Additional Services and Modifications to Consultant’s Remuneration Sample Clauses

Additional Services and Modifications to Consultant’s Remuneration a. Additional Services relating to Nexsan/IronKey – The Client hereby retains the Consultant to perform the following additional Services during the period from November 17, 2015 through December 31, 2015: Assisting the Client, via close collaboration with members of Management, to: (i) analyze the operations of the Client’s Nexsan/Connected Data business unit in order to make such operations more efficient and to reduce discretionary expenditures and overhead, such analysis to include development of a detailed understanding of Nexsan’s and Connected Data’s cost structures and to emphasize accounts receivable management, inventory management, accounts payable management, restructuring of corporate functions, strategic analysis of locations, organizational and functional personnel structures, headcount reduction, and other aspects identified by the Client and the Consultant, (ii) formulate: (A) a business plan (the “Nexsan Business Plan”) designed to improve the business of Nexsan/Connected Data and enhance shareholder value relating thereto and (B) a related integrated, rolling, computer-based budget (the “Nexsan Budget”) on a monthly (cash) basis for the period from December 1, 2015 through December 31, 2016, such Budget to reflect the overall Nexsan Business Plan and include explanation of the underlying budget assumptions, and projections for: (1) income statement, (2) balance sheet, (3) inventory, (4) cost of sales, (5) selling, general and administrative expenses and (6) specific employees or positions for staffing, (iii) identify the detailed action steps needed to achieve the objective for each critical area set forth in the Nexsan Business Plan and the timetable(s) for implementation of such steps (such objectives to include, among others, rationalizing Nexsan’s and Connected Data’s operating costs and workforce) and (iv) develop a detailed understanding of the IronKey business unit’s cost structure.
Sample 1
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Additional Services and Modifications to Consultant’s Remuneration a. Extended Services relating to Nexsan/Connected Data and IronKey – The Client hereby retains the Consultant to continue to perform the additional Services relating to Nexsan/Connected Data and IronKey (as specified in the Second Amendment) during the period from January 1, 2016 through such date as Nexsan/Connected Data may determine (in its sole discretion) (such period, the “Extended Term”).
Sample 1

Related to Additional Services and Modifications to Consultant’s Remuneration

  • Modification of Services The Company may modify its selection of services at any time during the calendar year by giving DRS written notice of the additional services it wishes to receive, and/or the services it no longer wishes to receive, from DRS. The requested modification in services shall take effect on the first day of the first calendar month beginning at least thirty (30) days after the Company sent written notice to DRS.

  • Compensation for Consulting Services For each quarter (i.e., three-month period) that Executive provides consulting services to MediciNova pursuant to the option of MediciNova contained in Section 9 above, MediciNova shall pay Executive a sum equal to fifteen percent (15%) of Executive’s annual Base Compensation which shall be applicable at the time of Executive’s termination of employment with MediciNova (prorated for any period of less than a quarter). The parties expressly agree that when Executive is performing consulting services for MediciNova, Executive is acting as an independent contractor. Therefore, Executive shall be solely liable for Social Security and income taxes that result from Executive’s compensation as a consultant. In addition, Executive shall not be entitled to any other benefits including, without limitation, such group medical, life and disability insurance and other benefits as may be provided to employees and/or executives of MediciNova.

  • Transitional Nature of Services; Changes The Parties acknowledge the transitional nature of the Services and agree that notwithstanding anything to the contrary herein, each Service Provider may make changes from time-to-time in the manner of performing the Services if such Service Provider is making similar changes in performing similar services for itself and/or its Affiliates; provided that Service Provider must provide Service Recipient with at least thirty (30) days prior written notice of such changes.

  • Services and Compensation Consultant agrees to perform for the Company the services described in Exhibit A (the “Services”), and the Company agrees to pay Consultant the compensation described in Exhibit A for Consultant’s performance of the Services.

  • Services to Other Clients; Certain Affiliated Activities (a) The relationship between the Asset Manager and the Series is as described in this Agreement and nothing in this Agreement, none of the services to be provided pursuant to this Agreement, nor any other matter, shall oblige the Asset Manager to accept responsibilities that are more extensive than those set forth in this Agreement.

  • Additional Services In addition to, and neither in lieu nor in contravention of, the services set forth in the above paragraph, the Transfer Agent shall perform the following services:

  • New Services (a) From time to time during the term of this Agreement, either Party may request the other Party to provide additional or different services which such other Party is not expressly obligated to provide under this Agreement (excluding, for the avoidance of doubt, any Additional Services or Service Increases, the “New Services”). The Party receiving such request shall consider such request in good faith; provided, however, that no Party shall be obligated to provide any New Services, including because, after negotiations between the Parties pursuant to Section 2.04(b), the Parties fail to reach an agreement with respect to the terms (including the Service Charges) applicable to the provision of such New Services.

  • Transitional Services Seller shall provide to Buyer, with respect to each Specified Business, upon written request from Buyer received by Seller no later than 30 days prior to the Closing Date, such services as may be reasonably requested by Buyer in connection with the operation of such Specified Business for a commercially reasonable transition period following the Closing to allow for conversion of existing or replacement services, in each case to the extent and only to the extent Seller or its Affiliates retains the Assets and employees necessary to allow the provision of such services (“Transitional Services”). In addition, between the date hereof and the Closing, Seller shall use commercially reasonable efforts to cooperate with Buyer to assist Buyer in developing and implementing a plan of transition. Buyer shall promptly reimburse Seller for the reasonable out-of-pocket costs and any incremental costs and expenses necessary to provide Transitional Services. All other terms and conditions for the provision of Transitional Services shall be reasonably satisfactory to both Buyer and Seller and subject to applicable Law.

  • Scope of Services The scope of services to be provided by BNYM under this Agreement shall not be increased as a result of new or revised regulatory or other requirements that may become applicable with respect to the Company, unless the parties hereto expressly agree in writing to any such increase. BNYM shall not be obligated to develop or implement Upgrades, but to the extent it elects to do so Section 3.1 shall apply.

  • Transitional Nature of Services The Parties acknowledge the transitional nature of the Services and agree to cooperate in good faith and to use commercially reasonable efforts to effectuate a smooth transition of the Services from the Provider to the Recipient (or its designee).

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