adjusting valve lash 422 SB

so the correct procedure is ?
exhaust valve starts to open-- adjust intake
intake valve opens all the way and starts to close-- adjust exhaust

or is there another way?

duration @ .050 is 282/286
cam card calls for install at 110*
installed a 106*
heads are Indy 360-1 CNC 245
As far as HP, builder said 700, dyno said 650.

Thanks everbody for your help.