Example ContractsClausesConsulting Fee
Consulting Fee
Consulting Fee contract clause examples

Consulting Fee: Company shall pay Contractor fees calculated as follows:

Consulting Fee: $10,000 per month, payable on the 15th day of each month, through the Consulting Term. You agree that this Consulting Fee is conditioned upon your continuing ability to provide the Consulting Services, as needed, and that in the event you take an opportunity that prevents you from being able to provide the Consulting Services, the Consulting Fee payments will cease.

Beginning on the first (1st) day of the first (1st) Calendar month after Consultant provides any portion of the Loan amount as described in the Development Agreement (“Commencement Date”) and subject to the provisions hereof, Company shall pay Consultant a consulting fee of Ten Thousand Dollars ($10,000.00) per month for the Services provided to Company (the "Consulting Fee").

Consulting Fee” has the meaning set forth in Section 3.1.

Consulting Fee: A grant of seventy-five thousand (75,000) restricted shares of Alphatec Holdings, Inc. common stock, within five (5) days of the execution of this Agreement; and a lump-sum payment of $100,000, within five (5) days following the completion of the Consulting Term. You agree that this Consulting Fee is conditioned upon your satisfactory completion of the Consulting Services, as needed, and that in the event you become unavailable or fail to fulfill the Consulting Services through the Consulting Term, your entitlement to the Consulting Fee will cease. In addition to the Consulting Fee, all equity granted during your employment will continue to vest during the Consulting Term, according to the terms and conditions of each such equity grant.

Beginning on the first (1st) day of the first (1st) Calendar month after Consultant provides any portion of the Loan amount as described in the Development Agreement (“Commencement Date”) and subject to the provisions hereof, Company shall pay Consultant a consulting fee of Ten Thousand Dollars ($10,000.00) per month for the Services provided to Company (the "Consulting Fee").

Consulting Fee. As consideration for the provision of Services and the rights granted to the Company under this Agreement, during the Term the Consultant shall be paid a monthly consulting fee of $16,000, payable in arrears, which shall be paid no later than the fifteenth (15th) day of the following month (the “Consulting Fee”). The Consulting Fee shall not be prorated for the month of April 2018.

Consulting Fee. Subject to the approval of the Board, on or about the date of the Company’s 2017 annual stockholders’ meeting, Consultant will be granted a number of restricted stock units for shares of the Company’s Common Stock (the “RSUs”) in an amount equal to $110,000 divided by the closing price of a share of the Company’s Common Stock on the Effective Date. The RSUs shall vest over a one (1) year period, with one-quarter (1/4) of such RSUs vesting on each of July 1, 2017, October 1, 2017, January 1, 2018 and April 1, 2018. The RSUs shall constitute the sole consideration to be provided to Consultant during the initial Consulting Term pursuant to this Agreement, with any consideration to be provided to Consultant for any additional Consulting Terms to be agreed upon by Consultant and the Company upon extension of this Agreement. The grant of the RSUs will be made in accordance with the Company’s 2014 Equity Incentive Plan and standard related documents.

Consulting Fee. An hourly “Consulting Fee” of three hundred Dollars per hour ($300/hour), for each hour of service provided. Subject to the terms in Paragraph 9, Altimmune agrees to pay Consultant in fifty-hour increments on July 1, 2019, August 1, 2019, September 1, 2019, October 1,2019, November 1, 2019, and December 1, 2019. If Consultant exceeds fifty hours in any of the six months, Consultant shall invoice Company for services rendered on a monthly basis and such invoice will be paid within thirty (30) days after receipt by the Company. Notwithstanding the foregoing, (i) the Consulting Fee shall not exceed twenty thousand dollars per month without prior written approval; and (ii) if Company disputes any invoice under Paragraph 3(a) or 3(b) in good faith, the parties agree to work promptly in good faith to resolve any such dispute, and during such time the deadline for payment of the invoice shall be extended.

Consulting Fee. In consideration for Executive’s provision of the Services to the Company, the Executive shall be paid a monthly consulting fee of $20,000.00, payable in arrears during the Consulting Period in accordance with Company payroll practices, subject to the Executive continuing to provide the Services and to the termination provisions set forth in Section 5 (the “Consulting Fees”).

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