Examination and Implementation. The Board of Directors shall complete its examination and approval of each annual operating plan and budget for the next fiscal year prior to the end of December 31 of each year. The General Manager shall be responsible for the implementation of the annual operating plan and budget as approved by the Board.
Appears in 5 contracts
Samples: Joint Venture Agreement, Joint Venture Agreement (RT Technologies, Inc.), Joint Venture Agreement (Positron Corp)
Examination and Implementation. The Board of Directors shall complete its examination and approval of each annual operating plan and budget for the next fiscal year prior to the end of December 31 31st of each year. The General Manager Management Personnel shall be responsible for the implementation of the annual operating plan and budget as approved by the Board.
Appears in 3 contracts
Samples: Joint Venture Contract, Joint Venture Contract (Synthesis Energy Systems Inc), Joint Venture Agreement (Synthesis Energy Systems Inc)