Business Program Clause Samples
The Business Program clause defines the framework and requirements for a specific set of business activities or initiatives governed by the agreement. It typically outlines the objectives, scope, and operational guidelines for the program, such as eligibility criteria, performance metrics, or reporting obligations. By clearly establishing the structure and expectations for the business program, this clause ensures both parties understand their roles and responsibilities, thereby promoting effective collaboration and minimizing misunderstandings.
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Business Program. The Parties agree that they have reviewed or have been presented the opportunity to review the business program and initiatives to be included in the 2022 Plan, including proposed budgets, assumptions and underlying data, and agree the proposed program should be approved.
Business Program. After the expiration of the Research Term, in the event a Third Party acquires SUTRO and, the Third Party (or any of such Third Party’s then-existing Affiliates) already has a program that existed prior to or implements a program after the acquisition of SUTRO that would otherwise violate Section 8.1.1 (a “Business Program”), then such Third Party (or such Third Party’s Affiliate) or SUTRO, as applicable, shall be permitted to continue or implement such Business Program after such acquisition and such continuation or implementation shall not constitute a violation of Section 8.1.1 (and in no event shall such Business Program be deemed an Internal Program of SUTRO); provided however that (a) none of the SUTRO IP, SUTRO Expression Technology, or Patents or Know-How Controlled by CELGENE and licensed to SUTRO, shall be used in the Business Program, and (b) the research or development activities required under this Agreement shall be conducted separately from any research or development activities directed to such Business Program, including the maintenance of separate lab notebooks and records (password-protected to the extent kept on a computer network) and separate personnel working on each of the activities under this Agreement and the activities covered under such Business Program.
Business Program. 1. The Parties agree that they have reviewed or have been presented the opportunity to review the business program and initiatives to be included in the 2026 Plan, including proposed budgets, assumptions and underlying data, and agree the proposed program should be approved.
2. Among other offerings, the Company commits to include in the 2026 Plan a bonus incentive to customers who choose Dark Sky approved lighting products. The Company commits to working with Dark Sky to decide on a resource, DLC and/or Dark Sky, for a qualified products list of eligible products. The Company will also commit to collaborating with Dark Sky, who will provide educational and collateral resources, to deliver educational materials and coordinate on delivery of training to program allies and customers at appropriate forums/venues.
3. Ameren will continue offering TLED's through its midstream initiative in 2026 at a level commensurate with 2023 actuals. The measure will be removed from the initiative starting in 2027.
4. Ameren Illinois agrees to cap the claimed achievement level related to natural-gas fired Combined Heat and Power (CHP) Projects in 2028-2029 Ameren Illinois will utilize a framework to place a cap on potential achievement level for fossil fuel, conventional, or topping cycle CHP projects. There is significant uncertainty over whether any such projects will be completed in 2028 or 2029, and - because of that uncertainty - Ameren's modified savings goals for 2028 and 2029 assume no such projects will be completed. Since these CHP projects can have very large savings at very low program cost, the framework presented below balances program performance with potential earnings should such a CHP project complete in 2028 or 2029. For fossil fuel, conventional or topping cycle CHP projects: • Include the project(s) in the C&I Custom Initiative, and include the project in the C&I Custom Initiative impact evaluation; • Should the Ameren portfolio savings performance, not including CHP project(s) savings, be less than 100 percent of the modified goal in either 2028 or 2029, Ameren will limit savings applied to Rider Annual Performance Modifier (APM) calculations to 105 percent of the modified goal, or actual portfolio savings performance including the CHP project(s) savings, whichever is lower. • Should the Ameren portfolio savings performance, not including CHP project(s) savings, be equal to or more than 100 percent of the modified goal in either 2028 or 2029, Ameren wil...
Business Program. (s) means a portfolio of Focus on Energy efficiency and renewable energy programs offered to Customers of Wisconsin Energy Utilities taking service on non-residential rates or tariffs, and Agricultural Producers on residential rates or tariffs due to a residence attached to an Agribusiness. Business Programs are designed to target commercial, industrial, Agricultural Producers, schools, Local Units of Government, and non-local government Customers.