Common use of Rights of the Director Clause in Contracts

Rights of the Director. a) the right to ask the Company's directors for information about the business of the Company, having access to all documents concerning the Company's operations, under the terms of the law; b) the right to receive the monthly the fixed monthly allowance set out in Article 4.1 of this Contract; c) the right to be reimbursed all expenses related to the exercise of the office, based on the supporting documents and under the terms of the law (including, but not limited to travel by business class, accommodation, transfer, telephone, per diem, business entertainment meals). The rates for settlement of the transport, accommodation and per diem expenses shall be those set for the General Director(s). d) the right to use inventory items/plant, property and equipment, as needed to carry out the activity, such as, but not limited to mobile phone, notebook and car, and to have an office space suitable for the exercise of their duties, even when not sitting in the board meetings; e) the right to receive the court expenses (stamp duties, attorney fees, cost of expert reports and/or of experts in the proceedings) so as to allow then to defend themselves against a claim of a third party raised against the Director in connection with performance of their duties under this Contract, the Articles of Incorporation, the Legal Framework, and Organization and Functioning Regulation of the Board of Directors to the extent that these are not already covered by the insurance policy concluded for directors and officers, as then in force; f) the right to be paid and withheld any taxes owed by the Director in connection with the remuneration and benefits under this Contract by the Company, for and on behalf of the Director; g) the right to withdraw from the office of Director, subject to giving written notice to the Company least 15 (fifteen) business days before such withdrawal; subject to the agreement of the Company under a BoD decision, this term of notice may be shorter; h) the right to be insured against professional civil liability (insurance for liability of Directors and Officers) for their work in the Board of Directors, at the insured amount set out under the Articles of Incorporation or by Resolution of the General Meeting of Shareholders, with payment of the insurance premium by Society; payment of the premiums under this insurance shall be made by the Company and shall not be retained from the remuneration due to the director; i) the right to be annually discharged of management (after approval of the audited annual financial statements based on the directors' report); j) the right to ask the Company, together with the other directors, to contract specialized assistance for substantiation of the decisions made in the board (including, but not limited to audits, anti-fraud investigations, market analyses and others); k) the right to benefit from the same package of medical services and/or medical insurance as contracted by the company for Executives.

Rights of the Director. a) the right to ask the Company's directors for information about the business of the Company, having access to all documents concerning the Company's operations, under the terms of the law; b) the right to receive the monthly the fixed monthly allowance set out in Article 4.1 of this Contract; c) the right to be reimbursed all expenses related to the exercise of the office, based on the supporting documents and under the terms of the law and of the Company’s internal procedures (including, but not limited to travel by business class, accommodation, transfer, telephone, per diem, business entertainment meals). The rates for settlement of the transport, accommodation and per diem expenses shall be those set for the General Director(s)Director. d) the right to use Company’s inventory items/plant, property and equipment, as needed to carry out the activity, such as, but not limited to mobile phone, notebook and car, and to have an office space suitable for the exercise of their duties, even when not sitting in the board meetings; e) the right to receive the reasonable court expenses (stamp duties, attorney fees, cost of expert reports and/or of experts in the proceedings) so as to allow then to defend themselves against a claim of a third party raised against the Director in connection with performance of their duties under this Contract, the Articles of Incorporation, the Legal Framework, and Organization and Functioning Regulation of the Board of Directors to the extent that these are not already covered by the civil liability insurance policy concluded for of the directors and officersexecutive directors (od the D&O type), as then in forceforce within reasonable limits, in compliance with the provisions of the Company’s internal procedures; f) the The right to be paid and withheld any taxes owed by the Director in connection with the remuneration and benefits under this Contract by the Company, for and on behalf of the Director; g) the right to withdraw from the office of Director, subject to giving written notice to the Company least 15 60 (fifteensixty) business days before such withdrawal; subject to the agreement of the Company under a BoD decisionexpressed by the General Meeting of Shareholders, this term of notice may be shorter; h) the right to be insured against professional civil liability of directors and executive directors (insurance for liability of Directors and OfficersD&O type insurance) for their work in the Board of Directors, at the insured amount set out under the Articles of Incorporation or by Resolution of the General Meeting of Shareholders, with payment of the insurance premium by Society; payment of the premiums under this insurance shall be made by the Company and shall not be retained from the remuneration due to the director; ; i) the right to be annually discharged of management (after approval of the audited annual financial statements based on the directors' report); j) the right to ask the Company, together with the other directors, to contract specialized assistance for substantiation of the decisions made in the board (including, but not limited to audits, anti-fraud investigations, market analyses and others); k) the right to benefit from the same package of medical services and/or medical insurance as contracted by the company for Executives.

Rights of the Director. a) the right to ask the Company's directors for information about the business of the Company, having access to all documents concerning the Company's operations, under the terms of the law; b) the right to receive the monthly the fixed monthly allowance set out in Article 4.1 of this Contract; c) the right to be reimbursed all expenses related to the exercise of the office, based on the supporting documents and under the terms of the law and of the Company’s internal procedures (including, but not limited to travel by business class, accommodation, transfer, telephone, per diem, business entertainment meals). The rates for settlement of the transport, accommodation and per diem expenses shall be those set for the General Director(s)Director. d) the right to use Company’s inventory items/plant, property and equipment, as needed to carry out the activity, such as, but not limited to mobile phone, notebook and car, and to have an office space suitable for the exercise of their duties, even when not sitting in the board meetings; e) the right to receive the reasonable court expenses (stamp duties, attorney fees, cost of expert reports and/or of experts in the proceedings) so as to allow then to defend themselves against a claim of a third party raised against the Director in connection with performance of their duties under this Contract, the Articles of Incorporation, the Legal Framework, and Organization and Functioning Regulation of the Board of Directors to the extent that these are not already covered by the civil liability insurance policy concluded for of the directors and officersexecutive directors (od the D&O type), as then in forceforce within reasonable limits, in compliance with the provisions of the Company’s internal procedures; f) the The right to be paid and withheld any taxes owed by the Director in connection with the remuneration and benefits under this Contract by the Company, for and on behalf of the Director; g) the right to withdraw from the office of Director, subject to giving written notice to the Company least 15 60 (fifteensixty) business days before such withdrawal; subject to the agreement of the Company under a BoD decisionexpressed by the General Meeting of Shareholders, this term of notice may be shorter; h) the right to be insured against professional civil liability of directors and executive directors (insurance for liability of Directors and OfficersD&O type insurance) for their work in the Board of Directors, at the insured amount set out under the Articles of Incorporation or by Resolution of the General Meeting of Shareholders, with payment of the insurance premium by Society; payment of the premiums under this insurance shall be made by the Company and shall not be retained from the remuneration due to the director; i) the right to be annually discharged of management (after approval of the audited annual financial statements based on the directors' report); j) the right to ask the Company, together with the other directors, to contract specialized assistance for substantiation of the decisions made in the board (including, but not limited to audits, anti-fraud investigations, market analyses and others); k) the right to benefit from the same package of medical services and/or medical insurance as contracted by the company for Executives.