Phoenix Arizona Senior Executive Employment Agreement for Infocast Corp.

• Category: Corporations - Public - Employment
• State: Multi-State
• City: Phoenix
• 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. Phoenix Arizona Senior Executive Employment Agreement is a legally binding document that outlines the terms and conditions of employment for senior executives working at Info cast Corp. This agreement ensures clarity and protection for both the company and the executive by specifying the rights, responsibilities, compensation, and benefits associated with their role. The agreement typically starts with an introductory section that includes the names of the senior executive and Info cast Corp., the effective date, and a brief overview of the purpose of the agreement. It also states that the executive is an at-will employee, meaning either party can terminate the employment relationship with or without cause. Next, the agreement defines the position and duties of the senior executive, detailing the scope of responsibilities and reporting structure within the organization. It may include requirements on confidentiality, non-competition, and intellectual property rights to safeguard the company's interests. The compensation section establishes the financial aspects of the agreement. It outlines the base salary, which can either be a fixed amount or include provisions for annual increments or bonuses tied to performance metrics. Additionally, it may detail other forms of compensation, such as stock options, equity grants, profit-sharing, or deferred compensation plans. The agreement may also address expense reimbursements, retirement benefits, and health benefits provided by the company. The term of employment section specifies the duration of the agreement, which can be for a fixed period or remain open-ended unless terminated by either party. It may also enumerate circumstances under which the agreement can be terminated, including resignation, retirement, death, disability, or misconduct. Severance provisions are another crucial component of the agreement. They outline the conditions under which the executive is entitled to receive severance payments, benefits continuation, or other perks in the event of a termination without cause or a change in control of the company. Phoenix Arizona Senior Executive Employment Agreement for Info cast Corp. may have different variations tailored to specific roles or levels of seniority within the organization. These could include agreements for Chief Executive Officers (CEO), Chief Financial Officers (CFO), Chief Operations Officers (COO), or Vice Presidents (VPs) with varying levels of responsibilities and compensation. These variations would address the specific needs and expectations associated with each role. In conclusion, the Phoenix Arizona Senior Executive Employment Agreement for Info cast Corp. is a comprehensive document defining the terms and conditions of employment for senior executives. It covers various aspects such as roles and responsibilities, compensation, benefits, termination provisions, and severance packages. These agreements may have specific versions catering to different senior executive positions within the organization.

Phoenix Arizona Senior Executive Employment Agreement is a legally binding document that outlines the terms and conditions of employment for senior executives working at Info cast Corp. This agreement ensures clarity and protection for both the company and the executive by specifying the rights, responsibilities, compensation, and benefits associated with their role. The agreement typically starts with an introductory section that includes the names of the senior executive and Info cast Corp., the effective date, and a brief overview of the purpose of the agreement. It also states that the executive is an at-will employee, meaning either party can terminate the employment relationship with or without cause. Next, the agreement defines the position and duties of the senior executive, detailing the scope of responsibilities and reporting structure within the organization. It may include requirements on confidentiality, non-competition, and intellectual property rights to safeguard the company's interests. The compensation section establishes the financial aspects of the agreement. It outlines the base salary, which can either be a fixed amount or include provisions for annual increments or bonuses tied to performance metrics. Additionally, it may detail other forms of compensation, such as stock options, equity grants, profit-sharing, or deferred compensation plans. The agreement may also address expense reimbursements, retirement benefits, and health benefits provided by the company. The term of employment section specifies the duration of the agreement, which can be for a fixed period or remain open-ended unless terminated by either party. It may also enumerate circumstances under which the agreement can be terminated, including resignation, retirement, death, disability, or misconduct. Severance provisions are another crucial component of the agreement. They outline the conditions under which the executive is entitled to receive severance payments, benefits continuation, or other perks in the event of a termination without cause or a change in control of the company. Phoenix Arizona Senior Executive Employment Agreement for Info cast Corp. may have different variations tailored to specific roles or levels of seniority within the organization. These could include agreements for Chief Executive Officers (CEO), Chief Financial Officers (CFO), Chief Operations Officers (COO), or Vice Presidents (VPs) with varying levels of responsibilities and compensation. These variations would address the specific needs and expectations associated with each role. In conclusion, the Phoenix Arizona Senior Executive Employment Agreement for Info cast Corp. is a comprehensive document defining the terms and conditions of employment for senior executives. It covers various aspects such as roles and responsibilities, compensation, benefits, termination provisions, and severance packages. These agreements may have specific versions catering to different senior executive positions within the organization.