Common use of Compensation of the Consultant Clause in Contracts

Compensation of the Consultant. 2.1 As consideration for the provision of the Services by the Consultant, the Company and the Consultant agree to the compensation set out in in Schedule “B” to this Agreement. Unless specifically agreed to in writing by the Company and the Consultant, the Consultant shall not be entitled to any remuneration for performance of the Services except as set out in this Agreement. 2.2 The Company shall reimburse the Consultant for all documented reasonable travelling and other expenses incurred by the Consultant in connection with providing the Services under this Agreement, such reimbursement to be made in accordance with, and subject to, the policies and/or guidelines of the Company from time to time. The Consultant is solely responsible for, and must maintain adequate records of, expenses incurred in the course of performing the Services, and shall provides copies of such invoices and records relating to such expenses to the Chief Financial Officer of the Company in a timely manner in connection with any request for reimbursement. Any expenses for $250 or greater incurred by the Consultant in connection with provision of the Services must be pre‐approved by the CEO (as defined herein) or Chief Financial Officer in writing. 2.3 The Consultant acknowledges and agrees that it shall be responsible for the timely payment of all taxes and remittances in connection with any remuneration hereunder.

Appears in 1 contract

Sources: Consulting Agreement

Compensation of the Consultant. 2.1 As consideration for the provision of the Services by the Consultant, the Company and the Consultant agree to the compensation set out in in Schedule “B” to this Agreement. Unless specifically agreed to in writing by the Company and the Consultant, the Consultant shall not be entitled to any remuneration for performance of the Services except as set out in this Agreement. 2.2 The Company shall reimburse the Consultant for all documented reasonable travelling and other expenses incurred by the Consultant in connection with providing the Services under this Agreement, such reimbursement to be made in accordance with, and subject to, the policies and/or guidelines of the Company from time to time. The Consultant is solely responsible for, and must maintain adequate records of, expenses incurred in the course of performing the Services, and shall provides copies of such invoices and records relating to such expenses to the Chief Financial Officer of the Company in a timely manner in connection with any request for reimbursement. Any expenses for $250 or greater incurred by the Consultant in connection with provision of the Services must be pre‐approved by the CEO (as defined herein) or Chief Financial Officer in writing. 2.3 The Consultant acknowledges and agrees that it shall be responsible for the timely payment of all taxes and remittances in connection with any remuneration hereunder.

Appears in 1 contract

Sources: Executive Consulting Agreement