Executive Employment Agreement Sample Contracts

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.

Pluralsight, Inc. – Executive Employment Agreement (February 21st, 2019)

This Executive Employment Agreement (the "Agreement") is made and entered into effective as of the 15th day of September, 2017 (the "Effective Date"), by and between Pluralsight, LLC (the "Company") and James Budge ("Executive").

Citizens Financial Group Inc/Ri – Executive Employment Agreement (February 21st, 2019)

This EXECUTIVE EMPLOYMENT AGREEMENT (the "Agreement") is made as of September 6, 2014 by and between Citizens Financial Group, Inc. (the "Company") and Malcolm Griggs ("Executive") (certain capitalized terms used herein being defined in Section 16).

Calibrus Inc – Executive Employment Agreement (February 20th, 2019)
Eyenovia, Inc. – Executive Employment Agreement (February 19th, 2019)

THIS EXECUTIVE EMPLOYMENT AGREEMENT (the "Agreement") is made and effective this 15th day of February 2019 (the "Effective Date"), by and between Eyenovia, Inc., a Delaware corporation (the "Company"), and Michael M. Rowe, an individual resident of California ("Executive"). The Company and Executive are herein referred to each as a "Party" and together as the "Parties".

Eyenovia, Inc. – Executive Employment Agreement (February 19th, 2019)

THIS EXECUTIVE EMPLOYMENT AGREEMENT (the "Agreement") is made and effective this 15th day of February 2019 (the "Effective Date"), by and between Eyenovia, Inc., a Delaware corporation (the "Company"), and Jennifer G. Clasby, an individual resident of California ("Executive"). The Company and Executive are herein referred to each as a "Party" and together as the "Parties".

Eyenovia, Inc. – Executive Employment Agreement (February 19th, 2019)

THIS EXECUTIVE EMPLOYMENT AGREEMENT (the "Agreement") is made and effective this 15th day of February 2019 (the "Effective Date"), by and between Eyenovia, Inc., a Delaware corporation (the "Company"), and Tsontcho Ianchulev, an individual resident of New York ("Executive"). The Company and Executive are herein referred to each as a "Party" and together as the "Parties".

Executive Employment Agreement (February 15th, 2019)

This Executive Employment Agreement (the "Agreement") is entered into effective as of January 1, 2019 (the "Effective Date") by and between Entravision Communications Corporation, a Delaware corporation (the "Company"), and Christopher T. Young (the "Executive").

Amendment to Executive Employment Agreement (February 15th, 2019)

This amendment (this "Amendment") to the Executive Employment Agreement dated July 23, 2016 as amended on January 31, 2017 and effective as of January 31, 2017 (the "Employment Agreement"), between Canadian Pacific Railway Company (the "Company") and Keith Creel (the "Executive"), is dated and effective as of January 1, 2019.

Female Health Company (The) – Executive Employment Agreement (February 13th, 2019)

This Employment Agreement (the "Agreement") is made and entered into as of January 2, 2019 (the "Effective Date") by and between Charles T. Todd, Jr., an individual residing at 23 Newport Drive, New Durham, NH 03855 (the "Executive") and Veru Inc., a Wisconsin corporation d/b/a The Female Health Company, with its corporate headquarters at 4400 Biscayne Blvd., Suite 888, Miami FL 33137 (the "Company").

Vringo – Executive Employment Agreement (February 13th, 2019)

This EXECUTIVE EMPLOYMENT AGREEMENT (this "Agreement") is made and entered into, at New York, New York, as of the 11th day of February, 2019 (the "Effective Date"), and is by and between Douglas Satzman, an individual residing at the address listed in the Company's files ("Executive"), and XpresSpa Group, Inc., a Delaware corporation with principal offices located at 780 3rd Avenue, 12th Floor, New York, NY 10017 (the "Company").

Electrameccanica Vehicles Corp. – Executive Employment Agreement (February 8th, 2019)

NOW THEREFORE, in consideration of the above recitals and the representations, warranties, covenants and agreements set forth below in this Agreement, the Company's provision to the Executive of certain Change of Control protections, the sufficiency of which is acknowledged by both parties, the parties agree as follows:

Executive Employment Agreement (February 8th, 2019)

This Executive Employment Agreement ("Agreement") is entered into and effective as of November 19, 2018 ("Effective Date"), by and between Accuray Incorporated, a Delaware corporation (the "Company"), and Shig Hamamatsu ("Executive").

Executive Employment Agreement (February 8th, 2019)

This Executive Employment Agreement ("Agreement") is entered into and effective as of October 17, 2018 ("Effective Date"), by and between Accuray Incorporated, a Delaware corporation (the "Company"), and Jesse Chew ("Executive").

Flexsteel Industries, Inc. – Executive Employment Agreement (February 6th, 2019)

THIS EXECUTIVE EMPLOYMENT AGREEMENT (the "Agreement") is entered into by and between Flexsteel Industries, Inc. (the "Company"), and Jerald K. Dittmer ("Executive") (the Company and Executive, collectively, the "Parties" and each, a "Party") as of the date of Executive's signature below and is effective as of the Executive's start date with the Company, which is anticipated to be December 28, 2018, 12:01 a.m. (the "Effective Date").

Landec Corporation – Executive Employment Agreement (February 5th, 2019)

This Executive Employment Agreement (this "Agreement") is effective as of January 31, 2019 (the "Effective Date"), by and between Landec Corporation (the "Company") and Molly A. Hemmeter (the "Executive").

Seaworld Entertainment Inc. Co – Executive Employment Agreement (February 5th, 2019)

This EMPLOYMENT AGREEMENT (this "Agreement") is made and entered into as of February 4, 2019, by and between SeaWorld Entertainment, Inc., a Delaware corporation (the "Company"), and Gustavo Antorcha (the "Executive").

Landec Corporation – Executive Employment Agreement (February 5th, 2019)

This Executive Employment Agreement (this "Agreement") is effective as of January 31, 2019 (the "Effective Date"), by and between Landec Corporation (the "Company") and Gregory S. Skinner (the "Executive").

Eldorado Resorts, Inc. – Executive Employment Agreement (February 5th, 2019)
Superior Industries International, Inc. – Executive Employment Agreement (February 4th, 2019)
Lifeway Foods, Inc. – Executive Employment Agreement (January 23rd, 2019)

This Agreement is made as of the date last signed below (the "Effective Date") between Lifeway Foods, Inc., an Illinois corporation, and the corporation's present or future parents, subsidiaries, successors, directors, officers, and assigns (collectively referred to as "Lifeway" or the "Company"), and Eric Hanson ("You").

Quality Systems, Inc. – Executive Employment Agreement Addendum (January 23rd, 2019)

This Executive Employment Agreement Addendum ("Agreement") is made and entered into as of January 22, 2019 (the "Effective Date") by and between NextGen Healthcare, Inc., a California corporation ("Company"), and John R. Frantz, an individual ("Executive"), (individually, a "Party" and collectively, the "Parties").

Executive Employment Agreement (January 22nd, 2019)

THIS EXECUTIVE EMPLOYMENT AGREEMENT (the "Agreement"), effective as of January 21, 2019 is made by and between AXOGEN CORPORATION, a Delaware corporation ("AXOGEN" or "Employer"), and Eric Sandberg ("Employee") (collectively, the "Parties").

Executive Employment Agreement (January 18th, 2019)

This Executive Employment Agreement (this Agreement) is entered into by and between Timothy P. Knight (Executive), an individual, and Tribune Publishing Company, LLC (the Company), a Delaware limited liability company. In consideration of the mutual promises and covenants contained herein, and for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Executive and the Company (collectively the Parties and as to each or either, a Party) agree as follows:

REVA Medical, Inc. – Executive Employment Agreement (January 17th, 2019)

This Executive Employment Agreement (this "Agreement") is made effective as of January 4, 2019 (the "Effective Date"), by and between REVA Medical, Inc. (the "Company") and Leigh F. Elkolli (the "Executive").

Spiral Energy Tech., Inc. – Executive Employment Agreement (January 14th, 2019)

This EXECUTIVE EMPLOYMENT AGREEMENT ("Agreement") is made and entered into effective as of the 1st day of December 2018, by and between Exactus, Inc. a Nevada corporation headquartered at 4870 Sadler Road, Suite 300, Glen Allen, VA 23060 ("Company") and Kelley A. Wendt, an individual ("Executive"). As used herein, the "Effective Date" of this Agreement shall mean December 1, 2018.

Cyanotech Corporation – Executive Employment Agreement (January 9th, 2019)

This Executive Employment Agreement (the "Agreement") entered into between Brian Orlopp ("Executive"), and Cyanotech Corporation (the "Company"), will be effective upon execution by both parties of the date signed by Executive and Company below (the "Effective Date").

Executive Employment Agreement (January 8th, 2019)
Porto Holdco B.V. – Executive Employment Agreement (January 4th, 2019)

This EXECUTIVE EMPLOYMENT AGREEMENT (Agreement) is made as of December 28, 2018 (the Agreement Date), with an effective date of January 1, 2019 (the Effective Date), by Playa Management USA, LLC, a Delaware limited liability company with an address at 3950 University Drive, Suite 301, Fairfax, Virginia 22030 (Playa Management), and Kevin Froemming (Executive). Executive and Playa Management are referred to as Parties or Party herein.

Porto Holdco B.V. – Executive Employment Agreement (January 4th, 2019)

This EXECUTIVE EMPLOYMENT AGREEMENT (Agreement) is made as of December 28, 2018 (the Agreement Date), with an effective date of January 1, 2019 (the Effective Date), by Playa Management USA, LLC, a Delaware limited liability company with an address at 3950 University Drive, Suite 301, Fairfax, Virginia 22030 (Playa Management), and Alexander Stadlin (Executive). Executive and Playa Management are referred to as Parties or Party herein.

Porto Holdco B.V. – Executive Employment Agreement (January 4th, 2019)

This EXECUTIVE EMPLOYMENT AGREEMENT (Agreement) is made as of December 28, 2018 (the Agreement Date), with an effective date of January 1, 2019 (the Effective Date), by Playa Resorts Management, LLC, a Delaware limited liability company with an address at 3950 University Drive, Suite 301, Fairfax, Virginia 22030 (Playa Resorts), and Ryan Hymel (Executive). Executive and Playa Resorts are referred to as Parties or Party herein.

USA Mobility, Inc. – Executive Employment Agreement (January 4th, 2019)

This Executive Employment Agreement, dated as of January 3, 2019 (the "Agreement") is made by and between Spok Holdings, Inc., a Delaware corporation (the "Company" or "Spok Holdings") and Vincent D. Kelly (the "Executive").

Poseida Therapeutics, Inc. – Executive Employment Agreement (January 4th, 2019)
Pxre Group – Executive Employment Agreement (January 4th, 2019)
Veritex Holdings, Inc. – Executive Employment Agreement (January 2nd, 2019)

This Employment Agreement (including all Annexes and Exhibits attached hereto, the "Agreement") is entered into among Veritex Community Bank, a Texas corporation, having its principal office at 8214 Westchester Drive, Suite 400, Dallas, TX 75225 ("Veritex Bank"), Veritex Holdings Inc. ("Veritex Holding Co," and together with Veritex Bank, the "Bank"), and Geoffrey D. Greenwade ("Executive"). This Agreement is entered into on July 23, 2018, but shall become effective on the date specified in Section 1.1 hereof.

Veritex Holdings, Inc. – Executive Employment Agreement (January 2nd, 2019)

This Employment Agreement (including all Annexes and Exhibits attached hereto, the "Agreement") is entered into among Veritex Community Bank, a Texas corporation, having its principal office at 8214 Westchester Drive, Suite 400, Dallas, TX 75225 ("Veritex Bank"), Veritex Holdings Inc. ("Veritex Holding Co," and together with Veritex Bank, the "Bank") and Terry S. Earley ("Executive"). This Agreement is entered into on July 23, 2018, but shall become effective on the date specified in Section 1.1 hereof.