Common use of Budgets and Operating Plan Clause in Contracts

Budgets and Operating Plan. as soon as available and in any event at least 30 days before the beginning of each fiscal year of the Company, a strategic plan and monthly and quarterly operating budgets for the forthcoming fiscal year, and as soon as available and in any event within 30 days after the end of each calendar month, monthly comparisons against the business plan and monthly operating budgets (including a summary of proposed research and development activities, and the status and proposed activities for any joint venture or other licensing arrangements with any third party).

Budgets and Operating Plan. as soon as available and in any event at least 30 days before the beginning of each fiscal year of the Company, a strategic business plan and monthly and quarterly operating budgets for the forthcoming fiscal year, and as soon as available and in any event within 30 days after the end of each calendar month, monthly comparisons against the business plan and monthly operating budgets (including a summary of proposed research and development activities, and the status and proposed activities for any joint venture or other licensing arrangements with any third party).