Common use of RECORDS, INFORMATION AND REPORTS Clause in Contracts

RECORDS, INFORMATION AND REPORTS. 4.1 The Responsible Party shall maintain clear, accurate and complete records in respect of the payments received under this Agreement. Upon completion of the Deliverable Implementation Period, or the termination of this Agreement, the Responsible Party shall maintain the records for a period of at least five (5) years thereafter. 4.2 The Responsible Party shall report on its progress toward the achievement of the Result(s) in accordance with the reporting schedule and format included in Annex D of this Agreement. Where completion of the target result, as defined in Annex B, is expected to take more than one year from the commencement of this Agreement, the Responsible Party shall provide to the Project Board progress reports (“Performance Reports”) with respect to the milestone results in accordance with the reporting schedule and format included in Annex D of this Agreement, and which shall be provided at least on an annual basis. 4.2 All correspondence regarding the implementation of this Agreement shall be addressed to the individuals indicated in Blocks 8 and 9 of the Face Sheet.