|
|
|
|
Document Preview Employment Agreement |
||||
|
|
||||
|
Click "Add to Cart" button to purchase document. |
||||
|
|
||||
|
Title: |
Employment Agreement |
|||
|
Entities: |
||||
|
Date: |
2005 |
|||
|
Size: |
Preview shows 4KB of 16KB total |
|||
|
Price: |
$30 |
|||
|
ID: |
#973977 |
|||
|
|
||||
|
||||
|
|
||||
|
Start of Preview |
||||
EMPLOYMENT AGREEMENT
THIS EMPLOYMENT AGREEMENT (the "Agreement") made by and between
FIRST CITIZENS BANC CORP, an Ohio corporation ("FCBC") and JAMES E. MCGOOKEY
(the "Employee"), WITNESSETH THAT:
WHEREAS, FCBC has been organized as a financial holding company and
has various subsidiaries that provide financial and non-financial products and
services (FCBC and all entities that are subsidiaries of FCBC, including those
subsidiaries created in the future, are collectively referred to as the
"Companies" and may be separately referred to as the Company.); and
WHEREAS, FCBC will retain the Employee to provide legal and
managerial services on behalf of the Companies; and
WHEREAS, the Employee desires to accept employment with FCBC upon
the terms and conditions described herein.
NOW, THEREFORE, in consideration of the premises and the mutual
covenants and conditions contained herein, the parties agree as follows:
1. EMPLOYMENT AND TERM. FCBC hereby agrees to retain the Employee,
and the Employee hereby accepts employment, based upon the terms and conditions
set forth in this Agreement. This Agreement shall commence on a date to be
designated by the Employee (the "Commencement Date"), which date shall not be
later than January 1, 2003, and shall continue for a period of five (5) years
after the Commencement Date, or until otherwise terminated in accordance with
its provisions (the "Term").
<PAGE>
2. DUTIES. During the Term, the Employee shall be employed as a
senior vice president and the general counsel of FCBC. The Employee may, at the
sole option of FCBC, be named to similar offices at any or all of the other
Companies. The Employee's duties shall include direct day-to-day oversight of
the legal affairs of the Companies and such other duties consistent therewith,
as may, from time to time, be assigned by FCBC or its appropriate corporate
officers. The Employee will provide the general corporate, contractual and other
general legal services needed by the Companies; provided, however, that the
parties anticipate that (a) collection matters and other litigation, (b) matters
that exceed the qualifications or experience of the Employee, and (c) matters
that exceed the time reasonably available to the Employee will be referred to
other legal counsel. The Employee will also participate in the management of the
Companies in the specific respects requested, from time to time, by FCBC or its
appropriate corporate officers. The Employee will devote his full professional
working time to the business of the Companies; provided that he shall have a
reasonable opportunity to conclude such legal matters as he has previously
accepted but has been unable to finish by the Commencement Date. The Employee
shall use his best efforts to perform any work needed to finish such matters
outside of FCBC's normal working hours.
3. COMPENSATION. During the Term, in consideration of the Employee's
performance of his duties and obligations, FCBC shall provide the Employee with
the compensation described herein. The Employee's compensation shall be subject
to and reduced by any applicable withholding, social security or other taxes and
|
End of Preview |
Home Intelligence Services Subscriptions News About Us