Common use of POST TERMINATION CONSULTING AND COOPERATION Clause in Contracts

POST TERMINATION CONSULTING AND COOPERATION. For a period of six (6) months following the termination of Executive's employment under this Agreement, regardless of whether such termination is by Executive or by the Company or whether it is with or without Good Cause, Executive, at the sole discretion of the Company, shall provide the Company and its designated agents, advisors, and executives with such consultation as the Company may reasonably require up to a maximum of twenty (20) hours per week. However, Executive shall have no consulting obligation under this Section 11 if he resigns under circumstances, which entitle him to payments under Section 7 hereof. Company shall pay Executive an hourly rate of one hundred fifty dollars ($150.00) per hour and reimburse Executive for all reasonable expenses and out-of-pocket costs incurred in connection with fulfilling his obligations under this Section 11. The Company shall endeavor to schedule such consulting so that Executive's obligations under this Section 11 to assist Company shall not unreasonably interfere with Executive's business prospects or responsibilities to a new employer.

Appears in 7 contracts

Samples: Employment Agreement (Corrpro Companies Inc /Oh/), Employment Agreement (Corrpro Companies Inc /Oh/), Employment Agreement (Corrpro Companies Inc /Oh/)

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POST TERMINATION CONSULTING AND COOPERATION. For a period of six (6) months following the termination of Executive's employment under this Agreement, regardless of whether such termination is by Executive or by the Company or whether it is with or without Good Cause, Executive, at the sole discretion of the Company, shall provide the Company and its designated agents, advisors, and executives with such consultation as the Company may reasonably require up to a maximum of twenty (20) hours per week. However, Executive shall have no consulting obligation under this Section 11 if he resigns under circumstances, circumstances which entitle him to payments under Section 7 hereof. Company shall pay Executive an hourly rate of one hundred fifty dollars Dollars ($150.00$ 100.00) per hour and reimburse Executive for all reasonable expenses and out-of-pocket costs incurred in connection with fulfilling his obligations under this Section 11. The Company shall endeavor to schedule such consulting so that Executive's obligations under this Section 11 to assist Company shall not unreasonably interfere with Executive's business prospects or responsibilities to a new employer.

Appears in 2 contracts

Samples: Employment Agreement (Corrpro Companies Inc /Oh/), Employment Agreement (Corrpro Companies Inc /Oh/)

POST TERMINATION CONSULTING AND COOPERATION. For a period of six (6) months following the termination of Executive's employment under this Agreement, regardless of whether such termination is by Executive or by the Company or whether it is with or without Good Cause, Executive, at the sole discretion of the Company, shall provide the Company and its designated agents, advisors, and executives with such consultation as the Company may reasonably require up to a maximum of twenty (20) hours per week. However, Executive shall have no consulting obligation under this Section 11 if he resigns under circumstances, circumstances which entitle him to payments under Section 7 hereof. Company shall pay Executive an hourly rate of one hundred fifty dollars thirteen Dollars ($150.00$ 113.00) per hour and reimburse Executive for all reasonable expenses and out-of-pocket costs incurred in connection with fulfilling his obligations under this Section 11. The Company shall endeavor to schedule such consulting so that Executive's obligations under this Section 11 to assist Company shall not unreasonably interfere with Executive's business prospects or responsibilities to a new employer.

Appears in 1 contract

Samples: Employment Agreement (Corrpro Companies Inc /Oh/)

POST TERMINATION CONSULTING AND COOPERATION. For a period of six (6) months following the termination of Executive's employment under this Agreement, regardless of whether such termination is by Executive or by the Company or whether it is with or without Good Cause, Executive, at the sole discretion of the Company, shall provide the Company and its designated agents, advisors, and executives with such consultation as the Company may reasonably require up to a maximum of twenty (20) hours per week. However, Executive shall have no consulting obligation under this Section 11 if he resigns under circumstances, circumstances which entitle him to payments under Section 7 hereof. Company shall pay Executive an hourly rate of one hundred fifty dollars three Dollars ($150.00$ 103.00) per hour and reimburse Executive for all reasonable expenses and out-of-pocket costs incurred in connection with fulfilling his obligations under this Section 11. The Company shall endeavor to schedule such consulting so that Executive's obligations under this Section 11 to assist Company shall not unreasonably interfere with Executive's business prospects or responsibilities to a new employer.

Appears in 1 contract

Samples: Employment Agreement (Corrpro Companies Inc /Oh/)

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POST TERMINATION CONSULTING AND COOPERATION. For a period of six (6) months following the termination of Executive's employment under this Agreement, regardless of whether such termination is by Executive or by the Company or whether it is with or without Good Cause, Executive, at the sole discretion of the Company, shall provide the Company and its designated agents, advisors, and executives with such consultation as the Company may reasonably require up to a maximum of twenty (20) hours per week. However, Executive shall have no consulting obligation under this Section 11 13 if he resigns under circumstances, circumstances which entitle him to payments under Section 7 hereof. Company shall pay Executive an hourly rate of one hundred fifty dollars One Hundred Dollars ($150.00100.00) per hour and reimburse Executive for all reasonable expenses and out-of-pocket costs incurred in connection with fulfilling his obligations under this Section 1113. The Company shall endeavor to schedule such consulting so that Executive's obligations under this Section 11 13 to assist Company shall not unreasonably interfere with Executive's business prospects or responsibilities to a new employeremployer .

Appears in 1 contract

Samples: Employment Agreement (Corrpro Companies Inc /Oh/)

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