Preview | Employment Agreement |

Document Preview

Employment Agreement

Click "Add to Cart" button to purchase document.
Documents are emailed immediately after purchase.
You can also browse documents by title, category, or company... or click here for help finding documents.

Title:

Employment Agreement

Entities:

Metromedia International Group Inc.

Date:

2004

Size:

Preview shows 11KB of 36KB total

Price:

$38

ID:

#413692

► Employment ► Employment Agreements
► Services ► Communications Services

Start of Preview

DATED as of January 1, 2003

EMPLOYMENT AGREEMENT

METROMEDIA INTERNATIONAL
TELECOMMUNICATIONS, INC.
AND
NATALIA ALEXEEVA

DATED AS OF January 1, 2003

PARTIES

(1): METROMEDIA INTERNATIONAL TELECOMMUNICATIONS, INC., a Delaware corporation with its principal business address at 505 Park Avenue, 21st Floor, New York, NY 10022 (the "Company"); and
(2): NATALIA ALEXEEVA of 31 Pierrepont Street, Apt. 2A, Brooklyn, New York, 11201 (the "Employee").

INTRODUCTION

WHEREAS, the Company and the Employee are parties to an Employment Agreement, dated as of June 29, 2000 (the "2000 Employment Agreement");

WHEREAS, the Company and Employee desire to amend certain of the terms contained in the 2000 Employment Agreement and to continue to provide for the Company's employment of the Employee as the Company's Vice President and Assistant General Counsel from and after the effective date of this Agreement;

WHEREAS, the Employee desires to be employed by the Company from and after the effective date hereof on the terms and conditions herein provided; and

NOW THEREFORE, in consideration of the foregoing and of the respective covenants and agreements of the parties herein contained, the parties hereto agree as follows:

INTERPRETATION

(1): In this Agreement, unless the context otherwise requires, the following terms shall have the meanings set out below:

the Appointment		the employment of the Employee pursuant to this Agreement;
the Board		the board of directors of the Company for the time being (including any committee of the Board) or MIG, as the case may be;

Change of Control		shall mean the occurence of any of the following events (1) the acquisition of 30% or more of the voting securities of the Company or those of MIG by any person or persons (together with all affiliates as defined in the Securities Exchange Act of 1934, as amended, of such person or persons), whether by tender or exchange offer or otherwise, (2) a proxy contest for the election of directors of MIG, (3) any merger, consolidation of the Company or MIG with or into another company, (4) any sale, transfer or other disposition of all or substantially all of the shares, assets or business of the Company or MIG in one transaction or a series of related transactions to one of more persons or entities, (5) the dissolution or liquidation of the Company or MIG, (6) the persons constituting the majority of the Board of the Company or the Board of Directors of MIG as of January 1, 2003, cease for any reason to constitute at least a majority of the Board then in office, (7) the occurrence of an Event of Default under the Indenture, dated September 30, 1999, governing MIG's outstanding 10¹/2% Senior Discount Notes Due 2007 (the term "Event of Default" as used herein shall have the meaning ascribed to it in the said Indenture) or (8) significant reorganization of the Company or MIG occurs, such as a spin-off, sale of assets of a business or other restructuring, and as a result, the duties and responsibilities of the Employee are materially reduced.
the Commencement Date		January 1, 2003;
Documents		documents, disks, memory, notebooks, tapes or any other medium, whether or not eye-readable, on which information may from time to time be recorded;
Group Company		the Company and any company which directly or indirectly controls, is controlled by, or is under common control with the Company, including without limitation, Metromedia International Group, Inc., PLD Telekom Inc. and any of their respective affiliates or subsidiaries;
Home Country		United States;
Key Employee		any individual who is (or was in the 12 months period prior to the Termination Date) employed in either (a) an executive or management capacity; or
		(b) a capacity in which he or she has access to or obtained Confidential Information, but (for the avoidance of doubt) not including any employee whose duties are purely administrative or clerical or who is employed in a support capacity;
MIG		Metromedia International, Group, Inc., the sole shareholder in the Company

Permitted Interest		an interest in (i) any class of shares or other securities of any company which are traded on a recognized stock exchange which amounts to not more than five percent of such class of issued shares or securities or (ii) any regulated mutual fund or authorized unit trust;
Place of Employment		shall have the meaning given in Section 1.2;
Pre-Termination Period		the period of six months immediately preceding the Termination Date;
Supervisor		the General Counsel of the Company;
Termination Date		the date of termination or expiration of the Appointment howsoever occurring.

(2): The expressions "subsidiary" and "affiliate" have the meanings given to them under the law of the State of New York.
(3): References to any legislation are to be construed as referring also to any enactment or re-enactment thereof (whether before or after the date hereof), and to any previous enactment which such enactment has replaced (with or without amendment provided that the amendment does not change the law as at the date hereof) and to any regulation or order made thereunder.

OPERATIVE PROVISIONS

1

Title, Job Description, etc.

1.1

The Company shall employ the Employee and the Employee shall serve the Company as its Assistant General Counsel.

End of Preview

Home Intelligence Services Subscriptions News About Us