Common use of Consulting and Advice Clause in Contracts

Consulting and Advice. During the time period that the Executive receives post-employment payments under paragraph 5, other than by reason of death or disability, the Executive agrees that when and as requested, he will consult with the Company concerning policies, procedures and operations. The requests by the Company for consultation (1) shall comply with applicable requirements of Section 409A of the Code and the Company’s 409A Policy, if any, regarding the determination of whether a termination of employment has occurred; (2) shall be at reasonable times, with appropriate notice, not more frequent than three (3) times a month; and (3) may, at the Executive’s election, be through telephone communication.

Appears in 3 contracts

Samples: Employment Agreement (Investors Title Co), Employment Agreement (Investors Title Co), Employment Agreement (Investors Title Co)

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Consulting and Advice. During the time period that the Executive receives post-employment payments under paragraph 5, other than by reason of death or disability, the Executive agrees that when and as requested, he will consult with the Company concerning policies, procedures and operations. The requests by the Company for consultation (1) shall comply with applicable requirements of Section 409A of the Code and the Company’s 409A Policy, if any, regarding the determination of whether a termination of employment has occurred; (2) shall be at reasonable times, with appropriate notice, not more frequent than three (3) times a month; , and (3) may, at the ExecutiveEmployee’s election, be through telephone communication.

Appears in 2 contracts

Samples: Employment Agreement (Investors Title Co), Employment Agreement (Investors Title Co)

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Consulting and Advice. During the time period that the Executive receives post-employment payments under paragraph 5, other than by reason of death or disability, the Executive agrees that when and as requested, he will consult with the Company concerning policies, procedures and operations. The requests by the Company for consultation (1) shall comply with applicable requirements of Section 409A of the Code and the Company’s 409A Policy, if any, regarding the determination of whether a termination of employment has occurred; (2) shall be at reasonable times, with appropriate notice, not more frequent than three (3) times a month; , and (3) may, at the Executive’s Employee's election, be through telephone communication.

Appears in 1 contract

Samples: Employment Agreement (Investors Title Co)

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