Consulting Commitment Sample Clauses
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Consulting Commitment. (a) The term of this Agreement will commence on the Effective Date and continue until the first anniversary of the Effective Date (the “Term”). Thereafter, the Term will be automatically renewed for successive terms of one (1) year, each upon the same terms and conditions set forth in this Agreement. Either party may terminate this Agreement for any reason upon thirty (30) days prior written notice by the terminating party to the other party.
(b) GCC hereby engages the Company, and the Company agrees, to provide consulting services to GCC on an as-needed basis with respect to such matters relating to the Business as GCC may reasonably request (the “Services”).
(c) The Company will be paid an annual consulting fee of $ for the rendering of the Services by the Company to GCC, payable periodically throughout the year, as mutually agreed by the parties for the following factors:
(i) increase to the number of employees of GCC;
(ii) increases to the profit of GCC;
(iii) greater volume of business of GCC; and
(iv) contests or races by customers of GCC that GCC wins.
(d) GCC will reimburse the Company for reasonable out-of pocket expenses, which are incurred by the Company in rendering the Services. For all such expenses, the Company must furnish to GCC statements, receipts and vouchers as and when required by and to the reasonable satisfaction of, GCC.
(e) The Company may hire or assign its own personnel (the “Peresonnel”), on the Company’s own terms (and without the consent of GCC), to undertake the Services.
Consulting Commitment. We commit to engage you as a consultant for the full term of any vesting period under any grant of options you may receive as a Director of the Company or 24 months, whichever is longer.
Consulting Commitment. During the Consulting Term, Consultant shall make and hold himself available to the Company on a full-time basis to perform such duties as are assigned to him by the Company, including without limitation consulting on major projects (including without limitation consulting on major 2011 capital expenditure projects such as the Houston expansion), due diligence with respect to potential acquisitions and leading integration on any completed acquisitions, succession planning, and providing on-going support and consultation to the Chief Executive Officer and Chief Financial Officer and the Board of Directors as needed. Consultant shall be expected to perform the services hereunder from his home in Jacksonville, Florida or other appropriate location, unless the Company or Consultant determines that Consultant’s physical presence is necessary on a temporary basis at the Company’s offices or other location, and provides the other party with reasonable advance notice of such need. Reasonable out-of-pocket travel costs incurred by Consultant for Company-requested travel shall be reimbursed by Company in accordance with any of its applicable then-in-effect travel and reimbursement policies. Company will provide reasonable office and administrative support upon request by Consultant and agreement of the parties and will provide office space at its offices in New Orleans, Louisiana for Consultant’s use if requested by, and upon reasonable advance notice by, Consultant. Consultant shall perform services under this Agreement in a professional manner and in accordance with the highest applicable professional standards.
Consulting Commitment. 2.1 During each month of the consulting Term, the Consultant (subject to allowances for illness and reasonable vacation) shall hold himself available, upon reasonable notice and during normal business hours, for 20 hours of business discussions or consultations with the chief executive officer of the Company or with other senior officers or directors of the Company as designated by the chief executive officer with the advice and consent of the Consultant. In connection with any consulting services rendered, the Consultant shall report solely and directly to the chief executive officer.
Consulting Commitment. (a) Executive shall, as provided in this Section 5.6, serve as a consultant to Parent during the Consulting Period in the event of Executive's termination of employment pursuant to Section 5.1, 5.3 or 5.4 above. The "Consulting Period" (i) in the event of termination of Executive's employment pursuant to Section 5.1 or 5.4 above shall be from the date of such termination until the date that is the later of (x) the third anniversary of the Closing Date and (y) the date that is two (2) years following such termination, and (ii) in the event of termination of Executive's employment pursuant to Section 5.3 above shall be from the date of such termination until the date that is two (2) years following such termination.
(b) The Parent shall be entitled to require the Executive to be available to render consulting services up to seventy-five (75) hours per month, at times mutually agreed upon from time to time by Executive and the Parent. Executive shall perform such services in San Diego County, California, or such other place as may be mutually agreed upon in writing by Executive and the Parent.
(c) In exchange for Executive's availability, the Parent shall pay base consulting fees at a rate of $450,000 per year payable in equal installments on dates coinciding with salary payments made to the Parent's other executive officers, with payment for any partial pay period to be prorated (based on the number of days during the Consulting Period in such pay period relative to the number of days in such pay period). In addition, the Parent shall pay "bonus consulting fees" for each fiscal year of the Parent in accordance with Exhibit A and Executive shall continue options vesting pursuant to Section 4.2, as if Executive were still a full-time employee of the Parent (including with respect to partial-year service). If the Parent determines that it is obligated to do so, it shall be entitled to withhold from the Executive's consulting compensation such amounts as may be required by tax or other government authorities. Notwithstanding anything in this Agreement to the contrary, in the event Executive dies or is permanently disabled (as defined in Section 22(e)(3) of the Internal Revenue Code) while a consultant of the Parent pursuant to this Section 5.6, Executive or Executive's estate, as appropriate, will be entitled to all consulting fees and continuation of option vesting contemplated by Section 4.2 as if Executive provided consulting services pursuant to Section 5.6 ...
Consulting Commitment. Biogan hereby engages Consultant, and Consultant agrees, to provide consulting services to Biogan. Consultant shall provide consulting services on such terms and conditions as are from time to time mutually agreed upon by Consultant and Biogan.
Consulting Commitment. During the Consulting Term, the Consultant shall make himself available to T▇▇▇ ▇▇▇▇, the incoming acting Chief Financial Officer of the Company, or such other Chief Financial Officer of the Company (acting or otherwise) employed at any time during the Consulting Term (the “CFO”), as well as to the Chairman of the Audit Committee, upon reasonable notice and during normal business hours, to consult with the CFO or Audit Committee Chairman, as the case may be, regarding matters within the Consultant’s knowledge, expertise and experience, consistent with the services performed by the Consultant as Chief Financial Officer of the Company, including, without limitation, providing transition services to the incoming CFO, attending such meetings as the Company may reasonably require for proper communication of advice and consultation, cataloging of all items available on Company computers, providing assistance and support to the Company’s worldwide operations, and any other services as reasonably requested by the CFO or Audit Committee Chairman (the “Consulting Services”). More specifically, the Consulting Services may include, without limitation, answering questions from the worldwide accounting staff of the Company and its subsidiaries, providing advice regarding US and international taxes and accounting principles, introduction to all commercial and investment bankers, accountants and attorneys that Consultant has dealt with and provision of all accounting, legal and other background information requested by the Company. The Consultant and Company agree that the Consulting Services shall not include any certifications under the S▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 (Pub. L. 107-204), or any management decisions. The Consultant and Company agree that proper performance of the Consulting Services may require up to 20 hours of Consultant’s business time each week during the first six weeks of the Consulting Term and up to 10 hours per week thereafter. The Consultant and Company further agree that the Consulting Services may generally be properly performed remotely via telephonic or electronic communication and that Consultant will not be required to perform any Consulting Services at Company’s offices unless his appearance is requested upon reasonable notice.
Consulting Commitment. During the Consulting Term, the Consultant shall make himself available to the Chief Executive Officer of the Company (the “CEO”), or his designees, upon reasonable notice and during normal business hours, to consult with the CEO or his designees regarding matters within the Consultant’s knowledge, expertise and experience, consistent with the services performed by the Consultant as Senior Vice President and Chief Administrative Officer of the Company (the “Consulting Services”). The Consulting Services shall be provided telephonically or electronically whenever possible, and in person as needed from time to time. The parties hereby agree that the Consultant’s time commitment for the Consulting Services to be provided pursuant to this Agreement shall not exceed 250 hours per year and in any event shall not exceed five hours per week, unless otherwise agreed to by the Consultant and the Company in writing.