Common use of Management and Operating Reports Clause in Contracts

Management and Operating Reports. Upon the request of either TMC or WD, the Y6 Operating Committee shall provide TMC and WD with, simultaneously in Japanese and English, those management and operating reports identified on Schedule 11.1 and as mutually agreed upon from time to time by the Parent Parties. Upon reasonable request from WD, TMC employees shall explain such reports to employees of WD and its Subsidiaries and respond to questions from employees of WD and its Subsidiaries; provided, however, that WD acknowledges and agrees that TMC will not be responsible for WD’s or any of its Subsidiaries’ failure to understand any such reports.