New Jersey 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 New Jersey Sample Employment Agreement between Velocity, Inc. and Executive Vice President/Chief Administrative Officer and Corporate Secretary This Sample Employment Agreement is designed to outline the terms and conditions of employment between Velocity, Inc. (hereinafter referred to as the "Company") and the Executive Vice President/Chief Administrative Officer and Corporate Secretary (hereinafter referred to as the "Executive") in accordance with the laws of the state of New Jersey. 1. Position and Responsibilities: The Executive shall serve as Executive Vice President/Chief Administrative Officer and Corporate Secretary of the Company. The Executive shall be responsible for overseeing administrative functions, managing corporate governance matters, and providing strategic guidance to support the company's goals. 2. Employment Term: This agreement shall have an initial term of three years, commencing on [start date], and ending on [end date]. The agreement may be renewed by mutual written agreement of both parties. 3. Compensation: The Executive shall receive a base salary of [amount], payable in accordance with the Company's regular payroll practices. In addition to the base salary, the Executive shall be eligible for annual performance-based bonuses, stock options, and other benefits as per the Company's policies. 4. Termination: Termination of employment may occur upon voluntary resignation, termination for cause, or termination without cause. In the event of termination without cause, the Executive shall be entitled to severance pay and benefits as specified in this agreement. 5. Non-Competition and Non-Solicitation: During the term of employment and for a specified period following termination, the Executive shall agree not to engage in competitive activities or solicit employees or clients of the Company. 6. Confidentiality and Intellectual Property: The Executive shall maintain strict confidentiality regarding proprietary information and trade secrets of the Company. All intellectual property created during the course of employment shall solely belong to the Company. These clauses briefly outline the main provisions of a New Jersey Sample Employment Agreement between Velocity, Inc. and the Executive Vice President/Chief Administrative Officer and Corporate Secretary. It is important to customize the agreement to suit the specific needs and nature of the company. Different types of employment agreements may include variations in compensation structure, termination conditions, non-disclosure agreements, or non-compete agreements based on the nature of the role or industry.

New Jersey Sample Employment Agreement between Velocity, Inc. and Executive Vice President/Chief Administrative Officer and Corporate Secretary This Sample Employment Agreement is designed to outline the terms and conditions of employment between Velocity, Inc. (hereinafter referred to as the "Company") and the Executive Vice President/Chief Administrative Officer and Corporate Secretary (hereinafter referred to as the "Executive") in accordance with the laws of the state of New Jersey. 1. Position and Responsibilities: The Executive shall serve as Executive Vice President/Chief Administrative Officer and Corporate Secretary of the Company. The Executive shall be responsible for overseeing administrative functions, managing corporate governance matters, and providing strategic guidance to support the company's goals. 2. Employment Term: This agreement shall have an initial term of three years, commencing on [start date], and ending on [end date]. The agreement may be renewed by mutual written agreement of both parties. 3. Compensation: The Executive shall receive a base salary of [amount], payable in accordance with the Company's regular payroll practices. In addition to the base salary, the Executive shall be eligible for annual performance-based bonuses, stock options, and other benefits as per the Company's policies. 4. Termination: Termination of employment may occur upon voluntary resignation, termination for cause, or termination without cause. In the event of termination without cause, the Executive shall be entitled to severance pay and benefits as specified in this agreement. 5. Non-Competition and Non-Solicitation: During the term of employment and for a specified period following termination, the Executive shall agree not to engage in competitive activities or solicit employees or clients of the Company. 6. Confidentiality and Intellectual Property: The Executive shall maintain strict confidentiality regarding proprietary information and trade secrets of the Company. All intellectual property created during the course of employment shall solely belong to the Company. These clauses briefly outline the main provisions of a New Jersey Sample Employment Agreement between Velocity, Inc. and the Executive Vice President/Chief Administrative Officer and Corporate Secretary. It is important to customize the agreement to suit the specific needs and nature of the company. Different types of employment agreements may include variations in compensation structure, termination conditions, non-disclosure agreements, or non-compete agreements based on the nature of the role or industry.