Nebraska 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 Nebraska Sample Employment Agreement: This Nebraska Sample Employment Agreement is between Velocity, Inc. (referred to as "Company") and the Executive Vice President, Chief Administrative Officer, and Corporate Secretary (referred to as "Employee"). 1. Position and Duties: Employee shall serve as the Executive Vice President, Chief Administrative Officer, and Corporate Secretary of the Company. Employee agrees to perform all the duties associated with this position diligently and in accordance with the Company's policies and procedures. 2. Term of Employment: The term of this agreement shall begin on the effective date stated herein and shall continue until terminated by either party as outlined below. 3. Compensation: Employee shall receive a base salary of [insert amount] per year, payable in accordance with the Company's standard payroll practices. In addition to the base salary, Employee shall be eligible for bonuses and benefits as determined by the Company's incentive plans and policies. 4. Termination: a. Termination Without Cause: The Company reserves the right to terminate this agreement without cause by providing [insert notice period] days' notice or paying salary in lieu of the notice period. b. Termination for Cause: The Company may terminate this agreement immediately if Employee commits a material breach of this agreement, engages in misconduct, or fails to perform their duties satisfactorily. c. Resignation: Employee may resign from their position by providing [insert notice period] days' written notice to the Company. 5. Non-Competition and Non-Solicitation: During the term of employment and for a period of [insert duration] after termination, Employee agrees not to engage in any competitive activities or solicit Company's employees, clients, or business partners without prior written consent from the Company. 6. Confidentiality: Employee agrees to maintain the confidentiality of all trade secrets, proprietary information, and confidential data of the Company, both during and after the employment term. 7. Governing Law and Dispute Resolution: This agreement shall be governed by the laws of the State of Nebraska. Any disputes arising out of or relating to this agreement shall be resolved through arbitration in accordance with the rules and regulations of the American Arbitration Association. Additional Types of Nebraska Sample Employment Agreements: — Nebraska Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Financial Officer — Nebraska Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Technology Officer — Nebraska Sample Employment Agreement between Velocity, Inc. and Executive Vice President and General Counsel — Nebraska Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Human Resources Officer.

Nebraska Sample Employment Agreement: This Nebraska Sample Employment Agreement is between Velocity, Inc. (referred to as "Company") and the Executive Vice President, Chief Administrative Officer, and Corporate Secretary (referred to as "Employee"). 1. Position and Duties: Employee shall serve as the Executive Vice President, Chief Administrative Officer, and Corporate Secretary of the Company. Employee agrees to perform all the duties associated with this position diligently and in accordance with the Company's policies and procedures. 2. Term of Employment: The term of this agreement shall begin on the effective date stated herein and shall continue until terminated by either party as outlined below. 3. Compensation: Employee shall receive a base salary of [insert amount] per year, payable in accordance with the Company's standard payroll practices. In addition to the base salary, Employee shall be eligible for bonuses and benefits as determined by the Company's incentive plans and policies. 4. Termination: a. Termination Without Cause: The Company reserves the right to terminate this agreement without cause by providing [insert notice period] days' notice or paying salary in lieu of the notice period. b. Termination for Cause: The Company may terminate this agreement immediately if Employee commits a material breach of this agreement, engages in misconduct, or fails to perform their duties satisfactorily. c. Resignation: Employee may resign from their position by providing [insert notice period] days' written notice to the Company. 5. Non-Competition and Non-Solicitation: During the term of employment and for a period of [insert duration] after termination, Employee agrees not to engage in any competitive activities or solicit Company's employees, clients, or business partners without prior written consent from the Company. 6. Confidentiality: Employee agrees to maintain the confidentiality of all trade secrets, proprietary information, and confidential data of the Company, both during and after the employment term. 7. Governing Law and Dispute Resolution: This agreement shall be governed by the laws of the State of Nebraska. Any disputes arising out of or relating to this agreement shall be resolved through arbitration in accordance with the rules and regulations of the American Arbitration Association. Additional Types of Nebraska Sample Employment Agreements: — Nebraska Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Financial Officer — Nebraska Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Technology Officer — Nebraska Sample Employment Agreement between Velocity, Inc. and Executive Vice President and General Counsel — Nebraska Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Human Resources Officer.