Common use of Consultant Relationship Clause in Contracts

Consultant Relationship. The Consultant is an independent contractor to the Company, not an employee of the Company. The Consultant is not an agent of the Company and shall have no right to bind the Company. The Company will report all payments to be made hereunder on Forms 1099 as payments to the Consultant for independent contracting services and non-competition payments, and will not report any payments on Form W-2 to the Consultant. The Consultant shall be responsible for remitting all applicable taxes to in respect of any payments made under this Agreement to the appropriate tax authorities. The Consultant shall not be treated for any purposes as an employee of the Company and shall not be entitled or eligible to participate in any employee benefit plans, programs, policies or arrangements of the Company. The Consultant shall devote sufficient business time and efforts to the performance of services for the Company to complete the services within the time frames for completion established by the Company with a minimum of thirty (30) hours per month; provided, however, that the Company may not require the Consultant to regularly devote more than forty-five (45) hours per month of his time to performance of services hereunder. The Consultant shall use his best efforts in such endeavors. The Consultant shall also perform his services with a level of care, skill, and diligence that a prudent professional acting in a like capacity and familiar with such matters would use.

Appears in 4 contracts

Samples: Consulting and Non Competition Agreement, Consulting and Non Competition Agreement (Flag Financial Corp), Consulting and Non Competition Agreement (Flag Financial Corp)

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