Transition and Consulting Services. (a) For a period of 90 days after the Closing (or such lesser period as to which the Company gives Seller seven days' written notice), Seller shall continue to sub-license to Company the MAPICS software on an actual cost reimbursement basis.
Transition and Consulting Services. For the period from July 5, 2020 through October 3, 2020 (the “Transition Period”), Executive agrees that he will fully cooperate with the Company in effecting an orderly transition of his duties and in ensuring that the business of the Company is conducted in a professional, positive, and competent manner through the Separation Date. During the Transition Period, the Company will compensate Executive at Executive’s current salary, or at an updated salary level consistent with any approved percentage change in salary level applicable to other Named Executive Officers of the Company other than the Chief Executive Officer. Executive acknowledges and agrees that, should he accept and begin other employment before the Transition Period ends, his employment with the Company will end as of that date.
Transition and Consulting Services. During the period between the date hereof and December 31, 2007, Executive shall take all appropriate steps to transition his duties to such individuals as may be designated by the Company’s Chief Executive Officer. For the period beginning on the Retirement Date and continuing through December 31, 2009 (“Consulting Period”), Executive shall make himself available anywhere, including California, and appear without further compensation at reasonable times during normal business hours and upon reasonable prior notice for meetings, interviews, consultations, depositions, hearings, arbitrations, trials, other litigation activities, or other reasons concerning general business of the Company to provide consulting services regarding, and to facilitate the transition of, business as requested by the Company, and to provide information and testimony in the event that the Company is involved in any pending or threatened litigation or dispute, regarding matters of which Executive has specific knowledge prior to the Retirement Date based upon his service as an employee, officer or director to the Company. The Company understands that, consistent with the prior sentence, Executive intends to live in California during the Consulting Period. During the Consulting Period, Executive agrees to fully cooperate with, provide information to, and assist the Company, as well as any other entities designated by the Company, in any and all such matters as requested by the Company. Executive is expected to communicate and to testify truthfully in all activities covered by this Section 1.2, and nothing in this Agreement is intended to interfere with this responsibility. During the Consulting Period, the Company will provide Executive with a laptop computer and cellular telephone for use in providing consulting services to the Company. The Company will reimburse Executive for any reasonable and documented travel costs, and other expenses, each as approved by the Company in advance, incurred by Executive in connection with the performance of his obligations under this Section 1.2. No payment or reimbursement will be paid should litigation or claims be between the Company and Executive. Additionally, Executive’s obligations set forth in this Section 1.2 shall also apply during the period of Executive’s employment with the Company prior to the Retirement Date
Transition and Consulting Services. From the Resignation Date until December 31, 2016 or such earlier date as the Company notifies Executive in writing that such services are no longer needed (the “Separation Date”), Executive will perform such transitional and consulting services as the Company may reasonably request (the “Services”). As compensation for Executive providing the Services, Executive will receive the payments set forth in Section 4 below and three-hundred dollars ($300) per hour. The Services will generally be performed at such locations as are reasonably agreed by Executive and the Company in good faith; provided, that, Executive will perform the Services on the premises of the Company (or its applicable affiliate) when reasonably requested by the Company. The relationship between Executive and the Company from the Resignation Date to the Separation Date (the “Transition Period”) will be that of an independent contractor and consultant. With the prior written approval of the Company, Executive shall be reimbursed for reasonable out-of-pocket expenses incurred by Executive in the performance of the Services, subject to prompt submission of supporting documentation and otherwise in accordance with the Company’s reimbursement policies as in effect from time to time.
Transition and Consulting Services. (A) Prior to your Transition Date: You agree to assist with an orderly transition of your duties and relationships. As directed by Real, you will participate in external meetings with clients, partners and prospective partners where you agree to transition the relationships to designated members of the RealNetworks team. Further, as directed by Real, you will participate in internal divisional and Company meetings with employees and consultants to assist in the transition of your duties and responsibilities.
Transition and Consulting Services. Executive agrees that he will fully cooperate with the Company in effecting an orderly transition of his duties and in ensuring that the business of the Company is conducted in a professional, positive and competent manner through the Separation Date. For the period through September 30, 2018 (the “Transition Period”), Executive will remain a full-time, active employee, working on-site in his current role and title of Senior Vice President, General Counsel, and Corporate Secretary. During the Transition Period, the Company will continue to compensate Executive at 100% of his current base salary, at the annualized rate of $620,000. For the period beginning on October 1, 2018 and ending on the Separation Date (the “Consulting Period”), Executive will remain employed, with a change in role to an advisor to the Company in the title of Senior Vice President and Special Counsel. During the Consulting Period, Executive agrees to: (a) continue to support the orderly transition of his duties and (b) be available for on-demand consulting and projects as requested, on a part-time basis. Executive’s services during the Consulting Period may be rendered from any location as determined by Executive, and if the Company requests that he travel in connection with such services (including travel to any of the Company’s offices), the Company will reimburse Executive for his approved reasonable travel expenses. For the duration of the Consulting Period, the Company will compensate Executive at 50% of his current base salary, i.e., an annualized rate of $310,000. Executive acknowledges and agrees that, should he accept and begin other employment before the Transition Period and/or the Consulting Period end, his employment with the Company will end as of that date. For the avoidance of doubt, except as otherwise provided in Section 7(a) below, during the Transition Period and the Consulting Period, (i) Executive will continue to participate in (and his current eligible dependents will remain as eligible dependents in) the Company’s medical and dental employee benefit plans, and (ii) Executive’s Restricted Stock Unit Awards (pursuant to their respective Restricted Stock Unit Award Agreements dated March 24, 2015; March 22, 2016 (includes two separate awards so dated); March 21, 2017; and March 27, 2018), Performance Share Awards (pursuant to their respective Performance Share Award Agreements dated March 22, 2016 and March 21, 2017), and Stock Appreciation Rights Award dated Mar...
Transition and Consulting Services. Executive agrees that she will fully cooperate with the Company in effecting an orderly transition of her duties and in ensuring that the business of the Company is conducted in a professional, positive, and competent manner through the Separation Date. For the period through June 15, 2019, (the “Transition Period”), Executive will remain a full-time, active employee, working in her current role and title of Chief Operating Officer. During the Transition Period, the Company will continue to compensate Executive at her current base salary, i.e., an annualized rate of $925,000. Executive acknowledges and agrees that, should she accept and begin other employment before the Transition Period ends, her employment with the Company will end as of that date.
Transition and Consulting Services. Following Separation From Service, and as a condition to receiving payments described in Section 2.1, Executive shall be available to the Company from time to time and shall render to the Company such reasonable business consulting and advisory services as the Company’s board of directors may reasonably request, provided Executive does not have a physical or mental condition that renders him unable to provide such services.
Transition and Consulting Services. (a) For a period of 90 days after Closing, Buyer shall and shall cause Nippon Selas and XX Xxxxx to make available to Seller, at no cost to Seller, the services of Buyer's, Nippon Selas' and XX Xxxxx' accounting and administrative personnel to assist Seller in closing the books of Seller with respect to the Business and preparing the Closing Balance Sheet and any final tax returns.
Transition and Consulting Services. (a) You agree that, during the ---------------------------------- period from the date of this letter agreement through December 31, 2000, your activities and involvement with Cadmus generally will be limited to the following: (i) cooperating in good faith with and providing all reasonable assistance to the Board of Directors of Cadmus and the new Chief Executive Officer of Cadmus, as they may request, to assure an orderly transition of management of Cadmus, and (ii) performing such reasonable duties and tasks as are assigned to you by the Board of Directors of Cadmus or the new Chief Executive Officer of Cadmus.
