Ambassador Services Clause Samples

Ambassador Services. During the period commencing on the Effective Date and ending sixty (60) months thereafter (the “Ambassador Period”), IHC shall cause ▇▇▇▇▇▇▇, for so long as he is reasonably able, to provide the services set forth on Exhibit B (the “Ambassador Services”). In consideration for providing the Ambassador Services, City shall pay ▇▇▇▇▇▇▇ $7,500 for each month during the Ambassador Period during which ▇▇▇▇▇▇▇ provides Ambassador Services. Payments shall commence on May 1, 2023, with monthly payments due on the first business day of each month thereafter. The Ambassador Period may be extended for additional successive one-year terms by mutual written agreement of ▇▇▇▇▇▇▇ and City prior to the expiration of the then-current Ambassador Period. City shall reimburse ▇▇▇▇▇▇▇ for any reasonable, out-of- pocket costs and expenses approved by City with respect to (a) out of town travel and meetings on behalf of City and/or the Event Center, and/or (b) in town meetings involving meals and beverages. Except for the foregoing, City shall have no obligation to reimburse ▇▇▇▇▇▇▇ for any out-of-pocket expenses incurred by ▇▇▇▇▇▇▇ relating to the Ambassador Services. Notwithstanding anything in this Section 3.04 to the contrary, IHC may terminate its obligation to cause ▇▇▇▇▇▇▇ to provide the Ambassador Services by providing thirty (30) days’ written notice to THBC and the parties agree and acknowledge that such termination shall not effect or modify any other provision of this Agreement or any rights of IHC hereunder.