Consulting Arrangements. Khalil and Rxxxx shall continue to provide consulting services to the Company pursuant to their Consulting Agreements in accordance with the terms thereof.
Consulting Arrangements. The Purchaser shall have irrevocably agreed to cause one of the Corporations, forthwith after Closing, to engage MPCo, GSCo, AJCo and MWCo as consultants, on the terms and conditions set forth in Schedule FF hereto.
Consulting Arrangements. Buyer agrees to cause the Company to engage Sellers as independent consultants to the Company for a period of thirty (30) days following the Closing. Sellers will act as independent contractors in performance of their consulting duties. Sellers will provide general management consulting including but not limited to consulting with respect to issues related to the running of and financial and operational activities of the Company and will provide such other consulting services as requested by the President of the Company. Sellers agree to provide such written or verbal reports as requested by the President of the Company. Each Seller agrees to be available for consulting services either in person or by telephone for a period of thirty (30) calendar days following the Closing. For such services, Buyer agrees to cause the Company to pay each Seller the amount of Eleven Thousand Two Hundred Fifty Dollars ($11,250) within seven business days following the Closing.
Consulting Arrangements. 2.1. The Consultant's services hereunder shall be rendered at such place or places and times, on such subjects and in such manner as shall be satisfactory to him. The Company shall pay the Consultant during the Consulting Term a consulting fee, on a monthly basis in advance, at the rate of $75,000 per annum.
2.2. During the Consulting Term, the Consultant shall be entitled to all benefits and service credit for benefits under medical insurance, life insurance and other employee benefit plans, programs and arrangements of the Company as if he were still employed during such period under this Agreement, to the extent that such benefits and service credit are available to consultants to the Company generally under the terms thereof.
Consulting Arrangements. 2.1. The Consultant's services hereunder shall be rendered at such place or places and times, on such subjects and in such manner as shall be satisfactory to him. The Company shall pay the Consultant during the Consulting Term a consulting fee, on a monthly basis in advance, at the rate of $100,000 per annum.
2.2. During the Consulting Term, the Consultant shall be entitled to all benefits and service credit for benefits under medical insurance, life insurance and other employee benefit plans, programs and arrangements of the Company as if he were still employed during such period under this Agreement, to the extent that such benefits and service credit are available to consultants to the Company generally under the terms thereof. In addition, the Company shall provide the Consultant, at the Company's expense, with the Consultant's current automobile until May 31, 2000 and with a current-model automobile from June 1, 2000 to and including October 31, 2000, provided that the Consultant shall pay all costs associated therewith, including without limitation insurance and gasoline.
Consulting Arrangements. John Capozzi will accept a position as consultant to the Company's Board xx Xxxxxxxxs commencing at the First Closing. It is agreed that the Company will fully indemnify him against any and all lawsuits by past, present or future shareholders, customers, or others for any reason whatsoever, including full reimbursement for all reasonable legal or related expenses. Since the Company has no Director and Officer Liability Insurance, Capozzi will obtain Errors and Omissions Insurance at an annual premium xx xx xore than $5,000 which the Company will reimburse. The Company will provide him as compensation for such services with five-year Warrants to purchase 75,000 Shares at an exercise price of $2.00 per Share. Such 75,000 Warrants will vest at the rate of 1,250 Warrants monthly for so long as Capozzi continues to perform such consulting services over a five year pxxxxx xommencing on the date of the First Closing. NFP or Downey may at any time, but not earlier than 4 months from the date of txxx Xxreement, with 20 days notice, terminate the consulting arrangement with JMC for "cause," which for purposes of this Agreement shall mean that (i) JMC or John Capozzi has failed to provide consulting services agreed hereunder xx xx xxx xxnsulting agreement with the Company, (ii) JMC or John Capozzi has engaged in gross or persistent misconduct relative to txx xxxxxxx xf the Company, (iii) JMC or John Capozzi has engaged in acts materially injurious to the Company or xxx xxxxxxxxon or in acts of dishonesty affecting the Company, (iv) JMC or John Capozzi has been convicted of, or pleaded guilty or no-contest to a xxxxxx, (x) John Capozzi has reached his 65th birthday or (vi) the Company has failex xx xxxxxxx sales targets set forth on Schedule 4 hereto. In the event of any termination for cause, any voluntary termination by JMC, or the death, incapacity, or resignation or withdrawal from JMC of John Capozzi, only those warrants vested on the date of termination will xxxxxx xxxx JMC. In any such event, JMC's monthly consulting fee shall accrue through the date of termination and thereupon terminate, and JMC's entitlement to royalties pursuant to Section 6.3 shall be subject to a sales agreement entered into between JMC and the Company after the First Closing, said agreement being subject to prior approval by NFP and Downey.
Consulting Arrangements. Xxxx and Xxxx, for one (1) year after the Closing Date, shall make themselves available (provided that they shall not individually be required to be available for more than fifty (50) hours in any week without their prior consent, and if their services are requested, a minimum of five (5) hours shall be billed to Purchaser for services rendered during such week to Purchaser and Company upon reasonable request, to perform consulting services at the rate of $100.00 per hour (including travel time plus out-of-pocket expenses; provided, however, Xxxx and Xxxx at no time will be entitled to any employee benefits and shall maintain the status of independent contractors. Xxxx and Xxxx shall determine their schedules and the manner in which such services are provided. Xxxx and Xxxx xxx provide such services by telephone. Unavailability by reason of vacation shall not constitute a breach hereof. For a period of thirty (30) days following the Closing Date, Xxxx and Xxxx shall perform such consulting services without compensation other than reimbursement of reasonable documented out-of-pocket expenses.
Consulting Arrangements. 2.1 The Corporation hereby retains ASPEN as its consultant for the consulting fee as defined in Section 4.1.
2.2 The duties of ASPEN under this consulting agreement are to provide services required by the Corporation in respect of development and management including but not limited to management, operations, financings, securities, listing requirements, marketing and operation of the Corporation as per the Corporation's direction and instruction. ASPEN agrees to devote such time as required to the business of the Corporation but not less than Thirty Six (36) hours per week.
2.3 Both Parties agree that all original records, files, correspondence and business plans as well as any documents created by the Consultant during the term of this agreement and used during this contract or a renewed contract are and shall remain the property of the Corporation and not ASPEN.
Consulting Arrangements. Arrangements reasonably satisfactory to Parent shall have been entered into between the Company and DevExperts LLC and its affiliates in connection with the provision of ongoing consulting services, including the documentation of the existing software applications utilized by the Company and its Subsidiaries that have been developed by DevExperts LLC.
Consulting Arrangements. (i) You agree that following the termination of your employment, you shall enter into the form of consulting agreement (the “Consulting Agreement”) attached as Exhibit A hereto, effective upon the expiration of the revocation periods set forth in Section 10 hereof without revocation, and commencing on December 1, 2020 to provide consulting services on a consulting basis to the Company as may reasonably be requested of you by the Board of Directors or the Chief Executive Officer of HYMC (collectively, the “Consulting Services”). You shall be compensated for the provision of Consulting Services at a rate of $25,000 per month regardless of whether any request for the provision of Consulting Services is made to you during each month of the Consulting Period. You understand and agree that, while performing Consulting Services for the Company after the Termination Date, you will not be eligible to participate in or accrue benefits under any of the Company’s benefit plans for which status as an employee is a condition of such participation or accrual. Except as provided in Section 6 hereof, to the extent that you may be deemed eligible to participate in any benefit plan of the Company, you hereby waive your participation.
