Executive Employment Agreement between Global Access Pagers, Inc. and Gary Killoran dated January 4, 1999. 19 pages
Title: A Comprehensive Overview of Washington Sample Executive Employment Agreement for Global Access Pagers, Inc. Introduction: The Washington Sample Executive Employment Agreement for Global Access Pagers, Inc. outlines the terms and conditions for executives employed by the company. This agreement is designed to protect both parties and establish a mutually beneficial working relationship. Below is a detailed description of this agreement, including its key components and various types. 1. Executive Employment Agreement: This section defines the agreement between Global Access Pagers, Inc. and the executive, ensuring that both parties understand their rights and responsibilities. It encompasses various aspects like job title, start date, reporting structure, and basic employment terms. 2. Terms of Employment: This section outlines the duration of the executive's employment, including specifics such as the probationary period and evaluation processes. It may also cover details about the executive's compensation package, including salary, benefits, and bonuses. 3. Duties and Responsibilities: This section outlines the executive's primary duties and responsibilities within the company, providing a clear understanding of the expectations for their role. It may include information about core responsibilities, reporting lines, and any additional commitments. 4. Confidentiality and Intellectual Property: This section emphasizes the importance of protecting proprietary information and intellectual property. It defines the executive's obligations regarding confidentiality and highlights the company's rights over any work-related discoveries or inventions made during their employment. 5. Non-Compete and Non-Solicitation: This segment prohibits executives from engaging in activities that could harm Global Access Pagers, Inc.'s interests during or after their employment. It restricts them from competing with the company or attempting to solicit clients, investors, or fellow employees. 6. Termination Clause: This section describes the conditions under which the agreement can be terminated, including voluntary resignation, termination for cause, or termination without cause. It outlines the notice period required for termination and specifies any severance package or benefits provided. 7. Dispute Resolution: This provision details the process for resolving disputes that may arise between the executive and Global Access Pagers, Inc. It may include mediation, arbitration, or legal proceedings, depending on the severity and nature of the disagreement. Types of Washington Sample Executive Employment Agreements for Global Access Pagers, Inc.: 1. Standard Executive Employment Agreement: This agreement is applicable to most executives joining the company, covering essential terms and conditions. 2. Elevated Executive Employment Agreement: Designed for high-level executives or those in specialized roles, this agreement may include additional clauses related to compensation, equity ownership, or profit-sharing. 3. Contract Renewal Agreement: If an executive's initial term of employment is about to expire, this agreement is used to extend the employment relationship while modifying specific terms if necessary. Conclusion: The Washington Sample Executive Employment Agreement for Global Access Pagers, Inc. sets the foundation for a successful and professional relationship between the company and its executives. It ensures clarity and protects the interests of both parties involved, establishing a framework for cooperation and mutual growth.
Title: A Comprehensive Overview of Washington Sample Executive Employment Agreement for Global Access Pagers, Inc. Introduction: The Washington Sample Executive Employment Agreement for Global Access Pagers, Inc. outlines the terms and conditions for executives employed by the company. This agreement is designed to protect both parties and establish a mutually beneficial working relationship. Below is a detailed description of this agreement, including its key components and various types. 1. Executive Employment Agreement: This section defines the agreement between Global Access Pagers, Inc. and the executive, ensuring that both parties understand their rights and responsibilities. It encompasses various aspects like job title, start date, reporting structure, and basic employment terms. 2. Terms of Employment: This section outlines the duration of the executive's employment, including specifics such as the probationary period and evaluation processes. It may also cover details about the executive's compensation package, including salary, benefits, and bonuses. 3. Duties and Responsibilities: This section outlines the executive's primary duties and responsibilities within the company, providing a clear understanding of the expectations for their role. It may include information about core responsibilities, reporting lines, and any additional commitments. 4. Confidentiality and Intellectual Property: This section emphasizes the importance of protecting proprietary information and intellectual property. It defines the executive's obligations regarding confidentiality and highlights the company's rights over any work-related discoveries or inventions made during their employment. 5. Non-Compete and Non-Solicitation: This segment prohibits executives from engaging in activities that could harm Global Access Pagers, Inc.'s interests during or after their employment. It restricts them from competing with the company or attempting to solicit clients, investors, or fellow employees. 6. Termination Clause: This section describes the conditions under which the agreement can be terminated, including voluntary resignation, termination for cause, or termination without cause. It outlines the notice period required for termination and specifies any severance package or benefits provided. 7. Dispute Resolution: This provision details the process for resolving disputes that may arise between the executive and Global Access Pagers, Inc. It may include mediation, arbitration, or legal proceedings, depending on the severity and nature of the disagreement. Types of Washington Sample Executive Employment Agreements for Global Access Pagers, Inc.: 1. Standard Executive Employment Agreement: This agreement is applicable to most executives joining the company, covering essential terms and conditions. 2. Elevated Executive Employment Agreement: Designed for high-level executives or those in specialized roles, this agreement may include additional clauses related to compensation, equity ownership, or profit-sharing. 3. Contract Renewal Agreement: If an executive's initial term of employment is about to expire, this agreement is used to extend the employment relationship while modifying specific terms if necessary. Conclusion: The Washington Sample Executive Employment Agreement for Global Access Pagers, Inc. sets the foundation for a successful and professional relationship between the company and its executives. It ensures clarity and protects the interests of both parties involved, establishing a framework for cooperation and mutual growth.