Allocation; Records. Chesapeake Management will maintain auditable records of the direct and indirect costs of the Seconded Employee Expenses that reflect the General Partner Employee Services, the Services Reimbursement and the Shared Services Reduction Amount. The General Partner and its representatives will have the right from time to time, during regular business hours and on reasonable prior notice, to audit such records and such other records as the General Partner may reasonably require in connection with its verification of the Seconded Employee Expenses, the Services Reimbursement and the Shared Services Reduction Amount during regular business hours and on reasonable prior notice. Based on these records, the General Partner may request adjustments under Section 4.2 above. Upon request, the General Partner will provide to Chesapeake Management such information that is within the General Partner’s control as is necessary to allow Chesapeake Management to keep and maintain books/records reflecting hours worked and costs and expenses incurred in connection with each of the Seconded Employees, including for Shared Services. Chesapeake Management will have the right from time to time upon its reasonable request to audit such information and books/records maintained by the General Partner during regular business hours and on reasonable prior notice.
Appears in 5 contracts
Samples: Employee Secondment Agreement, Employee Secondment Agreement, Employee Secondment Agreement (Chesapeake Midstream Partners, L.P.)
