Georgia Sample Employment Agreement between Telocity, Inc. and Executive Vice President and Chief Financial Officer

• Category: Corporations - Public - Employment
• State: Multi-State
• Control #: US-EG-9116
• Format: Word; Rich Text

Description

Employment Agreement between Telocity, Inc. and Edward J. Hayes, Jr. as Executive Vice President and Chief Financial Officer dated January 3, 2000. 11 pages Georgia Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Financial Officer This employment agreement (hereinafter referred to as the "Agreement") is made and entered into by and between Velocity, Inc. (hereinafter referred to as the "Company") and [Executive Vice President and Chief Financial Officer's name] (hereinafter referred to as the "Executive"). 1. Position and Responsibilities: The Executive shall serve as the Executive Vice President and Chief Financial Officer of the Company. The Executive agrees to perform all duties, responsibilities, and obligations that are reasonably expected of such position and shall report directly to the President and CEO of the Company. 2. Term: The initial term of this Agreement shall be for a period of [number of years] commencing on [start date] and ending on [end date]. This Agreement shall automatically renew for successive [number of years] periods unless either party provides written notice of their intent not to renew at least [number of days] prior to the end of the current term. 3. Compensation and Benefits: The Executive shall be entitled to a base salary of [amount] per annum, payable in accordance with the Company's regular payroll practices. In addition to the base salary, the Executive shall be eligible for performance-based bonuses, equity awards, and other benefits in accordance with the Company's compensation policies. 4. Restrictive Covenants: a. Non-competition: During the term of this Agreement and for a period of [number of years] following its termination, the Executive agrees not to engage in any activity or employment that competes with the Company's business within the geographic territory of [specified territory]. b. Non-solicitation: The Executive agrees that during the term of this Agreement and for a period of [number of years] following its termination, he/she will not directly or indirectly solicit or encourage any employee, customer, or vendor of the Company to terminate their relationship with the Company. 5. Termination: a. Without Cause: The Company may terminate this Agreement without cause upon [number of days/months] written notice to the Executive. In such case, the Executive shall be entitled to receive [specified severance package]. b. For Cause: The Company may terminate this Agreement for cause, including but not limited to the Executive's material breach of this Agreement, criminal activity, or gross misconduct. c. Voluntary termination: The Executive may terminate this Agreement voluntarily upon [number of days/months] written notice to the Company. [Include any additional clauses or provisions that are relevant to the specific agreement] Different types of Georgia Sample Employment Agreements between Velocity, Inc. and Executive Vice President and Chief Financial Officer can include variations depending on the specific terms and conditions agreed upon between the Company and the Executive. Some variations could be different contract lengths, salary structures, bonuses, severance packages, non-compete and non-solicitation agreements, intellectual property clauses, and confidentiality provisions. It is crucial to consult legal professionals to tailor the agreement to the specific needs and circumstances of both parties involved.

Georgia Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Financial Officer This employment agreement (hereinafter referred to as the "Agreement") is made and entered into by and between Velocity, Inc. (hereinafter referred to as the "Company") and [Executive Vice President and Chief Financial Officer's name] (hereinafter referred to as the "Executive"). 1. Position and Responsibilities: The Executive shall serve as the Executive Vice President and Chief Financial Officer of the Company. The Executive agrees to perform all duties, responsibilities, and obligations that are reasonably expected of such position and shall report directly to the President and CEO of the Company. 2. Term: The initial term of this Agreement shall be for a period of [number of years] commencing on [start date] and ending on [end date]. This Agreement shall automatically renew for successive [number of years] periods unless either party provides written notice of their intent not to renew at least [number of days] prior to the end of the current term. 3. Compensation and Benefits: The Executive shall be entitled to a base salary of [amount] per annum, payable in accordance with the Company's regular payroll practices. In addition to the base salary, the Executive shall be eligible for performance-based bonuses, equity awards, and other benefits in accordance with the Company's compensation policies. 4. Restrictive Covenants: a. Non-competition: During the term of this Agreement and for a period of [number of years] following its termination, the Executive agrees not to engage in any activity or employment that competes with the Company's business within the geographic territory of [specified territory]. b. Non-solicitation: The Executive agrees that during the term of this Agreement and for a period of [number of years] following its termination, he/she will not directly or indirectly solicit or encourage any employee, customer, or vendor of the Company to terminate their relationship with the Company. 5. Termination: a. Without Cause: The Company may terminate this Agreement without cause upon [number of days/months] written notice to the Executive. In such case, the Executive shall be entitled to receive [specified severance package]. b. For Cause: The Company may terminate this Agreement for cause, including but not limited to the Executive's material breach of this Agreement, criminal activity, or gross misconduct. c. Voluntary termination: The Executive may terminate this Agreement voluntarily upon [number of days/months] written notice to the Company. [Include any additional clauses or provisions that are relevant to the specific agreement] Different types of Georgia Sample Employment Agreements between Velocity, Inc. and Executive Vice President and Chief Financial Officer can include variations depending on the specific terms and conditions agreed upon between the Company and the Executive. Some variations could be different contract lengths, salary structures, bonuses, severance packages, non-compete and non-solicitation agreements, intellectual property clauses, and confidentiality provisions. It is crucial to consult legal professionals to tailor the agreement to the specific needs and circumstances of both parties involved.