Common use of Business Transition Clause in Contracts

Business Transition. You will not be required to report to your Company office or perform your management duties after August 28, 2002 ("Separation Date") although you may be required to render services as requested to ensure a smooth business transition between August 28 and January 31, 2003. After your Separation Date, you agree to cooperate whenever needed in the preparation for and/or defense of any litigation in which the Company is involved.

Business Transition. You will not be required to report to your Company office or perform your management duties after August 28, 2002 ("Separation Date") although you may be required to render services as requested to ensure a smooth business transition between August 28 and January 31, 2003. After your Separation Date, you agree to cooperate whenever needed in the preparation for and/or defense of any litigation in which the Company is involved. If your assistance is required by the Company in such matters following the end of your consulting arrangement, you will be paid $1,000 per day and reimbursed for out-of-pocket expenses.