Contract Backlog. SCHEDULE 2.28 sets forth, with respect to EOIR, a complete and accurate list, on a contract by contract basis determined as of December 31, 2003, of the revenues to be recognized from signed contracts not anticipated to be canceled (the "CONTRACT BACKLOG"). The revenue amounts comprising the Contract Backlog, individually and in the aggregate, constitute the best estimate of such amounts as of such date, based upon presently existing facts and circumstances. There has not been any adverse change to the total Contract Backlog since April 30, 2004.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Technest Holdings Inc), Stock Purchase Agreement (Markland Technologies Inc)