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Common use of Consultation and Advice Clause in Contracts

Consultation and Advice. Employee agrees that, following Separation from Service due to disability or Normal Retirement, Employee shall, upon request by the Board of Directors of Employer, render consultation and advice to Employer on a part time basis. Such consultation and advice may be performed at such place and time as may be designated by Employee. Employee shall be obligated to perform his duties under this Section only as long as Employee's health shall permit provided, however, the inability of Employee to perform these duties due to poor health or death shall not impair any benefit payable hereunder to the Employee, his Designated Beneficiary or his estate.

Appears in 4 contracts

Samples: Deferred Compensation Agreement (Simmons First National Corp), Deferred Compensation Agreement (Simmons First National Corp), Deferred Compensation Agreement (Simmons First National Corp)

Consultation and Advice. Employee agrees that, following Separation from Service termination of employment due to disability or Normal Retirement, Employee shall, upon request by the Board of Directors of Employer, render consultation and advice to Employer on a part time basis. Such consultation and advice may be performed at such place and time as may be designated by Employee. Employee shall be obligated to perform his duties under this Section only as long as Employee's health shall permit provided, however, the inability of Employee to perform these duties due to poor health or death shall not impair any benefit payable hereunder to the Employee, his Designated Beneficiary designated beneficiary or his estate.

Appears in 3 contracts

Samples: Deferred Compensation Agreement (Simmons First National Corp), Deferred Compensation Agreement (Simmons First National Corp), Deferred Compensation Agreement (Simmons First National Corp)

Consultation and Advice. Employee agrees that, following Separation from Service due to disability or Normal Retirement, Employee shall, upon request by the Board of Directors of Employer, render consultation and advice to Employer on a part time basis. Such consultation and advice may be performed at such place and time as may be designated by Employee. Employee shall be obligated to perform his duties under this Section only as long as Employee's health shall permit provided, however, the inability of Employee to perform these duties due to poor health or death shall not impair any benefit payable hereunder to the Employee, his Designated Beneficiary designated beneficiary or his estate.

Appears in 2 contracts

Samples: Deferred Compensation Agreement (Simmons First National Corp), Deferred Compensation Agreement (Simmons First National Corp)

Consultation and Advice. Employee agrees that, following Separation from Service due to disability or Normal Retirement, Employee shall, upon request by the Board of Directors of Employer, render consultation and advice to Employer on a part time basis. Such consultation and advice may be performed at such place and time as may be designated by Employee. Employee shall be obligated to perform his duties under this Section only as long as Employee's ’s health shall permit provided, however, the inability of Employee to perform these duties due to poor health or death shall not impair any benefit payable hereunder to the Employee, his Designated Beneficiary designated beneficiary or his estate.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Simmons First National Corp)

Consultation and Advice. Employee agrees that, following Separation from Service due to disability Disability or Normal Retirement, Employee shall, upon request by the Board of Directors of Employer, render consultation and advice to Employer on a part time basis. Such consultation and advice may be performed at such place and time as may be designated by Employee. Employee shall be obligated to perform his duties under this Section only as long as Employee's ’s health shall permit provided, however, the inability of Employee to perform these duties due to poor health or death shall not impair any benefit payable hereunder to the Employee, his Designated Beneficiary or his estate.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Simmons First National Corp)

Consultation and Advice. Employee agrees that, following Separation from Service termination of employment due to disability or Normal Retirementnormal retirement under paragraph 3 above, Employee shall, upon request by the Board of Directors of Employer, render consultation and advice to Employer on a part time basis. Such consultation and advice may be performed at such place and time as may be designated by Employee. Employee shall be obligated to perform his duties under this Section paragraph only as long during as Employee's health shall permit permit; provided, however, the inability of Employee to perform these duties due to poor health or death shall not impair any benefit payable hereunder to the Employee, his Designated Beneficiary designated beneficiary or his estate.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Simmons First National Corp)

Consultation and Advice. Employee agrees that, following Separation from Service termination of employment due to disability or Normal Retirement, Employee shall, upon request by the Board of Directors of Employer, render consultation and advice to Employer on a part part-time basis. Such consultation and advice may be performed at such place and time as may be designated by Employee. Employee shall be obligated to perform his duties under this Section only as long as Employee's ’s health shall permit provided, however, the inability of Employee to perform these duties due to poor health or death shall not impair any benefit payable hereunder to the Employee, his Designated Beneficiary designated beneficiary or his estate.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Simmons First National Corp)

Consultation and Advice. Employee agrees that, following Separation from Service due to disability Disability or Normal Retirement, Employee shall, upon request by the Board of Directors of Employer, render consultation and advice to Employer on a part time basis. Such consultation and advice may be performed at such place and time as may be designated by Employee. Employee shall be obligated to perform his duties under this Section only as long as Employee's ’s health shall permit provided, however, the inability of Employee to perform these duties due to poor health or death shall not impair any benefit payable hereunder to the Employee, his Designated Beneficiary designated beneficiary or his estate.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Simmons First National Corp)