Advice to Management Teams Sample Clauses

Advice to Management Teams. 3.1 The Consultant shall be entitled to visit (and to receive all invitations and minutes) not as a member but solely in an advisory role the Portfolio Management Team meetings of the Company (or a successor body designated by the CEO in which product and technology opportunities are discussed). Before attending any of the meetings of the Portfolio Management Team the Consultant shall meet with the CEO to review any significant objections the Consultant might have and to coordinate the positions to be taken in such meeting. 3.2 The Consultant shall further be allowed to attend meetings of the Technology Council and Scientific Advisory Committee (as far as meetings with scientific consultants are on the agenda), in each case if the CEO has invited him to attend such meeting. Regardless of whether the Consultant has been invited the Consultant shall receive for information purposes the invitations and the minutes of all such meetings. 3.3 Given the former position of the Consultant as CEO of the Company it shall be reviewed in December 2004 if a permanent invitation of the Consultant to all of the above-mentioned meetings is in the best interest of the Company including, without limitation, the strength of Company´s new leadership. Subsequent to such review the CEO shall have the right to suggest to the board that this visitation right be revoked. The parties agree that such proposal shall be decided on by the Supervisory Board.
Sample 1
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