Common use of Annual Progress Reports Clause in Contracts

Annual Progress Reports. LICENSEE shall provide to LICENSOR annual written progress reports with 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 License Agreement (Biomira CORP), Exclusive License Agreement (Biomira Inc), Agreement and Plan of Reorganization (Biomira Inc)