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Executive Employment Agreement

Senior executive employment terms with extended provisions.

Updated 16d ago
executivecontractsenior

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Agreement

This Agreement is entered into on {{date}} between {{company_name}} ("Company") and {{employee_name}} ("Employee").

The Company desires to employ the Executive in a senior leadership capacity, and the Executive desires to accept such employment on the terms set forth.

1. Position and Duties

The Executive shall serve as {{job_title}} reporting to the CEO/Board.

2. Term

Initial term of three (3) years, automatically renewing for one-year periods unless either party gives 90 days' notice.

3. Compensation

Annual base salary of {{salary}}, payable per the Company's normal payroll cycle.

4. Bonus and Equity

Eligible for annual performance bonus up to 50% of base salary and equity grants per Board approval.

5. Benefits

Eligible for all standard executive benefits, including health, retirement, and paid time off.

6. Confidentiality

Executive shall protect Company confidential information during and after employment.

7. Non-Compete

For 12 months following separation, Executive shall not engage in directly competing business in the defined market.

8. Termination

Either party may terminate with 90 days' notice; severance payable per the Company's executive severance policy.

9. Governing Law

This Agreement is governed by the laws of ______.

Signatures

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

SignatureDate
Employee: {{employee_name}}____________________{{date}}
Manager: {{manager_name}}____________________{{date}}

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