Utah Sample Employment Agreement between Telocity, Inc. and Senior Vice President of Business Development
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How to fill out Sample Employment Agreement Between Telocity, Inc. And Senior Vice President Of Business Development?
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FAQ
Generally speaking, an employee who is fired for cause is being terminated for their misconduct. They could have broken the law, violated an important company policy, or made a serious mistake or lapse in judgment that put the company at risk.
Recitals. The ?whereas? clauses, referred to as recitals, define the world of the agreement and offer key background information about the Parties. In this Agreement, this section includes a simple statement of the Parties' intent to enter an employment relationship.
The term cause has no uniform definition. However, agreements typically define it as ?willful or gross misconduct, moral turpitude, failure to perform duties, or breach of fiduciary duty.? Less frequently, sexual harassment, substance abuse or incompetence are specifically included as grounds for termination for cause.
An executive employment agreement is a legal contract between an employer and an executive that outlines the terms of their working relationship. These agreements include information about salary, benefits, stock options or awards, vacation time allotment and more.
An Employment Contract outlines an employer's and employee's rights, responsibilities, and obligations during a period of employment. Once the employer offers the employee the job and the two parties sign the contract, they become bound to its terms.
A. : a reason for an action or condition : motive. b. : something that brings about an effect or a result. trying to find the cause of the accident.
(law, ethics) For a legitimate, specific reason; with justification.
A ?good reason? definition typically defines actions that might impact an employee's ability to go to the acquiring company, for example, if following the acquisition the workplace will move more than 50 miles.