(f) non-competition; The duty of loyalty. During the consultation period, Mr. Chishti may engage in any other employment, counsel or other enterprise, provided that such activity does not prevent him from making himself available to him to provide consulting services to the enterprise as indicated above, and provided that Mr. Chishti does not engage in employment, advice or business with or for the benefit of a party competitive with this: the business activities proposed or reasonably expected of the business; Provided that Mr. Chishti is already participating in an activity that the company proposes or expects without having breached the agreement, Mr. Chishti may continue that activity. (a) responsibilities. During the consultation phase, Mr. Chishti undertakes to make himself available to provide advisory services on time and in appropriate locations, as required by the new Chief Executive Officer or his delegate.
Lord. M. Chishti also agrees that he will make himself available during the consultation phase and that he will make his best efforts in the CEO`s transition process. Mr. Chishti`s commitment to the company for the first two years of the consultation period is 200 hours per year and 100 hours per year for the remaining two years of the consulting period. The most difficult part of setting up a new consulting company is the problem of cold start-up. Where do you find your first customers? How do you build a reputation that puts you in place if you don`t have anything to show yet? Why would anyone trust you or believe you can do a great job if they don`t know you? 1.4 Behavioural Standard. When providing consulting services under this agreement, the consultant must meet high professional standards of work and business ethics.
The advisor may not use the company`s time, materials or equipment without the company`s prior written consent. Under no circumstances may the Advisor take any action or accept assistance or participate in activities that would lead a university, governmental authority, research institute or any other person, organization or organization to acquire rights of any kind over the results of the work performed by or for the company. 15. Global Agreement. This Agreement and its Annexes constitute the entire agreement and understanding between the Company and Mr. Chishti regarding the separation of Mr. Chishti from the Company and supersede all prior agreements and understandings relating to Mr. Chishti`s relationship with the Company and his remuneration by the Company. 5.
Stock options. All outstanding stock options granted by the Company to Mr. Chishti, including the new option granted to Mr. Chishti. Chishti on February 8, 2002, will remain steadfast in the option agreements issued to Mr. Chishti and, as described in this agreement, will remain and remain applicable for a period of three (3) months after the end of the consultation period to the extent that is unwavering. 7.2 Prohibition of debauchery. The Consultant undertakes and agrees that, during the term of this Agreement, the Consultant shall not engage, hire, hire, hire, employ directly or indirectly, through an existing business, an unregistered business, a related party, a successor employer or other employee or independent contractor, or do not engage with him or her in part-time employment, advice, advice or other; except on behalf of the company, while the consultant provides services to the company. The Counsellor acknowledges that the provisions of Articles 5, 6 and 7 of this Agreement are reasonably necessary to protect the legitimate interests of the undertaking, that they are proportionate and lasting and are not excessively restrictive.
The Counsellor also acknowledges that a breach of any of the provisions of Articles 5, 6 or 7 of this Agreement will cause irreparable harm to the Company and that a remedy in the event of a breach of the Agreement is insufficient and that, therefore, the Company has the right to seek all appropriate remedies, including: not limited to injunctions and other remedies, which are available between the parties under the legislation or agreement in force. . . .