The North Dakota Retention Agreement between Dial data S.A. Internet Systems and Antonio Alberto Valente Tavares is a vital document that outlines the terms and conditions for retaining the services of Antonio Alberto Valente Tavares by Dial data S.A. Internet Systems, a company based in North Dakota. This agreement highlights the importance of retaining the expertise and knowledge of Antonio Alberto Valente Tavares within the company. Under this specific agreement, there are two different types that can be identified: 1. North Dakota Retention Agreement — Standard Version: This version of the agreement serves as a general template, outlining the standard terms and conditions for retaining the services of Antonio Alberto Valente Tavares. It covers essential aspects such as the duration of the agreement, compensation and benefits, non-disclosure and non-compete clauses, and any specific duties or responsibilities assigned to Antonio Alberto Valente Tavares during the retention period. 2. North Dakota Retention Agreement — Executive Version: The executive version of the agreement is more tailored towards high-level executives or individuals possessing specialized skills or knowledge critical to the company's operations. This version includes additional provisions such as severance packages, stock options or equity grants, performance-based bonuses, and specific restrictions on engaging in competitive activities during and after the retention period. The agreement specifies that the main purpose of retaining Antonio Alberto Valente Tavares is to ensure the continuity and success of Dial data S.A. Internet Systems' operations. It emphasizes the need for confidentiality, as any proprietary or sensitive information shared with Antonio Alberto Valente Tavares must be kept strictly confidential even after the termination of the retention period. In terms of compensation, the agreement details the payment structure, including the base salary, any incentives or bonuses received, and the frequency of payments. It also outlines any additional benefits, such as healthcare coverage, retirement plans, or vacation allowances that Antonio Alberto Valente Tavares may be entitled to during the retention period. The agreement further includes provisions regarding non-disclosure and non-compete agreements, aiming to protect Dial data S.A. Internet Systems' proprietary information and trade secrets. It specifies that Antonio Alberto Valente Tavares is prohibited from disclosing any confidential information to third parties or engaging in activities that could directly compete with the company's business during the retention period and a defined post-retention period. Overall, the North Dakota Retention Agreement between Dial data S.A. Internet Systems and Antonio Alberto Valente Tavares serves as a legally binding document that establishes a mutually beneficial relationship, ensuring the company's continuity and safeguarding its intellectual property while providing appropriate compensation and benefits to Antonio Alberto Valente Tavares in recognition of their expertise.