{{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.
| Signature | Date | |
|---|---|---|
| Employee: {{employee_name}} | ____________________ | {{date}} |
| Manager: {{manager_name}} | ____________________ | {{date}} |
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