Consultancy Agreement. According to the terms of the Consultancy Agreement, attached hereto as Exhibit C, Clores shall be paid a consultancy fee in the amount of Twelve Thousand U.S. Dollars ($12,000) per month effective May 16, 2014. Effective October l, 2014, the consulting fees payable under the Consultancy Agreement shall not exceed $500 per hour for time actually spent by Clores on work approved by management of the Buyer.
Consultancy Agreement. According to the terms of the Consultancy Agreement, attached hereto as Exhibit C, Clores shall be paid a consultancy fee in the amount of Twelve Thousand U.S. Dollars ($12,000.00) per month payable in cash or shares of Buyer's stock or both. In any event, Clores' interest in Buyer shall not exceed Nine Percent (9%) ownership interest in Buyer's stock. Except as set forth in this Amendment, the Agreement is unaffected and shall continue in f:hll force and effect in accordance with its terms. If then) is a conflict between this Amendment and the Agreement, the terms of this Amendment will prevail. THE REMAINDER THIS PAGE INTENTIONALLY LEFT BLANK. THE SIGNATURE PAGE FOLLOWS.
Consultancy Agreement. 1.1 The preamble hereto and the appendices attached hereto form integral and binding parts of this Agreement.
Consultancy Agreement. (a) Employee shall enter into, and shall be conclusively deemed to have entered into, a consultancy agreement with Company upon the terms of this Section 8.4 (i) immediately upon termination of Employee’s employment without Cause by the Company or for Good Reason by Employee, or (ii) at the Company’s sole discretion, immediately upon the Company’s request following termination of Employee’s employment with Cause by the Company or without Good Reason by Employee. The term of the consultancy will commence on the date of termination of Employee’s employment and shall continue until the date that is six months following the date of termination of Employee’s employment (the “Consulting Period”). In exchange for Employee’s consulting services, Employee shall receive compensation during the Consulting Period at the same rate as Employee’s Base Salary in effect on the date of termination of Employee’s employment (“Consultancy Pay”), payable in equal monthly installments (subject to Section 6.6).
Consultancy Agreement. Without the prior written consent of Lender, not to be unreasonably withheld or delayed, Borrower shall not terminate the written Consultancy Agreement; provided, that Lender’s prior written consent shall not be required if (i) such termination by Borrower shall be for “For Cause” and (ii) Borrower shall replace the Consultant with a Person, in Lender’s reasonable judgment, providing comparable competency, experience and services to those of the Consultant at rates and terms reasonably comparable to, or more favorable to Borrower than, those of the Consultant.
Consultancy Agreement. 1.1 The preamble hereto and the schedules attached hereto form integral and binding parts of this Agreement.
Consultancy Agreement. 1.1 PV is engaged in the development, manufacture, marketing, sale, licensing and other forms of commercialization of innovative technologies, methods and devices relating to nano particles materials for printing Solar cells (the “Field”).
Consultancy Agreement. The principal terms of the Consultancy Agreement are summarized as follows: Date 20 April 2016 (after trading hours) Parties and Term
Consultancy Agreement. The Board would also like to announce that on 2 November 2017 (after the trading hours of the Stock Exchange), Noble Century (Khorgas), being an indirect wholly-owned subsidiary of the Company, and the Lessee entered into the Consultancy Agreement, pursuant to which, Noble Century (Khorgas) shall provide the Lessee consultancy service for a term of three (3) years at a total consultancy fee of RMB1,650,000 (equivalent to approximately HK$1,947,000). The total consultancy fee of RMB1,650,000 (equivalent to approximately HK$1,947,000) shall be payable by the Lessee to Noble Century (Khorgas) in the following manners:
Consultancy Agreement. Mr. Xxx entered into the Consultancy Agreement with Fundamental Assets on 27 December 2019, pursuant to which he will be appointed as a consultant of the Company for a period of two years, with effect from 1 January 2020. LISTING RULES IMPLICATIONS Pursuant to Rule 14A.07(2) of the Listing Rules, Mr. Xxx remains a connected person of the Company for a period of 12 months from the date of his resignation. The entering into of the Consultancy Agreement between Fundamental Assets and Mr. Xxx and the transactions contemplated thereunder therefore constitute a connected transaction for the Company. As one or more of the applicable percentage ratio(s) (as defined under the Listing Rules) in respect of the transactions contemplated in the Consultancy Agreement are more than 0.1% but less than 5%, the transactions contemplated under the Consultancy Agreement are subject to the announcement and reporting requirements but are exempt from circular and Shareholders’ approval requirements under Chapter 14A of the Listing Rules. Given that Mr. Xxx has a material interest in the Consultancy Agreement, he did not attend the Board meeting and therefore did not vote at the Board meeting to approve the Consultancy Agreement and the transactions contemplated thereunder. The board (the “Board”) of directors (“Directors”) of Tysan Holdings Limited (the “Company” and together with its subsidiaries, the “Group”) announces that the following changes in the composition of the Board and its committees will take effect from 1 January 2020.
