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APPENDIXE
CONSULTINGAGREEMENT
THISCONSULTINGAGREEMENT(the"Agreement")ismadeandenteredinto.tdOyof ,200_(the"EffectiveDate")byandbetweenXYZCorporation,a corporationdulyorganizedunderlawandhavinganusualplaceofbusinessat (hereinafterreferredtoasthe“Company")and
of (hereinafterreferredtoasthe"Consultant").
WHEREAStheCompanywishestoengagetheConsultanttoprovidetheservicesdescribedhereinandConsultantagreestoprovidetheservicesforthecompensationandotherwiseinaccordaneewiththetermsandconditionscontainedinthisAgreement,
NOWTHEREFORE,inconsiderationoftheforegoing,andforothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichareherebyacknowledged,acceptedandagreedto,theCompanyandtheConsultant,intendingtobelegallybound,agreetothetermssetforthbelow.
TERM.CommencingasoftheEffectiveDate,andcontinuingforaperiodof ()
years(the“Term”unlessearlierterminatedpursuanttoArticle4hereof,theConsultantagreesthathe/shewillserveasaconsultanttotheCompany.ThisAgreementmayberenewedorextendedforanyperiodasmaybeagreedbytheparties.
DUTIESANDSERVICES.
Consultant'sdutiesandresponsibilitiesshallbe
(collectively,the“Duties”or“Services”).
ConsultantagreesthatduringtheTermhe/shewilldevoteupto ()days
permonthtohis/herDuties.TheCompanywillperiodicallyprovidetheConsultantwithascheduleoftherequestedhours,responsibilitiesanddeliverablesfortheapplicableperiodoftime.TheDutieswillbescheduledonanas-neededbasis.
TheConsultantrepresentsandwarrantstotheCompanythathe/sheisunderno
contractualorotherrestrictionsorobligationswhichareinconsistentwiththeexecutionofthisAgreement,orwhichwillinterferewiththeperformaneeofhis/herDuties.ConsultantrepresentsandwarrantsthattheexecutionandperformaneeofthisAgreementwillnotviolateanypoliciesorproceduresofanyotherpersonorentityfor whichhe/sheperformsServices
concurrentlywiththoseperformedherein.
sbusiness.
InperformingtheServices,Consultantshallcomply,tothebestofhis/herknowledge,withallbusinessconduct,regulatoryandhealthandsafetyguidelinesestablishedbytheCompanyforanygovernmentalauthoritywithrespecttotheCompany '
CONSULTINGFEE.
Subjecttotheprovisionshereof,theCompanyshallpayConsultantaconsulting
feeof ($ )DollarsforeachhourofServicesprovidedtotheCompany
(the"ConsuitingFee’).TheConsultantshallsubmitmonthly,ontheCompanysstandardreportingform,alistingofhis/herhours,theDutiesperformedandasummaryofhis/heractivities.TheConsultingFeeshallbepaidwithinfifteen(15)daysoftheCompany
thereportandinvoice.
Consultantshallbeentitledtopromptreimbursementforallpre-approvedexpensesincurredintheperformaneeofhis/herDuties,uponsubmissionandapprovalofwrittenstatementsandreceiptsinaccordancewiththethenregularproceduresoftheCompany.
TheConsultantagreesthatallServiceswillberenderedbyhim/herasanindependentcontractorandthatthisAgreementdoesnotcreateanemployer-employeerelationshipbetweentheConsultantandtheCompany.TheConsultantshallhavenorighttoreceiveanyemployeebenefitsincluding,butnotlimitedto,healthandaccidentinsurance,lifeinsurance,sickleaveand/orvacation.Consultantagreestopayalltaxesincluding,self-employmenttaxesdueinrespectoftheConsultingFeeandtoindemnifytheCompanyintheeventtheCompanyisrequiredtopayanysuchtaxesonbehalfoftheConsultant.
EARLYTERMINATIONOFTHETERM.
IftheConsultantvoluntarilyceasesperforminghis/herDuties,becomesphysicallyormentallyunabletoperformhis/herDuties,oristerminatedforcause,then,ineachinstance,theConsultingFeeshallceaseandterminateasofsuchdate.Anytermination
“ForCause”shallbemadeingoodfaithbytheCompany 'sBoardofDirectors.
ThisAgreementmaybeterminatedwithoutcausebyeitherpartyuponnotlessthanthirty(30)dayspriorwrittennoticebyeitherpartytotheother.
UponterminationunderSections4(a)or4(b),neitherpartyshallhaveanyfurtherobligationsunderthisAgreement,exceptfortheobligationswhichbytheirtermssurvivethisterminationasnotedinSection16hereof.Uponterminationand,inanycase,upontheCompanysequest,theConsultantshallreturnimmediatelytotheCompanyallConfidentialInformation,ashereinafterdefined,andcopiesthereof.
RESTRICTEACTIVITIESDuringtheTermandforaperiodofone(1)yearthereafter,Consultantwillnot,directlyorindirectly:
solicitorrequestanyemployeeoforconsultanttotheCompanytoleavetheemployoforceaseconsuitingfortheCompany;
solicitorrequestanyemployeeoforconsultanttotheCompanytojointheemployof,orbeginconsultingfor,anyindividualorentitythatresearches,develops,marketsorsellsproductsthatcompetewiththoseoftheCompany;
solicitorrequestanyindividualorentitythatresearches,develops,marketsorsellsproductsthatcompetewiththoseoftheCompany,toemployorretainasaconsultantanyemployeeorconsultantoftheCompany;or
induceorattempttoinduceanysupplierorvendoroftheCompanytoterminateorbreachanywrittenororalagreementorunderstandingwiththeCompany.
PROPRIETARYRIGHTS.
Definitions.ForthepurposesofthisArticle6,thetermssetforthbelowshallhavethefollowingmeanings:
ConceptandIdeas.ThoseconceptsandideasdisclosedbytheCompanytoConsultantorwhicharefirstdevelopedbyConsultantduringthecourseoftheperformaneeofServiceshereunderandwhichrelatetotheCompany'present,pastorprospectivebusinessactivities,services,andproducts,allofwhichshallremainthesoleandexclusivepropertyoftheCompany.TheConsultantshallhavenopublicationrightsandallofthesameshallbelongexclusivelytotheCompany.
ConfidentialInformation.ForthepurposesofthisAgreement,ConfidentialInformationshallmeanandcollectivelyinclude:allinformationrelatingtothebusiness,plansand/ortechnologyoftheCompanyincluding,butnotlimitedtotechnicalinformationincludinginventions,methods,plans,processes,specifications,characteristics,assays,rawdata,scientificpreclinicalorclinicaldata,records,databases,formulations,clinicalprotocols,equipmentdesign,know-how,experienee,andtradesecrets;developmental,marketing,sales,customer,supplier,consultingrelationship
information,operating,performanee,andcostinformation;computerprogrammingtechniqueswhetherintangibleorintangibleform,andallrecordbearingmediacontainingordisclosingtheforegoinginformationandtechniquesincluding,writtenbusinessplans,patentsandpatentapplications,grantapplications,notes,andmemoranda,whetherinwritingorpresented,storedormaintainedinorbyelectronic,magnetic,orothermeans.
Notwithstandingtheforegoing,theterm“Confidentialnformationshallnotincludeanyinformationwhich:(a)canbedemonstratedtohavebeeninthepublicdomainorwaspubliclyknownoravailablepriortothedateofthedisclosuretoConsultant;(b)canbedemonstratedinwritingtohavebeenrightfullyinthepossessionofConsultantpriortothedisclosureofsuchinformationtoConsultantbytheCompany;
(c)becomespartofthepublicdomainorpubliclyknownoravailablebypublicationorotherwise,notduetoanyunauthorizedactoromissiononthepartofConsultant;or(d)issuppliedtoConsultantbyathirdpartywithoutbinderofsecrecy,solongasthatsuchthirdpartyhasnoobligationtotheCompanyoranyofitsaffiliatedcompaniestomaintainsuchinformationinconfidenee.
Non-DisclosuretoThirdParties.ExceptasrequiredbyConsultant'sDuties,Consultantshallnot,atanytimenoworinthefuture,directlyorindirectly,use,publish,disseminateorotherwisediscloseanyConfidentialInformation,Concepts,orIdeastoanythirdpartywithoutthepriorwrittenconsentoftheCompanywhichconsentmaybedeniedineachinstanceandallofthesame,togetherwithpublicationrights,shallbelongexclusivelytotheCompany.
Documents,etc.Alldocuments,diskettes,tapes,proceduralmanuals,guides,specifications,plans,drawings,designsandsimilarmaterials,listsofpresent,pastorprospectivecustomers,customerproposals,invitationstosubmitproposals,pricelistsanddatarelatingtothepricingoftheCompany'productsandservices,records,notebooksandallothermaterialscontainingConfidentialInformationorinformationaboutConceptsorIdeas(includingallcopiesandreproductionsthereof),thatcomeintoConsultant'spossessionorcontrolbyreasonofConsultant'sperformanceoftherelationship,whetherpreparedbyConsultantorothers:(a)arethepropertyoftheCompany,(b)willnotbeusedbyConsultantinanywayotherthaninconnectionwiththeperformanceofhis/herDuties,(c)willnotbeprovidedorshowntoanythirdpartybyConsultant,(d)willnotberemovedfromtheCompany'sorConsultant'remises(exceptasConsultant'sDutiesrequire),and(e)atthetermination(forwhateverreason),ofConsultant'srelationshipwiththeCompany,willbeleftwith,orforthwithreturnedbyConsultanttotheCompany.
Patents,etc.TheConsultantagreesthattheCompanyisandshallremaintheexclusiveowneroftheConfidentialInformationandConceptsandIdeas.Anyinterestinpatents,patentapplications,inventions,technologicalinnovations,tradenames,trademarks,servicemarks,copyrights,copyrightableworks,developments,discoveries,designs,processes,formulas,know-how,dataandanalysis,whetherregistrableornot("Developments"),whichConsultant,asaresultofrenderingServicestotheCompanyunderthisAgreement,mayconceiveordevelop,shall:(i)forthwithbebroughttotheattentionoftheCompanybyConsultantand(ii)belongexclusivelytotheCompany.NolicenseorconveyanceofanysuchrightstotheConsultantisgrantedorimpliedunderthisAgreement.
Assignment.TheConsultantherebyassignsand,totheextentanysuchassignmentcannotbemadeatpresent,herebyagreestoassigntotheCompany,withoutfurthercompensation,allofhis/herright,titleandinterestinandtoallConcepts,Ideas,andDevelopments.TheConsultantwillexecutealldocumentsandperformalllawfulactswhichtheCompanyconsidersnecessaryoradvisabletosecureitsrightshereunderandtocarryouttheintentofthisAgreement.
EQUITABLERELIEF.ConsultantagreesthatanybreachofArticles5and6abovebyhim/herwouldcauseirreparabledamagetotheCompanyandthat,intheeventofsuchbreach,theCompanyshallhave,inadditiontoanyandallremediesoflaw,therighttoaninjunction,specificperformanceorotherequitablerelieftopreventtheviolationorthreatenedviolationofConsultant'sobligationshereunder.
WAIVER.AnywaiverbytheCompanyofabreachofanyprovisionofthisAgreement
shallnotoperateorbeconstruedasawaiverofanysubsequentbreachofthesameoranyotherprovisionhereof.AllwaiversbytheCompanyshallbeinwriting.
SEVERABILITY;REFORMATIONIn.caseanyoneormoreoftheprovisionsorpartsofa
provisioncontainedinthisAgreementshall,foranyreason,beheldtobeinvalid,illegalorunenforceableinanyrespect,suchinvalidity,illegalityorunenforceabilityshallnotaffectanyotherprovisionorpartofaprovisionofthisAgreement;andthisAgreementshall,tothefullestextentlawful,bereformedandconstruedasifsuchinvalidorillegalorunenforceableprovision,orpartofaprovision,hadneverbeencontainedherein,andsuchprovisionorpartreformedsothatitwouldbevalid,legalandenforceabletothemaximumextentpossible.Withoutlimitingtheforegoing,ifanyprovision(orpartofprovision)containedinthisAgreementshallforanyreasonbeheldtobeexcessivelybroadastoduration,activityorsubject,itshallbeconstruedbylimitingandreducingit,soastobeenforceabletothefullestextentcompatiblewiththenexistingapplicablelaw.
ASSIGNMENT.TheCompanyshallhavetherighttoassignitsrightsandobligationsunderthisAgreementtoapartywhichassumestheCompany'obligationshereunder.Consultantshallnothavetherighttoassignhis/herrightsorobligationsunderthisAgreementwithoutthepriorwrittenconsentoftheCompany.ThisAgreementshallbebindinguponandinuretothebenefitoftheConsultant'sheirsandlegalrepresentativesintheeventofhis/herdeathordisability.
HEADINGS.HeadingsandsubheadingsareforconvenienceonlyandshallnotbedeemedtobeapartofthisAgreement.
AMENDMENTS.ThisAgreementmaybeamendedormodified,inwholeorinpart,onlybyaninstrumentinwritingsignedbyallpartieshereto.Anyamendment,consent,decision,waiverorotheractiontobemade,takenorgivenbytheCom
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