Common use of Information duties Clause in Contracts

Information duties. (a) For so long as Cellectis and its Affiliates Beneficially Own, in the aggregate, a number of Company Shares equal to at least 15% of the then outstanding Company Shares, the Company agrees that (i) the Directors designated by Cellectis may share confidential, non-public information about the Company with Cellectis and its Affiliates and (ii) Cellectis and its employees and other representatives and potential transferees of its Company Shares and their representatives shall have the right to consult with and advise senior management of the Company and to review the Company’s books and records upon reasonable advance notice, in each case only to the extent reasonably necessary in connection with their investment in the Company, including any potential sales thereof, provided that such parties, potential transferees and their respective representatives agree to keep any such confidential, non-public information about the Company confidential (except as may be required by law or applicable listing standards then in effect) and agree to comply with all applicable securities laws in connection therewith.

Information duties. (a) For so long as Cellectis and its Affiliates the AIP Parties Beneficially Own, Own in the aggregate, aggregate a number of Company Shares equal to at least 15% of the then outstanding Company Shares, the Company agrees and the Shareholders agree that (i) the Directors designated by Cellectis the AIP Parties may share confidential, non-public information about the Company with Cellectis the AIP Parties and its their respective Affiliates and (ii) Cellectis the AIP Parties and its their employees and other representatives and potential transferees of its their Company Shares and their representatives shall have the right to consult with and advise senior management of the Company and to review the Company’s books and records upon reasonable advance notice, in each case only to the extent reasonably necessary in connection with their investment in the Company, including any potential sales thereof, provided that such partiesParties, potential transferees and their respective representatives agree to keep any such confidential, non-public information about the Company confidential (except as may be required by law or applicable listing standards then in effect) and agree to comply with all applicable securities laws in connection therewith.