Common use of Operational Reporting Clause in Contracts

Operational Reporting. (a) Until (and including) the date falling 100 days from the date of this Agreement, the Majority Investors and/or the Co-Investors shall, by telephone with the Group CEO and such other Senior Managers as the Majority Investors and/or Co-Investors may decide on three (3) Business Days’ notice, discuss key performance indicators for the Group, to be held at such time and on such date as may be reasonably requested by the requesting Investor. The Group CEO shall submit to the Investors a report of key performance indicators for the Group by no later than one (1) Business Day prior to the date of the call. (b) In any month where a meeting of the Board is not scheduled to take place in accordance with the provisions of Part 1 of Schedule 2 (Corporate Governance), the Majority Investors and/or the Co-Investors shall be permitted to convene a meeting with the Group CEO and such other Senior Managers as the Majority Investors and/or Co-Investors may decide on two (2) weeks’ written notice to discuss operational matters, to be held at such at such times and at such locations as may be reasonably requested by the requesting Investor.