Approval of Business Plan. The Company, the Founder and the Investor shall use their reasonable best efforts to cause each quarterly or annual budget, business plan or operating plan (including any capital expenditure budget, operating budget and financing plan) to be approved before the beginning of each quarter or year, as the case may be.
Approval of Business Plan. 3.1 No later than three months from the date of the Commencement Date and no later than four (4) months prior to the commencement of each subsequent financial year the Company shall submit a draft Business Plan to the Council for its written approval detailing how the Company it intends to pursue and perform its Undertaking in order to meet the obligations imposed on the Company under clause 4.1 hereof.
Approval of Business Plan. The Stockholders hereby agree on the initial business plan (the "Business Plan") of the Company and its Subsidiaries, covering the period from the date of this Agreement until December 31, 2001. The Stockholders agree that the Business Plan shall not be amended or modified except with 2/3 approval of the members of the Board.
Approval of Business Plan. (a) Vendor shall provide to Company for Approval a business plan for the sale and distribution of Licensed Products in one or more countries aligned to the applicable Continental Strategy Outline (each a “Business Plan”). Each Business Plan shall include the following elements over a three-year period: · Country strategy (including which countries to enter and when) · Distribution strategy (including which distributor(s) and a profile of each) · Retailer strategy (including which retailer(s) and number/type of doors) · Projected and Minimum Net Sales · Marketing and promotional strategy · Product strategy (including Clearance Measures taken and recommended trademark applications to be filed, if any, for New Marks and/or Company Marks, taking into account any trademark information provided by Company pursuant to Section 5.1) · Staffing and training strategy (organization plan to execute country strategy including minimum team size and store staffing plan) · Launch strategy (including calendar of events) · Brand assets required to market the assortment locally
Approval of Business Plan. The Investor shall have approved the Final Approved Business Plan in accordance with Section 6.09
Approval of Business Plan. The Company, each Founder Holdco, each Founder, each Series A Investor, each Series B Investor, each Series B-1 Investor, each Series C Investor, each Series D Investor and each the Series D-1 Investor shall use their best efforts to cause each annual budget, business plan or operating plan (including any capital expenditure budget, operating budget and financing plan) to be approved before the beginning of each calendar year, as the case may be.
Approval of Business Plan. The Company shall conduct its business affairs at all times in accordance with the Business Plan in effect from time to time. Not less frequently than once a year, the Board of Directors shall review, amend and update the Business Plan to account for any acquisitions, dispositions or other Board of Directors-approved actions that were not contemplated by the Business Plan at the time of its adoption, and the adoption of each Business Plan shall require the approval of a majority of the Board of Directors.
Approval of Business Plan. Within the first three Months of each Company’s Fiscal Year, the Board shall analyze and approve a Business Plan and an Expenditure Budget applicable to such Fiscal Year and to the first three Months of the following Fiscal Year.
Approval of Business Plan. The Purchaser shall have approved pro formas (Exhibit A) provided by Prevail Online, Inc. and shall approve within six months from the date of this
Approval of Business Plan. The Company and the Investors shall use their reasonable best efforts to cause each quarterly or annual budget, business plan or operating plan (including any capital expenditure budget, operating budget and financing plan) to be approved before the beginning of each quarter or year, as the case may be.
