CEO Employment Agreement (Pro Employer)

$25.00
This is a form of CEO Employment Agreement. The form tends to be pro-employer oriented. This form is to be used when the company desires to enter into a longer term agreement with the employee or the employee wishes to have certain job security.

Format: word_icon Microsoft Word

CEO EMPLOYMENT AGREEMENT


This CEO EMPLOYMENT AGREEMENT is entered into by and between ______________________________, a ____________________ corporation (the "Company"), and ____________________, the undersigned individual ("Executive").

RECITAL

The Company and Executive desire to enter into an Employment Agreement setting forth the terms and conditions of Executive's employment with the Company.

AGREEMENT

NOW, THEREFORE, in consideration of the mutual covenants and agreements hereinafter set forth, the Company and Executive agree as follows:

1. Employment.

(a) Term. The Company hereby employs Executive to serve as Chief Executive Officer of the Company and to serve in such additional or different position or positions as the Company may determine in its sole discretion. The term of employment shall be for a period of __________ (__) years ("Employment Period") to commence on the date hereof, unless earlier terminated as set forth herein.

(b) Duties and Responsibilities. Executive will be reporting to the Company's Board of Directors. Within the limitations established by the Bylaws of the Company, the Executive shall have each and all of the duties and responsibilities of that position and such other or different duties on behalf of the Company, as may be assigned from time to time by the Company's Board.

(c) Location. The initial principal location at which Executive shall perform services for the Company shall be ____________________.

2. Compensation.

(a) Base Salary. Executive shall be paid a base salary ("Base Salary") at the annual rate of $__________, payable in bi-weekly installments consistent with Company's payroll practices. The annual Base Salary shall be reviewed on or before [January 1] of each year, unless Executive's employment hereunder shall have been terminated earlier pursuant to this Agreement, starting on ____________________ by the Board of Directors of the Company to determine if such Base Salary should be increased for the following year in recognition of services to the Company.

(b) Payment. Payment of all compensation to Executive hereunder shall be made in accordance with the relevant Company policies in effect from time to time, including normal payroll practices, and shall be subject to all applicable employment and withholding taxes.

(c) Bonus. Executive shall also be entitled to a bonus determined as follows....

This is only a partial view of this document.
CEO Employment Agreement (Pro Employer) is just $25.00 and can be immediately downloaded after purchase.