Annual Budget. Not less than thirty (30) days prior to the end of each fiscal year, the Company shall prepare and submit to the Board of Directors for its approval an annual operating budget of the Company for the next succeeding fiscal year in reasonable detail.
Appears in 5 contracts
Samples: Stockholders Agreement (Critical Path Inc), Stockholders Agreement (Vectis Cp Holdings LLC), Stockholders Agreement (Critical Path Inc)
Annual Budget. Not less than thirty (30) days prior to the end of each fiscal yearFinancial Year, the Company shall prepare and submit to the Board of Directors for its approval an annual operating budget of the Company for the next succeeding fiscal year Financial Year in reasonable detail, including such information as may reasonably be requested by a SAIF Director or a VentureTech Director.
Appears in 3 contracts
Samples: Investor Rights Agreement (Satyam Infoway LTD), Investor Rights Agreement (Satyam Infoway LTD), Sify LTD
Annual Budget. Not less than thirty (30) days prior to the end of each fiscal year, the Company shall prepare and submit to the Board of Directors for its approval an annual operating budget of the Company for the next succeeding fiscal year in reasonable detail.
Appears in 3 contracts
Samples: Stockholders Agreement (Hoth Therapeutics, Inc.), Stockholders Agreement (Cactus Ventures, Inc.), Stockholders Agreement (Cactus Ventures, Inc.)
Annual Budget. Not less than The Company shall furnish the annual budget for a particular fiscal year to each Major Investor on the earlier of (i) thirty (30) days prior to the end beginning of each a fiscal year, the Company shall prepare and submit to year if such annual budget has been approved by the Board of Directors for its approval an annual operating budget or (ii) within fifteen (15) days of the Company for approval of such annual budget by the next succeeding fiscal year in reasonable detailCompany’s Board of Directors.
Appears in 3 contracts
Samples: Investors’ Rights Agreement (Cardiva Medical, Inc.), Investors’ Rights Agreement (Cardiva Medical, Inc.), Investors’ Rights Agreement (Cardiva Medical, Inc.)
Annual Budget. Not less than Within thirty (30) days prior to or after the end beginning of each fiscal yearyear of the Company, the Company shall prepare and submit to the Board of Directors for its approval an a detailed annual operating plan and budget of the Company for the next succeeding fiscal year in approved by the Board (the “Annual Budget”). The Company shall also furnish to such Major Investor, within a reasonable detailtime of its preparation, any material amendment to the Annual Budget.
Appears in 2 contracts
Samples: Investors’ Rights Agreement (Energy & Power Solutions, Inc.), Investors’ Rights Agreement (Energy & Power Solutions, Inc.)
Annual Budget. Not less than thirty forty-five (3045) days prior to the end of each fiscal year, the Company shall prepare and submit to the its Board of Directors for its approval an annual operating budget of the Company for the next succeeding fiscal year in reasonable detailyear.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Priceline Com Inc), Stock Purchase Agreement (Priceline Com Inc)
Annual Budget. Not less than At least thirty (30) days prior to the end of each fiscal yearFiscal Year, the Company shall prepare and submit deliver to the Board drafts of Directors the current multi-year business plan (or an update of a prior business plan, as applicable) for the Company and its approval Subsidiaries and an annual operating budget of (together, the “Annual Budget”) for the Company for and its Subsidiaries covering the next succeeding fiscal year in reasonable detailFiscal Year. Such Annual Budget shall be subject to the approval of the Board.
Appears in 2 contracts
Samples: Stockholders Agreement (EP Energy Corp), Stockholders Agreement (EP Energy Corp)
Annual Budget. Not less than Within thirty (30) days prior to after the end beginning of each fiscal yearyear of the Company, the Company shall prepare and submit deliver to the Board of Directors for its approval each Major Investor an annual operating budget of the Company plan and budget, prepared on a monthly basis, for the next succeeding fiscal year in reasonable detailyear.
Appears in 2 contracts
Samples: Investors’ Rights Agreement (Basis Global Technologies, Inc.), Investors’ Rights Agreement (Basis Global Technologies, Inc.)
Annual Budget. Not less Furnish to each member of the Company's Board of Directors as soon as practicable, and in any event no later than thirty (30) days prior to after the end close of each fiscal yearyear of the Company, the Company shall prepare and submit to the Board of Directors for its approval an annual operating budget of the Company plan and budget, prepared on a monthly basis, for the next succeeding immediate fiscal year in year. The Company will also furnish to each member of the Company's Board of Directors, within a reasonable detail.time of its preparation, amendments to the annual budget, if any; and
Appears in 1 contract
Samples: 3do Company Fourth Shareholders' Rights Agreement (3do Co)
Annual Budget. Not less than thirty (30) days prior to before the end of each fiscal year, the Company shall prepare and submit to the Board of Directors for its approval approval, in accordance with Section 4.04(b), an annual operating budget Annual Budget of the Company and its Subsidiaries for the next succeeding fiscal year in reasonable detailyear.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Annual Budget. Not less than thirty (30) days prior to the ------------- end of each fiscal year, the Company shall prepare and submit to the Board of Directors for its approval an annual operating budget of the Company for the next succeeding fiscal year in reasonable detail.
Appears in 1 contract
Annual Budget. Not less than thirty (30) days prior to after the end commencement of each fiscal year, the Company shall prepare and submit to the Board of Directors for its approval an annual operating budget of the Company for the next succeeding such fiscal year in reasonable detail.
Appears in 1 contract
Samples: Shareholders Agreement (Vimicro International CORP)
Annual Budget. Not less than thirty (30) 30 days prior to the end of each fiscal year, the Company shall prepare and submit to the its Board of Directors for its approval an annual operating budget of the Company for the next succeeding fiscal year in reasonable detailyear.
Appears in 1 contract
Samples: Stock and Warrant Purchase Agreement (Predictive Systems Inc)
Annual Budget. Not less than thirty (30) Within 30 days prior to before the end of each fiscal year, the Company shall prepare and submit to the Board of Directors for Company Shareholders its approval an annual operating estimated detailed financial budget of the Company for the next succeeding fiscal year in reasonable detailfollowing financial year.
Appears in 1 contract
Samples: Supplemental Subscription and Shares Purchase and Shareholders Agreement (Cninsure Inc.)
Annual Budget. Not less than thirty (30) days prior to before the end of each fiscal year, the Company shall prepare and submit to the Board of Directors for its approval an annual operating budget of the Company and its Subsidiaries for the next succeeding fiscal year in reasonable detailyear.
Appears in 1 contract
Annual Budget. Not less than thirty thirtyWithin sixty (303060) days prior to beforeafter the end of each fiscal year, the Company shall prepare and submit to the Board of Directors for its approval approval, in accordance with Section 4.04(b), an annual operating budget Annual Budget of the Company and its Subsidiaries for the next succeeding fiscal year in reasonable detailyear.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Annual Budget. Not less than thirty (30) days prior to the end of each fiscal year, the Company shall prepare and submit to the Board of Directors for its approval an annual operating budget budget, annual business plan and projected financial statements of the Company for the next succeeding fiscal year in reasonable detail.
Appears in 1 contract