Accounting and Auditors. The annual accounting period of SEN shall end on December 31 of each year. Complete books of account and records shall be kept by SEN according to sound accounting practices. SEN shall have two (2) statutory auditors, one of which shall be nominated by SUMITOMO and one of which shall be nominated by EATON. The parties agree to vote their respective shareholdings in SEN for the statutory auditor nominated from time to time by the other party.
Appears in 2 contracts
Sources: Organization Agreement (Axcelis Technologies Inc), Organization Agreement (Axcelis Technologies Inc)