Oklahoma Sample Employment Agreement between Telocity, Inc. and Senior Vice President of Business Development

• Category: Corporations - Public - Employment
• State: Multi-State
• Control #: US-EG-9114
• Format: Word; Rich Text

Description

This is a multi-state form covering the subject matter of the title. Oklahoma Sample Employment Agreement between Velocity, Inc. and Senior Vice President of Business Development This Oklahoma Sample Employment Agreement is drafted between Velocity, Inc., a company incorporated in the state of Oklahoma, and the Senior Vice President of Business Development, hereinafter referred to as "Employee." 1. Employment Terms: — Position: The Employee shall hold the position of Senior Vice President of Business Development. — Duties: The Employee shall be responsible for developing and implementing strategic business development plans, identifying and pursuing new business opportunities, managing client relationships, and fostering growth within the company. — Reporting: The Employee shall report directly to the Chief Executive Officer (CEO) of Velocity, Inc. — Effective Date: The agreement shall be effective from the date of signing and remain valid until terminated by either party in accordance with the terms herein. 2. Compensation and Benefits: — Base Salary: The Employee shall receive a base salary of [specific amount] per year, payable monthly. — Incentives and Bonuses: The Employee may be eligible for performance-based incentives and bonuses as determined by the company's executive compensation policy. — Benefits: The Employee shall be entitled to participate in Velocity, Inc.'s employee benefits programs, including but not limited to health insurance, retirement plans, and vacation days, subject to the terms and conditions of each respective plan. 3. Term and Termination: — Term: The employment term shall commence on the effective date and shall continue until terminated in accordance with this agreement. — Termination for Cause: Either party may terminate the agreement with cause upon written notice if the other party materially breaches any provision of this agreement or engages in misconduct detrimental to the company. — Termination without CauseVelocityty, Inc. may terminate the employment without cause upon written notice, at any time. In such cases, the Employee shall be entitled to any accrued salary and benefits until the date of termination. 4. Confidentiality and Non-Compete: — Confidentiality: The Employee shall maintain the confidentiality of all proprietary information, trade secrets, and business strategies of Velocity, Inc., both during and after the employment term. — Non-Compete: The Employee agrees not to engage in any competitive activities or work for any competitor within a specified geographic area for a certain period after termination, as outlined in a separate non-compete agreement. 5. Governing Law and Dispute Resolution: — Governing Law: This agreement shall be governed by the laws of the state of Oklahoma. — Dispute Resolution: Any disputes arising out of this agreement shall be resolved through mediation or, if necessary, through binding arbitration in accordance with the rules of the American Arbitration Association. Note: The above description outlines a standard sample employment agreement between Velocity, Inc. and the Senior Vice President of Business Development for reference purposes. Adaptations or additional clauses may be included based on specific circumstances or legal requirements.

Oklahoma Sample Employment Agreement between Velocity, Inc. and Senior Vice President of Business Development This Oklahoma Sample Employment Agreement is drafted between Velocity, Inc., a company incorporated in the state of Oklahoma, and the Senior Vice President of Business Development, hereinafter referred to as "Employee." 1. Employment Terms: — Position: The Employee shall hold the position of Senior Vice President of Business Development. — Duties: The Employee shall be responsible for developing and implementing strategic business development plans, identifying and pursuing new business opportunities, managing client relationships, and fostering growth within the company. — Reporting: The Employee shall report directly to the Chief Executive Officer (CEO) of Velocity, Inc. — Effective Date: The agreement shall be effective from the date of signing and remain valid until terminated by either party in accordance with the terms herein. 2. Compensation and Benefits: — Base Salary: The Employee shall receive a base salary of [specific amount] per year, payable monthly. — Incentives and Bonuses: The Employee may be eligible for performance-based incentives and bonuses as determined by the company's executive compensation policy. — Benefits: The Employee shall be entitled to participate in Velocity, Inc.'s employee benefits programs, including but not limited to health insurance, retirement plans, and vacation days, subject to the terms and conditions of each respective plan. 3. Term and Termination: — Term: The employment term shall commence on the effective date and shall continue until terminated in accordance with this agreement. — Termination for Cause: Either party may terminate the agreement with cause upon written notice if the other party materially breaches any provision of this agreement or engages in misconduct detrimental to the company. — Termination without CauseVelocityty, Inc. may terminate the employment without cause upon written notice, at any time. In such cases, the Employee shall be entitled to any accrued salary and benefits until the date of termination. 4. Confidentiality and Non-Compete: — Confidentiality: The Employee shall maintain the confidentiality of all proprietary information, trade secrets, and business strategies of Velocity, Inc., both during and after the employment term. — Non-Compete: The Employee agrees not to engage in any competitive activities or work for any competitor within a specified geographic area for a certain period after termination, as outlined in a separate non-compete agreement. 5. Governing Law and Dispute Resolution: — Governing Law: This agreement shall be governed by the laws of the state of Oklahoma. — Dispute Resolution: Any disputes arising out of this agreement shall be resolved through mediation or, if necessary, through binding arbitration in accordance with the rules of the American Arbitration Association. Note: The above description outlines a standard sample employment agreement between Velocity, Inc. and the Senior Vice President of Business Development for reference purposes. Adaptations or additional clauses may be included based on specific circumstances or legal requirements.