Sample Employment Agreement Template printable pdf download

EMPLOYMENT AGREEMENT

This Employment Agreement (the “Agreement”) is effective as of January 6, 2004

(the “Effective Date”) by and between John O’Keefe (the “Executive”) and Verdisys, Inc., a

California corporation (the “Company”).

Duties and Scope of Employment.

(a)

Position. For the term of this Agreement, the Company agrees to employ

the Executive in the position of Executive Vice President and Chief Financial Officer (the

“Employment”). The duties and responsibilities of Executive shall include the duties and

responsibilities for the Executive’s corporate office and position as set forth in the

Company’s bylaws and such other duties and responsibilities as the Company’s Chief

Executive Officer and/or Board of Directors may from time to time reasonably assign to

the Executive.

(b)

Obligations to the Company. During his Employment, the Executive

shall devote his full business efforts and time to the Company. During his Employment,

without prior written approval from the Company’s Chief Executive Officer, the

Executive shall not render services in any capacity to any other person or entity and shall

not act as a sole proprietor or partner of any other person or entity or as a shareholder or

other owner owning more than ten percent of the stock or other interests of any other

corporation or entity. This obligation, however, shall not preclude Executive from

engaging in appropriate civic, charitable or religious activities or from devoting a

reasonable amount of time to private investments or from serving on the boards of

directors of companies, including closely held companies which are controlled by

Executive as long as these activities or services do not materially interfere or conflict

with Executive’s responsibilities to, or ability to perform his duties of employment by,

the Company under this Agreement. The Executive shall comply with the Company’s

policies and rules as they may be in effect from time to time during his Employment.

(c)

No Conflicting Obligations. The Executive represents and warrants to

the Company that he is under no obligations or commitments, whether contractual or

otherwise, that are inconsistent with his obligations under this Agreement. The Executive

represents and warrants that he will not use or disclose, in connection with his

employment by the Company, any trade secrets or other proprietary information or

intellectual property in which the Executive or any other person has any right, title or

interest and that his employment by the Company as contemplated by this Agreement

will not infringe or violate the rights of any other person. The Executive represents and

warrants to the Company that he has returned all property and confidential information

belonging to any prior employer.

Sample Employment Agreement Template