’▇. As a supplement to the information furnished by Envista to ▇▇▇▇▇▇▇ pursuant to Section 7.1, Envista shall allow ▇▇▇▇▇▇▇ to conduct its strategic and operational reviews of Envista through participation in meetings or other activities of the Envista Board by the ▇▇▇▇▇▇▇ Designees or otherwise as requested by ▇▇▇▇▇▇▇ outside of such meetings or other activities of the Envista Board. To facilitate ▇▇▇▇▇▇▇’▇ participation in the process in this manner, Envista shall hold all of its regularly scheduled board meetings at which its strategic and operational reviews are discussed within a time frame consistent with ▇▇▇▇▇▇▇’▇ strategic and operational review process. Envista shall also allow ▇▇▇▇▇▇▇ to conduct all other reviews of Envista’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 Envista Board by the ▇▇▇▇▇▇▇ Designees or otherwise as requested by ▇▇▇▇▇▇▇ outside of such meetings or other activities of the Envista Board. In connection with strategic, operational or other reviews, relevant Danaher personnel other than the ▇▇▇▇▇▇▇ Designees may participate at ▇▇▇▇▇▇▇’▇ invitation. ▇▇▇▇▇▇▇ will notify Envista in advance of any such additional attendees.

Appears in 2 contracts

Sources: Separation Agreement (Envista Holdings Corp), Separation Agreement (Envista Holdings Corp)