North Carolina 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 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.

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.