Alabama Sample Executive Employment Agreement for Global Access Pagers, Inc.
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How to fill out Sample Executive Employment Agreement For Global Access Pagers, Inc.?
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An executive contract, also known as an executive employment contract or an executive employment agreement is a written employment agreement between an employer and a highly compensated employee serving in an executive capacity within the company, such as a Chief Executive Officer, Chief Operating Officer, Chief ...
Executive may terminate his or her employment for Good Reason so long as Executive tenders his resignation to the Company within thirty (30) days after the occurrence of the event which forms the basis for his resignation for Good Reason.
Execute an Employment Agreement for Every Executive. Specify Compensation Terms and Conditions Clearly. State Termination and Severance Conditions. Protect Your Intellectual Property. Focus on Writing With Clarity and Simplicity.
An executive employment agreement is a legal contract between an employer and an executive that outlines the terms of their working relationship. These agreements include information about salary, benefits, stock options or awards, vacation time allotment and more.
Term. Often, the initial term of a CEO contract is between two and five years. A key factor to consider is the variety of ways in which the term can end before the contract expires. The term and termination provisions are intimately intertwined and need to be coordinated.
The full names of the employer and employee. The address of the employer. The place of work, or where there is no fixed or main place of work, a statement stating that there are various places or you are free to set your own place of work or to work at various places. The date the employment started.
Essential Elements of an Employment Contract Terms of employment. The terms make up one of the most important elements. ... Compensation and benefits. ... Job description. ... Employment absence. ... Non-disclosure/confidentiality agreement. ... Termination and severance.
Executive employment agreements may include these categories: Compensation. Stock options/equity grants. Scope of position. Benefits. Job term and termination. Expense reimbursement. Company property. Liability protection.