POST-EMPLOYMENT RELATIONSHIP. Following the Resignation Date, Executive agrees that, at the request of the Company's Chairman of the Board or Chief Executive Officer, he will provide advice and consultation to the Company with respect to any matters mutually approved by the Executive and the Company.
POST-EMPLOYMENT RELATIONSHIP. Following the Resignation Date, Executive agrees that, subject to the approval of Executive's future Employer's and, in Executive's sole discretion based on his other obligations and commitments, at the request of the Company's Chief Executive Officer or the Board, he will provide advice and consultation to the Company with respect to a list of matters to be approved by the Executive and the Company and serving as a special advisor to the Board. If, during the year following this Agreement, the Board and Executive agree that it would be mutually beneficial, then the Board shall use its best efforts to cause Executive to be nominated or appointed as a member of the Board. In the event that Executive becomes a member of the Board, then Executive shall be entitled to the same level of compensation and benefits, including stock option grants, provided to other independent directors serving on the Company's board of directors. Executive shall be reimbursed by the Company for all expenses reasonably incurred in connection with Executive's performance of such services as an advisor and/or director.
POST-EMPLOYMENT RELATIONSHIP. Following the Resignation Date, Executive agrees that, at the request of the Company's new Chairman of the Board or its new Chief Executive Officer, he will provide advice and consultation to the Company with respect to any matters mutually approved by the Executive and the Company. In addition, nothing contained herein or in the Management Agreement or this Agreement shall prohibit Executive from acting as a consultant to Thayxx xx an Affiliate of Thayxx xxxing the Noncompete Period.
POST-EMPLOYMENT RELATIONSHIP. Following the Resignation Date, Executive agrees that, at the request of the Company's Chief Executive Officer or the Board, he will provide advice and consultation to the Company at mutually agreeable times with respect to matters listed on Exhibit A hereto and on other matters mutually approved by the Executive and the Company. In addition, nothing contained herein, including but not limited to paragraphs 1.11 and 1.12, shall prohibit Executive from acting as a consultant or making business proposals to Thayxx xx an Affiliate of Thayxx xx any matters during the Noncompete Period, or from attempting to structure business transactions involving the sale or purchase of any assets or services of the Company or its Subsidiaries, provided Executive has obtained a confidentiality agreement (on a Company approved form) from any third party with which he discusses such business transactions and approval from a senior executive of the Company to approach said third party, which will not be unreasonably withheld.
