Common use of Amount of Service Clause in Contracts

Amount of Service. It is anticipated that Consultant will spend approximately 50% of his normal working time in performing his duties and functions under this Agreement during the term of this Agreement. It is understood that Consultant's time commitment to the Company may vary over time consistent with the needs of the Company and Consultant agrees to devote such time and attention to the performance and fulfillment of such duties, functions and responsibilities as is necessary to fulfill such duties. Notwithstanding the foregoing, it is specifically understood and agreed that Consultant may act as a consultant or perform services for other parties other than the Company and therefore will only be required to devote a portion of his time to his services under this Agreement, which will not exceed 50% of his normal working time without his consent. Consultant shall be deemed an independent contractor for all purposes.

Appears in 1 contract

Sources: Consulting Agreement (Brigham Exploration Co)

Amount of Service. It is anticipated that the Consultant will spend approximately 50% of his normal working time in one business day per week performing his duties and functions under this Agreement during the term of this Agreement. It is understood that the Consultant's time commitment to the Company may vary over time consistent with the needs of the Company and the Consultant agrees to devote such time and attention to the performance and fulfillment of such duties, functions and responsibilities as is necessary to fulfill such duties. Notwithstanding the foregoing, it is specifically understood and agreed that the Consultant may act as a consultant or perform services for other parties other than the Company and therefore will only be required to devote a portion of his time to his services under this Agreement, which will not exceed 50% of his normal working time three business days per week without his consent. The Consultant shall be deemed an independent contractor for all purposes.

Appears in 1 contract

Sources: Consulting Agreement (Toreador Royalty Corp)