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Example Ceo Employment Agreement

Subject to the terms of this agreement, the duration of employment under this agreement begins on 20 June 2011 and, unless reported earlier in accordance with Sections 7A, 7B, 7C or 10 of this agreement, will continue until 19 June 2014. This agreement is automatically extended for one year on June 19, 2014 and June 19 (renewal date), unless you or the company has provided the other party with a written notification of non-renewal at least one hundred (180) days prior to the renewal date. Employment contracts can benefit both the association and the chairman of the board and are consistent with prudent professional management. The responsibility for the position, the conditions of employment and the performance of the CEO differ from those of other positions and thus justify an employment contract. Additional staff retirement plan – Participation in the 153s complementary retirement plan from the first anniversary of your employment and otherwise in accordance with the terms of the plan and plan documents. They acknowledge that the notice period provided in this contract benefits the company exclusively and does not grant any employment obligations to the company. During this period, the company may decide at its sole discretion: (i) not to contact you to work for the company or to provide services while remaining in the service of the company, or (ii) to terminate your employment during the notice period. After the end of your employment during the notice period, you will only be entitled to pay for the basic salary earned and not paid up to that date, payment for accrued but not used leave (the “leave payment”), all other business expenses earned to you, and all payments or benefits earned to you under the company`s operating benefits plan and compensation plan.153 The basic salary earned but unpaid and the payment of the leave are made within 30 days of the termination of your employment relationship. All insurance, benefits and other agreements made available by the Company will expire on the last day of the month following the termination of your employment relationship (unless otherwise stipulated under the applicable plan or prescribed by law). The following issues should be considered when developing a CEO employment contract. Not all of the agreement decisions described below are appropriate in all situations and some issues not described below may be appropriate in certain circumstances. In the event of a disagreement, complaint or controversy between you and the company regarding a dismissal (including, but not limited to, a right to discrimination on the basis of the employment relationship), it will be settled by an arbitration proceeding in New York, New York, before a single arbitrator, in accordance with the American Arbitration Association`s national dispute settlement rules in force at the time.

, and the arbitrator`s attribution with respect to the termination provided for by this agreement is established in each competent jurisdiction and binds the parties to that decision, with the exception of the derogation that the company may request in the event of a breach of paragraphs 6 to 10 of this agreement.