Common use of Consulting Services Following an Involuntary Termination Clause in Contracts

Consulting Services Following an Involuntary Termination. In the event of the Employee's Involuntary Termination during the Covered Period he shall commence providing consulting services to the Employer for a period (the "Consulting Period") of (i) three years, in the event the Involuntary Termination occurs during the first year of the Covered Period, (ii) two years, in the event the Involuntary Termination occurs during the second year of the Covered Period, or (iii) one year, in the event the Involuntary Termination occurs in the last year of the Covered Period. The Employee's consulting services shall consist in advising the Employer on such matters as may be reasonably requested by the Employer. Such services shall be performed at such times and in such locations as shall be mutually agreed by the Employee and the Employer, and shall not interfere with his duties to a new employer. In any event, the Employee shall not be required to perform consulting services for more than 8 hours per month during the Consulting Period. The Employee shall not be an employee of the Employer during the Consulting Period, but shall act solely in the capacity of an independent contractor.