Plans & Report Due Date Clause Samples

Plans & Report Due Date. A written business plan under which the Licensee intends as of the Effective Date to develop and commercialize Licensed Products Within [*] days of the Effective Date A written update of the business plan including without limitation: · research and development progress during the prior year; · efforts to obtain regulatory approval during the prior year; · marketing, and sales figures during the prior year; · a discussion of its intended development and commercialisation efforts; and · sales projections for the current year. Within [*] days after the start of each calendar year, beginning on 1 January 2016