Sample Employment Agreement between Velocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary: This Employment Agreement ("Agreement") is made and entered into as of [date], by and between Velocity, Inc. (the "Company") and [Executive Vice President's Name] (the "Executive"). 1. Position and Duties: The Executive shall hold the position of Executive Vice President Chief Administrative Officer and Corporate Secretary. The Executive shall have the following duties and responsibilities: a. Oversee and manage all administrative functions of the Company. b. Serve as the Corporate Secretary, maintaining accurate records of board meetings and shareholder communications. c. Collaborate with other executives to develop and execute strategic plans for the Company's success. d. Perform any other duties as reasonably assigned by the Company's CEO or Board of Directors. 2. Compensation: The Executive shall receive a base salary of [amount] per year, payable in regular installments. In addition to the base salary, the Executive shall be eligible for performance-based incentives, bonuses, and benefits as outlined in the Company's executive compensation plan. 3. Term of Employment: The initial term of this Agreement shall be [number] years, commencing on [start date], and ending on [end date]. Either party may terminate this Agreement upon [number] days' written notice, subject to any applicable severance provisions. 4. Benefits and Perquisites: The Executive shall be entitled to participate in all employee benefit plans, including health insurance, retirement plans, and vacation leave, in accordance with the Company's policies. Additionally, the Executive may be entitled to other perquisites, such as a company vehicle or expense account, subject to approval by the CEO or Board of Directors. 5. Confidentiality and Non-competition: The Executive shall maintain the strictest confidentiality regarding any proprietary information, trade secrets, or sensitive Company data. The Executive shall also agree to non-competition and non-solicitation provisions during and after employment, as outlined in a separate agreement. 6. Termination: Termination of employment may occur under various circumstances, such as voluntary resignation, retirement, termination for cause, or termination without cause. Severance benefits, if applicable, shall be governed by the Company's severance policy. 7. Governing Law and Dispute Resolution: This Agreement shall be governed by and construed in accordance with the laws of the State of Hawaii. Any disputes arising out of or relating to this Agreement shall be resolved through arbitration in accordance with the rules of the American Arbitration Association. Additional types of Hawaii Sample Employment Agreements between Velocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary: 1. Hawaii Sample Employment Agreement with Non-compete Clause: This agreement includes additional provisions restricting the Executive's ability to compete with the Company or solicit its clients and employees within a specified geographical area and time period post-employment. 2. Hawaii Sample Employment Agreement with Equity Incentive: This agreement may include provisions granting the Executive equity-based compensation, such as stock options or restricted stock units, as part of their overall compensation package. 3. Hawaii Sample Employment Agreement with Change in Control: This agreement may include specific clauses addressing the Executive's rights and benefits in the event of a change in ownership or control of the Company. Please note that the above content is purely fictional and should be used for illustrative purposes only. It does not constitute legal advice. It is recommended to consult with a qualified attorney to draft and review any employment agreement.
Hawaii Sample Employment Agreement between Telocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary
Category:
State:
Multi-State
Control #:
US-EG-9117
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Word;
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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
Sample Employment Agreement between Velocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary: This Employment Agreement ("Agreement") is made and entered into as of [date], by and between Velocity, Inc. (the "Company") and [Executive Vice President's Name] (the "Executive"). 1. Position and Duties: The Executive shall hold the position of Executive Vice President Chief Administrative Officer and Corporate Secretary. The Executive shall have the following duties and responsibilities: a. Oversee and manage all administrative functions of the Company. b. Serve as the Corporate Secretary, maintaining accurate records of board meetings and shareholder communications. c. Collaborate with other executives to develop and execute strategic plans for the Company's success. d. Perform any other duties as reasonably assigned by the Company's CEO or Board of Directors. 2. Compensation: The Executive shall receive a base salary of [amount] per year, payable in regular installments. In addition to the base salary, the Executive shall be eligible for performance-based incentives, bonuses, and benefits as outlined in the Company's executive compensation plan. 3. Term of Employment: The initial term of this Agreement shall be [number] years, commencing on [start date], and ending on [end date]. Either party may terminate this Agreement upon [number] days' written notice, subject to any applicable severance provisions. 4. Benefits and Perquisites: The Executive shall be entitled to participate in all employee benefit plans, including health insurance, retirement plans, and vacation leave, in accordance with the Company's policies. Additionally, the Executive may be entitled to other perquisites, such as a company vehicle or expense account, subject to approval by the CEO or Board of Directors. 5. Confidentiality and Non-competition: The Executive shall maintain the strictest confidentiality regarding any proprietary information, trade secrets, or sensitive Company data. The Executive shall also agree to non-competition and non-solicitation provisions during and after employment, as outlined in a separate agreement. 6. Termination: Termination of employment may occur under various circumstances, such as voluntary resignation, retirement, termination for cause, or termination without cause. Severance benefits, if applicable, shall be governed by the Company's severance policy. 7. Governing Law and Dispute Resolution: This Agreement shall be governed by and construed in accordance with the laws of the State of Hawaii. Any disputes arising out of or relating to this Agreement shall be resolved through arbitration in accordance with the rules of the American Arbitration Association. Additional types of Hawaii Sample Employment Agreements between Velocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary: 1. Hawaii Sample Employment Agreement with Non-compete Clause: This agreement includes additional provisions restricting the Executive's ability to compete with the Company or solicit its clients and employees within a specified geographical area and time period post-employment. 2. Hawaii Sample Employment Agreement with Equity Incentive: This agreement may include provisions granting the Executive equity-based compensation, such as stock options or restricted stock units, as part of their overall compensation package. 3. Hawaii Sample Employment Agreement with Change in Control: This agreement may include specific clauses addressing the Executive's rights and benefits in the event of a change in ownership or control of the Company. Please note that the above content is purely fictional and should be used for illustrative purposes only. It does not constitute legal advice. It is recommended to consult with a qualified attorney to draft and review any employment agreement.
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