Service as an Advisor Clause Samples

The 'Service as an Advisor' clause defines the role and responsibilities of an individual or entity acting in an advisory capacity to another party, typically a company or organization. This clause outlines the scope of advisory services, such as providing strategic guidance, industry expertise, or mentorship, and may specify the duration, compensation, and limitations of the advisor's involvement. Its core function is to clearly establish the expectations and boundaries of the advisory relationship, ensuring both parties understand the nature of the engagement and reducing the risk of misunderstandings.
Service as an Advisor. The Advisor shall serve as an Advisor to the members of the Board and Management on a non-exclusive basis for the term of this Agreement. The Advisor shall perform services hereunder as an independent contractor and not as an employee, agent, joint venture or partner of the Company. The Advisor shall have no power or authority to act for, represent or bind the Company or its affiliates in any manner whatsoever, except as may be expressly agreed on each occasion, in writing, by the Company and the Board. The Advisor agrees to take no action that expresses or implies that the Advisor has such power or authority.
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Service as an Advisor. The Advisor shall serve as an advisor to the members of the Board and senior management on a non-exclusive basis for the term of this Agreement. The Advisor shall perform services hereunder as an independent contractor and not as an employee, agent, joint-venturer or partner of the Company. The Advisor shall have no power or authority to act for, represent or bind the Company or its affiliates in any manner whatsoever, except as may be expressly agreed on each occasion, in writing, by the Company and the Advisor. The Advisor agrees to take no action that expresses that the Advisor has such power or authority, and the Advisor shall use reasonable efforts to not take any action that would imply to a reasonable person that the Advisor has such power or authority.
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Service as an Advisor. The Advisor hereby resigns from all officer positions with the Company effective on June 30, 2018 or the date of the 2018 Annual Meeting of Shareholders of Tecogen, whichever is sooner. Such action is entirely voluntary on the part of the Advisor. The Advisor shall remain as an employee of Tecogen and shall perform such advisory tasks as shall be reasonably requested by the Board of Directors of Tecogen or its chief executive officer. The Advisor shall not be required to spend any specific amount of time in his advisory capacity. It is anticipated that the Advisor’s activities will largely consist of assisting in Company financings and investor relations. In addition, Advisor shall be invited to attend all Board of Directors’ meetings. After the effective date of his resignation, the Advisor will be referred to as “Chairman Emeritus” of Tecogen as an honorary title. The Advisor shall at all times act in a manner that he believes will be in the best interests of the Company.
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Related to Service as an Advisor

  • Service Period The Service Period of this Agreement is for 1 year in respect of the unit and starts on the Start Date as defined in the Terms and Conditions, or, in the case of an extension of renewal of the provision of Support Services, starts on the date of payment of the Charges.

  • Continuous Employment For purposes of this Agreement, the continuous employment of the Grantee with the Company or a Subsidiary shall not be deemed to have been interrupted, and the Grantee shall not be deemed to have ceased to be an employee of the Company or Subsidiary, by reason of (a) the transfer of the Grantee’s employment among the Company and its Subsidiaries or (b) an approved leave of absence.

  • Service Provider A public or private vendor that is funded in whole or in part using grant funds and obligated under the terms of a procurement contract with the Grantee to provide goods and/or services for the operation, management, or administration of juvenile probation services and juvenile justice programs.

  • Consultants’ Services All consultants’ services required for the Project and to be financed out of the proceeds of the Financing shall be procured in accordance with the requirements set forth or referred to in Sections I and IV of the Consultant Guidelines, and with the provisions of this Section.