Massachusetts Sample Employment Agreement between Telocity, Inc. and Senior Vice President of Business Development

• Category: Corporations - Public - Employment
• State: Multi-State
• Control #: US-EG-9114
• Format: Word; Rich Text

Description

This is a multi-state form covering the subject matter of the title. Massachusetts Sample Employment Agreement between Velocity, Inc. and Senior Vice President of Business Development This Massachusetts Sample Employment Agreement ("Agreement") is made and entered into on [Date], between Velocity, Inc. ("Company"), a corporation organized and existing under the laws of the State of Massachusetts, with its principal place of business at [Company Address], and [Senior VP's Full Name] ("Employee"), an individual residing at [Employee Address]. 1. Appointment: The Company hereby agrees to employ the Employee as the Senior Vice President of Business Development, responsible for [specific duties and responsibilities]. 2. Term of Employment: The initial term of this Agreement shall commence on [Start Date] and shall continue until terminated pursuant to the provisions of this Agreement. The Employee's employment may be terminated by the Company with or without cause, and the Employee may resign from their position with proper notice. 3. Compensation and Benefits: The Employee shall receive a base salary of [amount] per year, payable in accordance with the Company's regular payroll practices. The Employee shall also be eligible for [bonus, commission, or incentive] programs as determined by the Company. Additionally, the Employee shall be entitled to participate in the Company's [list benefits: health insurance, retirement plans, vacation and sick leave, etc.]. 4. Confidentiality and Non-Disclosure: The Employee agrees to hold in strict confidence and not disclose any confidential information, trade secrets, or proprietary information belonging to the Company, both during and after their employment. This includes but is not limited to customer lists, technology, financial information, and any other information deemed confidential by the Company. 5. Non-Competition and Non-Solicitation: During the term of employment and for a specified time after termination, the Employee agrees not to directly or indirectly engage in any competitive activities or solicit the Company's clients, employees, or contractors. The non-compete and non-solicitation provisions shall be limited to the geographic area of [specific geographic restrictions]. 6. Termination: Termination of the Employee's employment may occur due to resignation, by mutual agreement, for cause, or due to death or disability. In the event of termination, the Employee will be entitled to any accrued salary and unused paid time off. 7. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the State of Massachusetts. Any disputes arising out of or relating to this Agreement shall be subject to the exclusive jurisdiction of the courts of Massachusetts. Alternate types of Massachusetts Sample Employment Agreement between Velocity, Inc. and Senior Vice President of Business Development may include variations concerning compensation structure, specific job responsibilities, non-compete agreements, or additional benefits unique to the industry or company. However, the basic framework and principles of the Agreement would remain consistent.

Massachusetts Sample Employment Agreement between Velocity, Inc. and Senior Vice President of Business Development This Massachusetts Sample Employment Agreement ("Agreement") is made and entered into on [Date], between Velocity, Inc. ("Company"), a corporation organized and existing under the laws of the State of Massachusetts, with its principal place of business at [Company Address], and [Senior VP's Full Name] ("Employee"), an individual residing at [Employee Address]. 1. Appointment: The Company hereby agrees to employ the Employee as the Senior Vice President of Business Development, responsible for [specific duties and responsibilities]. 2. Term of Employment: The initial term of this Agreement shall commence on [Start Date] and shall continue until terminated pursuant to the provisions of this Agreement. The Employee's employment may be terminated by the Company with or without cause, and the Employee may resign from their position with proper notice. 3. Compensation and Benefits: The Employee shall receive a base salary of [amount] per year, payable in accordance with the Company's regular payroll practices. The Employee shall also be eligible for [bonus, commission, or incentive] programs as determined by the Company. Additionally, the Employee shall be entitled to participate in the Company's [list benefits: health insurance, retirement plans, vacation and sick leave, etc.]. 4. Confidentiality and Non-Disclosure: The Employee agrees to hold in strict confidence and not disclose any confidential information, trade secrets, or proprietary information belonging to the Company, both during and after their employment. This includes but is not limited to customer lists, technology, financial information, and any other information deemed confidential by the Company. 5. Non-Competition and Non-Solicitation: During the term of employment and for a specified time after termination, the Employee agrees not to directly or indirectly engage in any competitive activities or solicit the Company's clients, employees, or contractors. The non-compete and non-solicitation provisions shall be limited to the geographic area of [specific geographic restrictions]. 6. Termination: Termination of the Employee's employment may occur due to resignation, by mutual agreement, for cause, or due to death or disability. In the event of termination, the Employee will be entitled to any accrued salary and unused paid time off. 7. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the State of Massachusetts. Any disputes arising out of or relating to this Agreement shall be subject to the exclusive jurisdiction of the courts of Massachusetts. Alternate types of Massachusetts Sample Employment Agreement between Velocity, Inc. and Senior Vice President of Business Development may include variations concerning compensation structure, specific job responsibilities, non-compete agreements, or additional benefits unique to the industry or company. However, the basic framework and principles of the Agreement would remain consistent.