Travis Texas Sample Employment Agreement between Telocity, Inc. and Executive Vice President and Chief Marketing Officer

• Category: Corporations - Public - Employment
• State: Multi-State
• County: Travis
• Control #: US-EG-9110
• Format: Word; Rich Text

Description

Employment Agreement between dated September 14, 1999. 18 pages Travis, Texas Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Marketing Officer This Travis, Texas Sample Employment Agreement serves as a legally binding document between Velocity, Inc., a reputable company headquartered in Travis, Texas, and the Executive Vice President and Chief Marketing Officer (CMO). The purpose of this agreement is to outline the terms and conditions of the employment relationship, including compensation, benefits, rights, and responsibilities, to ensure a mutual understanding between both parties. This Travis, Texas Sample Employment Agreement contains the following key provisions: 1. Parties involved: The agreement identifies Velocity, Inc. as the employer and the Executive Vice President and Chief Marketing Officer as the employee. 2. Position and Responsibilities: This section provides a detailed description of the CMO's role within the company, outlining the specific duties, expectations, and reporting structure. 3. Compensation: The agreement clearly defines the CMO's compensation package, including base salary, bonuses, commission, equity, and any other benefits or allowances. 4. Employment Term: This section specifies the duration of the employment relationship, whether it is on an open-ended basis or for a fixed term. It may also outline any provisions for termination and notice periods. 5. Confidentiality and Non-Disclosure: The agreement emphasizes the importance of maintaining the confidentiality of company information and trade secrets, prohibiting the CMO from disclosing any confidential information to outside parties during or after their employment. 6. Non-Compete and Non-Solicitation: This section may include provisions preventing the CMO from engaging in competitive activities or soliciting clients or employees of Velocity, Inc. for a certain period of time following their departure. 7. Intellectual Property: This provision outlines the ownership and rights to any intellectual property created or developed by the CMO during their employment, ensuring that Velocity, Inc. retains full ownership. 8. Severability: In the event that any provision of the agreement is deemed unenforceable, this provision ensures that the remainder of the agreement remains valid and intact. 9. Governing Law and Jurisdiction: This outlines that the laws of the state of Texas will govern any disputes or legal matters arising from the agreement, and any legal proceedings will be conducted within the appropriate Travis County court. 10. Amendments and Entire Agreement: This final section specifies that any amendments or modifications to the agreement must be made in writing and signed by both parties. Additionally, it states that the agreement constitutes the entire understanding between Velocity, Inc. and the CMO, superseding any prior agreements or understandings. Different types of Travis, Texas Sample Employment Agreements between Velocity, Inc. and an Executive Vice President and Chief Marketing Officer may include specific variations based on factors such as the employee's level of experience, the industry served, or specific contractual negotiations. However, the key provisions outlined above are typically found in most employment agreements of this nature.

Travis, Texas Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Marketing Officer This Travis, Texas Sample Employment Agreement serves as a legally binding document between Velocity, Inc., a reputable company headquartered in Travis, Texas, and the Executive Vice President and Chief Marketing Officer (CMO). The purpose of this agreement is to outline the terms and conditions of the employment relationship, including compensation, benefits, rights, and responsibilities, to ensure a mutual understanding between both parties. This Travis, Texas Sample Employment Agreement contains the following key provisions: 1. Parties involved: The agreement identifies Velocity, Inc. as the employer and the Executive Vice President and Chief Marketing Officer as the employee. 2. Position and Responsibilities: This section provides a detailed description of the CMO's role within the company, outlining the specific duties, expectations, and reporting structure. 3. Compensation: The agreement clearly defines the CMO's compensation package, including base salary, bonuses, commission, equity, and any other benefits or allowances. 4. Employment Term: This section specifies the duration of the employment relationship, whether it is on an open-ended basis or for a fixed term. It may also outline any provisions for termination and notice periods. 5. Confidentiality and Non-Disclosure: The agreement emphasizes the importance of maintaining the confidentiality of company information and trade secrets, prohibiting the CMO from disclosing any confidential information to outside parties during or after their employment. 6. Non-Compete and Non-Solicitation: This section may include provisions preventing the CMO from engaging in competitive activities or soliciting clients or employees of Velocity, Inc. for a certain period of time following their departure. 7. Intellectual Property: This provision outlines the ownership and rights to any intellectual property created or developed by the CMO during their employment, ensuring that Velocity, Inc. retains full ownership. 8. Severability: In the event that any provision of the agreement is deemed unenforceable, this provision ensures that the remainder of the agreement remains valid and intact. 9. Governing Law and Jurisdiction: This outlines that the laws of the state of Texas will govern any disputes or legal matters arising from the agreement, and any legal proceedings will be conducted within the appropriate Travis County court. 10. Amendments and Entire Agreement: This final section specifies that any amendments or modifications to the agreement must be made in writing and signed by both parties. Additionally, it states that the agreement constitutes the entire understanding between Velocity, Inc. and the CMO, superseding any prior agreements or understandings. Different types of Travis, Texas Sample Employment Agreements between Velocity, Inc. and an Executive Vice President and Chief Marketing Officer may include specific variations based on factors such as the employee's level of experience, the industry served, or specific contractual negotiations. However, the key provisions outlined above are typically found in most employment agreements of this nature.