Common use of Consulting Period Clause in Contracts

Consulting Period. The Company hereby engages Consultant as a consultant, subject to the terms and provisions of this Agreement, for the period commencing at the Effective Time and ending on the later of (i) the first anniversary of the Effective Date or (ii) if Parent and Consultant, in consultation with the Company, mutually agree prior to such first anniversary to extend the term of this Agreement, the second anniversary of the Effective Date (the “Consulting Period”). Notwithstanding the foregoing, the Consulting Period shall be subject to earlier termination pursuant to Section 7 hereof.

Appears in 5 contracts

Samples: Consulting Agreement (Xto Energy Inc), Consulting Agreement (Xto Energy Inc), Consulting Agreement (Xto Energy Inc)

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Consulting Period. The Company hereby engages Consultant as a consultant, subject to the terms and provisions of this Agreement, for the period commencing at the Effective Time Closing and ending on the later of fifth (i5th) the first anniversary of the Effective Date or (ii) if Parent and Consultant, in consultation with the Company, mutually agree prior to such first anniversary to extend the term of this Agreement, the second anniversary of the Effective Date (the “Consulting Period”). Notwithstanding the foregoing, the Consulting Period shall be subject to earlier termination pursuant to Section 7 hereof.

Appears in 4 contracts

Samples: Consulting Agreement (Energy Transfer Equity, L.P.), Consulting Agreement (Southern Union Co), Consulting Agreement (Energy Transfer Equity, L.P.)

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Consulting Period. The Company hereby engages Consultant as a consultant, subject to the terms and provisions of this Agreement, for the period commencing at the Effective Time and ending on the later of (i) the first anniversary of from the Effective Date or and continuing through the date which is two (ii2) if Parent and Consultant, in consultation with the Company, mutually agree prior to such first anniversary to extend the term of this Agreement, the second anniversary of months following the Effective Date (the “Consulting Period”). Notwithstanding the foregoing, the Consulting Period shall be subject to earlier termination pursuant to Section 7 Sections 3 and 6 hereof.

Appears in 2 contracts

Samples: Transition and Separation Agreement (United Online Inc), Consulting Agreement (United Online Inc)

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