Common use of Funding Plan Clause in Contracts

Funding Plan. The Funding Plan sets forth the funding plan for the Company for the 3-year period beginning on the date hereof. The Funding Plan shall be a rolling funding plan and shall be reviewed at least once a year by the Board of Directors so as to ensure a rolling three-year business plan. The Funding Plan may be modified only with the approval of the Board of Directors.

Appears in 2 contracts

Sources: Shareholder Agreement (Gensia Inc), Shareholder Agreement (Rakepoll Finance N V)