Consulting Day definition

Consulting Day has the meaning given to it in Clause 7. Customer: means the entity which purchases the Services from Qubit as more particularly detailed in the Sales Order Form.
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Consulting Day means the providing of eight hours of consulting services to the Company by Consultant (excluding travel time). The Consultant shall have the option to receive, in lieu of the cash compensation provided for in this Section 4(a), such number of shares of common stock of the Company, par value $0.0001 ("Company Stock"), with a value equal to the cash compensation due to Consultant. The value of each share of Company Stock shall be equal to the greater of (i) $0.01 and (ii) the lowest price per share at which any shares of Company Stock were sold between June 15, 2001, and March 31, 2002. The Company shall have the obligation to immediately register under an S-8 registration an adequate number of shares of Company Stock under this formula to provide free trading shares to the Consultant for all sums due under this Agreement.
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Consulting Day means 7½ working hours within the hours of 9am to 5.30pm on a Business Day.
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Examples of Consulting Day in a sentence

  • The Consultant will be paid an annual fee of $75,000 per year starting as of the date of the Company's first official Scientific Advisory Board meeting (the "Commencement Date"), and $1,000 for each Consulting Day in excess of 25 full days per year.

  • Upon termination, all accrued payments will be made and, regardless of quarter, the unpaid portion of the annual fee will be paid in proportion to the portion of the Consulting Day commitments set forth in Section 1.2 that has been provided.

  • If Consultant works less than a full Consulting Day, Consultant’s fee for that day shall be calculated at a rate of $350.00 per hour.

  • A Consulting Day shall be defined as a minimum eight hour day of Services.

  • A Consulting Day is defined as any day during which Consultant spends five hours or more or when Consultant spends fewer than five hours in each of two different days but totaling five or more hours for both days, performing Consultants duties.

  • In consideration for the Services and the terms of this Agreement, Consultant shall be paid the following compensation: Corcept shall pay Consultant a fee of $2,800 per Consulting Day, payable monthly within thirty (30) days of receipt of the invoice.

  • Any time spent in connection with any litigation relating to the Company, which time is spent at the request of the Company, shall be treated as time provided pursuant to Section 6 of this Agreement and deemed part of a Consulting Day.

  • As used herein, a Consulting Day shall be defined as seven (7) hours.

  • Should the Company request the Consultant to work more than the Maximum Number of Consulting Days in the applicable 12-month period and should the Consultant agree to work more than the Maximum Number of Consulting Days in the applicable consecutive 12-month period, the Consultant will be paid $200 per additional Consulting hour, not to exceed $1,600 per Consulting Day.


More Definitions of Consulting Day

Consulting Day means a core working day of 7.5 hours from 9.00am to 5.30pm with an hour break for lunch, Monday to Friday, excluding UK public holidays.
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Related to Consulting Day

  • Consulting Period has the meaning assigned thereto in Section 14(f) hereof.

  • Employment Date means the first date as of which an Employee is credited with an Hour of Service, provided that, in the case of a Break in Service, the Employment Date shall be the first date thereafter as of which an Employee is credited with an Hour of Service.

  • Consulting physician means a physician who is qualified by specialty or experience to make a professional diagnosis and prognosis regarding the patient's disease.

  • Severance Date means the date on which an Eligible Employee incurs a Severance.

  • Severance Term means the six (6) month period following Employee’s termination by the Company without Just Cause (other than by reason of death or Disability) or by Employee for Good Reason; provided, that if such termination occurs within twelve (12) months following a Change in Control, the Severance Term shall be the twelve (12) month period following such termination.

  • Consulting Services means services of an advisory and intellectual nature provided by consultants using their professional skills to study, design, organize, and manage projects, encompassing multiple activities and disciplines, including the crafting of sector policies and institutional reforms, specialist advice, legal advice and integrated solutions, change management and financial advisory services, planning and engineering studies, and architectural design services, supervision, social and environmental assessments, technical assistance, and programme implementation;

  • Stated Termination Date means December 31, 2000.

  • Employment Termination Date means, with respect to a Participant, the first day upon which the Participant no longer has an employment or service relationship with the Company or any Related Company.

  • Date of Employment means the first day an Employee performs an Hour of Service.

  • Consulting Agreement means any written or oral agreement to retain the services, for a fee, of a consultant for the purposes of (A) providing counsel to a contractor, vendor, consultant or other entity seeking to conduct, or conducting, business with the State, (B) contracting, whether in writing or orally, any executive, judicial, or administrative office of the State, including any department, institution, bureau, board, commission, authority, official or employee for the purpose of solicitation, dispute resolution, introduction or requests for information or (C) any other similar activity related to such contracts.

  • Retention Period means the minimum time that must pass after the creation, recording, or receipt of a record, or the fulfillment of certain actions associated with a record, before it is eligible for destruction.

  • Services Term means the period during which you are entitled by Red Hat to use, receive access or consume a particular Red Hat Product pursuant to an Order Form or Business Partner order.

  • Separation Date has the meaning set forth in the Separation Agreement.

  • Forbearance Termination Date means the earlier to occur of (i) the closing of a Transaction; (ii) October 31, 2001, or (iii) the date upon which the Forbearance Default occurs.

  • Employment Year means each twelve-month period, or part thereof, during which Employee is employed hereunder, commencing on the Commencement Date and on the same day of the subsequent calendar year and each consecutive 12 month period thereafter.

  • Consulting Firm has the meaning set forth in Section II.A.4.

  • Retention Date shall have the meaning set forth in Section 9.01 of this Agreement.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Severance Period means the period of time commencing on the date of an occurrence of a Change of Control and continuing until the earlier of (i) the date which is one and one-half years following the occurrence of the Change of Control, and (ii) the Executive's death.

  • Consulting Engineer /"Consultant" shall mean any firm or person duly appointed as such from time to time by the owner.

  • Service Period has the meaning given to it in Framework Schedule 4 (Template Order Form and Template Call Off Terms) as refined by a Contracting Body in a Call Off Agreement between that Contracting Body and the Supplier;

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Employment Period has the meaning set forth in Section 2.01.

  • Employment Term has the meaning specified in Section 2.