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.
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 twelve (12) 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.
(b) During the Consulting Period, Employee agrees to make himself or herself available to the Company for up to ten (10) hours per week, whether by telephone, e-mail, or in person, on an as-needed basis to consult with respect to matters that were within Employee's job description during the course of Employee's employment. Employee agrees to respond promptly, reasonably and cooperatively to the Company's requests for assistance. Barring special circumstances, the consulting hours shall not be cumulative; accordingly, hours not used within a given week will be waived by the Company, but Employee will receive his full pay under Section 8.4(a). However, the Company reserves the right to require Employee to provide more than ten (10) hours of service per week in the event that special circumstances arise in which Employee's unique assistance is required by the Company. (Examples of special circumstances include, but are not limited to assistance in litigation or responding to regulatory inquiries). Notwithstanding the foregoing, in the event that Employee accepts employment or other consulting work within the Consulting Period, Employee will be required to spend no more than five (5) hours per week consulting with the Company.
(c) In order to protect the Company's confidential and trade secret information from use or disclosure to a party other than the Company, and to enable the Company to be able to obtain the benefits of Employee's consulting obligations hereunder, Employee agrees that dur...
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”).
1.2 PV wishes to retain the Company and its principal Dr. Fernando de La Xxxx (the “Principal”) in order to provide PV with certain services as described in the attached Appendix A (the “Services”) as of August 1st 2009 (the “Effective Date”), and the Company agrees to provide these Services.
1.3 The Company will provide the Services solely through the Principal. The Company and the Principal may not employ/retain other persons for the performance of the Services, nor may they assign or sub-contract the performance hereunder to any third party, without the prior written consent of PV.
1.4 The Company agrees to cause the Principal to dedicate most of his time, experience, talent, expertise and knowledge to the provision of the Services, and to perform the Services in a loyal and dedicated manner, and in accordance with PV’s policies made and updated from time to time, provided such policies have been brought to the attention of the Company and the Principal. PV acknowledges that the Company and the Principal are conducting and will continue to conduct other business activities during the period of this Agreement. The Principal and the Company may conduct other business activities provided that During the term of this Agreement the Principal and the Company shall not engage in any activity, commercial or otherwise, if such activity can reasonably be expected to create or assist a conflict of interests or competition with PV in the Field.
1.5 The Company is an independent contractor. The parties do not intend, and this Agreement and the performance hereunder shall not be construed to give effect to employment, partnership, joint venture or agency relations between the parties or between the Principal and PV.
1.6 Neither the Company nor the Principal is allowed to obligate and/or bind PV in any way and/or to create any commitments on PV’s behalf, except as required for the performance of the Services and as authorized by PV.
1.7 The Company and the Principal declare to PV that they are under no restrictions towards any third party as to the rendering of the Services to PV and execution of this Agreement.
Consultancy Agreement. 1.1 The preamble hereto and the appendices attached hereto form integral and binding parts of this Agreement.
1.2 The Company hereby retains the Consultant, and the Consultant agrees to act as the Company's VP Sales and Marketing and to provide the Company with the Services, effective as June 18th 2015 (the "Effective Date"). The scope of the Services will be as set forth in Schedule A.
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.
1.2 Subject to receipt all required approvals under Companies Law including the approval of the shareholders, the Company hereby retains the Consultant in order to provide the services of the Company CEO as described in Schedule 1 of this Agreement (the “Services”), effective as of June 1st, 2021 (the “Effective Date”), and during the Term (as defined below) of this Agreement and the Consultant agrees to provide these Services. The scope of Services shall be agreed between the Parties from time to time.
1.3 The Consultant shall report directly to the Board of Directors (“BoD”) of the Company.
1.4 The Consultant will provide the Services solely via its employees and/or consultants, and may not assign or sub-contract the performance of the Services to any third party, without the prior written consent of the Company. The Services shall be provided by Mr. Xxx Xxxxxxxxx (“Ran”) in the position of CEO.
1.5 Ran shall be entitled to enter into an indemnification and exemption agreement with the Company and to be included in the Company's D&O Insurance. Ran shall be responsible to procure a professional liability insurance policy with respect to the Services provided by him to the Company and the Company shall be an additional insured.
1.6 The Consultant will cause Ran to dedicate his full time and to the extent agreed upon between the Parties and to dedicate their best experience, talent, expertise and knowledge for the provision of the Services, and to perform the Services in a loyal, conscientious and dedicated manner, and in accordance with the Company's policies as may be in effect from time to time and with reasonable instructions of the Company’s BoD. During the Term of this Agreement, the Consultant shall not engage in any activity, commercial or otherwise, if such activity can reasonably be expected to create or assist in creating a conflict of availability or a conflict of interest or competition with the Company, or interfere with the full efforts needed for performing the tasks in the Company.
1.7 The Consultant confirms that he doesn’t bring or was required to bring to the Company any proprietary materials of third parties, and that the Consultant is under no restrictions regarding the rendering of the Services to the Company and the execution of this Agreement.
1.8 The Consultant is an independent contractor. The Services are provided to the C...
Consultancy Agreement. 1.1. The preamble hereto and the appendices attached hereto form integral and binding parts of this Agreement.
1.2. The term "Group" as used in this Agreement shall mean the Company and any of the Company's present or future subsidiaries in which the Company is a shareholder, directly or indirectly, as currently exist and as may exist in the future.
1.3. The Company wishes to retain the Consultant’s services described in the attached Appendix A (the “Services”) pursuant to the terms set out herein, and the Consultant agrees to provide these Services. The scope of the Services will be as set forth in Appendix A.
1.4. The Principal shall be entitled to enter into indemnification and exemption agreement with the Company and to be included in the Company's D&O Insurance, once consummated by the Company.
1.5. The Consultant will provide the Services solely via the Principal and neither the Consultant nor the Principal may employ/retain other persons for the performance of the Services, or assign or sub-contract the performance hereunder to any third party, without the prior written consent of the Company. The Consultant agrees to cause the Principal to dedicate his time (to the extent agreed upon), experience, talent, expertise and knowledge for the provision of the Services, and to perform the Services in a loyal and dedicated manner and in accordance with the Company’s policies and instructions.
1.6. The Consultant hereby declares that neither it nor the Principal are under any restrictions regarding the rendering of the Services to the Company and the execution of this Agreement.
1.7. The Consultant is an independent contractor. The Parties do not intend, and this Agreement and the performance hereunder shall not be construed to give effect to employment, partnership, joint venture or agency relations between the Parties and/or between the Company and the Principal. The Consultant and the Principal undertake not to present any claims against the Company in that regard.
1.8. Should the Consultant, the Principal or any other party on their behalf present any claim against the Company for compensation, based upon allegation of employee-employer relations or otherwise, the Consultant will indemnify and hold the Company harmless for and against such claims, and the Company may offset any sum it may owe the Consultant against the due indemnification sums. Furthermore, the Consultant agrees that if a claim is filed by the Principal or any other party on its behalf ...
Consultancy Agreement. 1.1. ( The Agreement) The following documents together comprise the Consultancy Agreement:
(a) Documents issued by the Funding Body and provided to the Consultant;
(b) Any Special Condition as specified in Part A - Schedule 4;
(c) Part B - Consultancy Agreement Terms and Conditions;
(d) Part A - Project specific details, including Schedules 1 to 4 and the execution page;
(e) Annexures and other documentation (if any).
Consultancy Agreement. 1.1 The Company hereby retains the Consultant in order to provide the Company with the services as described in the attached Schedule A (the “Services”) as of January 1, 2012 (the “Effective Date”), and the Consultant agrees to provide the Company with the Services at such scope, times and places as are agreed from time to time between the Company’s authorized representative and the Consultant.
1.2 The Consultant may not employ/retain other persons for the performance of the Services, nor may he assign or sub-contract the performance hereunder to any third party, without the prior written consent of the Company.
1.3 The Consultant agrees to dedicate its time to the extent agreed upon between the parties and to dedicate its best experience, talent, expertise and knowledge for the provision of the Services, and to perform the Services in a loyal and dedicated manner, and in accordance with the Company’s policies and instructions, as updated from time to time, provided such policies and instructions have been brought to the Consultant’s attention. The parties acknowledge that the Consultant may conduct other business activities provided that during the term of this Agreement the Consultant shall not engage in any activity, commercial or otherwise, if such activity can reasonably be expected to create or assist a conflict of interests or competition with the Company in the Field.
1.4 The Consultant is an independent contractor. The parties do not intend, and this Agreement and the performance hereunder shall not be construed to give effect to employment, partnership, joint venture or agency relations between the parties.
1.5 The Consultant nor anybody on its behalf are allowed to obligate and/or bind the Company in any way and/or to create any commitments on the Company’s behalf, except as required for the performance of the Services and as authorized in writing by the Company.
1.6 The Consultant declares to the Company that it is under no restrictions towards any third party as to the rendering of the Services to the Company and execution of this Agreement.