Consulting Obligation. Subject to the terms and conditions of this Section 5 and Section 14 below, in consideration of the agreements of Versant under this Agreement, you hereby agree with Versant that, from the Separation Date through the Severance Expiration Date, you will make yourself available to, and will provide, consulting services and advice to Versant as an independent consultant with respect to transition matters concerning Versant’s business and operations (a) for up to forty (40) hours per week as requested by Versant’s Chief Executive Officer until June 30, 2005 and (b) after June 30, 2005 until the Severance Expiration Date, for up to ten (10) hours per month as requested by Versant’s Chief Executive Officer (the “Consulting Services”). You agree that the Severance and the agreements of Versant under Section 3 will constitute the only compensation that you will be entitled to receive for the Consulting Services. You will not incur, nor be reimbursed for, any out-of-pocket or other expenses in performing the Consulting Engagement unless Versant approves such expenses in advance in a writing signed by Versant’s Chief Executive Officer. You agree that your duties of confidentiality under your Employee Invention Agreement (as defined below) and under Section 6 below will continue to apply to any Proprietary Information (as defined in that agreement) or other confidential information of Versant which you learn or have access to in the course of your providing the Consulting Services.
Consulting Obligation. During the Consulting Period, Consultant will render such consulting and advising services as an independent contractor to the Company, primarily in connection with the marketing (use of likeness in product and company brochures, use as spokesperson in PSA program, trade shows, marketing programs), distribution, and sale of the Company's products, as well as meet with potential investors and government affairs support. It is understood and agreed that the consulting services to be rendered and appearances will be mutually agreed upon by the Consultant and the Company. All uses of Consultant's name, likeness or image shall be subject to prior written consent by consultant, which shall not be unreasonably withheld.
Consulting Obligation. Xxxxxx and Xxxxxxxx will each individually provide up to fifty (50) hours of consulting services to Licensee regarding the Technology. Such consulting services will be provided at no additional cost to Licensee at such times and places to be determined by the parties. Such consulting services will only be for consulting that can reasonably be expected to be within Xxxxxx’x and Xxxxxxxx’x respective areas of knowledge and expertise with respect to the Technology, but will not include the performance of research and development projects, animal studies, or clinical studies. Any consulting services requested by Licensee in excess of the fifty (50) hours will be provided for a consulting fee to be determined by the parties. Licensee will be responsible for and advance or promptly reimburse Xxxxxx and Xxxxxxxx for any out-of-pocket costs associated with the consulting services, such as travel, food and lodging.
Consulting Obligation. In consideration of the Consultation Payments, Xxxx shall provide continuing Consulting Services to the Company at the direction of the Board of Directors of the Company and the CEO or their designates during the Consulting Period. The Consulting Services shall not exceed ten (10) hours per week on average at times and in manners as may be mutually agreed. Xxxx’x consulting will be provided in good faith and be primarily aimed at assisting the Company in transitioning Xxxx’x previous duties and responsibilities to his functional successor or successors. The consulting will include providing advice and counsel to the Company and Board as requested on an ongoing basis and may include the assignment of specific tasks and functions related thereto. The Consulting Services are expected to be provided to the Company within Xxxxxx County, Indiana. However, to the extent any such consulting requires incidental travel or other reasonable business expenses to be incurred by Xxxx, the Company and Xxxx agree to work in good faith to set out the parameters of the travel, and the Company will reimburse Xxxx or provide arrangements or payment for such travel and business expenses in advance. Xxxx shall also provide his reasonable cooperation in connection with any litigation or administrative proceeding or investigation to which the Company is a party, unless Xxxx is advised by counsel that his cooperation would present a conflict of interest, be unlawful, or otherwise be adverse to his interests.
Consulting Obligation. You acknowledge and agree that, until the earlier of the first anniversary of this Agreement or six months from the date you commence the Consulting Period, you shall be expected to devote a minimum of ten (10) hours a week to perform the following consulting services as may be reasonably requested by the Board or the Company: assistance necessary to facilitate a smooth transition of CEO responsibilities, aid the CEO in the CEO's understanding of the Company's business, and such other duties which are commensurate with the responsibilities of a CEO. You further agree that until the earlier of the first anniversary of this Agreement or six months from the date you commence the Consulting Period, such consulting services may be required on a full-time basis, from time to time, as reasonably requested by the Board; thereafter and until the second anniversary of the date of this Agreement you shall make yourself reasonably available to assist the Company with the transition of your responsibilities and to consult with the Company on matters related to your responsibilities during your employment, so long as the Company's requests for such assistance are reasonable, taking into account your work schedule and other time commitments, so as not to interfere with your ability to maintain subsequent employment during the remainder of the Consulting Period.
Consulting Obligation. Mr. Opsal agrees to make himself xxxxxxxxx to the Bank and the Company as a consultant for up to ten (10) hours per month for a period of eighteen (18) months following his Termination of Employment, for no additional consideration. The Bank shall notify Mr. Opsal when the Bank requires hxx xxxxxxes as a consultant.
Consulting Obligation. The Company agrees to engage the Employee as a consultant to the Company for the period beginning on his Retirement Date and ending on the January 4, 1999 (the "Consulting Period"), and the Employee agrees to such engagement, subject to the following:
Consulting Obligation. Employee hereby agrees that, in exchange for the Consideration provided pursuant to Section 3(a) above, during the Payment Period, Employee shall consult with the Company on an as-needed basis for no more than ten (10) hours per week.
Consulting Obligation. In consideration of the Consultation Payments, Will shall provide continuing Consulting Services to the Company at the direction of the Board of Directors of the Company and the CEO or their designates during the Consulting Period or Extended Consulting Period, if applicable. The Consulting Services shall not exceed twenty (20) hours per week on average at times and in manners as may be mutually agreed. Will’s consulting will be provided in good faith and be primarily aimed at assisting the Company in transitioning Will’s previous duties and responsibilities to his functional successor or successors. The consulting will include providing advice and counsel to the Company and Board as requested on an ongoing basis and may include the assignment of specific tasks and functions related thereto. The Consulting Services are expected to be provided to the Company within Xxxxxx County, Indiana. However, to the extent any such consulting requires incidental travel or other reasonable business expenses to be incurred by Will, the Company and Will agree to work in good faith to set out the parameters of the travel, and the Company will reimburse Will or provide arrangements or payment for such travel and business expenses in advance. Will shall not, directly or indirectly, render services for remuneration or otherwise to any other person or organization or otherwise engage in activities that would interfere with the faithful performance of his duties hereunder without the prior approval of the Company’s Board of Directors which will not be unreasonably withheld. Notwithstanding the foregoing, Will may (i) serve on civic or charitable boards or engage in civic and charitable activities, (ii) serve on the boards of directors of any company to the extent permitted under guidelines developed by the Board or a committee thereof, (iii) have other business interests (provided such interests do not conflict in a material way with the interests of the Company) and (iv) manage personal investments, in each case, as long as any such activity singularly or together with any other activity does not interfere with Will’s performance of his duties and the meeting of his obligations hereunder. Will shall also provide his reasonable cooperation in connection with any litigation or administrative proceeding or investigation to which the Company is a party, unless Will is advised by counsel that his cooperation would present a conflict of interest, be unlawful, or otherwise be adverse...
Consulting Obligation. You agree to enter into and comply with the terms Consulting Agreement entered into in connection herewith (the “Consulting Obligation”), and agree that such Consulting Obligation shall be a condition of continued receipt of payments and benefits set forth herein. You acknowledge that the Consulting Obligation requires your availability for services subject to the terms thereof beginning as of the Separation Date through and including May 1, 2006 (the “Consulting Period”).
