Rhode Island Sample Employment Agreement: This Rhode Island Sample Employment Agreement outlines the terms and conditions agreed upon between Velocity, Inc. (referred to as the "Company") and the Executive Vice President Chief Administrative Officer and Corporate Secretary (referred to as the "MVP CAN and Corporate Secretary" or "Executive"). 1. Position and Duties: The MVP CAN and Corporate Secretary shall serve in a senior executive role, responsible for overseeing administrative functions and acting as secretary to the Board of Directors. This includes coordinating and managing corporate governance matters, facilitating internal communications, and supporting executive leadership. 2. Term of Employment: This employment agreement is effective as of [date] and shall continue until terminated as per the provisions outlined herein. 3. Compensation and Benefits: The Executive shall be provided with a competitive compensation package, including a base salary, bonuses, and equity participation based on performance. The agreement also covers benefits such as health insurance, retirement plans, and vacation leave, subject to applicable laws and Company policies. 4. Confidentiality and Non-Compete: The MVP CAN and Corporate Secretary agrees to maintain the confidentiality of proprietary information and trade secrets. They also acknowledge non-compete obligations during the term of employment and for a specified period after termination, within reasonable geographical limits. 5. Termination: This agreement addresses both voluntary and involuntary termination, including provisions for severance pay, if applicable, and the return of Company property and records upon exit. Termination may occur due to performance issues, violation of Company policies, or others mutually agreed circumstances. Other Rhode Island Sample Employment Agreements: — Rhode Island Sample Employment Agreement: Executive Vice President of Sales and Marketing — Rhode Island Sample Employment Agreement: Chief Financial Officer — Rhode Island Sample Employment Agreement: General Counsel and Corporate Compliance Officer — Rhode Island Sample Employment Agreement: Vice President of Human Resources — Rhode Island Sample Employment Agreement: Chief Technology Officer Please note that this is just a generic description of a Rhode Island Sample Employment Agreement, and the actual contract terms may vary depending on the specific requirements and legal considerations of Velocity, Inc., as well as the chosen executive role. It is essential to consult with legal professionals to draft or review any employment agreement to ensure compliance with Rhode Island laws and regulations.