Advisory Period. If Executive’s Executive Employment is terminated as provided for in paragraph (a) above and such termination was not with cause, then the Company shall retain him as an advisor and consultant for a period of two years after termination (the “Advisory Period”).
Advisory Period. If EXECUTIVE's Employment is terminated as provided in paragraph (1.1) above, or in any other manner, he shall nevertheless be retained thereafter by NUTEK OIL as an advisor and consultant until March 31, 2014 (Advisory Period).
Advisory Period. (i) Executive shall separate from his position of Executive Vice President Chief Commercial Officer of the Company as of June 7, 2019 and will be employed in the alternate full-time position of Senior Advisor from June 8, 2019 through January 1, 2020 (the “Advisory Period”). As a senior advisor, Executive will assist with the transition and advise the new Vice President of Loyalty and shall have no other paid employment other than as provided in Section 10(e).
(ii) The Company may terminate Executive’s employment as a Senior Advisor as provided in Section 12.
(iii) Executive may terminate Executive’s employment as a Senior Advisor at any time. If Executive voluntarily terminates the Advisory Period no earlier than 120 days from the commencement of the Advisory Period with the Company’s consent (as set forth in Section 10(a)), the Executive’s Advisory Period early termination with the Company’s consent shall commence the provision of benefits under Sections 3(b)-(j). To the extent that any of those benefits are time limited, they shall conclude as of an earlier time as triggered by the early termination of the Advisory Period. For the avoidance of doubt, for example, if Executive were to voluntarily terminate the Advisory Period on November 15, 2019 in accordance with the provisions of Section 10 and with Company consent, salary continuation and medical and dental benefits coverage would commence on November 16, 2019 and the applicable medical and dental benefit coverage would conclude on November 30, 2020 (subject to Executive’s right to elect continuation coverage under COBRA). If Executive terminates the Executive’s employment as a Senior Advisor within 120 days from the commencement of the Advisory Period or without the Company’s consent as provided in Section 10(a), the Company’s obligation to make or continue future payments and benefits under this Agreement shall terminate, and Executive shall be required to repay to the Company any payments and benefits previously paid to him (other than amounts required by law and $1.00) under this Agreement within three business days of such termination.
(iv) Should Executive die or become disabled during the Advisory Period, the Company shall include any remaining salary payments due to him through the Termination Date (as defined below) into a lump sum payment, less all applicable withholdings and deductions, to be made within 15 business days of Executive’s execution and non-revocation of the Bring Down Release...
Advisory Period. If the Executive did not elect premium reimbursement from the Company, group term life insurance equal to the amount provided at the end of the Transition Period will be continued until the end of the Advisory Period.
Advisory Period. The Member is appointed to serve on the Advisory Board commencing on the date hereof and continuing until the two-year anniversary of the Effective Date, unless terminated earlier as provided herein (the “Advisory Period”). The board of directors of the Bank may retain or terminate the Advisory Board following the two-year anniversary of the Effective Date. To the extent that the Advisory Board is retained for more than two years following the Effective Date, compensation to the Member for Advisory Board services following the two-year anniversary of the Effective Date will be established no later than the two-year anniversary of the Effective Date.
Advisory Period. The Member shall be appointed to serve on the Georgia Advisory Board commencing on the Closing Date (as defined in the Merger Agreement) (the “Effective Date”) and shall continue to serve until the third anniversary of the Effective Date, unless terminated earlier as provided herein (the “Advisory Period”).
Advisory Period. You will serve as an independent contractor of the Company for the two (2) year period commencing immediately upon your Separation due to termination of your employment by the Company without Cause or your resignation of employment with the Company for Good Reason (such two (2) year period, the “Advisory Period”).
Advisory Period. Immediately following the CFO Transition Period, and without a break in service with the Company, you will commence advisory transitional services as reasonably requested by the Company’s Chief Executive Officer, the CFO or the Board of Directors for a period equal to the later of (a) the seven (7) month anniversary of the date your intended transition was publicly announced (August 1, 2024) and (b) the one (1) month anniversary of the Employment Separation Date (such actual period you provide such advisory transitional services, the “Advisory Period,” and together with the CFO Transition Period, the “Transition Periods”). Such advisory services will be provided for no less than ten (10) hours per month (and not to exceed twenty (20) hours per month) and you will be compensated for such advisory services at the rate of $59,583 per month, or, if greater, at the monthly rate of 1/12th of your regular annual base salary in effect as of the Employment Separation Date, during the Advisory Period. In performing the advisory services, you will be an independent contractor and not an employee or agent of the Company. The Company will share confidential information with you as it deems necessary to effectively carry out the advisory services. During the Transition Periods, your Equity Awards (as defined below) will continue to vest in accordance with their terms. For the avoidance of doubt, if you remain a Service Provider (as such term is defined in the Company’s 2020 Equity Incentive Plan (the “2020 Plan”)) through December 31, 2024, but the Transition Periods end prior to the Determination Date (as such term is defined in the Award Agreement) for any reason, then the performance-based restricted stock unit award granted to you on April 13, 2023 (the “Award”), and governed by the “Restricted Stock Unit Agreement (Performance-Based)” (the “Award Agreement”) will remain outstanding through the Determination Date and the date such Award is settled to the extent it is determined that any shares subject to the Award are earned pursuant to the terms of the Award Agreement.
Advisory Period. (a) On the Transition Date, provided that the Executive enters into, does not revoke and complies with this Agreement (including the provisions incorporated by reference herein), and does not resign before April 1, 2024, and his employment is not terminated by the Company for Cause or due to his death or disability ((i) and (ii) together, the “Conditions”), the Executive shall be retained by the Company to provide advisory services as an independent contractor, with no break in service relationship under the Equity Documents and will continue vesting in his outstanding equity awards until September 30, 2024. Notwithstanding anything to the contrary herein, the Advisory Period as defined herein shall end on the earlier of (i) September 30, 2024, or (ii) immediately on the date that the Executive terminates the consulting arrangement or the Company terminates the consulting arrangement for a material breach by the Executive of this Agreement. The period of independent contractor service under this Agreement is referred to herein as the “Advisory Period.”
(b) During the Advisory Period, the Executive shall assist with the transition and provide advisory services with respect to operating matters (the “Services”), provided that the Services shall total no more than thirty (30) hours per calendar month. The Executive agrees that other than in the course of providing the Services, he will not use or disclose any confidential information of the Company or any third party to which the Company owes a duty of confidentiality. This confidentiality obligation is in addition to, and not in lieu of, the Restrictive Covenant Obligations (as defined in the Employment Agreement) and any other ongoing confidentiality obligations the Executive has to Company. The Executive shall continue to be subject to the Company’s xxxxxxx xxxxxxx policy to the extent applicable.
(c) During the Advisory Period, the Executive shall no longer be an employee of the Company, but shall be retained as an independent contractor and shall have no authority to bind the Company. The Executive shall not be eligible to participate in any vacation, bonus, incentive compensation, change in control, severance, group medical or life insurance, disability, profit sharing or retirement benefits, or any other fringe benefits or benefit plans offered by the Company to its employees (except that the last day of the Executive’s participation in the Company’s group medical plan will be the last day of the month...
Advisory Period. If EXECUTIVE's Employment is terminated as provided in paragraph (1.1) above, or in any other manner, he shall nevertheless be retained thereafter by GREENSTART as an advisor and consultant until October 31, 2017 (Advisory Period).
