Example ContractsClausesConsulting Fees
Consulting Fees
Consulting Fees contract clause examples

Consulting Fees. In connection with Executive’s services as a consultant during the Consulting Period, the Company will pay an aggregate consulting fee of $130,000, with such amount to be paid in equal quarterly installments in arrears during the Consulting Period (the “Consulting Fees”).

Consulting Fees. In exchange for the performance of the Transition Services during the Consulting Period, Executive will continue to vest in shares of Company common stock underlying the equity awards set forth on [Exhibit A] attached hereto (the “Equity Awards”) in accordance with their original vesting schedules, subject to Executive continuing to provide, or remaining available to provide, the Transition Services to the Company. On the earlier of # the date Executive ceases to provide, or remain available to provide, the Transition Services or # the Consulting Period End Date, the Equity Awards shall cease vesting and any unvested portion shall thereupon be forfeited. Executive acknowledges and agrees that to the extent any option constitutes an “incentive stock option” within the meaning of the Internal Revenue Code of 1986, as amended (the “Code”) and remains unexercised as of the three (3)-month anniversary of the Separation Date, such option shall thereupon cease to qualify for favorable tax treatment as “incentive stock option”. Ordinary income recognized upon exercise of any such option that is exercised after the three (3)-month anniversary of the Separation Date will be subject to withholding taxes. Executive further acknowledges that any vested option that remains unexercised

Consulting Fees. As compensation for its services under this Agreement, the Company will pay Consultant fees (the “Consulting Fees”) as set forth on [Schedule II] hereto. Consultant shall invoice the Company monthly in arrears for Consulting Fees due with respect to the Theater Services performed by Consultant each month during the term of this Agreement. All invoices shall be due and payable within thirty days after receipt by the Company.

Consulting Fees. During the Consultation Period, the Company shall, in accordance with Section 2(d) below, pay the Consultant a consulting fee in the amount of $15,759 per month (the “Consulting Fees”).

Consulting Fees. As consideration for the Services, the Company shall pay the Consultant a monthly consulting fee at a rate of $18,000.00 (USD) per month, which shall be paid in accordance with the Company’s normal payroll procedures. Additionally, the Company will, assuming no breach of this Agreement by Consultant, pay the Consultant his [[Unknown Identifier]] 2020 bonus (with the exact amount of such bonus payment to be determined based on the Company’s level of attainment of its [[Unknown Identifier]] 2020 bonus goals as determined by the Company’s Board of Directors), such amount to be paid in accordance with the Company’s normal bonus payment procedures. For the avoidance of doubt, the Consultant’s restricted stock unit awards shall cease vesting as of his resignation date and shall not continue to vest during the Consultation Period. Consultant is responsible for any and all taxes related to payments made under this Agreement or the performance of services under this Agreement.

Consulting. During the sixty day period following any termination of this Agreement pursuant to Section ‎3.1.3, Section ‎3.1.4, Section ‎3.1.6, or Section ‎3.1.7, Executive shall be available, subject to his other reasonable commitments or obligations made or incurred in mitigation of the termination of his employment, by telephone, email or fax, as a consultant to the Company, without further compensation, to consult with its officers and directors regarding projects and/or tasks as defined by the Board.

Consulting Fees. You will receive, as compensation for the Consulting Services, $31,250 per month (the “Consulting Fees”), assuming you make yourself available to the CEO and Board of Directors as reasonably requested. It is expressly understood that as a consultant you have no control over the extent to which your services are requested, and the Company will pay the Consulting Fees regardless of whether services are requested within a given month. The Consulting Fees will be paid on or around the last business day of each calendar month during the Consulting Period, provided that no Consulting Fees will be owed or paid prior to the date this Agreement has been executed and become effective by its terms. You acknowledge that because you will be providing the Consulting Services as an independent contractor, the Company will not withhold any amount for taxes, social security or other payroll deductions from the Consulting Fees. The Company will report the Consulting Fees on an IRS Form 1099. You further acknowledge that you will be entirely responsible for payment of any taxes that may be due with respect to the Consulting Fees, and you hereby indemnify, defend and save harmless the Company, and its officers and directors in their individual capacities, from any liability for any taxes, penalties or interest that may be assessed by any taxing authority with respect to the Consulting Fees (with the exception of the employer’s share of social security, if any). The Company encourages you to obtain professional advice from an advisor of your choice with respect to the tax treatment of, and any and all tax issues with respect to, the Consulting Fees.

As full consideration for Services, Akebia will pay Consultant the amount set forth in each applicable Statement of Work in accordance with [Section 2(c) through 2(e)] below and the payment schedule set forth in each Statement of Work (“Compensation”). Consultant will invoice Akebia for all amounts due in United States Dollars, unless otherwise indicated in a Statement of Work.

Consulting Fees. The consideration described below in this Section 2.1 constitutes the full consideration for the consulting services to be provided by the Consultant to the Company. Consultant’s compensation from Company shall be reviewed on an annual basis.

Consulting Fees. In exchange for the performance of the Transition Services during the Consulting Period, Executive will continue to vest in shares of Company common stock underlying the option to purchase 45,000 shares of Company common stock granted to Executive on December 12, 2017 and the award of 12,000 restricted stock units granted to Executive on December 12, 2017 (together, the “Equity Awards”) in accordance with their original vesting schedule, subject to Executive continuing to provide, or remaining available to provide, the Transition Services to the Company. On the earlier of # the date Executive ceases to provide, or remain available to provide, the Transition Services or # the Consulting Period End Date, the Equity Awards shall cease vesting and any unvested portion shall thereupon be forfeited. Executive acknowledges and agrees that to the extent any option constitutes an “incentive stock option” within the meaning of the Internal Revenue Code of 1986, as amended (the “Code”) and remains unexercised as of the three (3)-month anniversary

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