Report to the Board. The following information shall be reported to the Board once each fiscal quarter: (a) The unaudited financial statements of the Company consisting of a balance sheet as of the end of the preceding fiscal quarter and the related statements of income (including earnings per share), shareholders’ equity and cash flows for the fiscal quarter then ended, certified by the chief financial officer of the Company; (b) A written report comparing actual results for such fiscal quarter to the annual budget and business plan and containing comments on any other significant operational or other developments which may affect the Company; and (c) A summary or scorecard with key operational and business targets and milestones.
Appears in 2 contracts
Sources: Joint Venture Agreement, Joint Venture Agreement (Memc Electronic Materials Inc)