Kentucky 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 Kentucky Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Financial Officer This Kentucky Sample Employment Agreement serves as a legally binding document between Velocity, Inc. (hereinafter referred to as the "Company") and the Executive Vice President and Chief Financial Officer (hereinafter referred to as the "Executive"). 1. Position and Duties: The Executive, in this capacity, shall undertake the responsibilities of the Executive Vice President and Chief Financial Officer, assuming a leadership role in all financial matters, strategic planning, budgeting, and reporting. 2. Term of Employment: This Agreement shall commence on [start date] and shall remain in effect until [end date], unless terminated earlier than per the terms outlined herein, or mutually extended by both parties. 3. Compensation and Benefits: The Executive shall be entitled to a base salary of [amount] per annum, payable in [frequency], along with a performance-based bonus potential. The Executive shall also be eligible to participate in the Company's benefit plans, including health insurance, retirement plans, and other perks offered to executives of the Company. 4. Termination: This Agreement may be terminated by either party for cause, including, but not limited to, the Executive's violation of the Company policies, dishonesty, insubordination, or a material breach of the Agreement. Termination without cause can be initiated by either party upon [notice period] written notice. 5. Confidentiality and Non-Compete: The Executive agrees to maintain strict confidentiality regarding any proprietary or confidential information received during the course of employment and for a specified period thereafter. The Executive shall also agree not to engage in any activities that may compete with the Company's interests during the employment term and specified post-employment period. 6. Governing Law: This Agreement shall be construed and enforced following the laws of the state of Kentucky, with jurisdiction in the state and federal courts in Kentucky. This Kentucky Sample Employment Agreement is a general outline that can be tailored to suit the specific needs and requirements of Velocity, Inc. and its Executive Vice President and Chief Financial Officer. It is essential to consult with legal professionals and ensure compliance with Kentucky employment laws when finalizing the agreement. Other types of Kentucky Sample Employment Agreements for different positions within the organization may include: — Sample Employment Agreement for Vice President of Sales and Marketing — Sample Employment Agreement for Chief Technology Officer (CTO) — Sample Employment Agreement for Director of Human Resources Each agreement can be customized to include position-specific roles, responsibilities, compensation, and benefits, while adhering to the applicable laws and regulations of the state of Kentucky.

Kentucky Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Financial Officer This Kentucky Sample Employment Agreement serves as a legally binding document between Velocity, Inc. (hereinafter referred to as the "Company") and the Executive Vice President and Chief Financial Officer (hereinafter referred to as the "Executive"). 1. Position and Duties: The Executive, in this capacity, shall undertake the responsibilities of the Executive Vice President and Chief Financial Officer, assuming a leadership role in all financial matters, strategic planning, budgeting, and reporting. 2. Term of Employment: This Agreement shall commence on [start date] and shall remain in effect until [end date], unless terminated earlier than per the terms outlined herein, or mutually extended by both parties. 3. Compensation and Benefits: The Executive shall be entitled to a base salary of [amount] per annum, payable in [frequency], along with a performance-based bonus potential. The Executive shall also be eligible to participate in the Company's benefit plans, including health insurance, retirement plans, and other perks offered to executives of the Company. 4. Termination: This Agreement may be terminated by either party for cause, including, but not limited to, the Executive's violation of the Company policies, dishonesty, insubordination, or a material breach of the Agreement. Termination without cause can be initiated by either party upon [notice period] written notice. 5. Confidentiality and Non-Compete: The Executive agrees to maintain strict confidentiality regarding any proprietary or confidential information received during the course of employment and for a specified period thereafter. The Executive shall also agree not to engage in any activities that may compete with the Company's interests during the employment term and specified post-employment period. 6. Governing Law: This Agreement shall be construed and enforced following the laws of the state of Kentucky, with jurisdiction in the state and federal courts in Kentucky. This Kentucky Sample Employment Agreement is a general outline that can be tailored to suit the specific needs and requirements of Velocity, Inc. and its Executive Vice President and Chief Financial Officer. It is essential to consult with legal professionals and ensure compliance with Kentucky employment laws when finalizing the agreement. Other types of Kentucky Sample Employment Agreements for different positions within the organization may include: — Sample Employment Agreement for Vice President of Sales and Marketing — Sample Employment Agreement for Chief Technology Officer (CTO) — Sample Employment Agreement for Director of Human Resources Each agreement can be customized to include position-specific roles, responsibilities, compensation, and benefits, while adhering to the applicable laws and regulations of the state of Kentucky.