Common use of Consulting Service Clause in Contracts

Consulting Service. (a) For purposes hereof, “Consulting Service” means the provision of services to the Company or a Subsidiary pursuant to a written consulting agreement. A cessation of Consulting Service shall be deemed to have occurred upon the expiration of such consulting agreement, unless such services are extended pursuant to the terms of such agreement or under a new agreement. Notwithstanding any contrary provision or implication herein, in determining cessation of Consulting Service for purposes hereof, a transfer of services between the Company and/or any Subsidiary shall be disregarded and shall not be considered a cessation of Consulting Service, and changes in status between that of a consultant to an Employee or a Non-Employee Director shall be disregarded and shall not be considered a cessation of Consulting Service.