Supervisory Board information Sample Clauses

Supervisory Board information. Royal Philips Nominees shall be allowed, to the extent reasonably needed to form a reasoned opinion on the matters submitted to the Supervisory Board, to share information of a confidential nature regarding Philips Lighting that comes to their knowledge in their capacity as Supervisory Board member with the board of management of Royal Philips, the supervisory board of Royal Philips and the staff departments of Royal Philips, provided that Paragraph 2 of Schedule 7 (Information exchange) shall apply mutatis mutandis to such sharing of information.
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