Hennepin Minnesota Senior Executive Employment Agreement for Infocast Corp.

• Category: Corporations - Public - Employment
• State: Multi-State
• County: Hennepin
• Control #: US-EG-9386
• Format: Word; Rich Text

Description

Senior Executive Employment Agreement between Infocast Corporation and Herve Seguin dated December 6, 1999. 13 pages. Hennepin Minnesota Senior Executive Employment Agreement for Info cast Corp. refers to a legally binding contract that outlines the terms and conditions of employment for senior executives working at Info cast Corp. in Hennepin County, Minnesota. This agreement is designed to safeguard the interests of both the company and the executive, and it typically covers various key aspects such as compensation, benefits, and obligations. The Hennepin Minnesota Senior Executive Employment Agreement for Info cast Corp. is customized to meet the specific requirements of the company and the individual executive. Here are some important keywords associated with this agreement: 1. Compensation: The agreement clearly defines the executive's base salary, bonus structure, equity grants, and any other forms of compensation. It may outline details about performance-based incentives, commissions, and profit-sharing arrangements. 2. Position and Responsibilities: The executive's job title, role, and responsibilities within the organization are described in detail. This includes information about their reporting relationships, authority, and any specific areas of focus. 3. Employment Term: The agreement specifies the duration of the employment, whether it is for a fixed period or an ongoing basis. It may include provisions for extensions or termination of the agreement under certain circumstances. 4. Non-Disclosure and Confidentiality: To protect the company's intellectual property and proprietary information, the agreement establishes confidentiality obligations for the executive. It may also outline non-compete and non-solicitation clauses to prevent the executive from working for or approaching competitors during and after employment. 5. Benefits and Perquisites: The agreement outlines the executive's entitlement to various benefits such as healthcare, retirement plans, stock options, company-sponsored insurances, vacation days, and other perquisites. 6. Termination and Severance: This section details the conditions under which either party can terminate the agreement, as well as the severance compensation and benefits the executive is entitled to upon termination. It may include provisions for termination with or without cause, resignation, retirement, or disability. 7. Governing Law and Jurisdiction: The agreement specifies the legal jurisdiction under which any disputes will be resolved, commonly stating that the laws of the state of Minnesota will apply. While there may not be different types of Hennepin Minnesota Senior Executive Employment Agreements for Info cast Corp., the specific terms and conditions of the agreement may vary depending on factors such as the executive's seniority, industry, specialized skills, and negotiated terms. It is important to note that the information provided here is a general overview, and it is advisable to consult legal professionals specializing in employment agreements for precise and comprehensive understanding of the Hennepin Minnesota Senior Executive Employment Agreement for Info cast Corp., as requirements may vary.

Hennepin Minnesota Senior Executive Employment Agreement for Info cast Corp. refers to a legally binding contract that outlines the terms and conditions of employment for senior executives working at Info cast Corp. in Hennepin County, Minnesota. This agreement is designed to safeguard the interests of both the company and the executive, and it typically covers various key aspects such as compensation, benefits, and obligations. The Hennepin Minnesota Senior Executive Employment Agreement for Info cast Corp. is customized to meet the specific requirements of the company and the individual executive. Here are some important keywords associated with this agreement: 1. Compensation: The agreement clearly defines the executive's base salary, bonus structure, equity grants, and any other forms of compensation. It may outline details about performance-based incentives, commissions, and profit-sharing arrangements. 2. Position and Responsibilities: The executive's job title, role, and responsibilities within the organization are described in detail. This includes information about their reporting relationships, authority, and any specific areas of focus. 3. Employment Term: The agreement specifies the duration of the employment, whether it is for a fixed period or an ongoing basis. It may include provisions for extensions or termination of the agreement under certain circumstances. 4. Non-Disclosure and Confidentiality: To protect the company's intellectual property and proprietary information, the agreement establishes confidentiality obligations for the executive. It may also outline non-compete and non-solicitation clauses to prevent the executive from working for or approaching competitors during and after employment. 5. Benefits and Perquisites: The agreement outlines the executive's entitlement to various benefits such as healthcare, retirement plans, stock options, company-sponsored insurances, vacation days, and other perquisites. 6. Termination and Severance: This section details the conditions under which either party can terminate the agreement, as well as the severance compensation and benefits the executive is entitled to upon termination. It may include provisions for termination with or without cause, resignation, retirement, or disability. 7. Governing Law and Jurisdiction: The agreement specifies the legal jurisdiction under which any disputes will be resolved, commonly stating that the laws of the state of Minnesota will apply. While there may not be different types of Hennepin Minnesota Senior Executive Employment Agreements for Info cast Corp., the specific terms and conditions of the agreement may vary depending on factors such as the executive's seniority, industry, specialized skills, and negotiated terms. It is important to note that the information provided here is a general overview, and it is advisable to consult legal professionals specializing in employment agreements for precise and comprehensive understanding of the Hennepin Minnesota Senior Executive Employment Agreement for Info cast Corp., as requirements may vary.