Montana Sample Executive Employment Agreement for Wit Capital Group, Inc.

• Category: Corporations - Public - Employment
• State: Multi-State
• Control #: US-EG-9273
• Format: Word; Rich Text

Description

Employment Agreement between WIT Capital Group, Inc. and Lloyd H. Feller as an Executive dated 00/00. 6 pages. Montana Sample Executive Employment Agreement for Wit Capital Group, Inc. 1. Introduction: The Montana Sample Executive Employment Agreement is a legally binding contract between an executive employee and Wit Capital Group, Inc. This agreement sets forth the terms and conditions of employment, including compensation, benefits, and various obligations and restrictions applicable to the executive. 2. Parties: This agreement is entered into between Wit Capital Group, Inc., referred to as the "Company," and the executive employee, referred to as the "Executive." 3. Terms and Scope of Employment: This section outlines the key provisions related to the executive's role within the Company, such as job title, duties and responsibilities, reporting relationships, and the term of employment (including start and potentially end dates). 4. Compensation and Benefits: This section discusses the executive's base salary, bonus or incentive plans, equity or stock options, and any other compensation provisions. It may also include information about benefits such as health insurance, retirement plans, vacation, and sick leave. 5. Confidentiality and Proprietary Information: The agreement typically includes clauses that protect the Company's confidential information, trade secrets, client lists, and other proprietary knowledge. The executive will be expected to maintain strict confidentiality during and after the employment period. 6. Non-Competition and Non-Solicitation: To safeguard the Company's interests, this section may include non-competition and non-solicitation clauses. These provisions prevent the executive from engaging in certain activities or soliciting employees, clients, or business opportunities that could harm the Company during or after their employment. 7. Termination: This section outlines the conditions under which either party can terminate the employment relationship, such as resignation, termination for cause, or termination without cause. It may also detail the notice periods and severance provisions in case of termination. 8. Governing Law: As the agreement is specific to Montana and Wit Capital Group, Inc., it will likely specify that the laws of the state of Montana govern the terms and interpretation of the agreement. Although there may not be different types of Montana Sample Executive Employment Agreements for Wit Capital Group, Inc., there can be variations or modifications made to this standard agreement depending on specific circumstances, such as different compensation structures, unique confidentiality requirements, or additional provisions tailored to individual executives or positions within the company. It is crucial for both parties to review and negotiate the terms of the agreement to ensure their mutual understanding and compliance with applicable laws.

Montana Sample Executive Employment Agreement for Wit Capital Group, Inc. 1. Introduction: The Montana Sample Executive Employment Agreement is a legally binding contract between an executive employee and Wit Capital Group, Inc. This agreement sets forth the terms and conditions of employment, including compensation, benefits, and various obligations and restrictions applicable to the executive. 2. Parties: This agreement is entered into between Wit Capital Group, Inc., referred to as the "Company," and the executive employee, referred to as the "Executive." 3. Terms and Scope of Employment: This section outlines the key provisions related to the executive's role within the Company, such as job title, duties and responsibilities, reporting relationships, and the term of employment (including start and potentially end dates). 4. Compensation and Benefits: This section discusses the executive's base salary, bonus or incentive plans, equity or stock options, and any other compensation provisions. It may also include information about benefits such as health insurance, retirement plans, vacation, and sick leave. 5. Confidentiality and Proprietary Information: The agreement typically includes clauses that protect the Company's confidential information, trade secrets, client lists, and other proprietary knowledge. The executive will be expected to maintain strict confidentiality during and after the employment period. 6. Non-Competition and Non-Solicitation: To safeguard the Company's interests, this section may include non-competition and non-solicitation clauses. These provisions prevent the executive from engaging in certain activities or soliciting employees, clients, or business opportunities that could harm the Company during or after their employment. 7. Termination: This section outlines the conditions under which either party can terminate the employment relationship, such as resignation, termination for cause, or termination without cause. It may also detail the notice periods and severance provisions in case of termination. 8. Governing Law: As the agreement is specific to Montana and Wit Capital Group, Inc., it will likely specify that the laws of the state of Montana govern the terms and interpretation of the agreement. Although there may not be different types of Montana Sample Executive Employment Agreements for Wit Capital Group, Inc., there can be variations or modifications made to this standard agreement depending on specific circumstances, such as different compensation structures, unique confidentiality requirements, or additional provisions tailored to individual executives or positions within the company. It is crucial for both parties to review and negotiate the terms of the agreement to ensure their mutual understanding and compliance with applicable laws.