Common use of Consulting Period Clause in Contracts

Consulting Period. Basic Term The Company hereby retains the Consultant and Consultant agrees to render to the Company those services described in Section 2 for the period (the "Consulting Period") commencing on the date of this Agreement and ending upon the earlier of (i) 05/09/08 (the "Term Date"), as, and to the extent, extended under Section I (b) and (ii) the date the Consulting Period is terminated in accordance with Section 4. The Company shall pay Consultant the compensation to which it is entitled under Section 3(a) through the end of the Consulting Period, and, thereafter, the Company's obligations hereunder shall end.