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Executive Employment Agreement

Click here for completed sample. Bolded items are examples of completed fields from this form.

Effective Date://
(Select the month, day and year the agreement is effective)
Executive:
(Executive's Name)
Executive's Title:
(Title executive will hold in the company)
Street Address:
(Executive's street address)
City:
State:
(Select a state or Canadian province)
Zip/Postal Code:
Country:
(Select U.S.A. or Canada)
Officer:
(Name of Officer Signing Agreement for Employing Company)
Company:
(Name of Employing Company)
Company Address:
(Company's street address)
City:
State:
(Select a U.S. state or Canadian province)
Zip/Postal Code:
Country:
(Select U.S.A. or Canada)
Duties:
(Please indicate additional specific duties and authorizations in addition to those defined in the company bylaws, if applicable.)
Base Annual Salary:$
(Please indicate the base annual salary in dollar amount.)
Base Annual Salary (spelled):
(Please spell out the base annual salary, e.g., seventy-five thousand dollars.)
Incentive Pay Rate:$ beginning with company's year end at
(Please indicate the incentive salary rate of the adjusted net profits. Then select the first year the incentive salary is in effect.)
Maximum Incentive:$
(Indicate the maximum incentive the executive can get.)
The following are company benefits offered to the executive that may be different than those offered to regular employees.
Paid Holidays:
(Please indicate how many paid holidays the executive gets each year.)
Personal Days:
(Please indicate how many paid personal days the executive gets each year.)
Vacation:
(Please indicate how many paid vacation days the executive gets each year.)
Group Life Insurance:$
(Please indicate how much group life insurance the executive is entitled to at no charge.)
Automobile:$
(Please indicate how much the executive can spend on the purchase of a company automobile, if applicable.)
Start Date://
(Select the month, day and year the initial term of the agreement starts)
Length of Initial Term:   
(Enter a number, then select months or years)
Initial Term Severance Pay:$
(Amount of severance pay the executive gets if terminated during the initial term of the agreement.)
Severance Pay:$
(Amount of severance pay the executive gets if terminated after the initial term of the agreement.)
Governing State/Province:   
(Please select the state or Canadian province and country that govern the laws of this agreement)
Arbitration:
(Indicate where arbitration would take place, if any dispute arises regarding this agreement.)

This is not a substitute for legal advice and it is suggested that an attorney be consulted.