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

State:
Multi-State
Control #:
US-EG-9117
Format:
Word; 
Rich Text
Instant download

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

North Carolina Sample Employment Agreement: This employment agreement ("Agreement") between Velocity, Inc. ("Company") and the Executive Vice President Chief Administrative Officer and Corporate Secretary ("Executive") is entered into on [insert date]. This Agreement outlines the terms and conditions of the employment relationship between the Company and the Executive. 1. Position and Responsibilities: The Executive shall assume the position of Executive Vice President Chief Administrative Officer and Corporate Secretary. The Executive's primary responsibilities shall include overseeing administrative operations, managing legal matters, and providing essential support to the executive team. 2. Term: This Agreement shall be effective from the date mentioned above and shall continue until terminated by either party, subject to the provisions mentioned within. 3. Compensation and Benefits: The Executive shall be entitled to a competitive compensation package, including a base salary, annual performance bonuses, and other benefits as outlined by the Company's employee policies. Compensation may also include stock options or other incentives. 4. Confidentiality and Non-Disclosure: The Executive acknowledges and agrees to maintain strict confidentiality regarding any proprietary information, trade secrets, or business strategies belonging to the Company. Such confidentiality obligations shall survive the termination of this Agreement. 5. Non-Compete and Non-Solicitation: During the term of this Agreement and for a specified period following its termination, the Executive shall not engage in any activities that directly or indirectly compete with the Company's business. The Executive is also prohibited from soliciting the Company's employees, clients, or business partners without proper authorization. 6. Termination: This Agreement may be terminated by either party with or without cause, upon written notice. In the event of termination, the Executive shall be entitled to receive any outstanding compensation, benefits, or severance as stipulated in the Company's policies or as mutually agreed upon. 7. Governing Law and Dispute Resolution: This Agreement shall be governed by the laws of the state of North Carolina. Any disputes arising from or relating to this Agreement shall be resolved through arbitration in accordance with the rules of the American Arbitration Association, held in the state of North Carolina. 8. Entire Agreement: This Agreement, along with any attached exhibits or addendums, constitutes the entire understanding between the parties and supersedes any prior agreements or representations, whether oral or written. Different types of North Carolina Sample Employment Agreements may include variations based on job roles, such as Sample Employment Agreement for Sales Director, Sample Employment Agreement for Chief Financial Officer, or Sample Employment Agreement for General Counsel. These agreements will have similar structures and sections tailored to the specific positions and responsibilities.

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Negotiable contract terms include executive compensation, bonus structure, stock, options or long term incentives, relocation, tax gross-ups, severance terms and triggers and other key terms. These are all important issues, worth your time and consideration.

A written employee agreement offers a more thorough listing of employer-employee rights, rules, and obligations. With a written contract, the employer may agree to work at the company for a specific period of time.

The offer and acceptance form the agreement between the parties. The offer must be communicated, it must be complete and the offer must be accepted in its exact terms. Mutuality of agreement is a must. The parties to a contract must agree to the same thing inn the same sense.

You have a right to work in an environment free of harassment based on race, color, religion, sex (including pregnancy), national origin, disability, or age (age 40 or older). You have a right to complain about treatment that you believe is illegal job discrimination.

A North Carolina employment contract is used by employers to establish the terms and conditions of employment for a new employee. An employment contract details an employee's responsibilities and duties as well as establishes what they will be compensated with in terms of benefits, income, and vacation time.

Duration of employment. Employee compensation and benefits. Employer's rules, regulations, policies, and practices. Confidentiality agreement. Non-compete clause.

An assignment of employment agreement is a contract between an employer and employee that give employees rights in inventions they make. This agreement applies to inventions made while employeed with the contracted company and is meant to entice employees to come on board with the company.

Here are some steps you may use to guide you when you write an employment contract: Title the employment contract. ... Identify the parties. ... List the term and conditions. ... Outline the job responsibilities. ... Include compensation details. ... Use specific contract terms. ... Consult with an employment lawyer.

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