Consulting Engagement. In exchange for your: (i) entering into this Agreement and allowing it to become effective; (ii) complying with it; and (iii) signing the Retirement Date Release and allowing it to become effective; then, as an additional benefit, the Company agrees to retain you as a consultant under the terms specified in the Consulting Agreement. Your consulting services to the Company under the Consulting Agreement are not expected to exceed more than 20% of the average level of services you performed to the Company in the three years preceding your Retirement Date.
Appears in 2 contracts
Sources: Transition and Retirement Agreement (Arena Pharmaceuticals Inc), Transition and Retirement Agreement (Arena Pharmaceuticals Inc)