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.
POPULAR SAMPLE Copied 13 times
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. (a) Following the Transition Date, the Executive will become an independent contractor, and perform the services described in Exhibit A (the “Services”) through September 30, 2026, or such earlier date as mutually agreed by the parties (the “Separation Date”, and such period between the Transition Date and the Separation Date, the “Advisory Term”). The Executive agrees to use his commercially reasonable efforts to assist the Company in the successful transition of his responsibilities to his successor, including making himself reasonably available on request to, among other things, respond to questions and provide assistance. Executive will have full-time employment with another employer following the Transition Date, and the Company shall not require transition services to be performed at times which directly conflict with Executive’s full-time employment duties. Failure to provide the Services through the Separation Date will cause the Executive to forfeit any compensation to which the Executive could otherwise become entitled under this Agreement.
(b) The parties agree that during the Advisory Term, the Executive will be an independent contractor in the performance of the Services and not an employee of the Company. During the Advisory Term, the Executive will not receive base salary, bonus, other cash compensation or continued employee benefits, and the Executive will not be entitled and hereby waives any rights to employee benefits, except as set forth under Section 3.
(c) The Company will provide Executive with continued use of his Company laptop computer and mobile phone until the Separation Date.
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. 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. 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. 5.1 When agreed upon, SCFSS shall provide an advisory role related to the delivery of Services in respect of matters not included in Subsection 3.1 of this Agreement. SCFSS shall review and make recommendations to the UNB, the Courts, and other appropriate bodies in respect of all such matters.
5.2 SCFSS acknowledges and respects the kʷu stəmtímaʔ Declaration (Appendix C) and will work to support the kʷu stəmtímaʔ and the UNB to achieve their vision for their Relations and in asserting inherent and jurisdiction rights over all matters related to the social justice, including adoptions.
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.