Common use of Discretion to Alter Notice or Approval Requirements Clause in Contracts

Discretion to Alter Notice or Approval Requirements. Anything foregoing to the contrary notwithstanding, the GSC, in its reasonable business discretion and consistent with its obligation to safeguard classified information and controlled unclassified information in the Corporation’s possession may, with the approval of DSS: a. designate specific categories of visit requests other than those enumerated above as “Routine Business Visits” not requiring the advance approval of the designated Outside Director; or b. determine that, due to extraordinary circumstances involving the security of classified information and/or controlled unclassified information, certain specific types of visits which that might otherwise be considered “Routine Business Visits” under the terms of the Agreement are to be allowed only if the approval of the designated Outside Director is obtained in advance.