Chicago Illinois Retention Agreement between Dialdata S.A. Internet Systems and Antonio Alberto Valente Tavares

• Category: Corporations - Public
• State: Multi-State
• City: Chicago
• Control #: US-EG-9429
• Format: Word; Rich Text

Description

Retention Agreement between Dialdata S.A. Internet Systems and Antonio Alberto Valente Tavares dated December 29, 1998. 10 pages. A Chicago Illinois Retention Agreement is a legally binding contract that outlines the terms and conditions agreed upon between Dial data S.A. Internet Systems, a technology company based in Chicago, Illinois, and Antonio Alberto Valente Tavares, an individual or entity entering into a business relationship with Dial data. This agreement serves to ensure that Dial data retains the services of Tavares for a specified period of time, securing his expertise and knowledge for the benefit of the company. It also establishes the compensation and other benefits that Tavares will receive in exchange for his continued commitment to the company. Key elements included in a Chicago Illinois Retention Agreement may include: 1. Duration: The agreement specifies the duration of the retention period, indicating the start and end dates. 2. Compensation: It outlines the details of the compensation package that Tavares will receive, which may include a base salary, bonuses, stock options, or other monetary incentives. 3. Job Description: The agreement defines the role and responsibilities of Tavares within Dial data, ensuring clarity regarding his professional obligations. 4. Non-Compete Clause: This clause may restrict Tavares from engaging in similar activities or services with competitors during and after the retention period, protecting Dial data's business interests. 5. Confidentiality: The agreement may include a confidentiality clause, prohibiting Tavares from disclosing any proprietary or sensitive information about Dial data to external parties. 6. Termination Clause: This section outlines the conditions under which either party can terminate the agreement before its expiration date, such as breach of contract or failure to meet performance standards. 7. Governing Law and Jurisdiction: The agreement specifies that Chicago, Illinois laws govern the contract and any disputes that may arise will be subject to the jurisdiction of the courts in Chicago, Illinois. Different types of Chicago Illinois Retention Agreements between Dial data S.A. Internet Systems and Antonio Alberto Valente Tavares may include: 1. Executive Retention Agreement: This specific type of agreement is typically used for high-level executives within Dial data. It may include additional benefits and compensation provisions due to the seniority and importance of the individual. 2. Consultant Retention Agreement: If Tavares is retained in a consultancy role, the agreement may have specific clauses related to project deliverables, billing rates, and terms of engagement. 3. Non-Employee Retention Agreement: In cases where Tavares is not an employee of Dial data, a non-employee retention agreement may be used, which outlines the terms of the relationship and the services to be provided. It is crucial to consult legal professionals when drafting or entering into a Chicago Illinois Retention Agreement to ensure compliance with local laws and regulations.

A Chicago Illinois Retention Agreement is a legally binding contract that outlines the terms and conditions agreed upon between Dial data S.A. Internet Systems, a technology company based in Chicago, Illinois, and Antonio Alberto Valente Tavares, an individual or entity entering into a business relationship with Dial data. This agreement serves to ensure that Dial data retains the services of Tavares for a specified period of time, securing his expertise and knowledge for the benefit of the company. It also establishes the compensation and other benefits that Tavares will receive in exchange for his continued commitment to the company. Key elements included in a Chicago Illinois Retention Agreement may include: 1. Duration: The agreement specifies the duration of the retention period, indicating the start and end dates. 2. Compensation: It outlines the details of the compensation package that Tavares will receive, which may include a base salary, bonuses, stock options, or other monetary incentives. 3. Job Description: The agreement defines the role and responsibilities of Tavares within Dial data, ensuring clarity regarding his professional obligations. 4. Non-Compete Clause: This clause may restrict Tavares from engaging in similar activities or services with competitors during and after the retention period, protecting Dial data's business interests. 5. Confidentiality: The agreement may include a confidentiality clause, prohibiting Tavares from disclosing any proprietary or sensitive information about Dial data to external parties. 6. Termination Clause: This section outlines the conditions under which either party can terminate the agreement before its expiration date, such as breach of contract or failure to meet performance standards. 7. Governing Law and Jurisdiction: The agreement specifies that Chicago, Illinois laws govern the contract and any disputes that may arise will be subject to the jurisdiction of the courts in Chicago, Illinois. Different types of Chicago Illinois Retention Agreements between Dial data S.A. Internet Systems and Antonio Alberto Valente Tavares may include: 1. Executive Retention Agreement: This specific type of agreement is typically used for high-level executives within Dial data. It may include additional benefits and compensation provisions due to the seniority and importance of the individual. 2. Consultant Retention Agreement: If Tavares is retained in a consultancy role, the agreement may have specific clauses related to project deliverables, billing rates, and terms of engagement. 3. Non-Employee Retention Agreement: In cases where Tavares is not an employee of Dial data, a non-employee retention agreement may be used, which outlines the terms of the relationship and the services to be provided. It is crucial to consult legal professionals when drafting or entering into a Chicago Illinois Retention Agreement to ensure compliance with local laws and regulations.