Consulting During Transition Sample Clauses

Consulting During Transition. Xxxxx agrees that he will make himself reasonably available at the request of Forestar on an as-needed basis during the Consulting Period to facilitate the transition of his duties and responsibilities and the continued operations of the Company, in consideration of which the Company will pay Xxxxx $25,000.00 following the conclusion of each consecutive 30-day period during the Consulting Period (pro-rated for any portion of the Consulting Period that ends upon consummation of the Starwood Merger or any Other Merger). It is further agreed that the Company will reimburse Xxxxx for approved out-of-pocket expenses (including travel) incurred by Xxxxx to perform the requested consulting services during the Consulting Period. It is understood and agreed, however, that during the Consulting Period, Xxxxx will have no authority to act on behalf of Forestar or make any representations or statements on behalf of Forestar. In addition, it is understood and agreed that: (i) during the Consulting Period, Xxxxx will not be considered an employee of the Company for any purpose; and (ii) because it is expected that the services to be provided by Xxxxx during the Consulting Period may exceed twenty percent (20%) of his average level of bona fide services performed for the Company during the thirty-six (36) months preceding the Termination Date, Xxxxx will not experience a “separation from service” with the Company (within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (“Section 409A”)) until the expiration of the Consulting Period.

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Consulting During Transition. Xxxxx agrees that he will make himself reasonably available at the request of Forestar on an as-needed basis (not to exceed ten (10) hours per week for a six (6) month period after the Termination Date (“Consulting Period”) to facilitate the transition of his duties and responsibilities and the continued operations of the Company. However, it is understood and agreed that during this Consulting Period, Xxxxx will have no authority to act on behalf of Forestar or make any representations or statements on behalf of Forestar. In addition, it is understood and agreed that, during this Consulting Period, Xxxxx will not be considered an employee of the Company for any purpose.

Consulting During Transition. Nines agrees that he will make himself reasonably available at the request of Forestar on an as-needed basis for a two (2) month period after the Termination Date (“Consulting Period”) to facilitate the transition of his duties and responsibilities and the continued operations of the Company. It is agreed that the Company will pay Nines for these consulting services, the total aggregate sum of $50,000.00 to be paid in $25,000.00 monthly installments. It is further agree that the Company will reimburse Nines for approved out‑of‑pocket expenses (including travel) incurred by Nines to perform the requested consulting services during the Consulting Period. It is understood and agreed, however, that during this Consulting Period, Nines will have no authority to act on behalf of Forestar or make any representations or statements on behalf of Forestar. In addition, it is understood and agreed that, during this Consulting Period, Nines will not be considered an employee of the Company for any purpose.

Related to Consulting During Transition

Employee leaving during notice period An employee given notice of termination in circumstances of redundancy may terminate their employment during the period of notice. The employee is entitled to receive the benefits and payments they would have received under this clause had they remained in employment until the expiry of the notice, but is not entitled to any payment in lieu of any remaining notice.
Employee Leaving During Notice An employee whose employment is to be terminated for reasons set out in this clause may terminate employment during the period of notice and, if so, shall be entitled to the same benefits and payments under this clause had the employee remained with the employer until the expiry of such notice. This is with the provision that in such circumstances the employee shall not be entitled to payment instead of notice.
Non-Competition During Employment Executive agrees during the Basic Term, and any extension of the Basic Term under this Agreement, he will not compete with the Company by engaging in the conception, design, development, production, marketing, or servicing of any product or service that is substantially similar to the products or services which the Company provides, and that he will not work for, in any capacity, assist, or became affiliated with as an owner, partner, etc., either directly or indirectly, any individual or business which offer or performs services, or offers or provides products substantially similar to the services and products provided by Company.
Outside Activities During Employment Except with the prior written consent of the Board, you will not during the term of your employment with the Company undertake or engage in any other employment, occupation or business enterprise, other than ones in which you are a passive investor. You may engage in civic and not-for-profit activities so long as such activities do not materially interfere with the performance of your duties hereunder. You agree not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known to be adverse or antagonistic to the Company, its business or prospects, financial or otherwise.
Union Activity During Working Hours Solicitation of Union membership or collection or checking of dues will not be conducted during working time. The Company agrees not to discriminate in any way against any employee for Union activity, but such activity shall not be carried on during working time, except as specifically allowed by the provisions of this Agreement.
Partial Disposal During Term of Service Agreement Throughout the Term of the Service Agreement, LEA may request partial disposal of Student Data obtained under the Service Agreement that is no longer needed. Partial disposal of data shall be subject to LEA’s request to transfer data to a separate account, pursuant to Article II, section 3, above.
Death During Active Service If the Executive dies while in the active service of the Company, the Company shall pay to the Executive's beneficiary the benefit described in this Section 3.1. This benefit shall be paid in lieu of the Lifetime Benefits of Article 2.
Time off during notice period During the period of notice of termination given by the employer, an employee shall be allowed up to one day's time off without loss of pay for the purpose of seeking other employment. This time off shall be taken at times that are convenient to the employee after consultation with the employer.
Services During Certain Events In the event a third person begins a tender or exchange offer, circulates a proxy to stockholders, or takes other steps to effect a Change in Control, Executive agrees that he will not voluntarily terminate employment with Kaydon (or the Subsidiary then employing Executive) on less than three months written notice to the Chief Executive Officer of Kaydon, will render the services expected of his position, and will act in all things related to the interests of the stockholders of Kaydon until the third person has abandoned or terminated the efforts to effect a Change in Control or until a Change in Control has occurred.
Death During Benefit Period If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.