Maine Proposal to ratify an Executive Employment Agreement with copy of agreement

State:
Multi-State
Control #:
US-CC-15-148L
Format:
Word; 
Rich Text
Instant download

Description

This is a Proposal to Ratify an Executive Employment Agreement, which may be used across the United States. It is an Employment Agreement between corporation and its Chief Executive Officer that includes a stock option.
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  • Preview Proposal to ratify an Executive Employment Agreement with copy of agreement
  • Preview Proposal to ratify an Executive Employment Agreement with copy of agreement
  • Preview Proposal to ratify an Executive Employment Agreement with copy of agreement
  • Preview Proposal to ratify an Executive Employment Agreement with copy of agreement
  • Preview Proposal to ratify an Executive Employment Agreement with copy of agreement
  • Preview Proposal to ratify an Executive Employment Agreement with copy of agreement
  • Preview Proposal to ratify an Executive Employment Agreement with copy of agreement
  • Preview Proposal to ratify an Executive Employment Agreement with copy of agreement
  • Preview Proposal to ratify an Executive Employment Agreement with copy of agreement
  • Preview Proposal to ratify an Executive Employment Agreement with copy of agreement
  • Preview Proposal to ratify an Executive Employment Agreement with copy of agreement

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FAQ

Also note, that only an employee may waive the thirty minute meal period requirement. And, the waiver must be voluntary. Any employer who coerces an employee to waive the requirement is in violation of the statute.

Maine Law: Meal Breaks Required In Maine, employers must allow employees to take a 30-minute meal break after working for six consecutive hours, except in cases of emergency. This time is unpaid, unless the employer chooses to pay employees for breaks.

Maine state statute recognizes the exemption from overtime for people working in a "bona fide executive, administrative or professional capacity" and requires that employers pay a salary ing to the requirements of the Federal Fair Labor Standards Act (FLSA).

There are specific policies regarding the waiving of meal breaks in California. This includes: If you worked less than 6 hours: you can skip your meal break. If you worked more than 6 hours: you can waive your meal break, but it has to be agreed upon between you and your employer.

Maine does not have a law against wrongful termination and Maine courts will not review an employer's personnel decision to determine whether it was right or wrong, fair or unfair. However, in some cases, wrongful termination can be used as evidence of an unlawful, discriminatory motive.

At-Will Employment ?Under Maine law, an at-will employee may be terminated for any reason not specifically prohibited by law. In most instances, you are an at-will employee unless you are covered by a collective bargaining agreement or other contract that limits termination.

The only state that is not an at-will employment state is Montana. Almost every state has exceptions or exemptions for at-will employment.

Currently, Maine is not a right-to-work state. However, in Maine, you can't be required to join a union, but non-union workers at a union workplace will still have dues charged to them for the services the union provides. In 2013, two bills on these types of laws were voted on by Maine legislators.

Maine employers and employees work under a system called "at-will" employment. This means that you are free to quit your job whenever you want. Your employer is also free to fire you for any reason or no reason at all.

At-Will Employment ?Under Maine law, an at-will employee may be terminated for any reason not specifically prohibited by law. In most instances, you are an at-will employee unless you are covered by a collective bargaining agreement or other contract that limits termination.

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Maine Proposal to ratify an Executive Employment Agreement with copy of agreement