Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / employment-agreement-fr-markup-v2-redline.docx
employment-agreement-fr-markup-v2-redline.docx
Parties
Harkness LLP
Equity Inc
Rowe LLP
Arbor Health Technologies Inc
Delaware General Corp
Dates
November 1, 2022
December 1, 2022
October 31, 2025
Amounts
$575,000
$431,250
$646,875
$250,000
$125,000
$2,150
$1,150,000
$15,000
$75,000
$25,800
Obligations
a national healthcare services and technology company; WHEREAS, the Board of Directors of the Company (the "Board"), including the Compensation Committee thereof (the "Compensation Committee"), has reviewed and approved the terms and conditions of Executive's employment as set forth in this Agreement, and has authorized the Company to enter into this Agreement on the terms set forth herein; WHEREAS, the equity awards described herein shall be governed by the AHT 2020 Equity Incentive Plan (as amended May 2021) (the "Equity Plan") and the applicable award agreements issued thereunder; WHEREAS, this Second Draft incorporates certain revisions agreed upon between the Parties following the initial review and markup of the First Draft by Executive's counsel, Fielding & Rowe LLP, including modifications to the definition of Good Reason, the non-competition period, and certain other terms, as reflected herein; and WHEREAS, as a condition of Executive's employment, Executive shall enter into the Employee Non-Competition Agreement (the "Restrictive Covenant Agreement") concurrently with the execution of this Agreement
1 — Defined Terms As used in this Agreement, the following terms shall have the meanings set forth below
1 shall have the meanings ascribed to them elsewhere in this Agreement
As of the Effective Date, the initial Base Salary shall be Five Hundred Seventy-Five Thousand Dollars ($575,000) per annum
Items (i), (v), and (vi) above shall be subject to the notice and cure provisions set forth in Section 7
Any determination of Disability under this Agreement shall be made in compliance with the Americans with Disabilities Act, as amended, and applicable state law