3.4 Business Plans and Projections

a. At least sixty (60) days before the commencement of each fiscal year of the Company, the Managers shall submit to the Chairman and the Tribal Council's Development Committee, (i) a three (3) year strategic business plan; (ii) an operating business plan for the coming fiscal year; and (iii) financial projections for the coming fiscal year. After considering any comments on the proposed business plans and projections from the Chairman and the Development Committee, the business plans and projections will be finalized and shall be a guide and measure of Company performance for the following fiscal year. The Managers shall provide a quarterly report to the Chairman and Development Committee within thirty (30) days of the close of each fiscal quarter of the Company comparing actual and projected results of operations, analyzing the performance of the business plan, and stating reasons for any material variance between actual and projected performance.

b. At least each fiscal quarter, the Board shall meet with the Chief Executive Officer or Director, if he or she is not on the Board, and such other Executive Directors of the TMBCI as the Chairman shall designate to discuss the Company's operations and other matters of mutual interest and concern.