Consulting Relationship Contract Clauses (64)

Consulting Relationship. Consultant agrees, as a condition of this Agreement, to the following terms: Protagenic Therapeutics Inc., 149 5th Avenue, Suite 500, New York, NY 10010, Tel: 212 994 8202, F: 508 734 2177, www.protagenic.com 1 3.1 Compliance. a. With Institution Policies. Protagenic recognizes that if the Consultant becomes a faculty member at or employee of a university or hospital ("Institution"), then the Consultant is responsible for ensuring that any consulting agreement Consultant enters into with industr...y is not in conflict with the patent, consulting or other policies of Institution. If Consultant is required by Consultant's Institution to disclose to it any proposed agreements with industry, Consultant has made that disclosure. If Institution's prior approval of this Agreement is required by Institution policies, Consultant has obtained that approval. b. With Policies and Regulations. In performing the Consulting Services, Consultant will comply with all business conduct, regulatory, and health and safety guidelines or regulations established by Protagenic or any governmental authority with respect to State of Delaware's business. c. Absence of Debarment. Consultant represents that Consultant has not been debarred, and to the best of Consultant's knowledge, is not under consideration to be debarred, either by the Health Canada or by the U.S. Food and Drug Administration from working in or providing services to any pharmaceutical or biotechnology company under the Generic Drug Enforcement Act of 1992. 3.2 Absence of Restrictions. Consultant is under no contractual or other obligation or restriction which is inconsistent with Consultant's execution of this Agreement or the performance of the Consulting Services. During the Term, Consultant will not enter into any agreement, either written or oral, in conflict with Consultant's obligations under this Agreement. Consultant will arrange to provide the Consulting Services in such manner and at such times so that they will not conflict with Consultant's responsibilities under any other agreement, arrangement or understanding or pursuant to any employment relationship Consultant has at any time with any third party (including, without limitation, Institution). 3.3 Confidential Information of Third Parties. The performance of the Consulting Services does not and will not breach any agreement which obligates Consultant to keep in confidence any confidential or proprietary information of any third party or to refrain from competing, directly or indirectly, with the business of any third party. Consultant will not disclose to State of Delaware any confidential or proprietary information of any third parties. 3.4 Competitive Activities. During the Term and for a period of twelve (12) months thereafter, Consultant will not provide consulting services to any business or entity developing a product or sponsoring a project which competes with a product being developed or project being sponsored by Protagenic for which Consultant is providing Consulting Services. It will not be considered a competitive activity for Consultant to be a member of the faculty or staff of a university, college or other educational or non-profit research institution. View More

Consulting Relationship. During the term of this Agreement, Consultant will provide consulting services (the "Services") to the Company as described on Exhibit A attached to this Agreement. Consultant represents that Consultant is duly licensed (as applicable) and has the qualifications, the experience and the ability to properly perform the Services. Consultant shall use Consultant's reasonable best efforts to perform the Services such that the results are satisfactory to the Company.

Consulting Relationship. The Company will retain Consultant, and Consultant hereby agrees to work for the Company, upon the terms and conditions set forth in this Agreement for the period beginning on the Effective Date (as defined below) and, unless sooner terminated as provided in Section 4 hereof, ending six months after the Effective Date (the "Consulting Period").