Advisory Period Clause Samples
The Advisory Period clause defines a specific timeframe during which one party provides advice, guidance, or consultation to another party under the agreement. Typically, this period is set out in the contract and may include details such as start and end dates, the scope of advisory services, and any conditions for extension or early termination. By clearly establishing when advisory services are available and under what terms, this clause ensures both parties have aligned expectations and helps prevent disputes regarding the duration or nature of the advisory relationship.
Advisory Period. If Executive’s Executive Employment is terminated as provided for in paragraph (a) above and such termination was not with cause, then the Company shall retain him as an advisor and consultant for a period of two years after termination (the “Advisory Period”).
Advisory Period. The Executive agrees to serve as an Advisor to the Company from the Transition Date through the earliest of:
(a) June 28, 2025 (the “Planned Advisory Period Termination Date”),
(b) the date Executive accepts employment of any kind with any other employer that has not been approved in writing by the Company pursuant to Section 4 of this Agreement,
(c) the date the Company terminates the Executives employment for Cause (defined as (i) commission of a felony; (ii) dishonesty or misrepresentation involving the Company; (iii) serious misconduct in the performance or non-performance of his or her responsibilities to the Company (e.g., gross negligence, willful misconduct, gross insubordination or unethical conduct) or (iv) or(v) materially breaches any provision of this Agreement or the Confidential Information & Protective Covenants Agreement (“CIPCA”) executed by Executive and ▇▇▇▇ dated April 12, 2021,
(d) the date Executive voluntarily resigns from Executive’s transition services, or
(e) the date of Executive’s death, such period shall be the “Advisory Period.” and the date on which such Advisory Period actually terminates shall be the “Advisory Period Termination Date”. During the Advisory Period, the Executive will continue to be employed by the Company on an at-will basis and shall report to the Company’s Chief Human Resources Officer, ▇▇▇▇▇ ▇▇▇▇. The Company further agrees that prior to March 17, 2025 it will not terminate this Agreement for any reason other than Cause as defined in Section 2(c) above. The Executive and the Company agree that the Executive’s employment with the Company will terminate on the Advisory Period Termination Date and that the Executive shall be deemed to have fully resigned as an Advisor and employee of the Company and its subsidiaries on such date. At any time during the one (1) year following the Advisory Period Termination Date, and in an effort to secure work as an employee, contractor, advisor or Board member, Executive may request that the Company, in its sole discretion, waive the Company’s right to enforce any or all of the restrictions contained in Section 3 (“Protective Covenants”) of the CIPCA, which discretion shall not be unreasonably exercised.
Advisory Period. If ▇▇▇▇▇'▇ Executive Employment is terminated as provided in paragraph (1.1) above, or in any other manner, he shall nevertheless be retained thereafter by WORLD as an advisor and consultant until June 1, 2007.
Advisory Period. If EXECUTIVE's Employment is terminated as provided in paragraph (1.1) above, or in any other manner, he shall nevertheless be retained thereafter by NUTEK OIL as an advisor and consultant until March 31, 2014 (Advisory Period).
Advisory Period. If the Executive did not elect premium reimbursement from the Company, group term life insurance equal to the amount provided at the end of the Transition Period will be continued until the end of the Advisory Period.
Advisory Period. The Member shall be appointed to serve on the Georgia Advisory Board commencing on the Closing Date (as defined in the Merger Agreement) (the “Effective Date”) and shall continue to serve until the third anniversary of the Effective Date, unless terminated earlier as provided herein (the “Advisory Period”).
Advisory Period. You will serve as an independent contractor of the Company for the two (2) year period commencing immediately upon your Separation due to termination of your employment by the Company without Cause or your resignation of employment with the Company for Good Reason (such two (2) year period, the “Advisory Period”).
Advisory Period. The Member is appointed to serve on the Advisory Board commencing on the date hereof and continuing until the two-year anniversary of the Effective Date, unless terminated earlier as provided herein (the “Advisory Period”). The board of directors of the Bank may retain or terminate the Advisory Board following the two-year anniversary of the Effective Date. To the extent that the Advisory Board is retained for more than two years following the Effective Date, compensation to the Member for Advisory Board services following the two-year anniversary of the Effective Date will be established no later than the two-year anniversary of the Effective Date.
Advisory Period. The term of Advisor's engagement by the Company pursuant to this Agreement shall begin on November 12, 2016 and end on December 31, 2017, (the Advisory Period), unless the Advisory Period ends early and Advisory's engagement is terminated under Section 6 of this Agreement. The Advisory Period may be extended by mutual agreement in writing by the Parties.
Advisory Period. If EXECUTIVE's Employment is terminated as provided in paragraph (1.1) above, or in any other manner, he shall nevertheless be retained thereafter by GREENSTART as an advisor and consultant until October 31, 2013 (Advisory Period).