Executive Employment Agreement between Global Access Pagers, Inc. and Gary Killoran dated January 4, 1999. 19 pages
Kings New York Sample Executive Employment Agreement for Global Access Pagers, Inc. is a comprehensive legal document that outlines the terms and conditions of employment for executives joining the organization. This agreement is designed to ensure clarity and mutual understanding between Global Access Pagers, Inc. and its executives, providing a solid foundation for a successful working relationship. Key terms in the Kings New York Sample Executive Employment Agreement include: 1. Position and Duties: This section defines the executive's role within the organization, outlining their rights and responsibilities, reporting lines, and duties to be performed. 2. Compensation and Benefits: This section details the executive's salary, bonuses, stock options, and other benefits they are entitled to. It includes provisions for expense reimbursements, insurance coverage, and vacation leave. 3. Term and Termination: Here, the duration of the employment agreement is specified, along with clauses for termination, resignation, and severance packages. It also covers potential grounds for termination, such as breach of contract or poor performance. 4. Confidentiality and Non-Compete: To protect Global Access Pagers, Inc.'s intellectual property, this section establishes the executive's obligation to maintain the confidentiality of sensitive company information and restricts their ability to work for competitors during and after their employment. 5. Intellectual Property: This section outlines the ownership and usage rights of intellectual property developed during the executive's tenure with Global Access Pagers, Inc. It ensures that any inventions, patents, or trade secrets created belong to the company. 6. Dispute Resolution and Arbitration: In case of any disagreements or disputes, this section specifies the procedures for resolving conflicts, either through negotiation or arbitration, ensuring a fair and impartial process. The Kings New York Sample Executive Employment Agreement for Global Access Pagers, Inc. may have variations or additions depending on specific requirements or the executive's level within the organization. These variations may include contract terms related to non-solicitation, non-disclosure agreements, or change in control provisions. It's important for executives and employers to consult legal professionals to customize the agreement according to their specific needs and ensure compliance with local labor laws and regulations.
Kings New York Sample Executive Employment Agreement for Global Access Pagers, Inc. is a comprehensive legal document that outlines the terms and conditions of employment for executives joining the organization. This agreement is designed to ensure clarity and mutual understanding between Global Access Pagers, Inc. and its executives, providing a solid foundation for a successful working relationship. Key terms in the Kings New York Sample Executive Employment Agreement include: 1. Position and Duties: This section defines the executive's role within the organization, outlining their rights and responsibilities, reporting lines, and duties to be performed. 2. Compensation and Benefits: This section details the executive's salary, bonuses, stock options, and other benefits they are entitled to. It includes provisions for expense reimbursements, insurance coverage, and vacation leave. 3. Term and Termination: Here, the duration of the employment agreement is specified, along with clauses for termination, resignation, and severance packages. It also covers potential grounds for termination, such as breach of contract or poor performance. 4. Confidentiality and Non-Compete: To protect Global Access Pagers, Inc.'s intellectual property, this section establishes the executive's obligation to maintain the confidentiality of sensitive company information and restricts their ability to work for competitors during and after their employment. 5. Intellectual Property: This section outlines the ownership and usage rights of intellectual property developed during the executive's tenure with Global Access Pagers, Inc. It ensures that any inventions, patents, or trade secrets created belong to the company. 6. Dispute Resolution and Arbitration: In case of any disagreements or disputes, this section specifies the procedures for resolving conflicts, either through negotiation or arbitration, ensuring a fair and impartial process. The Kings New York Sample Executive Employment Agreement for Global Access Pagers, Inc. may have variations or additions depending on specific requirements or the executive's level within the organization. These variations may include contract terms related to non-solicitation, non-disclosure agreements, or change in control provisions. It's important for executives and employers to consult legal professionals to customize the agreement according to their specific needs and ensure compliance with local labor laws and regulations.