Executive Employment Agreement Sample Contracts

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Executive Employment Agreement

Companies enter into executive employment agreements with executive level hires. These agreements are important to both parties because of the complex compensation structures they require and the high-level authority and power granted to the executive. Major clauses in the agreement include duties, compensation, and termination. For duties, the agreement covers the company’s expectations and the scope of duties, including incentive goals and management responsibilities. Compensation, including salary, bonuses and stock options are outlined. Finally, the agreement covers termination. This includes whether the executive is “at-will” or can only be let go for “good cause,” and how much advance written notice is required for the company’s termination or the employee’s resignation. Although all executive agreements should be carefully reviewed for financial soundness, public companies must be especially careful. With the recent outrage over executive compensation and the resulting securities reform legislation, public companies may have to disclose the terms of the agreement and get non-binding shareholder approval.

Legacy Education Alliance, Inc. – Executive Employment Agreement (October 20th, 2017)

THIS EXECUTIVE EMPLOYMENT AGREEMENT (this "Agreement"), dated as of _______________, 2017, (the "Effective Date") is made and entered by and between Legacy Education Alliance, Inc., a Nevada corporation (the "Company"), and Iain Edwards (the "Executive").

WatchGuard, Inc. – Executive Employment Agreement (October 19th, 2017)

THIS EXECUTIVE EMPLOYMENT AGREEMENT (Agreement) is effective as of October 12, 2017 (the Effective Date) by and between WatchGuard, Inc. (the Company) and Robert Vanman (the Executive). The Company and the Executive shall be referred to herein individually as a Party and collectively as the Parties.

WatchGuard, Inc. – Executive Employment Agreement (October 19th, 2017)

THIS EXECUTIVE EMPLOYMENT AGREEMENT (Agreement) is effective as of October 12, 2017 (the Effective Date) by and between WatchGuard, Inc. (the Company) and David Russell Walker (the Executive). The Company and the Executive shall be referred to herein individually as a Party and collectively as the Parties.

WatchGuard, Inc. – Executive Employment Agreement (October 19th, 2017)

THIS EXECUTIVE EMPLOYMENT AGREEMENT (Agreement) is effective as of October 12, 2017 (the Effective Date) by and between WatchGuard, Inc. (the Company) and Stephen Coffman (the Executive). The Company and the Executive shall be referred to herein individually as a Party and collectively as the Parties.

Citizens Community Bancorp, Inc. – Executive Employment Agreement (October 18th, 2017)

This Executive Employment Agreement (the "Agreement") is entered into October 17, 2017, and is made effective as of October 31, 2017 (the "Effective Date"), by and between Citizens Community Bancorp, Inc., a Maryland corporation, (the "Holding Company") and its wholly-owned subsidiary, Citizens Community Federal, N.A., a national banking association (the "Bank") (collectively, the "Company"), and James S. Broucek ("Executive").

Smartmetric Inc – Executive Employment Agreement (October 13th, 2017)

This Executive Employment Agreement ("Agreement") is made and effective as of July 1, 2017, by and between SmartMetric, Inc. ("Company") and M/s. Chaya Coleena Hendrick ("Executive").

Bandwidth Inc. – Executive Employment Agreement (October 13th, 2017)

This Executive Employment Agreement (Agreement) is made effective as of 10/1/2008 by and between Bandwidth.com, Inc. (Company) and John Murdock (Executive).

Digital Power Corporation – Executive Employment Agreement (October 12th, 2017)

This EXECUTIVE EMPLOYMENT AGREEMENT (this "Agreement") is made and entered into as of the 6th day of October 2017 ("Effective Date"), by and between Digital Power Corporation, a California corporation with an address of 48430 Lakeview Blvd, Fremont, CA 94538-3158 ("Company") and William Horne, an individual residing at [*] ("Executive").

CHROMADEX CORPORATION EXECUTIVE EMPLOYMENT AGREEMENT for KEVIN M. FARR (October 10th, 2017)

This Executive Employment Agreement (this "Agreement") is entered into as of October 5, 2017 (the "Effective Date"), by and between Kevin M. Farr ("Executive") and ChromaDex Corporation, a Delaware corporation (the "Company").

Dolphin Digital Media – Executive Employment Agreement (October 10th, 2017)

This Executive Employment Agreement (the "Agreement") is made and entered into as of March 30, 2017 by and between Allan Mayer (the "Executive") and Dolphin Digital Media, Inc., a Florida corporation (the "Company").

Executive Employment Agreement (October 10th, 2017)

THIS AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT ("Agreement") is entered into this 6th day of October, 2017, by and between Lifeloc Technologies, Inc. (the "Company"), and Wayne Willkomm ("Executive"). Executive and the Company are referred to individually as a "Party" and collectively as the "Parties."

Strategic Gaming Investments – Executive Employment Agreement (October 5th, 2017)

This EXECUTIVE EMPLOYMENT AGREEMENT dated October 02, 2017 (the "Effective Date") is entered by and between Quest Solution, Inc., a company incorporated under the laws of Delaware (the "Company"), and Benjamin Kemper, an individual (the "Executive"), with reference to the following facts:

Executive Employment Agreement (October 4th, 2017)

This EXECUTIVE EMPLOYMENT AGREEMENT (this "Agreement") is made and entered into October 3, 2017 by and between PEAK RESORTS, INC., a Missouri corporation (the "Company") and CHRISTOPHER J. BUB ("Executive").

Riverview Financial Corp – Executive Employment Agreement (October 3rd, 2017)

THIS EMPLOYMENT AGREEMENT (Agreement), effective as of the day of , 2017 (Effective Date), by and among Riverview Financial Corporation (the Corporation), with offices at 3901 N. Front Street, Harrisburg, PA 17110, Riverview Bank (the Bank), with offices at 200 Front Street, PO Box B, Marysville, Pennsylvania, 17053, and Michael J. Bibak, a Pennsylvania resident (hereinafter referred to as Executive).

Armeau Brands Inc. – Armeau Brands Inc. Executive Employment Agreement (October 2nd, 2017)

This EXECUTIVE EMPLOYMENT AGREEMENT (the "Agreement") is made as of September 27, 2017 (the "Effective Date"), between ARMEAU BRANDS INC., a Nevada corporation, (the "Company") and ERDUIS SANABRIA, an individual (the "Executive").

Armeau Brands Inc. – Armeau Brands Inc. Executive Employment Agreement (October 2nd, 2017)

This EXECUTIVE EMPLOYMENT AGREEMENT (the "Agreement") is made as of September 27, 2017 (the "Effective Date"), between ARMEAU BRANDS INC., a Nevada corporation, (the "Company") and ALEXANDER M. SALGADO, an individual (the "Executive").

Acasti Pharma Inc – Executive Employment Agreement (September 29th, 2017)

THIS EXECUTIVE EMPLOYMENT AGREEMENT (the Agreement) is made this 26th day of September 2017 (the Signature Date) between ACASTI PHARMA INC. (the Company) and Dr. Pierre Lemieux (the Executive) (collectively referred to as the Parties)

Acasti Pharma Inc – Executive Employment Agreement (September 29th, 2017)

THIS EXECUTIVE EMPLOYMENT AGREEMENT (the Agreement) is made this 26th day of September 2017 (the Signature Date) between ACASTI PHARMA INC. (the Company) and Laurent Harvey (the Executive) (collectively referred to as the Parties)

Acasti Pharma Inc – Executive Employment Agreement (September 29th, 2017)

THIS EXECUTIVE EMPLOYMENT AGREEMENT (the Agreement) is made this 11th day of May, 2015 (the Signature Date) between ACASTI PHARMA INC. (the Company) and Janelle DAlvise (the Executive) (collectively referred to as the Parties)

Acasti Pharma Inc – Executive Employment Agreement (September 29th, 2017)

THIS EXECUTIVE EMPLOYMENT AGREEMENT (the Agreement) is made this 25th day of November, 2016 (the Signature Date) between ACASTI PHARMA INC. (the Company) and Linda P. O Keefe (the Executive) (collectively referred to as the Parties)

Bright Mountain Acquisition Corp – Executive Employment Agreement (September 25th, 2017)

THIS EXECUTIVE EMPLOYMENT AGREEMENT (this Agreement) is made and entered this 19th day of September, 2017 (the Effective Date) between Bright Mountain Media, Inc., a Florida corporation whose principal place of business is 6400 Congress Avenue, Suite 2050, Boca Raton, FL 33487 (the Corporation) and Harry G. Pagoulatos, an individual whose address is 20 Rena Lane, Bloomfield, NJ 07003(the Executive).

Bright Mountain Acquisition Corp – Executive Employment Agreement (September 25th, 2017)

THIS EXECUTIVE EMPLOYMENT AGREEMENT (this Agreement) is made and entered this 19th day of September, 2017 (the Effective Date) between Bright Mountain Media, Inc., a Florida corporation whose principal place of business is 6400 Congress Avenue, Suite 2050, Boca Raton, FL 33487 (the Corporation) and George G. Rezitis, an individual whose address is 90 West First Street, Clifton, New Jersey 07011 (the Executive).

Cue Biopharma, Inc. – Imagen Biopharma, Inc. Executive Employment Agreement (September 21st, 2017)

This Employment Agreement (the "Agreement") is made and entered into by and between Rodolfo J. Chaparro, an individual, ("Executive") and Imagen Biopharma, Inc., a Delaware corporation (the "Company"), to be effective as of the closing date of a private placement of the Company's securities resulting in gross proceeds of no less than $5,000,000 and occurring no later than June 30, 2015, which may be extended by the Company for an additional ninety (90) days (the "Effective Date").

Cue Biopharma, Inc. – Imagen Biopharma, Inc. Executive Employment Agreement (September 21st, 2017)

This Employment Agreement (the "Agreement") is made and entered into by and between Ronald D. Seidel, an individual, ("Executive") and Imagen Biopharma, Inc., a Delaware corporation (the "Company"), to be effective as of the closing date of a private placement of the Company's securities resulting in gross proceeds of no less than $5,000,000 and occurring no later than June 30, 2015, which may be extended by the Company for an additional ninety (90) days (the "Effective Date").

First Amendment to Executive Employment Agreement (September 19th, 2017)

This First Amendment to Executive Employment Agreement (this Amendment) is entered into and effective as of September 14, 2017 , by and between Dominick C. Colangelo (Executive), and Vericel Corporation, a Michigan corporation (the Company).

Qudian Inc. – Qudian Inc. Form of Executive Employment Agreement (September 18th, 2017)

This Executive Employment Agreement, dated as of , 20 (this Agreement), is executed by and between Qudian Inc., an exempted company with limited liability incorporated and existing under the laws of the Cayman Islands (the Company) and (holding passport of with passport number of /PRC Identification Card No. ) (the Executive).

ADVANCED MEDICAL ISOTOPE Corp – Executive Employment Agreement (September 15th, 2017)

THIS AGREEMENT, entered into the 1st day of September, 2017, between the Advanced Medical Isotope Corporation Board of Directors (herein called the "Company"), and Leonard B. Jolliff, (herein called the "Employee").

ADVANCED MEDICAL ISOTOPE Corp – Executive Employment Agreement (September 15th, 2017)

THIS AGREEMENT, entered into the 1st day of September, 2017, between the Advanced Medical Isotope Corporation Board of Directors (herein called the "Company"), and Dr. Michael K. Korenko, (herein called the "Employee").

Sparton Corporation – Executive Employment Agreement (September 14th, 2017)

THIS AGREEMENT is effective as of the first day of employment which will be agreed upon by both parties ("the Effective Date"), and is made between SPARTON CORPORATION, an Ohio corporation, whose headquarters are located at 425 N. Martingale Road, Suite 1000, Schaumburg, IL 60173 ("Corporation") and Joseph Schneider ("Executive").

Genprex, Inc. – Executive Employment Agreement (September 8th, 2017)

This Executive Employment Agreement (the Agreement) is entered into between Genprex, Inc. (Company) and Ryan Confer (Employee). This Agreement is effective as of the effective date provided below (Effective Date)

Genprex, Inc. – Executive Employment Agreement (September 8th, 2017)

This Executive Employment Agreement (the Agreement) is entered into between Genprex, Inc. (Company) and Rodney Varner (Employee). This Agreement is effective as of the effective date provided below (Effective Date)

Techne Corporation – Executive Employment Agreement (September 7th, 2017)

This Executive Employment Agreement (the "Agreement") is made and entered into between Bio-Techne Corporation, a Minnesota corporation ("Bio-Techne"), and [Executive Officer] ("Employee") (each may be referred to individually as a "Party" and collectively as the "Parties").

DAVIDsTEA Inc. – Executive Employment Agreement (September 7th, 2017)

WHEREAS the Executive is employed by the Corporation as the interim Chief Financial Officer since August 14, 2017 prior to which he was employed by the Corporation as the Chief Accounting Officer;

Adial Pharmaceuticals, L.L.C. – EXECUTIVE EMPLOYMENT AGREEMENT William B. Stilley, III (September 7th, 2017)

This Executive Employment Agreement (this "Agreement") is effective as of December 6, 2010 (the "Effective Date"), between ADial Pharmaceuticals, LLC, a Virginia limited liability company (the "Company"), and William B. Stilley, III ("Executive").

Ross Stores, Inc. – Executive Employment Agreement (September 6th, 2017)

THIS EXECUTIVE EMPLOYMENT AGREEMENT (this "Agreement") is made effective March 16, 2017 (the "Effective Date") by and between Ross Stores, Inc., a Delaware corporation, and Barbara Rentler (the "Executive"). References herein to the "Company" shall mean Ross Stores, Inc. and, where appropriate, Ross Stores, Inc. and each and any of its divisions, affiliates or subsidiaries.