Common use of Annual Progress Reports Clause in Contracts

Annual Progress Reports. LICENSEE, within thirty (30) days of the end of a calendar year, shall provide to LICENSOR annual written progress reports prior to the first Quarterly Report for each calendar year after the effective date of this agreement. The reports shall include sufficient detail to allow LICENSOR to determine progress on research and development, manufacturing, sublicensing, marketing and sales during the previous twelve (12) months as well as plans for the coming year.

Appears in 3 contracts

Sources: Exclusive Patent License Agreement (Biomira CORP), Exclusive Patent License Agreement (Biomira Inc), Agreement and Plan of Reorganization (Biomira Inc)