Director Information. The Company shall furnish to each Director of the Board: (a) promptly after the delivery thereof, all management letters of accountants relating to the Company or any Group Company; (b) promptly upon any executive officer obtaining actual knowledge thereof and in any event promptly upon delivery or receipt by the Company or any Group Company of any notice relating thereto, written notification of: (i) the occurrence of any default or breach under any material agreement to which the Company or any Group Company is a party; and (ii) the commencement of any material legal or regulatory proceeding, action or investigation to which the Company or any Group Company is a party.
Appears in 4 contracts
Samples: Shareholder Agreement (Continental Minerals Corp), Shareholder Agreement (Continental Minerals Corp), Shareholders Agreement (China Nettv Holdings Inc)
