Advisory Role Clause Samples
The Advisory Role clause defines the scope and limitations of a party’s involvement as an advisor within an agreement. Typically, this clause clarifies that the advisor provides recommendations, guidance, or expertise but does not have decision-making authority or legal responsibility for outcomes. For example, an advisor may suggest strategies or review documents, but the final decisions rest with the client or principal party. This clause ensures that the advisor’s input is understood as non-binding, thereby protecting the advisor from liability and clarifying expectations for both parties.
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Advisory Role. The applicant accepts the services of the Ashland Main Street Program and the City of Ashland to act as an advisor in connection with the repair, remodeling or rehabilitation services on the property. the Ashland Main Street Program and the City of Ashland will not charge for their technical service.
Advisory Role. The Metro Project Manager shall take an active role as part of the Project Advisory Team and at the request of the City Project Manager will review and comment on draft project documents to communicate any concerns prior to the formal submission of the deliverables for each Milestone.
Advisory Role. GAC agrees to use its best efforts to make itself available to the Company’s officers, at such mutually agreed upon place and time during normal business hours for reasonable periods of time for the purpose of advising and assisting the Company in preparing reports, summaries, corporate and/or transaction profiles, due diligence packages and/or other materials and documents as shall be necessary, in the reasonable opinion of GAC. Such availability will be subject to reasonable advance notice and mutually convenient scheduling. Nothing contained herein shall be deemed or construed as an agreement by GAC to issue any fairness opinion or similar document with respect to any such Transaction. In the event that the Company desires GAC to issue a fairness opinion or similar document, the parties shall negotiate the terms of a separate agreement with respect thereto.
Advisory Role. The Committees shall function in an advisory capacity only and shall not have power to alter, amend, add to, or modify the terms of this Agreement.
Advisory Role. The JAC and its members shall only have an advisory role and shall discuss in good faith and provide to the Parties its opinion on the matters in its purview. The Parties agree to reasonably take into account the opinions and views expressed by the JAC and its members for performing their respective obligations under this Agreement.
Advisory Role. (a) If a Member of the Extended Founder Team no longer acts as a member of the Executive Committee (e.g. due to de-selection or to a termination of the employment agreement), the Company shall offer to such Member of the Extended Founder Team a timely unlimited agreement for an appropriate advisory role within the Company or any Group company. If the respective Member of the Extended Founder Team accepts such role and signs the advisory agreement, he shall continue to be bound by this Agreement. Otherwise, if he refuses the advisory role, such refusal shall be deemed being an Individual Sunset Event in accordance with Art. 7.3.
(b) If MH and/or MM do not act as Co-CEO or senior executive at the Company anymore, the Parties undertake to exercise their Shareholders’ rights and/or Board Members’ rights in a way to secure an observer seat on the Board to each of them, provided that their individual sell-down of Class B Shares since the date immediately following the IPO does not exceed 35 % (i.
Advisory Role. The Company understands that any and all suggestions, opinions or advice given to the Company by CONSULTANT are advisory only and the ultimate responsibility, liability and decision regarding any action(s) taken or decisions made lies solely with the Company and not with CONSULTANT.
Advisory Role. On and following the Transition Date, you will commence service to Lyft in the Advisory Role. Unless terminated earlier, the Advisory Role will terminate on the first anniversary of the Transition Date (the “Advisory Period”). During the Advisory Period you will provide consulting and advisory services as requested and specifically defined by the Board, which services will be related to ensuring a smooth transition following the appointment of ▇▇▇▇’s new Chief Executive Officer (the “New CEO”), aiding the New CEO, as specifically requested by the Board or the New CEO, and assisting in such other operational matters befitting your expertise and professional experience, as requested by the Board. You will have indemnification in the Advisory Role, consistent with the Company’s standard indemnification policies with respect to directors and officers.
Advisory Role. Effective October 20, 2021, you will transition out of your role as Chief Scientific Officer. Your new title and position will be Senior Scientific Advisor, reporting to the Company’s Chief Executive Officer (“CEO”). This will be a full-time position unless the CEO determines in her discretion to assign you a modified schedule after consultation with you.
Advisory Role. ▇▇▇▇▇▇▇▇▇▇▇ agrees that he is not now nor hereafter entitled to employment or reemployment with Manitowoc, its subsidiaries or related companies; however, he agrees to serve in an advisory role to the Company and to provide counsel and advice whenever the Company seeks such services from him. Such services shall be provided at reasonable times and only through December 31, 2020, and only when the Chairman or the Chief Executive Officer of the Company seek such services. ▇▇▇▇▇▇▇▇▇▇▇ acknowledges that the severance pay he is receiving during the Severance Period, is provided in part to compensate him for such advisory role services if sought by the Company.