Common use of Consulting Fee Clause in Contracts

Consulting Fee. In consideration for agreeing to provide the services set forth in Section 3(b), during the Consulting Period, the Consultant shall be paid a fee of $8,333 per month (the “Consulting Fee”), payable in arrears no later than the fifth business day of each calendar month, with the first and last such payments to be prorated as necessary to reflect a period of service that is less than a full month.

Appears in 2 contracts

Samples: Consulting Agreement (Littelfuse Inc /De), Consulting Agreement (Littelfuse Inc /De)

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Consulting Fee. In consideration for agreeing to provide the services set forth in Section 3(b), during During the Consulting Period, the Company shall pay Consultant shall be paid a fee of $8,333 per month (the “Consulting Fee”), payable ) of $150 per hour. The Consulting Fee shall be paid to Consultant in arrears no later than in the fifth business day of calendar month following the calendar month in which such Consulting Fee was earned. Consultant shall submit invoices to the Company as and when requested by the Company describing in detail the Services provided and the time expended by Consultant on such Services each calendar month, with the first month and last any expenses incurred during such payments period that are reimbursable pursuant to be prorated as necessary to reflect a period of service that is less than a full monthSection 3(e) below.

Appears in 2 contracts

Samples: Transition and Consulting Agreement (Obalon Therapeutics Inc), Transition and Consulting Agreement (Obalon Therapeutics Inc)

Consulting Fee. In As consideration for agreeing the provision of Services and the rights granted to provide the services set forth in Section 3(b)Company under this Agreement, during the Consulting Period, Term the Consultant shall be paid a monthly consulting fee of $8,333 per 16,000, payable in arrears, which shall be paid no later than the fifteenth (15th) day of the following month (the “Consulting Fee”), payable in arrears no later than the fifth business day of each calendar month, with the first and last such payments to . The Consulting Fee shall not be prorated as necessary to reflect a period for the month of service that is less than a full monthApril 2018.

Appears in 1 contract

Samples: Consulting Agreement (Warner Chilcott LTD)

Consulting Fee. In consideration for agreeing to provide During the services set forth in Section 3(b), during the Consulting Consultation Period, the Company shall pay to the Consultant shall be paid a consulting fee in the aggregate amount of $8,333 US$9,583.33 per month (the “US$115,000.00 on an annual basis) for Consulting Fee”)Services, which shall be payable quarterly in arrears no later than on the fifth business last day of each calendar month, with the first and last such payments to be prorated as necessary to reflect a period quarter. Payment for any partial month of service that is less than a full monthduring the Consultation Period shall be prorated.

Appears in 1 contract

Samples: Consulting Agreement (Blueprint Medicines Corp)

Consulting Fee. In consideration for agreeing to provide the services set forth in Section 3(b), during During the Consulting Period, the Company shall pay Consultant shall be paid a fee hourly rate of $8,333 per month 230.77 for Consulting Services to be performed by Consultant (the Consulting Fee), payable in arrears no later than the fifth business day of each calendar month, with the first and last such payments . Fee to be prorated as necessary billed in advance at 100 hours per advance. All unused hours paid but not used to reflect a period be reimbursed by Consultant. Company agrees to pay Consultant within seven (7) days after receipt of service that is less than a full monthan approved invoice.

Appears in 1 contract

Samples: Consulting Services Agreement (Williams Industrial Services Group Inc.)

Consulting Fee. In consideration for agreeing to provide the services set forth in Section 3(b), during During the Consulting Period, the Company shall pay Consultant shall be paid a fee monthly retainer of $8,333 per month 12,784 for Consulting Services to be performed by Consultant (the “Consulting Fee”), payable which shall be pro-rated for any partial calendar month. The Company shall pay Consultant the Consulting Fee for his services promptly, but in arrears no event later than 15 business days following the fifth business last day of each the calendar month, month with the first and last respect to which such payments to be prorated as necessary to reflect a period of service that is less than a full monthservices are performed.

Appears in 1 contract

Samples: Consulting Services Agreement (Global Power Equipment Group Inc.)

Consulting Fee. In consideration for agreeing to provide the services set forth in Section 3(b), during During the Consulting Period, the Consultant Company shall be paid pay you a monthly consulting fee of $8,333 per month (the “Consulting Fee”), payable 33,000 in arrears no later than the fifth business day of each calendar month, accordance with the first and last such payments Company's normal payroll procedures, which will not be subject to be prorated income or employment tax withholding. Except as necessary to reflect a period of service that is less than a full monthexpressly set forth herein, you shall not receive any other compensation during the Consulting Period.

Appears in 1 contract

Samples: Resignation and Consulting Agreement (Oneida LTD)

Consulting Fee. In consideration for agreeing to provide During the services set forth in Section 3(b), during the Consulting Consultation Period, the Company shall pay to the Consultant shall be paid a fee consulting fees of $8,333 8,333.33 per month (the “Consulting Fee”$100,000 on an annual basis), payable in arrears no later than on the fifth business last day of each calendar month, with the first and last such payments to be prorated as necessary to reflect a period . Payment for any partial month of service that is less than a full monthduring the Consultation Period shall be prorated.

Appears in 1 contract

Samples: Consulting Agreement (Translate Bio, Inc.)

Consulting Fee. In consideration for agreeing to provide the services set forth in Section 3(b), during the Consulting Period, the The Company shall pay Consultant shall be paid a fee of $8,333 per month (220.00 for each hour Consultant spends during the Consulting Fee”)Period providing the Consulting Services. The Consultant shall provide the Company, payable on a monthly basis and in arrears no any event not later than the fifth business 15th day of each calendar monththe month following the month in question, with a statement showing the first time Consultant spent in performing such Consulting Services for that month and last such payments to be prorated as necessary to reflect a period reasonable description of service that is less the work performed. The Company shall pay the consulting fee for work performed in a particular month not later than a full the end of the immediately following month.

Appears in 1 contract

Samples: Retirement and Transition Agreement (Electronics for Imaging Inc)

Consulting Fee. In consideration for agreeing to provide the services set forth in Section 3(b), during During the Consulting Period, the Company agrees to pay the Consultant shall be paid a an annual fee of equal to $8,333 per month 100,000 (the “Consulting Fee”), which Consulting Fee will be payable by the Company in quarterly installments payable in arrears no later than the fifth business day of each calendar month, with the first and last such payments to be prorated as necessary to reflect a period of service that is less than a full montharrears.

Appears in 1 contract

Samples: Consulting Agreement (Parametric Sound Corp)

Consulting Fee. In consideration for agreeing to provide the services set forth in Section 3(b), during During the Consulting Period, the Company shall pay Consultant shall be paid a fee of $8,333 500 per month hour for Consulting Services (the “Consulting Fee”), payable in arrears no . Consultant shall submit an invoice to the Company on a monthly basis not later than the fifth business 10th day following the last day of each calendar such month, reasonably detailing time expended and a description of the nature of the Consulting Services rendered. The Company shall pay Consultant the Consulting Fee for such services promptly, but in no event later than 20 days following Consultant’s submission of an invoice with the first and last respect to which such payments to be prorated as necessary to reflect a period of service that is less than a full monthservices are performed.

Appears in 1 contract

Samples: Consulting Services Agreement (Adaptec Inc)

Consulting Fee. In consideration for agreeing to provide the services set forth in Section 3(b), during During the Consulting Period, the Consultant shall will be paid a fee compensation of $8,333 per month 150,000 (the “Consulting Fee”), which Consulting Fee will be payable in arrears no later than six equal monthly installments of $25,000 each from July 2012 to December 2012 on or before the fifth business day 25th of each calendar month, with the first and last such payments to be prorated as necessary to reflect a period of service that is less than a full month.

Appears in 1 contract

Samples: Service Agreement (Tower International, Inc.)

Consulting Fee. In consideration for agreeing to provide the services set forth in Section 3(b), during During the Consulting Period, the Company shall pay Consultant shall be paid a fee of $8,333 per month (the “Consulting Fee”), payable ) of $39,583.33 per month. The monthly Consulting Fee shall be paid to Consultant in arrears no on each monthly anniversary of the Transition Date during the Consulting Period (beginning on the later than of the fifth business day of each calendar month, with Effective Date or the first and last such payments to be prorated as necessary to reflect a period monthly anniversary of service that is less than a full monththe Transition Date).

Appears in 1 contract

Samples: Consulting Agreement (Obalon Therapeutics Inc)

Consulting Fee. In consideration for agreeing to provide of your providing the services set forth in Section 3(b), Consulting Services during the Consulting Period, the Consultant shall you will be paid a fee the total sum of $8,333 per month 1,500,000 during the Consulting Period as a consulting fee (the “Consulting Fee”), . The Consulting Fee shall be payable in arrears no later than in equal monthly installments of $83,333 in the fifth business day calendar month following the month in which the Consulting Services are performed. For the avoidance of each calendar monthdoubt, in the event that your employment with the first and last such payments Company terminates prior to the Transition Date for any reason other than due to a termination of employment by the Company without Cause, you will not be prorated as necessary eligible to reflect a period of service that is less than a full monthreceive the Consulting Fee.

Appears in 1 contract

Samples: Transition Agreement (Envista Holdings Corp)

Consulting Fee. In consideration for agreeing to provide the services set forth in Section 3(b), during During the Consulting Period, the Consultant Company shall be paid pay you a monthly consulting fee of $8,333 per month 13,617 in accordance with the Company's normal payroll procedures, and which will not be subject to income or employment tax withholding (the "Consulting Fee"), payable in arrears no later than . You shall not receive any other compensation or benefits during the fifth business day of each calendar month, with the first and last such payments to be prorated as necessary to reflect a period of service that is less than a full monthConsulting Period.

Appears in 1 contract

Samples: Resignation and Consulting Agreement (Oneida LTD)

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Consulting Fee. In consideration As compensation for agreeing to provide the services set forth in Section 3(b), during the Consulting PeriodServices, the Company shall pay Consultant shall be paid a fee of $8,333 17,500 per month (paid monthly in arrears) (the “Consulting Fee”), payable in arrears no later than ) during the fifth business day Consulting Period. The Consulting Fee with respect to any month shall be paid by the Company without regard to the number of each calendar month, hours of Consulting Services actually provided by Consultant with the first and last respect to such payments to be prorated as necessary to reflect a period of service that is less than a full month.

Appears in 1 contract

Samples: Consulting Agreement (Alpha Natural Resources, Inc.)

Consulting Fee. In consideration for agreeing to provide the services set forth in Section 3(b), The Company shall pay Consultant $7,500 per month during the Consulting Period, the Consultant shall be paid a fee of $8,333 per month Period (the “Consulting Fee”), payable ) in arrears no later than on the fifth business 15th day of each calendar monthmonth (each payment date, a “Payment Date”), in consideration of and subject to Consultant’s continued service with the first Company through each Payment Date, Consultant’s compliance with the terms and last such payments to be prorated conditions of this Agreement and Consultant’s execution and non-revocation of a general release of claims against the Company, in substantially the form attached hereto as necessary to reflect a period Exhibit A on or following the end of service that is less than a full monththe Consulting Period (as defined below).

Appears in 1 contract

Samples: Separation and Consulting Agreement (Spy Inc.)

Consulting Fee. In consideration for agreeing The Company shall pay to provide the services set forth in Section 3(b), during the Consulting Period, the Consultant shall be paid a monthly consulting fee of $8,333 per month (the “Consulting Fee”), payable in arrears no later than ) of $19,000.00 per Month from the fifth business Effective Date and thereafter monthly for a period of five full months from the Effective Date. The Consulting Fee shall be paid on the 1st day of each calendar month, with month following the first and last such payments to be prorated as necessary to reflect Effective Date (pro-rated for any portion of a period of service that is less than a full monthmonth following the Effective Date).

Appears in 1 contract

Samples: Consulting Agreement (Imageware Systems Inc)

Consulting Fee. In consideration for agreeing to provide the services set forth in Section 3(b), during During the Consulting PeriodTerm, the Company will pay to Consultant shall be paid a monthly fee in the amount of Three Thousand Dollars ($8,333 3,000) per month (the “Consulting Fee”), payable ) for performing the Services with the monthly compensation to be formally reviewed not later than January 15th 2019. The Consulting Fee shall be paid monthly in arrears no later than the fifth business (5th) day of each the month immediately following the calendar month, with month during which the first and last such payments to be prorated as necessary to reflect a period of service that is less than a full monthServices were performed.

Appears in 1 contract

Samples: Consulting Agreement (Blue Eagle Lithium Inc.)

Consulting Fee. In consideration for agreeing to provide the services set forth in Section 3(b), during During the Consulting Period, the Company shall pay Consultant shall be paid a consulting fee of thirty thousand dollars ($8,333 30,000) per month (the “Consulting Fee”), payable in arrears no later than advance on or before the fifth business eleventh day of each calendar month, with the first and last such payments to be prorated as necessary to reflect a period of service that is less than a full month.

Appears in 1 contract

Samples: Consulting Agreement (Cano Petroleum, Inc)

Consulting Fee. In consideration for agreeing to provide the services set forth in Section 3(b), during During the Consulting Period, the Company shall pay the Consultant shall be paid a monthly fee of $8,333 per month 75,000, payable monthly in arrears (the “Consulting Fee”), payable in arrears no later than the fifth business day of each calendar month, with the first and last such payments to be prorated as necessary to reflect a period of service that is less than a full month.

Appears in 1 contract

Samples: Consulting Agreement (Lakers Holding Corp.)

Consulting Fee. In consideration for agreeing to provide the services set forth in Section 3(b), during During the Consulting Period, the Consultant shall be paid Company will pay you a fee Consulting Fee at the annual rate of $8,333 per month 270,000 (the "Consulting Fee"), commencing at the Effective Time and payable in arrears no later than on the fifth business fifteenth day of each calendar month, with the first and last such payments to be prorated as necessary to reflect a period of service that is less than a full monthmonth in substantially equal monthly installments.

Appears in 1 contract

Samples: Consulting Agreement (Platinum Underwriters Holdings LTD)

Consulting Fee. In consideration for agreeing to provide the services set forth in Section 3(b), The Company shall pay Consultant a fixed fee during the Consulting Period, Period at the Consultant shall be paid a fee rate of $8,333 225,000 per twelve month period (the “Consulting Fee”), . The Consulting Fee shall be payable in arrears no later than the fifth business day of each calendar month, with the first and last such payments to be prorated as necessary to reflect a period of service that is less than a full monthequal monthly installments in arrears.

Appears in 1 contract

Samples: Separation and Consulting Agreement (Omnicare Inc)

Consulting Fee. In consideration for agreeing to provide the services set forth in Section 3(b), during During the Consulting PeriodTerm, the Company will pay to Consultant shall be paid a monthly fee in the amount of Nine Thousand Dollars ($8,333 9,000) per month (the “Consulting Fee”)) for performing the Services, payable based upon an estimated average of two (2) days of work per week. The Consulting Fee shall be paid monthly in arrears no later than the fifth business (5th) day of each the month immediately following the calendar month, with month during which the first and last such payments to be prorated as necessary to reflect a period of service that is less than a full monthServices were performed.

Appears in 1 contract

Samples: Consulting Agreement (Virtus Oil & Gas Corp.)

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