Consulting Arrangement definition

Consulting Arrangement means any outside employment, arrangement, or contract where the University Employee provides their expertise to an extramural third party directly or indirectly and in which the expertise is, directly or indirectly, related to the Employee’s employment or job duties with the University.

Consulting Arrangement means any outside employment, arrangement, or contract where a full-time WVURC employee provides their expertise to a non-University or non-WVURC third party as an independent contractor and in which the expertise is, directly or indirectly, related to the Employee’s employment or job duties with WVURC.

Consulting Arrangement means any outside employment, arrangement, or contract where a full-time WVUIC employee provides their expertise to a non-University or non-WVUIC third party as an

Examples of Consulting Arrangement in a sentence

• During the term of the Consulting Arrangement, Consultant shall be deemed to be an independent contractor.

• Consultant shall not be considered as having an employee status vis-a-vis the Corporation, or by virtue of the Consulting Arrangement being entitled to participate in any plans, arrangements or distributions by the Corporation pertaining to or in connection with any pension, stock, bonus, profit sharing, welfare benefits, or similar benefits for the regular employees of the Corporation.

• The Corporation hereby contracts for the services of Consultant and Consultant agrees to perform such duties and responsibilities and to render advice and consulting as may be requested by the Corporation from time to time during the term of this consulting arrangement in connection with the Corporation's business throughout the United States and world wide ("Consulting Arrangement").

• Company-Paid Coverage shall continue until the earlier of (i) termination of the Consulting Arrangement or (ii) the date that the Employee and his or her dependents become covered under another employer's group health, dental or life insurance plans that provide Employee and his or her dependents with comparable benefits and levels of coverage.

• Notwithstanding the foregoing, the Consulting Arrangement may be terminated earlier by either party upon five days written notice of termination if the other party fails to cure any material breach of its obligations hereunder within 10 days after receipt of notice specifying such breach.

• As consideration for the Employee's services under the Consulting Arrangement, the Company shall pay in cash to Employee an amount equal to 1/12th of the Employee's Annual Compensation on the last day of each full month following the Termination Date during which the Consulting Arrangement is in effect.

• Notwithstanding the foregoing, the parties intend for Executive to have a “separation from service” within the meaning of Section 409A (as defined below) on the Separation Date, and accordingly, the level of consulting services the Executive performs under the Consulting Arrangement will in no event exceed 20% of the average level of bona fide services performed by Executive for the Company over the thirty-six (36) month period immediately preceding the Separation Date.

• The other terms of the Consulting Arrangement shall be mutually agreed between Executive and the Company and set forth on the Company’s standard form of consulting agreement.

• Executive must sign and allow to become effective a general release of claims in substantially the form attached hereto as Exhibit C (the “Release”) as a precondition to receiving the extended exercise period available under Section 2.3 of this Agreement and accelerated vesting benefits available under Section 8 of this Agreement, and to entering into the Consulting Arrangement under Section 7.3 of this Agreement.

• In consideration for the [Consulting Arrangement] [and] [Accelerated Vesting Benefits] to be provided to me pursuant to my Executive Employment Agreement with Reliant Technologies, Inc.

More Definitions of Consulting Arrangement

Consulting Arrangement means a consulting arrangement for a twelve (12) month period of no more than twenty (20) hours per month in exchange for consulting fees in an amount of $788,000, where the total amount is paid monthly in twelve equal payments, pursuant to a consulting agreement in a form provided by the Company, which will include a provision allowing Executive to seek full-time employment with any company so long as such employment does not create a conflict of interest with the Company and/or its board of directors, provided that, for the avoidance of any doubt, nothing in the consultant agreement shall prohibit Executive from serving as a member of the board of directors of any other company.

Consulting Arrangement has the meaning ascribed thereto in section 4.5;

Consulting Arrangement means the consulting relationship between LICENSOR and LICENSEE established pursuant to that certain Consulting Agreement between the parties of even date herewith, and which is attached hereto as Exhibit A.

Consulting Arrangement means any outside employment, arrangement or contract where a full-time faculty or non- classified staff provides their expertise to a non-University third party as an independent contractor and in which the expertise is, directly or indirectly, related to the employee’s employment or job duties with the University.