Common use of Plan Reports Clause in Contracts

Plan Reports. (a) Within 90 days following the Effective Date, Selfcare shall prepare a detailed plan describing activities to be undertaken to pursue Regulatory Approvals for the HIV Product in the Territory and to establish the Testing Facilities and Counseling Service. ChemTrak shall have the right to review and comment on such plan before Selfcare makes any contact with any regulatory agency pertaining to the HIV Product in the Territory. Once agreed between the parties, Selfcare shall conduct its regulatory activities regarding the HIV Product as provided in the plan. However, Selfcare reserves the right to modify the plan, as required by regulatory circumstances, following consultation with ChemTrak. (b) Selfcare shall report to ChemTrak at least once each calendar quarter, but not later than thirty (30) days following the end of such calendar quarter, on the progress of such activities. Selfcare will notify ChemTrak as soon as practicable in the event of any substantial changes in the development activities described in the plan and in the event any Regulatory Approval is received for any country in the Territory.

Appears in 3 contracts

Sources: Development and Distribution Agreement (Chemtrak Inc/De), Development and Distribution Agreement (Chemtrak Inc/De), Development and Distribution Agreement (Chemtrak Inc/De)