Nature of Consultant's Services Sample Clauses

Nature of Consultant's Services. Consultant shall provide Xxxxx River Coal services, through Xxxxxx in his capacity as a chief restructuring officer, for the benefit of all of Xxxxx River Coal’s creditors and its chapter 11 bankruptcy estate. The scope of Services to be performed by Xxxxxx will generally include the following: · Oversight and assistance with day-to-day cash management decisions · Preparation of financial forecasts/budgets and other cash planning · Implement action plans as approved by Xxxxx River Coal · Focal point for communications with lenders, creditors, customers, the official committee of unsecured creditors (the "UCC"), regulatory authorities, litigation parties and other stakeholders · Management of the chapter 11 asset sale and liquidation process · Authority over client operations and duties · Seek to settle and administer claims as soon as practicable · Client representative in claims administration and resolution process · Client representative in other matters before the Court · With assistance of Xxxxx River, sale of inventory and collections of A/R as soon as practicable · Resolve disputes, adversarial actions and liability concerns · Work with counsel on sale and liquidation reporting and Court approval of same · Manage close out of Xxxxx River Coal business and dissolution of Xxxxx River Coal · Termination of plans, benefits, tax reporting and environmental concerns · Responsible for managing the securing, safekeeping and disposition of Xxxxx River Coal records · Client representative in negotiation, preparation, confirmation and implementation of chapter 11 plan of liquidation · If necessary, advise and assist Xxxxx River Coal and its counsel in developing and implementing an orderly wind-down plan for Xxxxx River Coal
Sample 1
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Nature of Consultant's Services. The parties recognize that the Consultant’s knowledge and understanding of the Business is unique and personal. Accordingly, the parties agree that the Consultant shall provide the Consulting Services and the Litigation and Regulatory Cooperation Services personally.
Sample 1

Related to Nature of Consultant's Services

  • Consultant’s Services Consultant's services under this Agreement shall consist of the following:

  • Nature of Employment Executive’s employment with the Company shall be at-will. Both Executive and the Company shall have the right to terminate the employment relationship at any time, with or without cause, and with or without advance notice.

  • Termination of Employment for Other Reasons If your employment with the Company is terminated for any reason other than those reasons set forth in Sections 8 or 15 hereof, including without limitation a termination of your employment with or without cause, all shares of Restricted Stock held by you at the time of such employment termination, as to which the restrictions have not terminated, shall be forfeited by you to the Company, in accordance with the provisions of Section 7 hereof.

  • Solicitation of Employees, Consultants and Other Parties I agree that during the term of my Relationship with the Company, and for a period of twenty-four months immediately following the termination of my Relationship with the Company for any reason, whether with or without cause, I shall not either directly or indirectly solicit, induce, recruit or encourage any of the Company’s employees or consultants to terminate their relationship with the Company, or attempt to solicit, induce, recruit, encourage or take away employees or consultants of the Company, either for myself or for any other person or entity. Further, during my Relationship with the Company and at any time following termination of my Relationship with the Company for any reason, with or without cause, I shall not use any information rising to the level of a trade secret of the Company: (i) to attempt to negatively influence any of the Company’s clients or customers from purchasing Company products or services; (ii) to solicit or influence or attempt to influence any client, customer or other person either directly or indirectly; or, (iii) to direct any of the Company’s clients or customers to purchase products and/or services – from any person, firm, corporation, institution or other entity in competition with the business of the Company.

  • Nature of Services Executive shall diligently perform such duties and assume such responsibilities as shall from time to time be specified by the Company.

  • Retention of Services The Company hereby retains the services of Employee, and Employee agrees to furnish such services, upon the terms and conditions hereinafter set forth.

  • Duration of Services The obligation of GGP to perform any individual Service described in or contemplated by this Section G shall terminate upon the earliest to occur of (a) 18 months following the Distribution Date, (b) five days following written notice of termination of such Services by Spinco to GGP and (c) the applicable termination date pursuant to Article IX of the Agreement. GGP agrees to use appropriate and reasonable efforts, as mutually agreed upon by the parties and at Spinco’s cost, to (i) ensure that any terminated Service is integrated into Spinco’s broader business processes and/or (ii) complete any individual Service in this Section G requested by Spinco prior to the termination described in the prior sentence.

  • Term of Consultancy Company hereby agrees to retain the Consultant to act in a consulting capacity to the Company, and the Consultant hereby agrees to provide services to the Company commencing on the Effective Date and ending 6 MONTHS from the Effective Date unless terminated pursuant to Section 8 of this Agreement.

  • Nature of Relationship The Company acknowledges and agrees that in connection with the offering and the sale of the Notes or any other services the Underwriters may be deemed to be providing hereunder, notwithstanding any preexisting relationship, advisory or otherwise, between the parties or any oral representations or assurances previously or subsequently made by the Underwriters: (i) no fiduciary or agency relationship between the Company and any other person, on the one hand, and the Underwriters, on the other hand, exists; (ii) the Underwriters are not acting as advisors, experts or otherwise, to the Company, including, without limitation, with respect to the determination of the public offering price of the Notes, and such relationship between the Company, on the one hand, and the Underwriters, on the other hand, is entirely and solely a commercial relationship, based on arms-length negotiations; (iii) any duties and obligations that the Underwriters may have to the Company shall be limited to those duties and obligations specifically stated herein; and (iv) the Underwriters and their respective affiliates may have interests that differ from those of the Company. The Company hereby waives any claims that the Company may have against the Underwriters with respect to any breach of fiduciary duty in connection with this offering.

  • Retention of Consultant The Company hereby retains the Consultant, and Consultant agrees to be retained by the Company, upon the terms in, and subject to the conditions of, this Agreement.

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