Executive Employment Agreement between Global Access Pagers, Inc. and Gary Killoran dated January 4, 1999. 19 pages
North Dakota Sample Executive Employment Agreement for Global Access Pagers, Inc. Introduction: The North Dakota Sample Executive Employment Agreement for Global Access Pagers, Inc. is a legally binding document that outlines the terms and conditions of employment between Global Access Pagers, Inc. and its executive-level employees in the state of North Dakota. This agreement ensures a mutually beneficial relationship between the company and its executives, providing clarity and protection for both parties involved. Key Elements: 1. Parties Involved: This agreement is entered into between Global Access Pagers, Inc. (referred to as "Company") and the executive-level employee (referred to as "Employee"). 2. Position and Duties: The agreement clearly defines the specific position the employee will hold within the company. It outlines their duties, responsibilities, and the reporting structure within the organization. 3. Employment Term: The agreement specifies the duration of employment, including its effective date, and whether it is a fixed-term or an indefinite employment agreement. 4. Compensation and Benefits: Details regarding the executive's compensation and benefits package are included. This may cover base salary, bonuses, stock options, health insurance, retirement plans, and any other fringe benefits. 5. Termination: This section outlines the conditions under which either party can terminate the employment agreement. It may include provisions for termination with or without cause, notice periods, severance packages, and non-compete agreements. 6. Confidentiality and Non-Disclosure: To protect the company's proprietary information, this section specifies the executive's responsibility to maintain confidentiality and not disclose any sensitive or confidential information during and after employment. 7. Intellectual Property: This clause ensures that any work or intellectual property created by the executive during their employment belongs to the company, protecting the company's rights to patents, trademarks, copyrights, or trade secrets. 8. Dispute Resolution: The agreement may specify the preferred method of resolving any disputes, such as through arbitration or mediation, rather than litigation. It may also define the jurisdiction and venue for any legal proceedings. Additional Types of North Dakota Sample Executive Employment Agreement for Global Access Pagers, Inc.: 1. Fixed-Term Agreement: A fixed-term agreement establishes a specific duration of employment. It includes start and end dates, after which the agreement will expire unless renewed or terminated by either party. 2. Indefinite Agreement: An indefinite agreement does not specify a specific end date. Instead, the employment relationship continues until one party decides to terminate the agreement by providing proper notice as outlined within the contract. Conclusion: The North Dakota Sample Executive Employment Agreement for Global Access Pagers, Inc. is a comprehensive legal document designed to establish a clear understanding between a company and its executive-level employees in North Dakota. By highlighting the key elements of the employment relationship, this agreement protects both the interests of the company and executives, ensuring a harmonious and productive work environment.
North Dakota Sample Executive Employment Agreement for Global Access Pagers, Inc. Introduction: The North Dakota Sample Executive Employment Agreement for Global Access Pagers, Inc. is a legally binding document that outlines the terms and conditions of employment between Global Access Pagers, Inc. and its executive-level employees in the state of North Dakota. This agreement ensures a mutually beneficial relationship between the company and its executives, providing clarity and protection for both parties involved. Key Elements: 1. Parties Involved: This agreement is entered into between Global Access Pagers, Inc. (referred to as "Company") and the executive-level employee (referred to as "Employee"). 2. Position and Duties: The agreement clearly defines the specific position the employee will hold within the company. It outlines their duties, responsibilities, and the reporting structure within the organization. 3. Employment Term: The agreement specifies the duration of employment, including its effective date, and whether it is a fixed-term or an indefinite employment agreement. 4. Compensation and Benefits: Details regarding the executive's compensation and benefits package are included. This may cover base salary, bonuses, stock options, health insurance, retirement plans, and any other fringe benefits. 5. Termination: This section outlines the conditions under which either party can terminate the employment agreement. It may include provisions for termination with or without cause, notice periods, severance packages, and non-compete agreements. 6. Confidentiality and Non-Disclosure: To protect the company's proprietary information, this section specifies the executive's responsibility to maintain confidentiality and not disclose any sensitive or confidential information during and after employment. 7. Intellectual Property: This clause ensures that any work or intellectual property created by the executive during their employment belongs to the company, protecting the company's rights to patents, trademarks, copyrights, or trade secrets. 8. Dispute Resolution: The agreement may specify the preferred method of resolving any disputes, such as through arbitration or mediation, rather than litigation. It may also define the jurisdiction and venue for any legal proceedings. Additional Types of North Dakota Sample Executive Employment Agreement for Global Access Pagers, Inc.: 1. Fixed-Term Agreement: A fixed-term agreement establishes a specific duration of employment. It includes start and end dates, after which the agreement will expire unless renewed or terminated by either party. 2. Indefinite Agreement: An indefinite agreement does not specify a specific end date. Instead, the employment relationship continues until one party decides to terminate the agreement by providing proper notice as outlined within the contract. Conclusion: The North Dakota Sample Executive Employment Agreement for Global Access Pagers, Inc. is a comprehensive legal document designed to establish a clear understanding between a company and its executive-level employees in North Dakota. By highlighting the key elements of the employment relationship, this agreement protects both the interests of the company and executives, ensuring a harmonious and productive work environment.