Advisory Period definition
Advisory Period means the period of 10 years commencing on the date hereof as it may be extended by agreement between the Trustee and the Advisory Trustee;
Advisory Period shall be the period from the Transition Date through January 31, 2012 (the “Termination Date”). Unless earlier terminated pursuant to Section 4, the Consultant’s consulting relationship with the Company shall terminate as of the Termination Date.
Advisory Period shall begin on April 1, 2021 (the "Effective Date") and shall continue for 12 months (the "Initial Term"), unless earlier terminated in accordance with Section l(g) of this Agreement. The first date of each such successive renewal term, if any, shall be deemed to be the “Effective Date” for such term for the purposes of Section 1(c) of this Agreement.”
Examples of Advisory Period in a sentence
Employee shall not be eligible for any bonus or incentive compensation for service performed after June 30, 2026; no bonus will be earned or paid with respect to the Advisory Period.
The Board may only terminate the Advisory Period before December 31, 2026 for Cause.
In addition, Employee agrees that she will not, directly or indirectly, participate in or serve any Competitive Business (as defined in her existing agreements) in a board or management role through the later of (i) the Advisory Period or (ii) the extended option exercise window set forth in Section 12, subject to applicable law.
No compensation earned solely for services during the Advisory Period shall be treated as “executive officer” incentive-based compensation for clawback purposes unless such treatment is expressly required by Applicable Law.
The Parties acknowledge the Advisory Period is a non-executive capacity.
More Definitions of Advisory Period
Advisory Period shall have the meaning set forth in Section 3(b).
Advisory Period means that period no earlier than January first,
Advisory Period shall have the meaning provided in Section 2.3(d).
Advisory Period shall begin on the day following the Execution Date (the “Effective Date”) and shall continue until the earliest to occur of:
(i) the third anniversary of the Effective Date (such three-year period from the Effective Date, the “Complete Term”);
(ii) the date on which the Board and/or the CEO notifies ▇▇▇▇▇▇▇ that it no longer requires ▇▇▇▇▇▇▇’▇ provision of the Advisory Services for any reason other than for Cause (as defined below), or the date of ▇▇▇▇▇▇▇’▇ death or permanent and total disability;
(iii) the date on which ▇▇▇▇▇▇▇ terminates the Advisory Period as a result of the Company’s failure to nominate him to the Board (other than in connection with the existence of Cause);
(iv) the date on which ▇▇▇▇▇▇▇ notifies the Board and/or the CEO that he no longer wishes to provide the Advisory Services for any or no reason; or
(v) the date on which ▇▇▇▇▇▇▇ is terminated by the Company as a result of his commission of any of the following act(s): (A) the willful material failure by ▇▇▇▇▇▇▇ to provide or perform the Advisory Services; (B) ▇▇▇▇▇▇▇’▇ commission of any felony or any crime involving moral turpitude; or (C) a Restrictive Covenant Breach (any such event under clause (A), (B) or (C), “Cause”). The Board or the CEO shall provide written notice of the same to ▇▇▇▇▇▇▇ (setting forth in reasonable detail the act(s) alleged to constitute Cause), who shall then have 15 days to cure such event of Cause, if and to the extent any occurrence of Cause is determined by the Board in good faith to be capable of cure. In order to terminate the Advisory Period pursuant to subsection (ii), (iii) or (iv) above, the Company or ▇▇▇▇▇▇▇, as applicable, must provide the other with at least 15 days’ prior written notice.
Advisory Period shall begin on the day following the Execution Date (the “Effective Date”) and shall continue for 12 months (the “Initial Term”), unless earlier terminated in accordance with Section 1(g) of this Agreement. The Initial Term shall be automatically renewed for successive 1-year periods (the Initial Term, together with such renewal terms, being the “Term”) until either party delivers to the other a written notice of their intent not to renew the Term, to be delivered at least 60 days prior to the expiration of the then-effective Term.
Advisory Period means the period beginning on January 1, 2002 and continuing thereafter until this Agreement is terminated by either party by providing the other party with 30 days' prior written notice of such termination; provided, however, that the Advisory Period shall automatically terminate upon the earliest to occur of (i) Mr. Roten becoming a full-time employee of any third party, (ii) Mr. ▇▇▇▇▇'▇ death or incapacity and (iii) the expiration of Mr. Rote▇'▇ ▇▇▇▇ ▇▇ a director of Holdings, his resignation as a dir▇▇▇▇▇ ▇▇ ▇▇ldings or his removal as a director of Holdings.
Advisory Period shall have the meaning ascribed to such term in Clause 4.1 below.