Initial Services definition
Examples of Initial Services in a sentence
The Parties acknowledge and agree that consideration for the Initial Services and Continuing Services provided during the Initial Term shall be the issuance of Class B Interests (“Membership Interests”), as provided for pursuant to the Contribution Agreement and the Operating Agreement.
To the extent the Company wishes to expand the Services during the Initial Term (such expanded services, if agreed to by CCC, the “Additional Services” and, together with the Initial Services, and any Continuing Services, the “Services”), the Company shall give CCC written notice of such Additional Services, including proposed cash compensation for such Additional Services and expected time period for providing such Additional Services, which CCC may agree to provide in its sole discretion.