Consideration for Consulting Services. As consideration for the services to be performed by Consultant pursuant to paragraph 1, Consultant shall be entitled to a fee of Seventy-five Thousand and 00/100 Dollars ($75,000.00) which shall be payable in twelve (12) monthly installments on the fifteenth day of each month during the term of this Agreement. Consultant shall not be paid a director fee for serving as a director on Company’s board and those banks or bank holding companies upon which Consultant will be the Company’s representative. In addition, to assist Consultant with customer relations, the Company shall pay for or reimburse to Consultant the dues for a social membership at the Quincy Country Club, Quincy, Illinois.
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Samples: Consulting Agreement (Mercantile Bancorp, Inc.), Consulting Agreement (Mercantile Bancorp, Inc.), Consulting Agreement (Mercantile Bancorp, Inc.)
Consideration for Consulting Services. As consideration for the services to be performed by Consultant pursuant to paragraph 1, Consultant shall be entitled to a fee of Seventy-five Sixty Three Thousand Three Hundred and 00/100 Dollars ($75,000.0063,300.00) which shall be payable in twelve (12) monthly installments on the fifteenth day of each month during the term of this Agreement. Consultant shall not be paid a director fee for serving as a director on Company’s board and those banks or bank holding companies upon which Consultant will be the Company’s representative. In addition, to assist Consultant with customer relations, the Company shall pay for or reimburse to Consultant the dues for a social membership at the Quincy Country Club, Quincy, Illinois.
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