Pennsylvania Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Marketing Officer: This Pennsylvania Sample Employment Agreement is entered into between Velocity, Inc. (referred to as the "Company") and the Executive Vice President and Chief Marketing Officer (referred to as the "Executive"). 1. Position and Responsibilities: The Executive will serve as the Executive Vice President and Chief Marketing Officer and will be responsible for overseeing the company's marketing strategies and operations. The Executive will report directly to the CEO and board of directors. 2. Term: The agreement will commence on [start date] and will continue for an initial term of [duration], subject to renewal or termination as per the terms of this agreement. 3. Compensation: The Executive will receive a base salary of [amount] per year, payable in regular installments. In addition to the base salary, the Executive will be eligible for performance-based bonuses, equity or stock options, and other benefits, as determined by the Company's compensation committee. 4. Duties and Obligations: The Executive agrees to devote their full business time and efforts to the business and affairs of the Company and will faithfully and diligently carry out their duties, responsibilities, and obligations as assigned by the Company. 5. Confidentiality: The Executive acknowledges the confidential nature of the Company's trade secrets, proprietary information, customer data, and other confidential business information. The Executive agrees to maintain strict confidentiality and not disclose or use such information for any purpose other than for the benefit of the Company. 6. Non-Competition and Non-Solicitation: During the term of employment and for a specified period after termination, the Executive agrees not to engage in any competitive activities or solicit Company employees or clients without prior written consent from the Company. 7. Termination: Termination may occur due to various reasons, including voluntary resignation, termination for cause, or termination without cause. The agreement outlines the notice periods, severance packages, and other relevant terms and conditions associated with termination. 8. Governing Law and Jurisdiction: This agreement shall be governed by and construed in accordance with the laws of the state of Pennsylvania. Any disputes arising out of or relating to this agreement shall be resolved exclusively through the state or federal courts located in Pennsylvania. Different types or variations of Pennsylvania Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Marketing Officer might include: — Non-Disclosure Agreement (NDA): Focusing explicitly on the confidentiality obligations and restrictions of the Executive. — Non-Compete Agreement: Emphasizing the non-compete and non-solicitation aspects to protect the Company's interests. — Fixed-Term Employment Agreement: Defining a specific duration of employment, after which the agreement automatically terminates. — At-Will Employment Agreement: Allowing either party to terminate the agreement at any time, with or without cause, without specifying a fixed term.