Common use of Consideration Payment Clause in Contracts

Consideration Payment. 2.1 In consideration for consulting services provided by the Consultant to the Company hereunder, the Company shall pay to the Consultant a consulting fee of $150 per hour for each hour devoted to consulting for the Company as provided hereunder (“Consulting Hour”). Unless otherwise agreed to in writing by the parties, the Consultant’s consulting time shall not include travel time.

Appears in 1 contract

Samples: Retention Agreement (Maxygen Inc)

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Consideration Payment. 2.1 In consideration for consulting services provided by the Consultant to the Company hereunder, the Company shall pay to the Consultant a consulting fee of $150 [$ per hour hour] [TBD by dividing base salary by 2000] for each hour devoted to consulting for the Company as provided hereunder (“Consulting Hour”). Unless otherwise agreed to in writing by the parties, the Consultant’s consulting time shall not include travel time.

Appears in 1 contract

Samples: Change of Control Agreement (Maxygen Inc)

Consideration Payment. 2.1 In consideration for consulting services provided by the Consultant to the Company hereunder, the Company shall pay to the Consultant a consulting fee of $150 three hundred and fifty U.S. Dollars (US$350) per hour for each hour devoted to consulting for the Company as provided hereunder (“Consulting Hour”). Unless otherwise agreed to in writing by the parties, the Consultant’s consulting time shall not include travel time.

Appears in 1 contract

Samples: Consulting Agreement (Maxygen Inc)

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Consideration Payment. 2.1 In consideration for consulting services provided by the Consultant to the Company hereunder, the Company shall pay to the Consultant a consulting fee of $150 [ ] per hour for each hour devoted to consulting for the Company as provided hereunder (“Consulting Hour”). Unless otherwise agreed to in writing by the parties, the Consultant’s consulting time shall not include travel time.

Appears in 1 contract

Samples: Consulting Agreement (Maxygen Inc)

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