Common use of MARKETING PLANS AND REPORTS Clause in Contracts

MARKETING PLANS AND REPORTS. Prior to First Commercial Sale and at the beginning of each calendar year thereafter, Selfcare shall submit to ChemTrak in writing whatever annual marketing plan detailing Selfcare's proposed marketing and pricing strategy and tactics for the HIV Product during the following year has been developed by Selfcare for its internal use. In addition, Selfcare shall submit to ChemTrak (a) quarterly sales reports detailing Selfcare's sales of the HIV Product in the preceding quarter, which reports shall be submitted to ChemTrak within thirty (30) days after the end of each quarter; and (b) copies of any market research reports relating to HIV Product sales and HIV Product competition which Selfcare commissions or otherwise obtains, which reports shall be submitted to ChemTrak promptly after receipt thereof by Selfcare.