Annual Plan. The management of the Company shall establish annually an operating plan and budget for the Company (the “Annual Plan”), which shall be approved by the Board of Directors.
Appears in 3 contracts
Samples: Investors’ Rights Agreement, Investors’ Rights Agreement (Borderfree, Inc.), Investors’ Rights Agreement (Borderfree, Inc.)
Annual Plan. The management of the Company shall establish annually an operating plan and budget for the Company (the “Annual Plan”), which in consultation with the Board. The Annual Plan for the following year shall be approved by submitted to the Board for its approval and shall be delivered to each Investor at least thirty (30) days prior to the first day of Directorsthe year covered by such Annual Plan.
Appears in 2 contracts
Samples: Investors' Rights Agreement, Investors' Rights Agreement
Annual Plan. The management of the Company shall establish annually an operating plan and budget for the Company (the “Annual Plan”), which shall be approved by in consultation with the Board of Directors. The Annual Plan for the following year shall be submitted to the Board of Directors for its approval and shall be delivered to the Preferred Shareholders pursuant to section 1.1 (iii).
Appears in 2 contracts
Samples: Investors Rights Agreement (SteadyMed Ltd.), Investors Rights Agreement (SteadyMed Ltd.)
Annual Plan. The management of the Company shall establish annually an operating plan and budget for the Company (the “Annual Plan”), which in consultation with the Board. The Annual Plan for the following year shall be approved by submitted to the Board for its approval at least thirty (30) days prior to the first day of Directorsthe year covered by such Annual Plan.
Appears in 2 contracts
Samples: Shareholders Rights Agreement (ironSource LTD), Shareholders Rights Agreement (Thoma Bravo Advantage)
Annual Plan. The management of the Company shall establish annually an operating plan and budget for the Company (the “Annual Plan”), which in consultation with the Board. The Annual Plan shall be approved by subject to the approval of the Board of Directorsand shall be delivered to the Preferred Holders pursuant to Section 1.1.4.
Appears in 1 contract
