New York Sample Employment Agreement: This New York Sample Employment Agreement is entered into between Velocity, Inc. (hereinafter referred to as the "Company") and [Executive Vice President and Chief Marketing Officer's Name] (hereinafter referred to as the "Executive") on this [Date] (hereinafter referred to as the "Effective Date"). 1. Position and Responsibilities: The Executive shall serve as the Executive Vice President and Chief Marketing Officer of the Company. The Executive shall be responsible for developing and implementing strategic marketing plans, managing marketing budgets, overseeing marketing campaigns, and ensuring the Company's brand image. 2. Term of Employment: This Agreement shall commence on the Effective Date and shall continue for an initial term of [Number of Years]. It may be renewed for additional terms upon mutual agreement, subject to satisfactory performance evaluations and the consent of both Parties. 3. Compensation and Benefits: 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 performance-based bonuses, equity grants, and other benefits as outlined in the Company's compensation policy. 4. Termination: Either Party may terminate this Agreement upon [Number of Days/Months] prior written notice to the other Party. The Company may terminate the agreement with immediate effect in case of the Executive's gross misconduct, material breach of the agreement, or failure to perform duties as expected. 5. Confidentiality and Ownership of Intellectual Property: During and after the termination of his/her employment, the Executive shall maintain the confidentiality of the Company's proprietary information and shall not disclose or use such information for personal gain or any other purpose without the written consent of the Company. Any work-related intellectual property developed by the Executive during his/her employment shall be the sole property of the Company. 6. Non-Competition and Non-Solicitation: The Executive shall, during the term of employment and for a period of [Number of Years] following termination, not engage in any activities that compete with the Company's business or solicit its employees, clients, or customers without prior written consent from the Company. Different types of New York Sample Employment Agreements between Velocity, Inc. and the Executive Vice President and Chief Marketing Officer may include variations in terms such as compensation structure, non-compete clauses, termination clauses, and specific responsibilities based on individual agreements. Note: This is a generic template and should be reviewed and customized by legal professionals to reflect the specific needs, requirements, and laws governing employment agreements in New York.