During the Consulting Period Sample Clauses
The "During the Consulting Period" clause defines the rights, responsibilities, and expectations of the parties while the consulting arrangement is in effect. Typically, it outlines the consultant's duties, deliverables, and any restrictions or obligations that apply during the period of engagement, such as confidentiality, reporting requirements, or use of company resources. This clause ensures both parties are clear on what is expected throughout the consulting term, helping to prevent misunderstandings and disputes regarding performance or conduct during the engagement.
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During the Consulting Period. (i) The USS Group hereby agrees to pay to REG the amount of $50,000 annually, payable monthly in arrears for the Consulting Services set forth in Section 2 (a) hereof.
(ii) The USS Group hereby agrees to pay to REG the amount of $1,000 per day for any Consulting Services provided pursuant to Section 2(b) hereof.
During the Consulting Period. (i) you will be entitled to the use of the office which we have leased for you and the use in connection with your consulting services of such supplies, telephones and other office equipment and services reasonably determined by the Companies;
(ii) upon presentation of appropriate documentation, the Companies will reimburse you, in accordance with their normal practices, for the reasonable business expenses incurred by you in the performance of your services hereunder, provided the nature and extent of such disbursements are approved by Dr. ▇▇▇▇▇▇ ▇▇ the General Manager in advance;
(iii) you will be entitled to continue in force your current group medical and other insurance, and shall be entitled to participate in any successor group medical or other insurance made available to the employees of Cosmar, but shall, as an independent contractor, reimburse the Companies for their cost of providing same;
(iv) you will not be entitled to the use of any credit card or automobile;
(v) you will not be entitled to the services of an assistant or to a development budget, and will have no responsibility for any product development.
During the Consulting Period. JRP agrees that, during the Consulting Period, JRP will serve Company as an advisory consultant to Company (either directly or, at JRP’s election, indirectly through the Consulting Company) in the activities requested by the Chairman or the CEO. JRP will perform such services under the general direction of Company’s officers. During the Consulting Period, JRP agrees to perform all duties to the best of her ability and to devote a sufficient percentage of her working time to the performance of duties hereunder for Company; provided, that JRP will be required to provide to Company no more than 20% of the average level of bona fide services she performed during the Employment Period. JRP will not access any of Company’s files (electronic or otherwise) or remove any Company files (electronic or otherwise) or information from Company’s premises unless specifically authorized by an officer of Company. It is anticipated that during the Consulting Period JRP will perform in good faith all lawful consulting functions assigned to JRP by the Chairman or the CEO. JRP shall not be under the control of Company as to the time, place, manner or means by which the consulting services are provided. During the Consulting Period, JRP shall not have the status or any rights of being an employee of Company and shall not participate in or receive any employee benefits pursuant to plans, group insurance, programs or arrangement (including, but not limited to, those providing for salary, vacation, bonus or incentive compensation, retirement, disability, medical and dental) that Company provides or makes available to its employees, other than pursuant to COBRA. JRP shall provide Company with a properly completed IRS W-9 within one (1) week after the commencement of the Consulting Period. Company shall issue an IRS Form 1099 for its payments to JRP pursuant to Section 3(b). Because JRP is an independent contractor during the Consulting Period, JRP is solely responsible for all taxes, withholdings, and other similar statutory obligations for herself and agrees that she shall satisfy all such obligations.
During the Consulting Period. The Company shall pay a retainer fee to Consultant of $250,000 per annum (the "Consulting Payment"). ------------------
During the Consulting Period. Subject to the terms and conditions of this Agreement, during the Consulting Period, Company shall pay JRP or the Consulting Company a monthly fee equal to $33,333.33 for each month during the Consulting Period, which amount will be prorated for any partial month period. The aggregate fee shall be payable in two installments with: (i) the first installment being a payment in advance for the period commencing on August 27, 2022 and ending on November 4, 2022, which is due on August 29, 2022; and (ii) the second installment being a payment in arrears for the period commencing on November 5, 2022 and ending on the last day of the Consulting Period, which is due on February 27, 2023 (subject to applicable withholding, if applicable). In addition, during the Consulting Period, JRP shall be reimbursed by Company for reasonable out-of-pocket expenses for travel, meals, lodging and similar items which are actually incurred by JRP in connection with the Company Business, provided that such expenses are approved by the CEO.
During the Consulting Period. Subject to Executive’s execution, non-revocation and compliance with this Agreement and the Award Agreements and the Supplemental Release, during the Consulting Period, the Company shall pay Executive fees in an amount of $145.00 per hour for hours worked and invoiced in writing to the Company on a monthly basis, prorated for partial hours (the “Consulting Fees”). The Consulting Fees shall be paid monthly in arrears by the Company net thirty (30) calendar days from the date of receipt of invoice (but in any event no later than the March 15th following the calendar year in which such consulting services are rendered). For the avoidance of doubt, Executive shall cease to be eligible for the benefits set forth in this Section 3(c) upon the termination of the Consulting Period for any reason and by either party, except with respect to any accrued but unpaid hourly fees for services rendered prior to the termination of the Consulting Period.
During the Consulting Period. Subject to Executive’s execution, non-revocation and compliance with this Agreement and the Award Agreements and the Supplemental Release, during the Consulting Period, the Company shall pay Executive fees at a monthly rate of $20,868.75, prorated for partial months. For the avoidance of doubt, Executive shall cease to be eligible for the benefits set forth in this Section 3(c) upon the termination of the Consulting Period for any reason and by either party, except with respect to any accrued but unpaid hourly fees for services rendered prior to the termination of the Consulting Period.
During the Consulting Period. ▇. ▇▇▇▇▇ shall be paid a salary at the rate of $271,000.00 U.S. per year, less any required or authorized withholding and deductions, through September 30, 2001. Thereafter, for the remainder of the Consulting Period, ▇▇▇▇▇ shall be paid a salary at the rate of $417,000 Canadian per year. ▇▇▇▇▇ will receive periodic salary payments on the Company's and Canada Starch's regularly scheduled pay days in accordance with the Company's and Canada Starch's established payroll practices.
ii. Except as set forth herein, ▇▇▇▇▇ shall continue to participate through September 30, 2001, in any available Company employee benefit plans (including without limitation life and health insurance plans) in accordance with the terms and conditions of such plans, as they may be amended from time to time. From October 1, 2001, through the remainder of the Consulting Period, ▇▇▇▇▇ shall participate in any available Canada Starch employee benefit plans (including without limitation life and health insurance plans) in accordance with the terms and conditions of such plans, as they may be amended from time to time. Notwithstanding the foregoing, (a) ▇▇▇▇▇ will continue to participate in the Company's Executive Life Insurance Plan in accordance with the terms and conditions of the plan, as it may be amended from time to time, and (b) ▇▇▇▇▇ will be covered under the Company's health insurance plan through December 31, 2001, and thereafter, until the end of the Consulting Period, under Canada Starch's health insurance plan.
iii. ▇▇▇▇▇ shall be permitted to make contributions to the Corn Products International, Inc. Retirement Savings Plan in accordance with the terms and conditions of such plan, as it may be amended from time to time, through September 30, 2001; thereafter, he shall participate in the Pension Plan for Salaried Employees of the Canada Starch Operating Company, Inc. through the end of the Consulting Period.
iv. ▇▇▇▇▇ shall continue to participate in the Corn Products International, Inc. Supplemental Executive Retirement Plan in accordance with the terms and conditions of such plan, as it may be amended from time to time, through September 30, 2001.
▇. ▇▇▇▇▇ will receive benefits under the Corn Products International, Inc. Performance Plan, in accordance with the terms and conditions of the plan, as it may be amended from time to time.
vi. The Company will pay ▇▇▇▇▇ a lump sum of ten thousand and 00/00 United States dollars ($10,000.00 U.S.), less withholding as required by...
During the Consulting Period. Consultant shall render consulting services, as Special Consultant to the Board of Directors, with respect to such aspects of the Company's business as the Chairman of the Company, or his successors, may request and with respect to assisting in risk management, corporate governance and support infrastructure (the "Services"). Additionally, Consultant shall render such Services as Mark Nienstedt, currently Acting President and Chief Executive Office▇ ▇▇ ▇▇▇ ▇▇▇▇▇ny, may request.
