South Carolina Sample Employment Agreement between Telocity, Inc. and Executive Vice President and Chief Financial Officer

• Category: Corporations - Public - Employment
• State: Multi-State
• Control #: US-EG-9116
• Format: Word; Rich Text

Description

Employment Agreement between Telocity, Inc. and Edward J. Hayes, Jr. as Executive Vice President and Chief Financial Officer dated January 3, 2000. 11 pages South Carolina Sample Employment Agreement: This South Carolina Sample Employment Agreement is being entered into between Velocity, Inc. (hereinafter referred to as "Company") and the Executive Vice President and Chief Financial Officer (hereinafter referred to as "Executive"). 1. Position and Duties: The Executive shall serve as the Executive Vice President and Chief Financial Officer of the Company. The Executive's primary responsibilities include overseeing the financial operations, strategic planning, and investment management of the Company. 2. Term: This Agreement shall commence on [start date] and continue until [end date], unless terminated earlier than per the provisions stated herein. 3. Compensation: The Executive shall receive a base salary of [dollar amount] per year, payable in regular installments. Additionally, the Executive shall be eligible for annual performance-based bonuses and participate in the Company's employee benefits programs. 4. Termination: Either party may terminate this Agreement upon [number of days] prior written notice to the other party. Termination may occur without cause or for cause, including, but not limited to, breach of this Agreement, misconduct, or material violation of Company policies. 5. Confidentiality and Non-Disclosure: The Executive shall maintain the confidentiality of the Company's proprietary information, trade secrets, and client data during and after the employment period. The Executive shall refrain from disclosing such information to any third party without the Company's written consent. 6. Non-Competition: During the employment period and for a period of [number of years] following its termination, the Executive shall refrain from engaging in any business activities that directly compete with the Company's business operations within [geographical area]. 7. Intellectual Property: Any inventions, developments, or improvements made by the Executive during the employment period, relating to the Company's business, shall be deemed the property of the Company without any additional compensation to the Executive. 8. Severability: If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue to be valid and enforceable to the fullest extent permitted by law. Different types of South Carolina Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Financial Officer may include variations based on term lengths, compensation structures, non-compete agreements, and termination clauses specific to the individual circumstances of the agreement. These variations will be dependent on the specific negotiations and requirements of the parties involved.

South Carolina Sample Employment Agreement: This South Carolina Sample Employment Agreement is being entered into between Velocity, Inc. (hereinafter referred to as "Company") and the Executive Vice President and Chief Financial Officer (hereinafter referred to as "Executive"). 1. Position and Duties: The Executive shall serve as the Executive Vice President and Chief Financial Officer of the Company. The Executive's primary responsibilities include overseeing the financial operations, strategic planning, and investment management of the Company. 2. Term: This Agreement shall commence on [start date] and continue until [end date], unless terminated earlier than per the provisions stated herein. 3. Compensation: The Executive shall receive a base salary of [dollar amount] per year, payable in regular installments. Additionally, the Executive shall be eligible for annual performance-based bonuses and participate in the Company's employee benefits programs. 4. Termination: Either party may terminate this Agreement upon [number of days] prior written notice to the other party. Termination may occur without cause or for cause, including, but not limited to, breach of this Agreement, misconduct, or material violation of Company policies. 5. Confidentiality and Non-Disclosure: The Executive shall maintain the confidentiality of the Company's proprietary information, trade secrets, and client data during and after the employment period. The Executive shall refrain from disclosing such information to any third party without the Company's written consent. 6. Non-Competition: During the employment period and for a period of [number of years] following its termination, the Executive shall refrain from engaging in any business activities that directly compete with the Company's business operations within [geographical area]. 7. Intellectual Property: Any inventions, developments, or improvements made by the Executive during the employment period, relating to the Company's business, shall be deemed the property of the Company without any additional compensation to the Executive. 8. Severability: If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue to be valid and enforceable to the fullest extent permitted by law. Different types of South Carolina Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Financial Officer may include variations based on term lengths, compensation structures, non-compete agreements, and termination clauses specific to the individual circumstances of the agreement. These variations will be dependent on the specific negotiations and requirements of the parties involved.