Oklahoma 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 Oklahoma Sample Employment Agreement between Velocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary This Oklahoma Sample Employment Agreement ("Agreement") is made and entered into on [Insert Date], by and between Velocity, Inc. ("Company") with its principal place of business at [Insert Company Address], and [Insert Name of Executive], ("Executive"), residing at [Insert Executive's Address]. 1. Position and Duties: Under this Agreement, the Company hereby employs Executive as the Executive Vice President, Chief Administrative Officer, and Corporate Secretary. Executive shall perform all duties and responsibilities assigned by the Company's Board of Directors or Chief Executive Officer, relating to the administrative and secretarial functions of the organization. 2. Term: The term of this Agreement shall commence on the effective date and shall continue for a period of [Insert Term of Employment, e.g., three (3) years], subject to termination as provided herein. 3. Compensation: a) Base Salary: Executive shall receive an annual base salary of [Insert Salary Amount], payable in accordance with the Company's regular payroll practices. b) Performance Bonus: Executive shall be eligible to receive an annual performance bonus based on a combination of individual and company performance, at the sole discretion of the Company's Board of Directors. c) Benefits: Executive will be entitled to participate in all employee benefits, programs, and plans offered by the Company to its senior executives, subject to the terms and conditions of each respective plan. 4. Termination: a) Termination for Cause: The Company may terminate this Agreement for cause upon written notice to the Executive, in the event of the Executive's material breach of any provision of this Agreement. b) Termination without Cause: The Company may terminate this Agreement without cause upon [Insert Notice Period, e.g., ninety (90) days] written notice to the Executive. c) Severance Benefits: In the event of termination without cause or non-renewal of this Agreement, subject to the Executive's execution of a release of claims, the Executive shall be entitled to [Insert Severance Package Details, e.g., payment of [Insert Number] months of base salary and continued benefits for [Insert Number] months]. 5. Confidentiality and Non-Compete: Executive shall maintain the confidentiality of all proprietary information, trade secrets, and intellectual property of the Company during their employment and thereafter. Executive also agrees to non-compete and non-solicitation provisions as outlined in a separate agreement. 6. Governing Law and Jurisdiction: This Agreement shall be governed by and construed in accordance with the laws of the state of Oklahoma. Any disputes arising out of or related to this Agreement shall be subject to the exclusive jurisdiction of the state and federal courts located in [Insert County], Oklahoma. In witness whereof, the parties hereto have executed this Oklahoma Sample Employment Agreement as of the date first above written. [Insert Company Name] By: [Insert Company Representative Name] Title: [Insert Company Representative Title] [Insert Executive Name] Title: Executive Vice President Chief Administrative Officer and Corporate Secretary Additional types of Oklahoma Sample Employment Agreements between Velocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary may include variations in terms such as duration, compensation structure, severance packages, and specific provisions related to non-disclosure, non-compete, or non-solicitation agreements.

Oklahoma Sample Employment Agreement between Velocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary This Oklahoma Sample Employment Agreement ("Agreement") is made and entered into on [Insert Date], by and between Velocity, Inc. ("Company") with its principal place of business at [Insert Company Address], and [Insert Name of Executive], ("Executive"), residing at [Insert Executive's Address]. 1. Position and Duties: Under this Agreement, the Company hereby employs Executive as the Executive Vice President, Chief Administrative Officer, and Corporate Secretary. Executive shall perform all duties and responsibilities assigned by the Company's Board of Directors or Chief Executive Officer, relating to the administrative and secretarial functions of the organization. 2. Term: The term of this Agreement shall commence on the effective date and shall continue for a period of [Insert Term of Employment, e.g., three (3) years], subject to termination as provided herein. 3. Compensation: a) Base Salary: Executive shall receive an annual base salary of [Insert Salary Amount], payable in accordance with the Company's regular payroll practices. b) Performance Bonus: Executive shall be eligible to receive an annual performance bonus based on a combination of individual and company performance, at the sole discretion of the Company's Board of Directors. c) Benefits: Executive will be entitled to participate in all employee benefits, programs, and plans offered by the Company to its senior executives, subject to the terms and conditions of each respective plan. 4. Termination: a) Termination for Cause: The Company may terminate this Agreement for cause upon written notice to the Executive, in the event of the Executive's material breach of any provision of this Agreement. b) Termination without Cause: The Company may terminate this Agreement without cause upon [Insert Notice Period, e.g., ninety (90) days] written notice to the Executive. c) Severance Benefits: In the event of termination without cause or non-renewal of this Agreement, subject to the Executive's execution of a release of claims, the Executive shall be entitled to [Insert Severance Package Details, e.g., payment of [Insert Number] months of base salary and continued benefits for [Insert Number] months]. 5. Confidentiality and Non-Compete: Executive shall maintain the confidentiality of all proprietary information, trade secrets, and intellectual property of the Company during their employment and thereafter. Executive also agrees to non-compete and non-solicitation provisions as outlined in a separate agreement. 6. Governing Law and Jurisdiction: This Agreement shall be governed by and construed in accordance with the laws of the state of Oklahoma. Any disputes arising out of or related to this Agreement shall be subject to the exclusive jurisdiction of the state and federal courts located in [Insert County], Oklahoma. In witness whereof, the parties hereto have executed this Oklahoma Sample Employment Agreement as of the date first above written. [Insert Company Name] By: [Insert Company Representative Name] Title: [Insert Company Representative Title] [Insert Executive Name] Title: Executive Vice President Chief Administrative Officer and Corporate Secretary Additional types of Oklahoma Sample Employment Agreements between Velocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary may include variations in terms such as duration, compensation structure, severance packages, and specific provisions related to non-disclosure, non-compete, or non-solicitation agreements.