Common use of Press Releases and Similar Information Clause in Contracts

Press Releases and Similar Information. Lone Pine and Forest shall consult with each other as to the timing of their annual and quarterly earnings releases and any interim financial guidance for a current or future period and shall give each other the opportunity to review the information therein relating to the Lone Pine Group and to comment thereon. Forest and Lone Pine shall make reasonable efforts to issue their respective annual and quarterly earnings releases at approximately the same time on the same date. No later than eight hours prior to the time and date (or, if the same will be published before noon, no later than 5:00 p.m. New York, New York time on the previous Business Day) at which a party intends to publish its regular annual or quarterly earnings release or any financial guidance for a current or future period, such party shall deliver to the other party copies of substantially final drafts of all press releases and other statements to be made available by such party to employees of any party or to the public concerning any matters that could be reasonably likely to have a material financial impact on the earnings, results of operations, financial condition, or prospects of any Lone Pine Group member. In addition, prior to the issuance of any such press release or public statement that meets the criteria set forth in the preceding three sentences, the issuing party shall consult with the other party regarding any changes (other than typographical or other similar minor changes) to such substantially final drafts. Immediately following the issuance thereof, the issuing party shall deliver to the other party copies of final drafts of all press releases and other public statements.

Press Releases and Similar Information. Lone Pine Vontier and Forest shall Fortive will consult with each other as to the timing of their annual and quarterly earnings releases and any interim financial guidance for a current or future period and shall will give each other the opportunity to review the information therein relating to the Lone Pine Vontier Group and to comment thereon. Forest Fortive and Lone Pine Vontier shall make reasonable efforts to issue coordinate the timing of (i) their respective annual earnings release conference calls and quarterly (ii) their respective public earnings releases at approximately release issuance and filings with the same time on the same dateCommission, in each case as directed by Fortive. No later than eight hours one (1) Business Day prior to the time and date (or, if the same will be published before noon, no later than 5:00 p.m. New York, New York time on the previous Business Day) at which that a party Party intends to publish its regular annual or quarterly earnings release or any financial guidance for a current or future period, such party shall Party will deliver to the other party Party copies of substantially final drafts of all related press releases and other statements to be made available by such party any member of that Party’s Group to employees of any party member of that Party’s Group or to the public concerning any matters that could be reasonably likely to have a material financial impact on the earnings, results of operations, financial condition, condition or prospects of any Lone Pine Group membermember of the Vontier Group. In addition, prior to the issuance of any such press release or public statement that meets the criteria set forth in the preceding three sentencessentence, the issuing party shall Party will consult with the other party Party regarding any changes (other than typographical or other similar minor changes) to such substantially final drafts. Immediately following the issuance thereof, the issuing party shall Party will deliver to the other party Party copies of final drafts of all press releases and other public statements. Vontier shall obtain the written consent of Fortive prior to issuing any press releases or otherwise making public statements with respect to the Transactions or any of the other transactions contemplated hereby and prior to making any filings with any Governmental Entity with respect thereto.