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

• Category: Corporations - Public - Employment
• State: Multi-State
• Control #: US-EG-9117
• Format: Word; Rich Text

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 Kentucky Sample Employment Agreement between Velocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary: This Sample Employment Agreement outlines the terms and conditions of employment for the Executive Vice President Chief Administrative Officer and Corporate Secretary (the "Employee") at Velocity, Inc. (the "Company") in the state of Kentucky. It establishes the mutual expectations, responsibilities, and benefits of both parties involved. 1. Position and Duties: The Employee will serve as the Executive Vice President Chief Administrative Officer and Corporate Secretary of the Company. They will be responsible for overseeing administrative functions, ensuring compliance with corporate policies and regulations, and providing strategic support to the executive team. 2. Employment Term: The agreement specifies the start date of employment and the duration of the position. It may establish that the employment is at-will or for a specified term, subject to renewal or termination under certain conditions. 3. Compensation and Benefits: This section details the Employee's compensation package, including the base salary, bonuses, stock options, and any other benefits provided by the Company. It may also cover provisions for expense reimbursement, retirement plans, health insurance, vacation days, and other applicable benefits. 4. Confidentiality and Non-Disclosure: To protect the Company's sensitive information and trade secrets, this agreement establishes the Employee's duty to maintain confidentiality during and after employment. It may include clauses regarding intellectual property rights and any restrictions on the disclosure of confidential information. 5. Non-Compete and Non-Solicitation: If applicable, the agreement may address any restrictions the Employee must observe regarding competition with the Company, solicitation of clients or employees, or engagement in similar business activities during or after employment. 6. Termination: This section outlines the conditions under which either party may terminate the agreement, including provisions for voluntary resignation, termination for cause, or termination without cause. It may also address the notice period required for termination and any severance packages or benefits offered upon termination. 7. Governing Law and Jurisdiction: Since this agreement is specific to Kentucky, it would specify that the agreement is governed by and interpreted in accordance with Kentucky state laws. It may also designate the appropriate jurisdiction in case of any disputes or legal actions. Different types of Kentucky Sample Employment Agreements between Velocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary can include variations in compensation structure, benefits packages, termination conditions, and obligations related to non-compete and non-solicitation. Each agreement may be tailored to the specific needs and requirements of the company and the executive involved, while still adhering to Kentucky employment laws and regulations.

Kentucky Sample Employment Agreement between Velocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary: This Sample Employment Agreement outlines the terms and conditions of employment for the Executive Vice President Chief Administrative Officer and Corporate Secretary (the "Employee") at Velocity, Inc. (the "Company") in the state of Kentucky. It establishes the mutual expectations, responsibilities, and benefits of both parties involved. 1. Position and Duties: The Employee will serve as the Executive Vice President Chief Administrative Officer and Corporate Secretary of the Company. They will be responsible for overseeing administrative functions, ensuring compliance with corporate policies and regulations, and providing strategic support to the executive team. 2. Employment Term: The agreement specifies the start date of employment and the duration of the position. It may establish that the employment is at-will or for a specified term, subject to renewal or termination under certain conditions. 3. Compensation and Benefits: This section details the Employee's compensation package, including the base salary, bonuses, stock options, and any other benefits provided by the Company. It may also cover provisions for expense reimbursement, retirement plans, health insurance, vacation days, and other applicable benefits. 4. Confidentiality and Non-Disclosure: To protect the Company's sensitive information and trade secrets, this agreement establishes the Employee's duty to maintain confidentiality during and after employment. It may include clauses regarding intellectual property rights and any restrictions on the disclosure of confidential information. 5. Non-Compete and Non-Solicitation: If applicable, the agreement may address any restrictions the Employee must observe regarding competition with the Company, solicitation of clients or employees, or engagement in similar business activities during or after employment. 6. Termination: This section outlines the conditions under which either party may terminate the agreement, including provisions for voluntary resignation, termination for cause, or termination without cause. It may also address the notice period required for termination and any severance packages or benefits offered upon termination. 7. Governing Law and Jurisdiction: Since this agreement is specific to Kentucky, it would specify that the agreement is governed by and interpreted in accordance with Kentucky state laws. It may also designate the appropriate jurisdiction in case of any disputes or legal actions. Different types of Kentucky Sample Employment Agreements between Velocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary can include variations in compensation structure, benefits packages, termination conditions, and obligations related to non-compete and non-solicitation. Each agreement may be tailored to the specific needs and requirements of the company and the executive involved, while still adhering to Kentucky employment laws and regulations.