Senior Advisor Role. Under the Senior Advisor role you will provide strategic advice as and when requested by the Company’s CEO and/or General Counsel from time to time on matters affecting the Company's business, operations, projects, and initiatives. The initial term of that relationship will be twelve (12) months from the date of this Agreement and it shall renew for subsequent twelve (12) month terms unless either party provides the other party notice of its intent not to renew at least thirty (30) days prior to the beginning of the next renewal term. During the term of your advisory role, you shall be paid $10,000 per month as compensation. Attached as Exhibit C is the Statement of Work that will be executed concurrently with this Agreement and will govern your provision of such services. The Statement of Work, together with the Xxxxxx General Supplier Terms & Conditions referenced in Exhibit C, shall be referred to herein as the “Advisory Services Agreement”. 2. 3.
Senior Advisor Role. Provided Executive has remained employed in Good Standing during the Term, in the final ninety (90) days of the Term, the Company agrees to engage in good faith discussions with the Executive about the Executive transitioning to a senior advisor role that allows the Executive to maintain the relationships he has on behalf of the Company while continuing to be eligible to participate in certain investment opportunities, subject to the Company policy generally applicable to senior executives of the Company at the time and as permitted by law.
Senior Advisor Role. Effective on July 1, 2023, you will transition into the non-executive, temporary employee role of Senior Advisor to the Company and the Founder. In this role you will be expected to work two weeks per month. You will be responsible for supporting the Company’s leadership transition to a new President and Chief Executive Officer, and you shall perform related tasks commensurate with your position as Senior Advisor and former Chief Executive Officer, as may be reasonably requested of you by the Founder, to whom you will directly report. You will retain access to your email address, your executive assistant, and the Company’s information technology support team.
Senior Advisor Role. The Parties hereby agree that, from the Effective Date through December 31, 2015 (the “Severance Date”), Executive will serve as a senior advisor to the Company. In connection with this role, Executive shall: (a) follow the direction of the Chairman of the Board of Directors of the Company; (b) be available to provide at least twenty-five (25) hours of services each week at mutually agreeable times; and (c) be subject to, and shall follow, all policies and practices applicable to employees of the Company. During the period of Executive’s service as a senior advisor, and subject to Executive’s continued performance in all material respects throughout such period of his obligations set forth in this Section 2 and otherwise as required by this Agreement, Executive shall be entitled to the compensation and benefits described in Section 4 and shall be entitled to continue to participate in the Company’s health insurance plans and other benefits as described in Exhibit A attached hereto. Other than as herein expressly set forth, Executive shall not be entitled to any other payments or benefits from any Group Company in connection with his service as a senior advisor for the Company or otherwise in respect of the period following the Effective Date and to and including the Severance Date. Following the Effective Date and until the Severance Date, Executive shall not have or agree to commence any other employment, advisory, consulting or other roles for or with “for profit” businesses or entities other than the Company as contemplated in this Agreement; provided that Executive may provide mentoring services to executives and may deliver general business presentations (that is, for general business concepts and strategies, not relating to the Company or engaging in business in any particular industry) to “for profit” and “not for profit” entities. Furthermore, any presentations or other communications that reference the Company must receive prior written approval from the Chairman of the Board of Directors of the Company. For all purposes of this Agreement, if the Company believes Executive is not performing in all material respects as required by this Agreement, and the Company intends to assert such lack of performance in a manner which would cause a material diminution of the benefits of this Agreement to Executive, the Company will provide notice of such lack of performance and Executive will have five (5) business days to cure such lack of performance.
