Examples of Program Plan and Budget in a sentence
Introgen shall be responsible for preparing reasonably detailed plans and budgets on an annual basis for the "Program Plan and Budget" through which the Early Stage Development Program will be carried out.
Promptly following the Effective Date, and prior to the beginning of each calendar quarter during the Term of the Early Stage Development Program, the Development Committee shall approve a spending forecast for the next quarter, consistent with the Program Plan and Budget then in effect.
The Program Plan and Budget shall specify the research objectives and work plan activities of the Early Stage Development Program research of both parties, and the headcounts and other costs and expenses of Introgen, including consultants and third party contractors, in connection with the Early Stage Development Program.
Neither Introgen nor RPRP makes any representation or warranty or guaranty that the Program Plan and Budget will be sufficient for the successful completion of the Early Stage Development Program.
Beginning in 1995, by August 1 of each year during the Early Stage Development Program, Introgen shall submit to the Development Committee a proposed Program Plan and Budget for the Early Stage Development Program for the following calendar year.
On or before October 15, 1994, and the first day of each subsequent calendar quarter during the Term of the Early Stage Development Program, RPRP shall pay to Introgen the amount of the approved forecasted amount; provided that if for any reason the Development Committee does not approve a forecasted amount prior to the due date, RPRP shall pay to Introgen the amount budgeted for the quarter in the Program Plan and Budget them in effect.
Introgen will be responsible for conducting, directly or through third parties, all development of each new project and each Collaboration Product in North America through the completion of Early Stage Development in accordance with the Program Plan and Budget in effect from time to time.
Attached hereto as Exhibit C is the initial Program Plan and Budget, which shall be fixed for the period from the Effective Date through 30 December 1995, unless otherwise agreed.
The Development Committee shall review such proposal as soon as possible and shall establish and approve no later than October 31 of such year the final Program Plan and Budget for the next succeeding year.
The Development Committee shall review the Program Plan and Budget on an ongoing basis and may make changes to the Program Plan and Budget then in effect; provided, however, the Program Plan and Budget in effect for a year shall not be modified except as approved by the Development Committee.