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 six 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 (subject to Section 6.6).
(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 or her 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).
(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 during the Consulting Period, Employee owes the Company a duty of loyalty and (i) shall not accept employment or consulting work in any capacity with, or invest in, any business opportunity or activity that is en...
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. Effective as of July 1, 2017 (the “Effective Date”), 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 fil...
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 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. 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. The Consultant shall prepare all the specifications and designs using systems which are generally accepted and acknowledged, acceptable by PRASA, and taking into consideration the latest standards in terms of design elaboration.
Consultancy Agreement. This Agreement made and entered into as of this 1st day of January, 1997 between Central Parking Systems, Inc., a Tennessee corporation ("CPS") and Sanfxxx Xxxxxxx, xx individual who presently resides in New York City (hereinafter "Harwxxx").
Consultancy Agreement. The principal terms of the Consultancy Agreement are summarized as follows: 20 April 2016 (after trading hours)
