Common use of Audits by Sponsor Clause in Contracts

Audits by Sponsor. During the term of this Agreement, Worldwide will permit representatives of Sponsor who are not competitors of Worldwide to examine, [***], subject to at least [***] prior written notice to Worldwide (except in the case of “for cause” audits where Sponsor will provide [***] prior written notice to Worldwide), and [***]: (i) the facilities where the Services are being, will be or have been conducted; (ii) related Study documentation; and (iii) any other relevant information necessary for Sponsor to confirm that the Services are being or will be or have been conducted in conformance with applicable standard operating procedures, this Agreement and in compliance with Applicable Laws and regulations, including related financial information relating to Worldwide service fees, Pass-through Expenses and grant payments to Investigators. Worldwide will provide copies of any materials reasonably requested by Sponsor during such inspection.

Audits by Sponsor. During the term of this Agreement, Worldwide will permit representatives of Sponsor who are not competitors of Worldwide to examine, [***]at reasonable times during normal business hours, subject to at least [***] ten (10) business days prior written notice to Worldwide (except in the case of “for cause” audits where Sponsor will provide [***] three (3) business days prior written notice to Worldwide), and [***]at Sponsor’s sole cost and expense: (i) the facilities where the Services are being, will be or have been conducted; (ii) related Study documentation; and (iii) any other relevant information necessary for Sponsor to confirm that the Services are being or will be or have been conducted in conformance with applicable standard operating procedures, this Agreement and in compliance with Applicable Laws and regulations, including related financial information relating to Worldwide service fees, Pass-through Expenses and grant payments to Investigators. Worldwide will provide copies of any materials reasonably requested by Sponsor during such inspection.