Strategic Plan and Budget. 9. (a) Within 60 days of this Agreement, the Bank shall submit to the Reserve Bank a strategic plan to improve the Bank’s earnings, and a budget for 2010. The written plan and budget shall include, but not be limited to:
Strategic Plan and Budget. Manager and WCH, shall develop and agree on an annual plan setting forth details regarding the strategic, operational and capital activities that Manager shall undertake and oversee on behalf of WCH and the budgets regarding such activities (as amended from time to time, the “Strategic Plan and Budget”), which shall include, among other matters:
Strategic Plan and Budget. 9. (a) Within 60 days of this Agreement, Xxxxx and the Bank shall submit to the Reserve Bank and the DFI, a three-year strategic plan and a 2009 operating plan and budget for Xxxxx on a consolidated basis, and the Bank, as a separate legal entity, on a stand-alone basis, that shall, at a minimum, address, consider, and include:
Strategic Plan and Budget. (a) The agreed initial Strategic Plan for the period to 30 June 2018 is attached to this agreement as Attachment 1.
Strategic Plan and Budget. Manager and Howard, shall develop and agree on an annual plan setting forth details regarding the strategic, operational and capital activities that Manager shall undertake and oversee on behalf of Howard and the budgets regarding such activities (as amended from time to time, the “Strategic Plan and Budget”), which shall include, among other matters:
Strategic Plan and Budget. An annual updated Strategic Plan and Budget, to be delivered at least thirty (30) days prior to the beginning of each HUH Fiscal Year during the Term of this Agreement.
Strategic Plan and Budget. 11. (a) Within 180 days of this Agreement, Fifth Third shall submit to the Reserve Bank and the Division a written enterprise-wide strategic plan and budget concerning Fifth Third's proposed business activities for the three-year period beginning in 2004. The plan and budget shall, at a minimum, provide for or describe:
Strategic Plan and Budget. Manager and FMC, shall develop and agree on an annual plan setting forth details regarding the strategic, operational and capital activities that Manager shall undertake and oversee on behalf of FMC and the budgets regarding such activities (as amended from time to time, the “Strategic Plan and Budget”), which shall include, among other matters:
Strategic Plan and Budget. Manager and RGH, shall develop and agree on an annual plan setting forth details regarding the strategic, operational and capital activities that Manager shall undertake and oversee on behalf of RGH and the budgets regarding such activities (as amended from time to time, the “Strategic Plan and Budget”), which shall include, among other matters:
Strategic Plan and Budget. (a) Within 60 days of this Agreement, the Bank shall submit to the Reserve Bank and the Comptroller a written strategic plan and budget concerning the Bank's proposed business activities for 1999. This plan shall, at a minimum, provide for or describe: (1) the responsibilities of the Bank's board of directors towards the definition, approval, implementation and monitoring of the strategic plan and budget, and the procedures designed to ensure that the board of directors fulfills such responsibilities; (2) management, lending, and operational objectives, given the condition of the Bank as reflected in the Report of Examination and subsequent reports; (3) an earnings improvement plan, with emphasis on the net interest margin and overhead expenses; (4) the operating assumptions that form the bases for major projected income and expense components, and the sources and uses of new funds; (5) financial performance objectives, including plans for asset growth, earnings, liquidity, and capital supported by detailed quarterly and annual pro forma financial statements, including projected budgets, balance sheets and income statements; (6) the establishment of a monthly review process to monitor the actual income, expenses and net cash flow of the Bank in comparison to budgetary projections; (7) the quarterly revision of projected financial statements, including projected quarterly and annual budgets and quarter-end and year-end balance sheet and income statements for the Bank; and (8) the submission to the Reserve Bank and the Comptroller of a revised strategic plan or budget 60 days prior to the occurrence of planned material changes to the strategic plan or budget. (b) A strategic plan and budget for each calendar year subsequent to 1999 shall be submitted to the Reserve Bank and the Comptroller at least one month prior to the beginning of that calendar year. The revised quarterly and annual financial statements required by paragraph 14(a)(7) hereof shall be submitted to the Reserve Bank and the Comptroller within 30 days of the end of each calendar quarter.
