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Exhibit 10.11

AUTOWEB, INC.

 

2018 Equity Incentive Plan Restricted Stock Award
Agreement

 

This
Restricted Stock Award Agreement (“Agreement”) is entered into
effective as of the Award Date set forth on the signature page to
this Agreement (“Award
Date”) by and between AutoWeb, Inc., a Delaware
corporation (“Company”), and the person set
forth as Participant on the signature page hereto
(“Participant”).

 

This
Agreement and the shares of restricted stock granted hereby are
subject to the provisions of the AutoWeb, Inc. 2018 Equity
Incentive Plan (“Plan”). In the event of a conflict
between the provisions of the Plan and this Agreement, the Plan
shall control. Capitalized terms used but not defined in this
Agreement shall have the meanings assigned to such terms in the
Plan.

 

1. Award of Restricted
Stock. Company hereby awards to Participant the number of
shares of common stock of Company, par value $0.001 per share, set
forth on the signature page to this Agreement (“Restricted Shares”), subject to
the Forfeiture Restrictions set forth herein.

 

2. Forfeiture
Restrictions Lapse Schedule. All Restricted Shares awarded
pursuant to this Agreement are subject to forfeiture back to
Company as may be provided in Section 3 (“Forfeiture Restrictions”) subject
to the Forfeiture Restrictions lapsing in accordance with the
vesting schedule set forth on the signature page to this agreement
(“Vesting
Schedule”).

 

3. Effect of Certain
Events on Forfeiture Restrictions.

 

(a)           Termination
of Employment.

 

(i)           Termination
of Employment By Company Without Cause or By Participant With Good
Reason. In the event Participant’s employment with
Company is terminated by Company without Cause or by Participant
for Good Reason, the Forfeiture Restrictions on the Restricted
Shares that have not lapsed prior to such termination of employment
shall lapse. For purposes of this Agreement, the terms
“Cause” and
“Good
Reason” shall have the meanings ascribed
to them in the Severance Benefits Agreement by and between Company
and Participant and referenced on the signature page to this
Agreement, as such agreement may be amended from time to time
(“Severance Benefits
Agreement”).

 

(ii)           Termination
of Employment By Company For Cause or By Participant Without Good
Reason. Upon the termination of Participant’s
employment by Company for Cause or by Participant without Good
Reason, any Restricted Shares that remain subject to the Forfeiture
Restrictions at the time of termination of employment shall be
immediately forfeited and cancelled.

 

(iii)           Termination
of Employment By Reason of Participant’s Death. Upon
the termination of Participant’s employment by Company by
reason of Participant’s death, the Forfeiture Restrictions on
the Restricted Shares that have not lapsed prior to such
termination of employment shall lapse.

 

 

-1-

 

 

(iv
)         
Termination of Employment
By Company By Reason of Participant’s Disability. Upon
the termination of Participant’s employment by Company by
reason of Participant’s Disability, the Forfeiture
Restrictions on the Restricted Shares that have not lapsed prior to
such termination of employment shall lapse. For purposes of this
Agreement, “Disability” shall mean Participant
becoming “permanently and totally disabled” within the
meaning of Section 22(e)(3) of the Code or as otherwise determined
by the Committee in its discretion. The Committee may require such
proof of Disability as the Committee in its sole and absolute
discretion deems appropriate, and the Committee’s
determination as to whether Participant has incurred a Disability
shall be final and binding on all parties concerned.

 

(b)           Change
in Control. In the event of a Change in Control, the effect
of the Change in Control on the Restricted Shares shall be
determined by the applicable provisions of the Plan (including,
without limitation, Article 10 of the Plan), provided that (i) to
the extent the Restricted Shares are assumed or substituted by the
successor company in connection with the Change in Control (or the
Restricted Shares are continued by Company if it is the ultimate
parent entity after the Change in Control), the Forfeiture
Restrictions shall lapse in accordance with clause (i) of Section
10.2(a) of the Plan only if Participant’s employment is
terminated within twenty-four (24) months following the date of the
Change in Control by Company or a Subsidiary (or the successor
company or a subsidiary or parent thereof) without Cause or by
Participant for Good Reason; and (ii) the Restricted Shares shall
not be deemed assumed or substituted by a successor company (or
continued by Company if it is the ultimate parent entity after the
Change in Control) for purposes of Section 10.2(a) of the Plan if
the Restricted Shares are not assumed, substituted or continued
with equity securities of the successor company or Company, as
applicable, that are publicly-traded and listed on an exchange in
the United States and that have voting, dividend and other rights,
preferences and privileges substantially equivalent to the
Restricted Shares. If the Restricted Shares are not deemed assumed,
substituted or continued for purposes of Section 10.2(a) of the
Plan, the Restricted Shares shall be deemed not assumed,
substituted or continued and shall be governed by Section 10.2(b)
of the Plan.

 

(c)           Forfeiture
upon Engaging in Detrimental Activities. If, at any time
while any Restricted Shares remain subject to the Forfeiture
Restrictions or within the twelve (12) months after (i) the
Forfeiture Restrictions lapse as to any Restricted Shares; or (ii)
the effective date of any termination of Participant’s
employment by Company or by Participant for any reason, Participant
engages in, or is determined by the Committee in its sole
discretion to have engaged in, any (i) material breach of any
non-competition, non-solicitation, non-disclosure or settlement or
release covenant or agreement with Company or any Subsidiary; (ii)
activities during the course of Participant’s employment with
Company or any Subsidiary constituting fraud, embezzlement, theft
or dishonesty; or (iii) activity that is otherwise in conflict
with, or adverse or detrimental to the interests of Company or any
Subsidiary, then (x) Restricted Shares still subject to Forfeiture
Restrictions shall be forfeited effective as of the date on which
Participant engaged in or engages in that activity or conduct,
unless terminated sooner pursuant to the provisions of this
Agreement; (y) Restricted Shares for which the Forfeiture
Restrictions have lapsed but that are still in the possession of or
control of Participant shall be forfeited and returned to Company
effective as of the date on which Participant engaged in or engages
in that activity or conduct, unless terminated sooner pursuant to
the provisions of this Agreement; and (z) the amount of any
proceeds realized by Participant from any sale or other transfer of
Restricted Shares as to which the Forfeiture Restrictions had
lapsed shall be forfeited by Participant and shall be paid by
Participant to Company, and recoverable by Company, within sixty
(60) days following such termination date of the Options.  For
purposes of the foregoing, the following will be deemed to be
activities in conflict with or adverse or detrimental to the
interests of Company or any Subsidiary: (i) Participant’s
conviction of, or pleading guilty or nolo contendere to any
misdemeanor involving moral turpitude or any felony, the underlying
events of which related to Participant’s employment with
Company; (ii) knowingly engaged or aided in any act or transaction
by Company or a Subsidiary that results in the imposition of
criminal, civil or administrative penalties against Company or any
Subsidiary; or (iii) misconduct during the course of
Participant’s employment by Company or any Subsidiary that
results in an accounting restatement by Company due to material
noncompliance with any financial reporting requirement under
applicable securities laws, whether such restatement occurs during
or after Participant’s employment by Company or any
Subsidiary.

 

 

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(d)           Reversion
of Forfeited Shares to Plan. Any Restricted Shares that are
forfeited shall be cancelled and revert to the Plan and shall again
be available for Awards under the Plan.

 

(e)       
Reservation of Committee
Discretion to Accelerate Lapse of Forfeiture
Restrictions.  The Committee reserves the right, in its
sole and absolute discretion, to accelerate the lapsing of the
Forfeiture Restrictions under circumstances not otherwise covered
by the foregoing provisions of this Section 3.  The Committee
is under no obligation to exercise any such discretion and may or
may not exercise such discretion on a case-by-case
basis.

 

4. Restrictive Legend. Until
Forfeiture Restrictions lapse, all book entry accounts (or if
applicable, certificates) representing the Restricted Shares shall
bear the following legend in addition to all other legends
applicable to shares of Company’s common stock:

 

The
shares represented by this Advice [or Certificate, if applicable]
are subject to forfeiture to and recoupment by AutoWeb, Inc. and
may not be sold or otherwise transferred except pursuant to the
provisions of the 2018 Equity Incentive Plan Restricted Stock Award
Agreement by and between AutoWeb, Inc. and [Participant] dated as
of [Award Date].

 

As
Forfeiture Restrictions lapse and Participant has made arrangements
satisfactory to Company to satisfy applicable tax-withholding
obligations, Company shall cause the foregoing restrictive legend
to be removed with respect to Restricted Shares that are no longer
subject to the Forfeiture Restrictions. Notwithstanding the
foregoing, Participant agrees that Company may impose, and
Participant agrees to be bound by, Company policies and procedures
with respect to the ownership, timing and manner of resales of
shares of Company’s securities, including without limitation,
(i) restrictions on insider trading; (ii) restrictions designed to
delay and/or coordinate the timing and manner of sales by officers,
directors and affiliates of Company following a public offering of
Company’s securities; (iii) stock ownership or holding
requirements applicable to officers and/or directors of Company;
and (iv) the required use of a specified brokerage firm for such
resales.

 

 

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5. Section 83(b) Election
Notice. If
Participant elects
under Section 83(b) of the Code to be taxed immediately on the
Restricted Shares rather than as the Forfeiture Restrictions lapse,
Participant must notify Company of the election within ten (10)
days of filing that election with the Internal Revenue
Service.

 

6. Miscellaneous.

 

(a)           Nontransferability
of Restricted Shares. The Restricted Shares shall be
nontransferable or assignable except to the extent expressly
provided in the Plan. This Agreement
is not intended to confer upon any person other than the parties
hereto any rights or remedies hereunder.

 

(b)           Severability.
If any provision of this Agreement shall be held unlawful or
otherwise invalid or unenforceable in whole or in part by a court
of competent jurisdiction, such provision shall (i) be deemed
limited to the extent that such court of competent jurisdiction
deems it lawful, valid and/or enforceable and as so limited shall
remain in full force and effect, and (ii) not affect any other
provision of this Agreement or part thereof, each of which shall
remain in full force and effect.

 

(c)           Governing
Law, Jurisdiction and Venue. This Agreement shall be
governed by and interpreted in accordance with the laws of the
State of Delaware other than its conflict of laws principles. The
parties agree that in the event that any suit or proceeding is
brought in connection with this Agreement, such suit or proceeding
shall be brought in the state or federal courts located in New
Castle County, Delaware, and the parties shall submit to the
exclusive jurisdiction of such courts and waive any and all
jurisdictional, venue and inconvenient forum objections to such
courts.

 

(d)           Headings.
The headings in this Agreement are for reference purposes only and
shall not affect the meaning or interpretation of this
Agreement.

 

(e)           Notices.
All notices required or permitted under this Agreement shall be in
writing and shall be sufficiently made or given if hand delivered
or mailed by registered or certified mail, postage prepaid. Notice
by mail shall be deemed delivered on the date on which it is
postmarked.

 

Notices
to Company should be addressed to:

 

AutoWeb,
Inc.

18872
MacArthur Blvd., Suite 200

Irvine,
CA 92612-1400

Attention: Chief
Legal Officer

 

Notice
to Participant should be addressed to Participant at
Participant’s address as it appears on Company’s
records.

 

Company
or Participant may by writing to the other party designate a
different address for notices. If the receiving party consents in
advance, notice may be transmitted and received via telecopy or via
such other electronic transmission mechanism as may be available to
the parties. Such notices shall be deemed delivered when
received.

 

 

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(f)           Agreement
Not an Employment Contract. This Agreement is not an
employment or service contract, and nothing in this Agreement or in
the granting of the Restricted Shares shall be deemed to create in
any way whatsoever any obligation on Participant’s part to
continue as an employee of Company or any Subsidiary or on the part
of Company or any Subsidiary to continue Participant’s
employment or service as an Employee.

 

(g)           Counterparts.
This Agreement may be executed in multiple counterparts, each of
which shall be deemed an original Agreement but all of which, taken
together, shall constitute one and the same Agreement binding on
the parties hereto. The signature of any party hereto to any
counterpart hereof shall be deemed a signature to, and may be
appended to, any other counterpart hereof.

 

(h)           Administration.
The Committee shall have the power to interpret the Plan and this
Agreement and to adopt such rules for the administration,
interpretation and application of the Plan and this Agreement as
are consistent with the Plan and to interpret or revoke any such
rules. All actions taken and all interpretations and determinations
made by the Committee (including determinations as to the
calculation, satisfaction or achievement of performance-based
vesting requirements, if any, to which the Restricted Shares are
subject) shall be final and binding upon Participant, Company and
all other interested persons. No member of the Committee shall be
personally liable for any action, determination or interpretation
made in good faith with respect to the Plan or this
Agreement.

 

(i)           Entire
Agreement; Modification. This Agreement and the Plan contain
the entire agreement between the parties with respect to the
subject matter contained herein and may not be modified except as
provided in the Plan or in a written document signed by each of the
parties hereto and may be rescinded only by a written agreement
signed by both parties.

 

Remainder of Page Intentionally Left Blank; Signature Page
Follows

 

 

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IN
WITNESS WHEREOF, the parties have executed this Agreement effective
as of the Grant Date.

 

 

Award
Date: 
_______________________________________

 

Number
of Restricted Shares: __________________________

              
   

Severance Benefits
Agreement:
________________________

 

Vesting Schedule:
___________________________________

  

	
	

“Company”  

 

AutoWeb, Inc., a
Delaware corporation 

	
 

	
 

	
 

	
 

	
 

	
 

	
By:  

	
 

	
 

	
 

	
 

	
[Company
Representative]

	
 

	
 

	
 

	
[Title]

	
 

 

 

	
 

	
“Participant”

	
 

	
 

	
 

	
 

	
 

	
 

	
By:  

	
 

	
 

	
 

	
 

	
[Participant’s
Name]

	
 

	
 

	
 

	
[Title]

	
 

  

           
 

                                                                    

	
 

	

-6-Exhibit

Exhibit 10.1
 
ADVISORY COUNCIL MEMBERSHIP AGREEMENT
This Advisory Council Membership Agreement (the “Agreement”) is made as of February 3, 2017, by and between Fannie Mae, (the “Company”), and Antony Jenkins (“Advisor”).
R E C I T A L S:
WHEREAS, Company has formed a Digital Advisory Council (the “Advisory Council”) to assist it in evaluation of its technology and business activities, as further described in this Agreement.

WHEREAS, Company wishes to engage the services of Advisor, as a member of its Advisory Council, to provide the services set forth below, and Advisor wishes to provide such services.
NOW, THEREFORE, in consideration of the covenants hereinafter stated, the parties agree as follows:
1.     Engagement.
1.1           Advisory Council.  For the term of this Agreement, the Advisor shall serve as a member of the Advisory Council.  The Advisory Council shall consist of the Advisor and such other members as shall be determined by the Company.  The Company may adopt an Advisory Council charter, which shall be mutually agreeable to the Company and the members of the Advisory Council. 
1.2           Advisor Services.  The Advisor’s services to the Company hereunder shall consist of service on the Advisory Council to render the advice and other services agreed upon by the Advisor and the Company from time to time (the “Services”) as specified in Exhibit A attached hereto.
2.     Compensation and Expenses. 
2.1    Compensation.  As consideration for the Services to be provided by the Advisor and other obligations, Advisor shall receive Sixty Thousand Dollars ($60,000) per annum (“Advisory Fee”).  The Advisory Fee shall be paid in two (2) equal installments in January and July of each year.
2.2    Expenses.  The Company shall reimburse Advisor, on a monthly basis, for all usual, reasonable and necessary expense paid or incurred by Advisor in connection with, or related to, the performance of Advisor’s performance of the Services under this Agreement, subject to pre-approval of the expenses by the Company and satisfactory receipt by the Company of appropriate documentary proof of all expenditures for which reimbursement is sought and the approval thereof by the Company.
3.     Term.
3.1           Term.  The initial term of this Agreement is three (3) years beginning on the Effective Date set forth above and will automatically renew for additional terms of one (1) year until terminated in accordance with this Section.
3.2           Termination.  Either party may terminate this Agreement without cause upon thirty (30) days’ advance written notice to the other party.  Company may terminate this Agreement immediately if Advisor is in material breach of this Agreement.  This Agreement and any unearned rights to compensation by Advisor shall immediately terminate if this Agreement is terminated for any reason.
3.3           Survival.  The rights and obligations contained in Sections 3, 6, 7, 8, 9, and 11 will survive any termination of this Agreement.  
4.     Independent Contractor Relationship. Advisor’s relationship to the Company shall be that of an independent Advisor.  Nothing in this Agreement shall be construed to create any partnership, joint venture, employer-employee or agency relationship between Company and Advisor.  Company shall not be responsible to Advisor or any governing body for any payroll-related taxes or insurance related to the performance of the terms of this Agreement.    

5.     Disclosure of Interest. Upon learning that the Company is considering entering into a contract or transaction with an enterprise in which Advisor has a direct or indirect interest, whether individually or as a director, officer, employee, agent or equity owner thereof, Advisor shall immediately notify the Company of the material facts of her interest in such enterprise. Such notice shall be in writing and given to the Company at the address set forth in Section 10.3 below.
6.     Intellectual Property
6.1       Proprietary Rights Created Outside of Performance of Services.  Any and all inventions, discoveries, processes, ideas, methods, designs and know-how, whether or not patentable, which Advisor may conceive or make either alone or in conjunction with others, prior to the term of this Agreement or during the term of this Agreement that were not developed in connection with the Services performed hereunder, shall remain the exclusive property of Advisor.
6.2    Ownership.  All ideas, inventions, improvements, methods, processes, works of authorship and other forms of intellectual property that the Advisor conceives, reduces to practice or develops during the term of the Agreement, alone or in conjunction with others, in connection with performance of the Services, including designs, data, software code, ideas, inventions, know-how, materials, marks, methods, procedures, tools, interfaces, and other forms of technology as well as any intellectual property rights of any kind therein (collectively, the “Work Product”), will be the sole and exclusive property of the Company.  Any and all elements of the Work Product that are works of authorship eligible to be  “works made for hire” under the U.S. Copyright Act shall be considered works made for hire with the Company as “author.”  Advisor hereby irrevocably assigns, transfers, and conveys in perpetuity to Company any and all present and future intellectual property rights that Advisor may have in or to any Work Products, and irrevocably waives all moral rights in, and all other intellectual property rights to, all Work Products.
6.3        Assistance.   Advisor agrees to assist the Company in any reasonable manner to obtain and enforce for the Company’s benefit any patents, copyrights and other property rights in any and all countries, with respect to any Intellectual Property, and Advisor agrees to execute, when requested, patent, copyright or similar applications and assignments to the Company and any other lawful documents deemed necessary by the Company to carry out the purpose of this Agreement with respect thereto.  If called upon to render assistance under this paragraph after the term of this Agreement, Advisor will be entitled to a fair and reasonable fee in addition to reimbursement of authorized expenses incurred at the prior written request of the Company.  In the event that the Company is unable for any reason to secure the Advisor’s signature to any document required to apply for or execute any patent, copyright or other applications with respect to any Intellectual Property (including improvements, renewals, extensions, continuations, divisions or continuations-in-part thereof), after a written demand is made therefore upon Advisor (which shall refer to the provisions of this paragraph), Advisor hereby irrevocably designates and appoints the Company and its duly authorized officers and agents as Advisor’s agents and attorneys-in-fact to act for and in Advisor’s behalf and instead of Advisor, to execute and file any such application and to do all other lawfully permitted acts to further the prosecution and issuance of patents, copyrights, mask works or other rights thereon with the same legal force and effect as if executed by Advisor. 
7.     Confidentiality.  
7.1        Confidential Information Advisor acknowledges that in serving the Company in its capacity as Advisor as contemplated by this Agreement, Advisor may be given or obtain access information that is not a matter of public knowledge or which is specifically designated as confidential which may include, without limitation, trade secrets, product development strategy and activity, product concepts and features, marketing strategy, corporate assessments and strategic plans, pricing, financial and statistical information, accounting information, identity of suppliers or clients, software (including source code and object code), technical specifications, systems, processes, formulae, inventions, discoveries, developments, designs, drawings, models, algorithms, flow charts and other documentation policies, guidelines, procedures, practices, disputes, or litigation, and similar information which may otherwise become available during the term of this Agreement (collectively, the “Confidential Information”). Accordingly, Advisor agrees to: (i) restrict the access to, possession, knowledge, and use of, Company’s Confidential Information to Advisor, (ii) accord Company’s Confidential Information at least the same level of protection against unauthorized use and disclosure as Advisor customarily accords to its own information of a similar nature but no less than a commercially reasonable degree of protection, (iii) use Company’s Confidential Information solely in accordance with the terms of this Agreement, and (iv) promptly notify Company, in writing, of any actual or suspected loss or unauthorized use, disclosure or access of Company’s Confidential Information of which Advisor becomes aware, and take all steps reasonably requested by Company to limit, stop or otherwise 

prevent such loss or unauthorized use, disclosure or access. In the event of termination of this Agreement for any reason or by either party, Advisor shall forthwith deliver to Company (without retaining copies thereof), any and all Confidential Information, documents or other written information obtained from Company, and Advisor shall not thereafter disclose or use any Confidential Information relating to the Company.
7.2        Exclusions.  The relevant restrictions on use and disclosure of Confidential Information shall not apply if the Confidential Information: (a) was previously rightfully known by Advisor free of any obligation to keep it confidential; (b) is or becomes publicly known through no wrongful act of Advisor; (c) is independently developed by Advisor without reference to the Confidential Information of Company; or (d) is subject to disclosure pursuant to a subpoena, judicial or governmental requirement, or order, provided that Advisor, to the extent permitted by law has given Company sufficient prior notice of such subpoena, requirement, or order, to provide Advisor a reasonable opportunity to object to the subpoena, requirement, or order and to allow Company the opportunity to seek a protective order or other appropriate remedy.
8.   No Authority to Bind Company.  Advisor acknowledges and agrees that Advisor has no authority to enter into contracts that bind the Company or create obligations on the part of the Company without the prior written authorization of the Company.
9.   Limitation of Liability.  In no event will Company be liable for any consequential, indirect, exemplary, special, or incidental damages arising from or relating to this Agreement.  Company’s total cumulative liability in connection with this Agreement, whether in contract or tort or otherwise, will not exceed the aggregate amount of Fees owed by Company to Advisor for Services performed under this Agreement.
10.   Miscellaneous.
10.1.     Amendments and Waivers.  Any term of this Agreement may be amended or waived only with the written consent of both parties.
10.2    Other Agreements.  Advisor hereby represents that Advisor is not a party to any other agreements or commitments that would hinder Advisor’s performance of the Services, other than those disclosed to Company in advance of the execution of this Agreement.
10.3.     Notices.  Any notice required or permitted by this Agreement shall be in writing and shall be deemed sufficient upon delivery, when delivered personally or by overnight courier or sent by email or fax (upon customary confirmation of receipt), or forty-eight (48) hours after being deposited in the U.S. mail as certified or registered mail with postage prepaid, addressed to the party to be notified at such party’s address or fax number as set forth on the signature page or as subsequently modified by written notice.
10.4.     Governing Law.  This Agreement shall be governed by and construed under the laws of the District of Columbia, without reference to or application of the conflicts of law principles.  Any and all disputes between the parties that cannot be settled by mutual agreement shall be resolved solely and exclusively in the courts located within the District of Columbia.  Both parties consent to the jurisdiction and venue of such courts and irrevocably waive any objections thereto.
10.5.     Severability.  In the event any one or more of the provisions of this Agreement is held to be invalid or otherwise unenforceable, the enforceability of the remaining provisions shall be unimpaired.
10.6.     Counterparts.  This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together will constitute one and the same instrument.
10.7.     Disclosure.  Advisor acknowledges and agrees that Company may publicly disclose that Advisor is a member of the Advisory Council.
10.8    Compliance with Laws.  In its performance of this Agreement, Advisor shall fully comply with all federal, state and local laws, rules, regulations, statutes, ordinances, codes and requirements.  Advisor shall promptly notify Company if Advisor becomes aware of any fraud and/or any actual or suspected violation of any such laws, rules, regulations, statutes, ordinances, codes and requirements that relate to the Services or this 

Agreement.  Advisor shall fully cooperate with Fannie Mae and all governmental authorities in connection with any such actual or suspected fraud or violations
In Witness hereof, the parties have executed this Advisory Council Membership Agreement as of the date set forth above.

 
	
		
	Fannie Mae
3900 Wisconsin Ave.
Washington, DC 20016
	Advisor

	 
	 

	Signed:     /s/ Timothy J. Mayopoulos      
Name: Timothy J. Mayopoulos
Title: President and Chief Executive Officer
Date:  
	Signed:       /s/ Antony Jenkins                             
Name: Antony Jenkins
Title: Advisor
Date:

 

  

EXHIBIT A: Description of Services

The purpose of the Advisory Council is to provide support to the Company’s senior leadership as they develop and promote innovation for the organization. The Advisor shall perform the following Services:
		
	1.
	Act as a sounding board to the Company CEO on specific areas of interest

		
	2.
	Review, discuss, challenge and support Company’s innovation focus and long-term innovation strategy

		
	3.
	Share Advisor’s knowledge and learnings with the Company’s Management Committee and Company team members

		
	4.
	Work with other Advisory Council members to proactively drive innovation ideas for Company

		
	5.
	Respond to Company requests for ad hoc help in areas such as introductions and discussion of specific business items

		
	6.
	Attend two (2) half day in-person Advisory Council meetings per year, with additional ad hoc availability via email and/or conference calls

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