Advisory Role Clause Samples
The Advisory Role clause defines the scope and limitations of a party’s involvement as an advisor within an agreement. Typically, this clause clarifies that the advisor provides recommendations, guidance, or expertise but does not have decision-making authority or legal responsibility for outcomes. For example, an advisor may suggest strategies or review documents, but the final decisions rest with the client or principal party. This clause ensures that the advisor’s input is understood as non-binding, thereby protecting the advisor from liability and clarifying expectations for both parties.
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Advisory Role. The applicant accepts the services of the Ashland Main Street Program and the City of Ashland to act as an advisor in connection with the repair, remodeling or rehabilitation services on the property. the Ashland Main Street Program and the City of Ashland will not charge for their technical service.
Advisory Role. The Metro Project Manager shall take an active role as part of the Project Advisory Team and at the request of the City Project Manager will review and comment on draft project documents to communicate any concerns prior to the formal submission of the deliverables for each Milestone.
Advisory Role. 5.1 When agreed upon, SCFSS shall provide an advisory role related to the delivery of Services in respect of matters not included in Subsection 3.1 of this Agreement. SCFSS shall review and make recommendations to the UNB, the Courts, and other appropriate bodies in respect of all such matters.
5.2 SCFSS acknowledges and respects the kʷu stəmtímaʔ Declaration (Appendix C) and will work to support the kʷu stəmtímaʔ and the UNB to achieve their vision for their Relations and in asserting inherent and jurisdiction rights over all matters related to the social justice, including adoptions.
Advisory Role. The Committees shall function in an advisory capacity only and shall not have power to alter, amend, add to, or modify the terms of this Agreement.
Advisory Role. The JAC and its members shall only have an advisory role and shall discuss in good faith and provide to the Parties its opinion on the matters in its purview. The Parties agree to reasonably take into account the opinions and views expressed by the JAC and its members for performing their respective obligations under this Agreement.
Advisory Role. (a) If a Member of the Extended Founder Team no longer acts as a member of the Executive Committee (e.g. due to de-selection or to a termination of the employment agreement), the Company shall offer to such Member of the Extended Founder Team a timely unlimited agreement for an appropriate advisory role within the Company or any Group company. If the respective Member of the Extended Founder Team accepts such role and signs the advisory agreement, he shall continue to be bound by this Agreement. Otherwise, if he refuses the advisory role, such refusal shall be deemed being an Individual Sunset Event in accordance with Art. 7.3.
(b) If MH and/or MM do not act as Co-CEO or senior executive at the Company anymore, the Parties undertake to exercise their Shareholders’ rights and/or Board Members’ rights in a way to secure an observer seat on the Board to each of them, provided that their individual sell-down of Class B Shares since the date immediately following the IPO does not exceed 35 % (i.
Advisory Role. The Company understands that any and all suggestions, opinions or advice given to the Company by CONSULTANT are advisory only and the ultimate responsibility, liability and decision regarding any action(s) taken or decisions made lies solely with the Company and not with CONSULTANT.
Advisory Role. On and following the Transition Date, you will commence service to Lyft in the Advisory Role. Unless terminated earlier, the Advisory Role will terminate on the first anniversary of the Transition Date (the “Advisory Period”). During the Advisory Period you will provide consulting and advisory services as requested and specifically defined by the Board, which services will be related to ensuring a smooth transition following the appointment of ▇▇▇▇’s new Chief Executive Officer (the “New CEO”), aiding the New CEO, as specifically requested by the Board or the New CEO, and assisting in such other operational matters befitting your expertise and professional experience, as requested by the Board. You will have indemnification in the Advisory Role, consistent with the Company’s standard indemnification policies with respect to directors and officers.
Advisory Role. In addition to Versamune® and Antigenic Sequence formulations, PDS shall serve as technical advisor by providing expertise and Licensed Know How for the development of the Vaccine. PDS shall provide such services as set forth on Services Agreements which are subject to the terms and conditions of this Agreement.
Advisory Role. For a period of ninety (90) days following the date of this Agreement, the Executive shall serve as an advisor to the Board of Directors and the new Chief Executive Officer of the Company. The Executive shall provide advisory services under this Agreement on transition and strategic matters relating to the Company or any of its subsidiaries during normal business hours as may be reasonably requested by the Lead Director or the new Chief Executive Officer of the Company. The Company shall pay the Executive a fee of $1,500 per day that he provides such advisory services and shall reimburse the Executive for all out-of-pocket travel and other expenses incurred in connection with such services that are approved by the new Chief Executive Officer of the Company. The Company and the Executive shall mutually agree, in advance of the Executive providing any advisory services hereunder, to the number of days and timing that each request for such services shall require. All advisory services provided by the Executive under this Agreement shall be performed by him as an independent contractor, and not as a director, employee, agent or representative of the Company or any of its subsidiaries or affiliates. In addition, the Executive understands and agrees that, during the ninety (90) day advisory period, he shall not participate in any employee benefit, retirement, incentive compensation or other plans or programs of the Company or any of its subsidiaries or affiliates and he shall not have, nor will he hold himself out as having, any right, power or authority to bind (or to create any contract, commitment or obligation for, in the name of or on behalf of) the Company or any of its subsidiaries or affiliates. The Executive understands and agrees that (i) he shall be solely responsible for any and all taxes due and owing on any advisory and cooperation fees paid to him under this Agreement, including, but not limited to, income, FICA and self-employment taxes, and (ii) the Company shall issue a Form 1099 to the Executive, and shall not withhold any taxes for, any advisory and cooperation fees paid to him under this Agreement.