Connecticut Sample Employment Agreement between Telocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary

State:
Multi-State
Control #:
US-EG-9117
Format:
Word; 
Rich Text
Instant download

Description

Employment Agreement between Telocity, Inc. and Scott Martin as Executive Vice President, Chief Administrative Officer and Corporate Secretary dated Dec. 8, 1999.10 pages Connecticut Sample Employment Agreement between Velocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary: This Connecticut Sample Employment Agreement outlines the terms and conditions between Velocity, Inc. (referred to as "Company") and the Executive Vice President Chief Administrative Officer and Corporate Secretary (referred to as "Executive") appointed by the Company. 1. Position and Duties: The Executive shall serve as the Executive Vice President Chief Administrative Officer and Corporate Secretary of the Company, responsible for overseeing administrative operations and corporate governance. The Executive shall perform all duties assigned by the Company's Board of Directors and shall report directly to the CEO. 2. Term of Employment: The agreement shall commence on the effective date and remain in effect until terminated as detailed within the agreement. The Company may terminate the agreement for just cause or without cause, with notice period and severance package provisions outlined. 3. Compensation and Benefits: The Executive shall receive a fixed base salary as specified in the agreement, payable in accordance with the Company's regular payroll practices. In addition to the salary, the Executive may be eligible for an annual performance bonus and participation in employee benefit plans offered by the Company. 4. Confidentiality and Non-Disclosure: The Executive acknowledges and agrees to maintain the confidentiality of proprietary information, trade secrets, and other confidential information belonging to the Company before, during, and after the employment termination. Non-disclosure of such information is crucial to protecting the Company's interests. 5. Non-Competition and Non-Solicitation: The Executive agrees to refrain from engaging in any competitive activities that could harm the Company's interests during the employment period and for a specified period following termination or resignation. Additionally, the Executive shall not solicit or hire any employees, contractors, or customers of the Company for a specified duration. 6. Intellectual Property: The agreement defines the ownership and rights of intellectual property developed or acquired by the Executive during employment. The Company shall hold ownership over all intellectual property created in connection with the Executive's duties and responsibilities. 7. Termination: Termination conditions include termination for cause, termination without cause, resignation, retirement, disability, or death. The agreement outlines the provisions, notice periods, severance pay, and other benefits applicable in each scenario. Other types of Connecticut Sample Employment Agreements between Velocity, Inc. and the Executive Vice President Chief Administrative Officer and Corporate Secretary may include variations based on the duration of agreement, specific compensation structure, performance metrics, or additional clauses based on the unique requirements of the Company and Executive.

Connecticut Sample Employment Agreement between Velocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary: This Connecticut Sample Employment Agreement outlines the terms and conditions between Velocity, Inc. (referred to as "Company") and the Executive Vice President Chief Administrative Officer and Corporate Secretary (referred to as "Executive") appointed by the Company. 1. Position and Duties: The Executive shall serve as the Executive Vice President Chief Administrative Officer and Corporate Secretary of the Company, responsible for overseeing administrative operations and corporate governance. The Executive shall perform all duties assigned by the Company's Board of Directors and shall report directly to the CEO. 2. Term of Employment: The agreement shall commence on the effective date and remain in effect until terminated as detailed within the agreement. The Company may terminate the agreement for just cause or without cause, with notice period and severance package provisions outlined. 3. Compensation and Benefits: The Executive shall receive a fixed base salary as specified in the agreement, payable in accordance with the Company's regular payroll practices. In addition to the salary, the Executive may be eligible for an annual performance bonus and participation in employee benefit plans offered by the Company. 4. Confidentiality and Non-Disclosure: The Executive acknowledges and agrees to maintain the confidentiality of proprietary information, trade secrets, and other confidential information belonging to the Company before, during, and after the employment termination. Non-disclosure of such information is crucial to protecting the Company's interests. 5. Non-Competition and Non-Solicitation: The Executive agrees to refrain from engaging in any competitive activities that could harm the Company's interests during the employment period and for a specified period following termination or resignation. Additionally, the Executive shall not solicit or hire any employees, contractors, or customers of the Company for a specified duration. 6. Intellectual Property: The agreement defines the ownership and rights of intellectual property developed or acquired by the Executive during employment. The Company shall hold ownership over all intellectual property created in connection with the Executive's duties and responsibilities. 7. Termination: Termination conditions include termination for cause, termination without cause, resignation, retirement, disability, or death. The agreement outlines the provisions, notice periods, severance pay, and other benefits applicable in each scenario. Other types of Connecticut Sample Employment Agreements between Velocity, Inc. and the Executive Vice President Chief Administrative Officer and Corporate Secretary may include variations based on the duration of agreement, specific compensation structure, performance metrics, or additional clauses based on the unique requirements of the Company and Executive.

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Connecticut Sample Employment Agreement between Telocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary