Common use of Responsibilities of Advisor Clause in Contracts

Responsibilities of Advisor. Advisor agrees to become a management consultant to Company with respect to the evaluation of the current business development programs and growth strategies, and make recommendations as to possible ways to focus the assets and management resources to achieve long-term growth. Advisor will complete an analysis of Company's current operation and management structures. Advisor will work with management to evaluate all strategic plans and evaluate the current capabilities of Company in view of its organization and resources. In addition, Advisor will continue in the role of business development for Company. It is understood that this program of business development may involve the Company in possible business combination or joint venture transactions. None of the services to be provided by Advisor under this Agreement shall be in connection with the offer and sale of securities of ACCI in a capital raising transaction, nor shall such services directly or indirectly promote or maintain a market for any of ACCI's securities. Advisor shall provide Company with his opinion and recommendations with respect to the most appropriate means of meeting corporate goals; however, the implementation of such recommendations shall be at the sole and exclusive option of Company.

Appears in 5 contracts

Samples: Business Advisory Agreement (American Career Centers Inc), Business Advisory Agreement (American Career Centers Inc), Business Advisory Agreement (American Career Centers Inc)

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