Texas 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 Sample Employment Agreement between Velocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary This Texas Sample Employment Agreement outlines the terms and conditions of the employment relationship between Velocity, Inc. (referred to as the "Company") and the Executive Vice President (MVP), Chief Administrative Officer (CAN), and Corporate Secretary (referred to as the "Executive"). 1. Position and Duties: The Executive shall serve as MVP, CAN, and Corporate Secretary of the Company, with responsibilities including but not limited to overseeing administrative operations, managing corporate governance matters, and providing strategic guidance. 2. Employment Term: The term of this agreement shall commence on [start date] and continue until [end date], subject to modifications or termination as outlined in the agreement. 3. Compensation and Benefits: The Executive shall receive a competitive base salary of [specific amount] per annum, subject to periodic review and adjustment. In addition, the Executive shall be eligible for performance-based bonuses, benefits, equity grants, and participation in the Company's various employee benefit plans. 4. Termination: The agreement identifies various conditions under which either party may terminate the employment relationship, such as termination for cause, resignation, mutual agreement, or upon the death or disability of the Executive. In such cases, the agreement outlines the associated notice period, severance pay, and post-termination obligations. 5. Confidentiality and Non-Competition: To protect the Company's proprietary information, trade secrets, and client relationships, the agreement includes provisions that require the Executive to maintain strict confidentiality during and after the employment period. Non-competition clauses may also be included, delineating any restrictions on the Executive from engaging in competing activities for a specified period. 6. Intellectual Property: The agreement clarifies the ownership and rights to intellectual property developed by the Executive during the course of their employment. This ensures that any inventions, patents, or copyrightable works related to the Company's business are the exclusive property of the Company. Additional variations of the Texas Sample Employment Agreement between Velocity, Inc. and the Executive VP CAN and Corporate Secretary may include: — Texas Sample Employment Agreement for Executive Vice President and Chief Operating Officer (COO) — Texas Sample Employment Agreement for Executive Vice President and Chief Financial Officer (CFO) — Texas Sample Employment Agreement for Executive Vice President and Chief Marketing Officer (CMO) — Texas Sample Employment Agreement for Executive Vice President and Chief Technology Officer (CTO) These variations would cater to different executive positions within the Company while maintaining consistency in the general structure and content of the employment agreement. Note: It is important to consult legal professionals to tailor the agreement to specific circumstances and comply with applicable laws and regulations.

Sample Employment Agreement between Velocity, Inc. and Executive Vice President Chief Administrative Officer and Corporate Secretary This Texas Sample Employment Agreement outlines the terms and conditions of the employment relationship between Velocity, Inc. (referred to as the "Company") and the Executive Vice President (MVP), Chief Administrative Officer (CAN), and Corporate Secretary (referred to as the "Executive"). 1. Position and Duties: The Executive shall serve as MVP, CAN, and Corporate Secretary of the Company, with responsibilities including but not limited to overseeing administrative operations, managing corporate governance matters, and providing strategic guidance. 2. Employment Term: The term of this agreement shall commence on [start date] and continue until [end date], subject to modifications or termination as outlined in the agreement. 3. Compensation and Benefits: The Executive shall receive a competitive base salary of [specific amount] per annum, subject to periodic review and adjustment. In addition, the Executive shall be eligible for performance-based bonuses, benefits, equity grants, and participation in the Company's various employee benefit plans. 4. Termination: The agreement identifies various conditions under which either party may terminate the employment relationship, such as termination for cause, resignation, mutual agreement, or upon the death or disability of the Executive. In such cases, the agreement outlines the associated notice period, severance pay, and post-termination obligations. 5. Confidentiality and Non-Competition: To protect the Company's proprietary information, trade secrets, and client relationships, the agreement includes provisions that require the Executive to maintain strict confidentiality during and after the employment period. Non-competition clauses may also be included, delineating any restrictions on the Executive from engaging in competing activities for a specified period. 6. Intellectual Property: The agreement clarifies the ownership and rights to intellectual property developed by the Executive during the course of their employment. This ensures that any inventions, patents, or copyrightable works related to the Company's business are the exclusive property of the Company. Additional variations of the Texas Sample Employment Agreement between Velocity, Inc. and the Executive VP CAN and Corporate Secretary may include: — Texas Sample Employment Agreement for Executive Vice President and Chief Operating Officer (COO) — Texas Sample Employment Agreement for Executive Vice President and Chief Financial Officer (CFO) — Texas Sample Employment Agreement for Executive Vice President and Chief Marketing Officer (CMO) — Texas Sample Employment Agreement for Executive Vice President and Chief Technology Officer (CTO) These variations would cater to different executive positions within the Company while maintaining consistency in the general structure and content of the employment agreement. Note: It is important to consult legal professionals to tailor the agreement to specific circumstances and comply with applicable laws and regulations.