Employment Agreement between Telocity, Inc. and Scott Martin as Executive Vice President, Chief Administrative Officer and Corporate Secretary dated Dec. 8, 1999.10 pages
Title: Idaho Sample Employment Agreement between Velocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary Introduction: In the state of Idaho, a Sample Employment Agreement is established between Velocity, Inc. (hereinafter referred to as "the Company") and the Executive Vice President Chief Administrative Officer and Corporate Secretary (hereinafter referred to as "the Executive"). This agreement outlines the terms and conditions of the employment relationship between the Company and the Executive. 1. Position and Duties: The agreement specifies the Executive's title as the Executive Vice President Chief Administrative Officer and Corporate Secretary. It outlines the key responsibilities and duties that the Executive is expected to perform in this role. 2. Employment Term: The employment term describes the duration of the agreement, including the exact start and end dates, or the provision of "at-will" employment. 3. Compensation and Benefits: This section details the compensation package provided to the Executive, including the base salary, bonuses, stock options, retirement plans, health benefits, vacation days, and other miscellaneous benefits. 4. Non-Disclosure and Non-Compete: The agreement may include provisions regarding non-disclosure of confidential information and non-compete agreements to protect the Company's trade secrets and prevent the Executive from engaging in competitive activities. 5. Termination Clause: This clause defines the circumstances under which the employment relationship may be terminated, including termination with or without cause, resignation, retirement, disability, or death. It may also specify the notice period required for termination. 6. Severance Package: In some cases, the agreement may outline a severance package that the Executive will receive upon termination, which may include financial compensation, continuation of benefits, or other provisions. 7. Governing Law: This section establishes that the agreement will be governed by the laws of the state of Idaho and any disputes arising from it shall be resolved in the appropriate Idaho court. Types of Idaho Sample Employment Agreements: 1. Idaho Sample Employment Agreement — Executive Vice President Chief Administrative Officer and Corporate Secretary, Full-Time Employee This agreement is for a full-time executive role within Velocity, Inc., outlining a comprehensive employment relationship with all relevant terms and conditions. 2. Idaho Sample Employment Agreement — Executive Vice President Chief Administrative Officer and Corporate Secretary, Contract Employee This agreement is specifically designed for an executive role that operates on a contractual basis, establishing the terms of the contract including duration, scope of work, compensation, termination, and other essential factors. Conclusion: The above-described Idaho Sample Employment Agreement aims to provide a detailed outline of the employment relationship between Velocity, Inc. and the Executive Vice President Chief Administrative Officer and Corporate Secretary. These agreements ensure clarity, protect the rights of both parties, and establish a solid foundation for a successful business partnership in the state of Idaho.
Title: Idaho Sample Employment Agreement between Velocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary Introduction: In the state of Idaho, a Sample Employment Agreement is established between Velocity, Inc. (hereinafter referred to as "the Company") and the Executive Vice President Chief Administrative Officer and Corporate Secretary (hereinafter referred to as "the Executive"). This agreement outlines the terms and conditions of the employment relationship between the Company and the Executive. 1. Position and Duties: The agreement specifies the Executive's title as the Executive Vice President Chief Administrative Officer and Corporate Secretary. It outlines the key responsibilities and duties that the Executive is expected to perform in this role. 2. Employment Term: The employment term describes the duration of the agreement, including the exact start and end dates, or the provision of "at-will" employment. 3. Compensation and Benefits: This section details the compensation package provided to the Executive, including the base salary, bonuses, stock options, retirement plans, health benefits, vacation days, and other miscellaneous benefits. 4. Non-Disclosure and Non-Compete: The agreement may include provisions regarding non-disclosure of confidential information and non-compete agreements to protect the Company's trade secrets and prevent the Executive from engaging in competitive activities. 5. Termination Clause: This clause defines the circumstances under which the employment relationship may be terminated, including termination with or without cause, resignation, retirement, disability, or death. It may also specify the notice period required for termination. 6. Severance Package: In some cases, the agreement may outline a severance package that the Executive will receive upon termination, which may include financial compensation, continuation of benefits, or other provisions. 7. Governing Law: This section establishes that the agreement will be governed by the laws of the state of Idaho and any disputes arising from it shall be resolved in the appropriate Idaho court. Types of Idaho Sample Employment Agreements: 1. Idaho Sample Employment Agreement — Executive Vice President Chief Administrative Officer and Corporate Secretary, Full-Time Employee This agreement is for a full-time executive role within Velocity, Inc., outlining a comprehensive employment relationship with all relevant terms and conditions. 2. Idaho Sample Employment Agreement — Executive Vice President Chief Administrative Officer and Corporate Secretary, Contract Employee This agreement is specifically designed for an executive role that operates on a contractual basis, establishing the terms of the contract including duration, scope of work, compensation, termination, and other essential factors. Conclusion: The above-described Idaho Sample Employment Agreement aims to provide a detailed outline of the employment relationship between Velocity, Inc. and the Executive Vice President Chief Administrative Officer and Corporate Secretary. These agreements ensure clarity, protect the rights of both parties, and establish a solid foundation for a successful business partnership in the state of Idaho.