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Employment Agreement

 

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Title:

Employment Agreement

Entities:

Mobile Storage Group Inc

Date:

2007

Size:

Preview shows 6KB of 30KB total

Price:

$41

ID:

#3026925

 

 

► Employment ► Employment Agreements

 

 

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EMPLOYMENT AGREEMENT

          This Employment Agreement (this ?Agreement?) is entered into as of July 17, 2007 by and among Ron Halchishak (?Executive?), Mobile Storage Group, Inc., a Delaware corporation (?Company?), and Mobile Services Group, Inc., a Delaware corporation (?Mobile Services?).

          NOW, THEREFORE, in consideration of the agreements and covenants contained herein, Executive, Company and Mobile Services hereby agree as follows:

ARTICLE 1
Employment

          Section 1.1      Position; Term; Condition Precedent; Responsibilities. Company and Mobile Services shall employ Executive as the Vice President of UK Operations for a term commencing on July 17, 2007 (the ?Commencement Date?) and ending on the date that the term of employment is terminated pursuant to Article 3 (the ?Termination Date?). The term of employment as prescribed in this Section 1.1 is hereinafter called the ?Employment Period?. Upon the date of receipt by Executive of a work permit and visas from the government of the United Kingdom that allow Executive to serve as Managing Director of Ravenstock MSG Limited (?Ravenstock?) and work full time in the United Kingdom (the ?Work Permit Effective Date?), the Statement of Particulars of Employment attached hereto as Exhibit A (the ?UK Employment Agreement?) will become effective, Executive will be employed by Ravenstock as its Managing Director subject to the terms and conditions of that certain Statement of Particulars of Employment between Executive and Ravenstock (the ?UK Employment Agreement?) and the payment of Base Salary to Executive, the accrual of vacation days and the receipt by Employee of all employee benefits pursuant to Section 2.3 hereof pursuant to this Agreement shall cease. This Agreement shall remain in effect after the Work Permit Effective Date and will continue until the Termination Date. If Executive ceases to be employed by Ravenstock, the payment of Base Salary to Executive, the accrual of vacation days and the receipt by Employee of all employee benefits pursuant to this Agreement shall resume and continue until the Termination Date.

          Section 1.2      Duties and Responsibilities. Subject to the powers, authorities and responsibilities vested in the Board of Directors of Company and Mobile Services (collectively, the ?Boards?) and in duly constituted committees of the Boards under the Delaware General Corporation Law and the Certificate of Incorporation and Bylaws of Company and Mobile Services, Executive shall have the responsibilities assigned to him by the Boards, including the execution of the business plans. Executive shall report directly to Jerry Vaughn, Executive Vice President - Administration of Mobile Services and Company, or his successor. Executive shall also perform such other executive and administrative duties as Executive may reasonably be expected to be capable of performing on behalf of Company and its subsidiaries, as may from time to time be authorized or requested by the Boards. Executive agrees to be employed by Company in all such capacities for the Employment Period, subject to all the covenants and conditions hereinafter set forth.


          Section 1.3      Faithful Performance. During the Employment Period, Executive shall perform faithfully the duties assigned to him hereunder to the best of his abilities and devote substantially all of his business time and attention to the transaction of the business of Company and its subsidiaries and not engage in any other business activities except with the approval of the Boards. Executive covenants, warrants and represents to Company that he shall: (i) devote his best efforts to the fulfillment of his employment obligations; (ii) exercise the highest degree of loyalty and the highest ethical standards of conduct in the performance of his duties; and (iii) do nothing which Executive knows or should know will harm, in any way, the business or reputation of Company or Mobile Services or any of their subsidiaries.


 

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