Phoenix Arizona Sample Employment Agreement between Telocity, Inc. and Executive Vice President and Chief Financial Officer

• Category: Corporations - Public - Employment
• State: Multi-State
• City: Phoenix
• 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 Phoenix, Arizona Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Financial Officer: This Sample Employment Agreement outlines the provisions and terms of employment between Velocity, Inc., a leading technology company based in Phoenix, Arizona, and the Executive Vice President and Chief Financial Officer (CFO). 1. Parties Involved: This Employment Agreement is entered into between Velocity, Inc., referred to as the "Company," and the Executive Vice President and Chief Financial Officer, referred to as the "CFO." 2. Position and Scope of Work: The CFO will serve as the executive leader responsible for overseeing the financial operations of Velocity, Inc. This includes financial planning, budgeting, reporting, risk management, and strategic financial decision-making within the organization. 3. Term of Employment: The agreement specifies the duration of the employment, including the start date and any defined termination clauses or notice periods. 4. Compensation and Benefits: The Employment Agreement lays out the CFO's salary, bonus structure, stock options, and other additional benefits, including but not limited to healthcare, retirement plans, and potential relocation assistance, if applicable. The terms may vary depending on the specific agreement. 5. Duties and Responsibilities: The agreement outlines the CFO's specific duties and responsibilities, such as overseeing financial statements, coordinating audits, managing tax compliance, and ensuring legal and regulatory compliance related to financial operations. 6. Confidentiality and Non-Disclosure: This section emphasizes the importance of protecting the Company's confidential information, trade secrets, and proprietary data. The CFO agrees to maintain the confidentiality of all non-public information acquired during their employment and to refrain from unauthorized disclosure. 7. Non-Compete and Non-Solicitation: The CFO agrees not to engage in any competitive activities that could harm the Company's interests during and after their employment. Additionally, there may be non-solicitation clauses, which restrict the CFO from soliciting company employees or clients for competitive purposes after leaving employment. 8. Termination: This section outlines the conditions and procedures for termination, including provisions for termination with or without cause, resignation, and any severance packages. It may also specify any post-termination obligations of the CFO, such as returning company property or refraining from using proprietary information. 9. Governing Law and Jurisdiction: The agreement establishes the governing law (usually the state where the employment is based) and the jurisdiction in which any disputes will be resolved. Different Types of Phoenix, Arizona Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Financial Officer: 1. Standard Employment Agreement: A comprehensive agreement covering the standard terms and conditions of employment for the CFO position within Velocity, Inc., tailored to the needs and requirements of both parties. 2. Executive-Level Employment Agreement: An enhanced version of the standard employment agreement designed specifically for high-level executives. It may include additional compensation components, such as performance-based incentives, stock options, or deferred compensation plans. 3. Fixed-Term Employment Agreement: A specific agreement that establishes a fixed duration of employment, typically for a temporary project or due to specific business needs. It specifies the start and end dates, as well as any conditions or provisions related to early termination or extension. 4. Part-Time Employment Agreement: A unique agreement developed for CFOs employed on a part-time basis, outlining the number of hours, work schedule, and prorated compensation and benefits. 5. Contract-to-Hire Employment Agreement: This agreement may be used when the employment starts as a temporary contract with the intention of transitioning the CFO to a permanent position after a predetermined evaluation period. It outlines the terms and conditions for both the temporary and permanent phases of employment.

Phoenix, Arizona Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Financial Officer: This Sample Employment Agreement outlines the provisions and terms of employment between Velocity, Inc., a leading technology company based in Phoenix, Arizona, and the Executive Vice President and Chief Financial Officer (CFO). 1. Parties Involved: This Employment Agreement is entered into between Velocity, Inc., referred to as the "Company," and the Executive Vice President and Chief Financial Officer, referred to as the "CFO." 2. Position and Scope of Work: The CFO will serve as the executive leader responsible for overseeing the financial operations of Velocity, Inc. This includes financial planning, budgeting, reporting, risk management, and strategic financial decision-making within the organization. 3. Term of Employment: The agreement specifies the duration of the employment, including the start date and any defined termination clauses or notice periods. 4. Compensation and Benefits: The Employment Agreement lays out the CFO's salary, bonus structure, stock options, and other additional benefits, including but not limited to healthcare, retirement plans, and potential relocation assistance, if applicable. The terms may vary depending on the specific agreement. 5. Duties and Responsibilities: The agreement outlines the CFO's specific duties and responsibilities, such as overseeing financial statements, coordinating audits, managing tax compliance, and ensuring legal and regulatory compliance related to financial operations. 6. Confidentiality and Non-Disclosure: This section emphasizes the importance of protecting the Company's confidential information, trade secrets, and proprietary data. The CFO agrees to maintain the confidentiality of all non-public information acquired during their employment and to refrain from unauthorized disclosure. 7. Non-Compete and Non-Solicitation: The CFO agrees not to engage in any competitive activities that could harm the Company's interests during and after their employment. Additionally, there may be non-solicitation clauses, which restrict the CFO from soliciting company employees or clients for competitive purposes after leaving employment. 8. Termination: This section outlines the conditions and procedures for termination, including provisions for termination with or without cause, resignation, and any severance packages. It may also specify any post-termination obligations of the CFO, such as returning company property or refraining from using proprietary information. 9. Governing Law and Jurisdiction: The agreement establishes the governing law (usually the state where the employment is based) and the jurisdiction in which any disputes will be resolved. Different Types of Phoenix, Arizona Sample Employment Agreement between Velocity, Inc. and Executive Vice President and Chief Financial Officer: 1. Standard Employment Agreement: A comprehensive agreement covering the standard terms and conditions of employment for the CFO position within Velocity, Inc., tailored to the needs and requirements of both parties. 2. Executive-Level Employment Agreement: An enhanced version of the standard employment agreement designed specifically for high-level executives. It may include additional compensation components, such as performance-based incentives, stock options, or deferred compensation plans. 3. Fixed-Term Employment Agreement: A specific agreement that establishes a fixed duration of employment, typically for a temporary project or due to specific business needs. It specifies the start and end dates, as well as any conditions or provisions related to early termination or extension. 4. Part-Time Employment Agreement: A unique agreement developed for CFOs employed on a part-time basis, outlining the number of hours, work schedule, and prorated compensation and benefits. 5. Contract-to-Hire Employment Agreement: This agreement may be used when the employment starts as a temporary contract with the intention of transitioning the CFO to a permanent position after a predetermined evaluation period. It outlines the terms and conditions for both the temporary and permanent phases of employment.