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Employment Contract

 

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Title:

Employment Contract

Entities:

CompleTel Europe NV

Date:

2002

Size:

Preview shows 5KB of 30KB total

Price:

$37

ID:

#341367

 

 

► Employment ► Employment Agreements
► Services ► Communications Services

 

 

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                              EMPLOYMENT CONTRACT

------------------------------------------------------------------------------



BETWEEN:

Completel SAS, a French societe par actions simplifiee with capital
of 51,358,920 (euro), registered with the Registry of Commerce and Companies
of Nanterre under the number 418 299 699, with its registered office located
at Tour Egee, 9-11 allee de l'Arche, 92671 Courbevoie Cedex, represented by
Mr. Jehan Coquebert de Neuville, acting as CEO of the Company,

hereinafter referred to as the "Company",

ON THE ONE HAND,

AND:

Mr. Jerome de Vitry, residing at 21 boulevard Flandrin, 75116 Paris. Social
Security number 1 61 05 34 172 238 37,

hereinafter referred to as "Mr. de Vitry",

ON THE OTHER HAND,

hereinafter collectively referred to as "the Parties",


NOW, THEREFORE, THE PARTIES HERETO AGREE AS FOLLOWS:


ARTICLE 1 - ENGAGEMENT

The Company engages Mr. de Vitry as of June 1, 2002, as Managing Director
(Directeur General), an executive position, according to the terms and
conditions set forth below, subject to the results of a medical examination.


ARTICLE 2 - DURATION OF CONTRACT, PRIOR CONTRACTS

The present contract is entered into for an unspecified period of time.

The seniority of Mr. de Vitry acquired within the group to which the Company
belongs since December 22, 1998 is carried over and incorporated in the
present contract.

The present contract replaces and cancels all previous contracts and
amendments concluded between Mr. de Vitry and the Company or other companies
in France of the group to which the Company belongs. Consequently, only this
contract and its eventual amendments are valid and effective between the
Parties.


ARTICLE 3 - FUNCTIONS

As Managing Director, Mr. de Vitry will be responsible for accomplishing, in
particular, the following functions:

- Proposal to the Company's directors (his "Superiors") of the
definition and the orientation of the policy of development of the
operations of the Company at the European level, and especially in
France; implement this policy within the strict framework of the
approval given by his Superiors on the proposals thus formulated, and
of any instructions given at any and all times;

- Control and supervision of the activity of the central functional
departments related to operations and, in particular, the financial,
legal, HR, data processing, engineering and purchasing departments,
the directors of which will report to Mr. de Vitry, who will in turn
report to his Superiors;

- Follow-up of the execution of the commercial and financial objectives
of the Company in terms of operations, as defined by his Superiors.

The duties entrusted to Mr. de Vitry have, by nature, of an evolving character
in accordance with, on the one hand, the requirements of the Company to adapt
to its needs and, on the other hand, with the development of the career of Mr.
de Vitry.

These duties will be exercised by Mr. de Vitry under the authority and within
the framework of the instructions given by his Superiors, currently Mr. Jehan
Coquebert de Neuville, in his capacity as CEO of the Company or any other
person designated by the Company for this purpose, at any time.

Mr. de Vitry will provide precise reports on his activities to his Superiors,
in particular on a monthly basis. Mr. de Vitry must act with respect and
within the limits of the instructions and directives given to him by his
Superiors.


ARTICLE 4 - PLACE OF WORK

Mr. de Vitry will exercise his functions principally at the headquarters of
the Company, currently located in Courbevoie.

It is however expressly agreed that Mr. de Vitry's duties may require many
business trips both in France and abroad. He will be reimbursed for any travel
expenses so incurred in accordance with the provisions of Article 9.2 of this
contract.

It is expressly recognized and accepted by Mr. de Vitry that the Company can
relocate the principal center of Mr. de Vitry's activities, without
considering such a move as constituting a substantial modification of his
employment contract and without the right to any indemnity, with the exception

 

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