Common use of Consulting Assistance Clause in Contracts

Consulting Assistance. If requested by Buyer, Seller will provide to Buyer for a period of up to 60 days after the Closing limited consulting services by ▇▇▇▇ ▇▇▇▇▇▇▇▇, Naani ▇▇▇▇▇▇ and ▇▇▇▇▇ House to assist in the transition of the Business to Buyer’s ownership. Such services shall not exceed an aggregate total (for all the individuals named in the preceding sentence) of fifty (50) hours in the first thirty days after the Closing, or an aggregate total (for all of the individuals named in the preceding sentence) of thirty (30) hours in the second thirty days after the Closing, unless Seller otherwise agrees. Such services will be provided without compensation, but Buyer will reimburse Seller for any reasonable out-of-pocket expenses that are incurred by Seller in providing such services and which are of a type and range that has been approved in advance by Buyer.

Appears in 2 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement (Air T Inc)