Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / term-sheet-v4-post-july-8.docx
term-sheet-v4-post-july-8.docx
Parties
CEO EMPLOYMENT AGREEMENT Inc
Harkness LLP
Northgate Telecommunications PLC
Liddell LLP
Moorfield Bates LLP
Annual Inc
Long-Term Inc
Omnibus Inc
Dates
July 8, 2024
July 10, 2024
June 14, 2024
June 21, 2024
June 28, 2024
March 1, 2021
October 1, 2024
November 1, 2024
September 30, 2029
October 31, 2029
Amounts
$1,750,000
$3,062,500
$5,250,000
$9,000,000
$11,125,000
$1,400,000
$2,100,000
$7,625,000
$2,687,500
$5,000,000
Obligations
Nothing in this term sheet shall be deemed to constitute a binding obligation of either party, and any definitive arrangement shall be subject to the conditions set forth at the conclusion of this term sheet
1 Employer The employer under the primary US employment agreement shall be Northgate Telecommunications US, Inc
except where the context requires reference to a specific entity, in which case the applicable entity shall be identified
1 Title Executive shall serve as Chief Executive Officer of Northgate Telecommunications PLC and as President and Chief Executive Officer of Northgate Telecommunications US, Inc
Executive shall hold both titles concurrently throughout the term of employment
2 Reporting Executive shall report directly and exclusively to the Board of Directors of Northgate Telecommunications PLC (the "Board")