BASIC RETAINED SERVICES Sample Clauses

BASIC RETAINED SERVICES. Subject to the terms and conditions of this Agreement, you hereby are retained by ▇▇▇▇▇▇▇ as a consultant to Calypte from the Effective Date until terminated as provided herein, to provide the following Services: (i) FULL-TIME CONSULTING SERVICES THROUGH NOVEMBER 30, 1999. This Section is not applicable for the term of the Extension. (ii) PART-TIME CONSULTING SERVICES FROM OCTOBER 18, 2000 THROUGH OCTOBER 18, 2001. During the period commencing with October 18, 2000 through and including October 18, 2001 (the "PART-TIME PERIOD"), you will provide, on a part-time basis for an aggregate of one day of Services per calendar month Services relating to certain strategic matters, including but not limited to assisting Calypte with the distribution of its products to China, assisting Calypte with its ongoing relationship with and investment in Pepgen Corporation and with other matters as may be requested from time to time during the term hereof orally or in writing by the President, Chief Executive Officer or the Chairman of Calypte.

BASIC RETAINED SERVICES. Subject to the terms and conditions of this Agreement, you hereby are retained by Calypte as a consultant to Calypte from the Effective Date until terminated as provided herein, to provide the following Services (the "BASIC RETAINED SERVICES") as follows (with a "day of Services" being considered for such purposes as eight (8) hours, and with travel time while on business for Calypte, and while travelling from your home outside of California to Calypte's principal offices for purposes of rendering such Basic Retained Services, in each case being counted as one-half time): (i) FULL-TIME CONSULTING SERVICES THROUGH NOVEMBER 30, 1999. During the period commencing with the Effective Date through and including November 30, 1999 (the "FULL-TIME PERIOD"), you will provide, on a full-time basis, Basic Retained Services, as may be requested from time to time during the term hereof orally or in writing by the President or Chief Executive Officer of Calypte, or by any member of the Board: (A) to assist in any matters pertaining to the transition to Calypte's newly-hired Chief Executive Officer of the responsibilities you held immediately prior to the Effective Date in such role, and (B) with respect to the following (the "STRATEGIC MATTERS"): (1) the execution of a distribution agreement by Calypte with the government of China, (2) the formation of a joint venture for the production of certain Calypte products in China, (3) the renegotiation of the technology licensing agreement between Calypte and New York University, (4) so long a Calypte holds an equity interest in Pepgen Corporation ("PEPGEN"), and so long as you are so elected, serving as a member of the Board of Directors of Pepgen and helping Pepgen to develop a strategy intended to maximize the value of such equity interest asset to Calypte, and (5) assisting Calypte with respect to potential merger and acquisition opportunities, raising of additional capital, and other corporate finance activities. (ii) PART-TIME CONSULTING SERVICES FROM DECEMBER 1, 1999 THROUGH OCTOBER 18, 2000. During the period commencing with December 1, 1999 through and including October 18, 2000 (the "PART-TIME PERIOD"), you will provide, on a part-time basis for an aggregate of five (5) days of Services per calendar month during such, Basic Retained Services relating to Strategic Matters, as may be requested from time to time during the term hereof orally or in writing by the President or Chief Executive Officer of Calypte, or by any ...

BASIC RETAINED SERVICES. Subject to the terms and conditions of this Agreement, you hereby are retained by ▇▇▇▇▇▇▇ as a consultant to Calypte from the Effective Date until terminated as provided herein, to provide up to an aggregate of sixteen (16) hours of Services per calendar month during the term hereof (or such additional hours as you may agree with Calypte as provided in Section 1(b) hereof), with travel time counted as one-half time (I.E., one hour of travel time will be counted as one-half hour of time spent consulting hereunder), with respect to (i) financial and operational matters and projects relating to Calypte's current and/or future products, and (ii) assisting in the selection, recruitment and integration with Calypte of a Controller and of a Chief Financial Officer, all as may be requested from time to time during the term hereof orally or in writing by an officer (President, Chief Executive Officer, Chief Financial Officer, Vice President) or member of the Board. The number of hours spent by you hereunder as rendering Services to Calypte will be in addition to time you spend to discharge your customary duties as a Director of Calypte, including time to prepare for and attend meetings of the Board and of Board Committees upon which you serve, during such time as you are serving as a Director of Calypte. You will not receive any compensation hereunder for your services as a Director of Calypte, but will be entitled to such indemnification, stock, and/or stock options and other benefits from the Company as are made available from time to time by the Company to other Directors.