Common use of Scope of Consulting Clause in Contracts

Scope of Consulting. During Board Service. While you remain on our Board of Directors, that consultancy will be consistent with the usual and customary duties of a board member, and will include calling upon your attendance at Board meetings and reasonable preparation for them, as well as calling upon you, at times reasonably convenient for you and for us, for telephone consultation on matters within your sphere of expertise. Your time commitment for such consultation is not fixed, but will not exceed a commitment that can be met at the same time you hold other full-time employment, and will not exceed that usually attendant upon service as an outside member of the Board of Directors.

Appears in 4 contracts

Samples: Board of Directors Consulting and Indemnity Agreement (Electroglas Inc), Board of Directors Consulting and Indemnity Agreement (Electroglas Inc), Board of Directors Consulting and Indemnity Agreement (Electroglas Inc)

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