{"id":39387,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/employment-agreement-navigant-international-inc-and-neville.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"employment-agreement-navigant-international-inc-and-neville","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/compensation\/employment-agreement-navigant-international-inc-and-neville.html","title":{"rendered":"Employment Agreement &#8211; Navigant International Inc. and Neville Teagarden"},"content":{"rendered":"<pre>                             EMPLOYMENT AGREEMENT\n\n\n     THIS EMPLOYMENT AGREEMENT, dated as of this  23rd  day of December, 1998,,\nto be effective January 6, 1999, is by and between Navigant International, Inc.,\na Delaware corporation (the 'Company'), and Neville Teagarden ('Employee').\n\n                                   RECITALS\n\n     The Company desires to employ Employee and to have the benefit of his \nskills and services, and Employee desires to obtain employment with the Company,\non the terms and conditions set forth herein.\n\n     NOW, THEREFORE, in consideration of the mutual promises, terms, covenants\nand conditions set forth herein, and the performance of each, the parties\nhereto, intending legally to be bound, hereby agree as follows:\n\n                                  AGREEMENTS\n\n     1.  Employment; Term.  The Company hereby employs Employee to perform the\nduties described herein, and Employee hereby accepts employment with the\nCompany, for a term beginning on the effective date hereof and continuing for a\nperiod of two (2) years (the 'Initial Term'). The term of this Agreement may be\nextended beyond the Initial Term for one additional successive one-year term at\nthe option of the Company. If the Company intends to extend the term for an\nadditional one-year period, it shall notify Employee no less than 60 days prior\nto the end of the Initial Term. The Initial Term, together with any renewal\nperiods shall be referred to in this Agreement as the 'Term.' In addition to\ntermination in the event of a decision of nonrenewal by the Company, this\nAgreement may be terminated prior to the end of the Term in the manner provided\nfor in Section 6 below.\n\n     2.  Position and Duties.  The Company hereby employs Employee as Vice\nPresident of Information Systems. As such, Employee shall have responsibilities,\nduties and authority reasonably accorded to and expected of an officer of the\nCompany or as additionally specified by the Chief Executive Officer (the 'CEO')\nof the Company. Employee will report directly to the CEO of the Company, or as\notherwise directed by the CEO. Employee hereby accepts this employment upon the\nterms and conditions herein contained and agrees to devote all of his\nprofessional time, attention, and efforts to promote and further the business of\nthe Company. Employee shall faithfully adhere to, execute, and fulfill all\nlawful policies established by the Company.\n\n     3.  Compensation.  For all services rendered by Employee, the Company shall\ncompensate Employee as follows:\n\n\n\n \n          (a)  Base Salary.  Effective on the date hereof, the base salary\npayable to Employee shall be $150,000.00 per year, payable on a regular basis in\naccordance with the Company's standard payroll procedures, but not less than\nmonthly.  On at least an annual basis, the Board will review Employee's\nperformance and may make increases to such base salary if, in its sole\ndiscretion, any such increase is warranted.  The Company will also review the\nEmployee's base salary upon the promotion of the Employee to Chief Information\nOfficer, as described in paragraph 3(d) below.\n\n          (b)  Perquisites, Benefits, and Other Compensation.  During the Term,\nEmployee shall be entitled to receive all perquisites and benefits as are\ncustomarily provided by the Company to its officers, subject to such changes,\nadditions or deletions as the Company may make generally from time to time, as\nwell as such other perquisites or benefits as may be specified from time to time\nby the Board.  Without limiting the foregoing, the Employee shall be allowed to\ntake up to  twenty (20) paid vacation days per year and five (5) paid sick days\nper year.  In addition, the Employee will be eligible for an award of 25,000\noptions to purchase the Company's common stock under the Company's 1998 Stock\nIncentive Plan.\n\n          (c)  Bonuses.  The Employee shall be paid a $20,000.00 signing bonus\nupon his first day of work.  Upon the first anniversary of the his employment,\nthe Employee shall be eligible for a guaranteed minimum merit-based bonus of\nfifteen percent (15%) of his base salary, and an additional discretionary,\nmerit-based bonus of thirty-five percent (35%)  of his base salary.  For the\nbalance of the Initial Term, and any renewal terms, the employee shall  be\neligible for performance or other bonuses generally offered to officers of the\nCompany.\n\n          (d)  Promotion to Chief Information Officer.  The Company will promote\nthe Employee to Chief Information Officer upon the Employee's successful\ncompletion of all the following:\n\n          1)  Development of an IT business plan for the company, including an \n              analysis of the Company's and its subsidiaries' (the 'Combined\n              Companies') current status (including a report on the strengths\n              and weaknesses in the Combined Companies' IT infrastructure and\n              systems), an examination and discussion of relevant industry\n              trends, and formulation of an information technology plan for the\n              Combined Companies. The IT business plan will be complete no later\n              than 120 days after the Employee begins employment.\n\n          2)  Substantial completion of the integration\/consolidation of the\n              accounting and reporting functions of the Combined Companies by\n              12\/31\/99.\n\n          3)  Substantial completion of the deployment of a secure data\n              communications network for the Combined Companies by 12\/31\/99.\n\n     The determination whether each of the foregoing has been successfully\ncompleted shall be made by the Company's Chief Financial Officer and its\nExecutive Vice President of Marketing and\n\n\n \nTechnology. Upon the successful completion of the IT business plan described in\nparagraph 3(d)(1), the Employee will eligible for an additional bonus of\n$10,000.00.\n\n     4.  Expense Reimbursement.  The Company shall reimburse Employee for (or,\nat the Company's option, pay) all business travel and other out-of-pocket\nexpenses reasonably incurred by an officer of the Company in the performance of\nhis services hereunder during the Term.  All reimbursable expenses shall be\nappropriately documented in reasonable detail by Employee upon submission of any\nrequest for reimbursement, and in a format and manner consistent with the\nCompany's expense reporting policy, as well as applicable federal and state tax\nrecord keeping requirements.\n\n     5.  Place of Performance.  Employee understands that he may be requested by\nthe Company to relocate from his present residence to another geographic\nlocation in order to more efficiently carry out his duties and responsibilities\nunder this Agreement or as part of a promotion or a change in duties and\nresponsibilities.  In such event, if Employee agrees to relocate, the Company\nwill provide Employee with a relocation allowance, in an amount determined by\nthe Company, to assist Employee in covering the costs of moving himself, his\nimmediate family, and their personal property and effects.  The total amount and\ntypes of costs to be covered shall be determined by the Company, in light of\nprevailing Company policy for officers of the Company at the time.\n\n     6.  Termination: Rights on Termination.  Employee's employment may be\nterminated in any one of the following ways, prior to the expiration of the\nTerm:\n\n          (a)  Death.  The death of Employee shall immediately terminate the\nTerm, and no severance compensation shall be owed to Employee's estate.\n\n          (b)  Disability.  If, as a result of incapacity due to physical or\nmental illness or injury, Employee shall have been unable to perform the\nmaterial duties of his position on a full-time basis for a period of four (4)\nconsecutive months, or for a total of four (4) months in any six (6) month\nperiod, then thirty (30) days after written notice to the Employee (which notice\nmay be given before or after the end of the aforementioned periods, but which\nshall not be effective earlier than the last day of the applicable period), the\nCompany may terminate Employee's employment hereunder if Employee is unable to\nresume his full-time duties at the conclusion of such notice period. Subject to\nSection 6(f) below, if Employee's employment is terminated as a result of\nEmployee's disability, the Company shall continue to pay Employee his base\nsalary at the then-current rate for the lesser of (i) three (3) months from the\neffective date of termination, or (ii) whatever time period is remaining under\nthe then-current period of the Term (without regard ot renewals thereof).  Such\npayments shall be made in accordance with the Company's regular payroll cycle.\n\n          (c)  Termination by the Company 'For Cause.'  The Company may \nterminate the Term promptly after written notice to Employee 'for cause,' which\nshall be: (i) Employee's material breach of this Agreement, which breach is not\ncured within fifteen (15) days of receipt by Employee of written notice from the\nCompany specifying the breach; (ii) Employee's gross negligence in the\n\n                                       3\n\n \nperformance of his duties hereunder, intentional nonperformance or\nmisperformance of such duties, or refusal to abide by or comply with the\ndirectives of the Board, his superior officers, or the Company's policies and\nprocedures, which actions continue for a period of at least ten (10) days after\nreceipt by Employee of written notice of the need to cure or cease; (iii)\nEmployee's willful dishonesty, fraud, or misconduct with respect to the business\nor affairs of the Company, and that in the judgment of the Company materially\nand adversely affects the operations or reputation of the Company; (iv)\nEmployee's conviction of a felony or other crime involving moral turpitude; or\n(v) Employee's abuse of alcohol or drugs (legal or illegal) that, in the\nCompany's judgment, materially impairs Employee's ability to perform his duties\nhereunder. In the event of termination 'for cause,' as enumerated above,\nEmployee shall have no right to any severance compensation.\n\n          (d)  Without Cause.  At any time after the commencement of employment,\nthe Company may, without cause, terminate the Term and Employee's employment,\neffective thirty (30) days after written notice is provided to the Employee.\nShould Employee be terminated by the Company without cause, subject to Section\n6(f) below, Employee shall receive from the Company the base salary at the rate\nthen in effect for the longer of (i) three (3) months from the date of\ntermination, or (ii) whatever time period is remaining under the then-current\nperiod of the Term (without regard to renewals thereof). Such payments shall be\nmade in accordance with the Company's regular payroll cycle. In addition,\noptions to purchase the Company's common stock issued under paragraph 3(b)\nabove, shall become fully vested upon a termination by the Company without\ncause. (Solely for purposes of determining the vesting of such options, the\ndecision of the Company not to renew this agreement under paragraph 1 shall be\ndeemed a termination by the Company without cause.) If Employee resigns or\notherwise terminates his employment for any reason or for no reason, Employee\nshall receive no severance compensation.\n\n          (e)  Payment Through Termination.  Upon termination of Employee's\nemployment for any reason provided above, Employee shall be entitled to receive\nall compensation earned and all benefits and reimbursements (including payments\nfor accrued vacation and sick leave, in each case in accordance with applicable\npolicies of the Company) due through the effective date of termination.\nAdditional compensation subsequent to termination, if any, will be due and\npayable to Employee only to the extent and in the manner expressly provided\nabove in this Section 6.  All other rights and obligations of the Company, and\nEmployee under this Agreement shall cease as of the effective date of\ntermination, except that the obligations under Sections 7, 8, 9 and 10 below\nshall survive such termination in accordance with their terms.\n\n          (f)  Right to Offset.  In the event of any termination of Employee's\nemployment under this Agreement, the Employee shall have no obligation to seek\nother employment; provided, that in the event that Employee secures employment\nor any consulting or similar arrangement during the period that any payment is\ncontinuing pursuant to the provisions of this Section 6, the Company shall have\nthe right to reduce the amounts to be paid hereunder by the amount of Employee's\nearnings from such other employment.\n\n                                       4\n\n \n     7.  Restriction on Competition.\n\n          (a)  Unless otherwise agreed to in writing by the Company, during the\nTerm, and thereafter, if Employee continues to be employed by the Company and\/or\nany other entity owned by or affiliated with the Company on an 'at will' basis,\nfor the duration of such period, and thereafter for a period equal to the longer\nof (x) two years, or (y) the period during which Employee is receiving any\nseverance pay from the Company, Employee shall not, directly or indirectly, for\nhimself or on behalf of or in conjunction with any other person, company,\npartnership, corporation, business, group, or other entity (each, a 'Person'):\n\n               (i)    engage, as an officer, director, shareholder, owner, \npartner, joint venturer, or in a managerial capacity, whether as an employee,\nindependent contractor, consultant, advisor, or sales representative, in any\nbusiness selling any products or services in direct competition with the\nCompany's travel business, including the development, manufacture, marketing and\ntransfer, whether by sale or license, of software exclusively for use in travel\nbusinesses (collectively, the 'Travel Business'), within 100 miles of any\nlocation where the Company conducts the Travel Business (the 'Territory');\n\n               (ii)   call upon any Person who is, at that time, a managerial or\ninformation systems employee of the Company for the purpose or with the intent\nof enticing such employee away from or out of the employ of the Company; or\n\n               (iii)  call upon any Person who is or that is, at that time, or \nhas been, within one year prior to that time, a customer of the Travel Business\nwithin the Territory for the purpose of soliciting or selling information system\nproducts or information system services related to the provision of travel\nbookings or reservations in direct competition with the Travel Business within\nthe Territory.\n\n          (b)  In the event the Employee's employment is terminated without \ncause by the Company, the foregoing covenants shall apply only during the period\nin which the Employee is receiving severance pay from the Company.\n\n          (c)  The foregoing covenants shall not be deemed to prohibit Employee\nfrom acquiring as an investment not more than one (1%) percent of the capital\nstock of a competing business, whose stock is traded on a national securities\nexchange or through the automated quotation system of a registered securities\nassociation.\n\n          (d)  It is further agreed that, in the event that Employee shall cease\nto be employed by the Company and enters into a business or pursues other\nactivities that, at such time, are not in competition with the Travel Business,\nEmployee shall not be chargeable with a violation of this Section 7 if the\nCompany subsequently enters the same (or a similar) competitive business or\nactivity or commences competitive operations within 100 miles of the Employee's\nnew business or activities.  In addition, if Employee has no actual knowledge\nthat his actions violate the terms of this Section 7, Employee shall not be\ndeemed to have breached the restrictive covenants contained \n\n\n                                       5\n\n \nherein if, promptly after being notified by the Company of such breach, Employee\nceases the prohibited actions.\n\n          (e)  For purposes of this Section 7, references to 'the Company' shall\nmean Navigant International, Inc., together with its subsidiaries and\naffiliates.\n\n          (f)  The covenants in this Section 7 are severable and separate, and\nthe unenforceability of any specific covenant shall not affect the provisions of\nany other covenant.  If any provision of this Section 7 relating to the time\nperiod or geographic area of the restrictive covenants shall be declared by a\ncourt of competent jurisdiction to exceed the maximum time period or geographic\narea, as applicable, that such court deems reasonable and enforceable, said time\nperiod or geographic area shall be deemed to be, and thereafter shall become,\nthe maximum time period or largest geographic area that such court deems\nreasonable and enforceable and this Agreement shall automatically be considered\nto have been amended and revised to reflect such determination.\n\n          (g)  If the time period specified by this Section 7 shall be reduced \nby law or court decision, then, notwithstanding the provisions of Section 6\nabove, Employee shall be entitled to receive from the Company his base salary at\nthe rate then in effect solely for the longer of (i) the time period during\nwhich the provisions of this Section 7 shall be enforceable under the provisions\nof such applicable law, or (ii) the time period during which Employee is not\nengaging in any competitive activity, but in no event longer than the applicable\nperiod provided in Section 6 above.\n\n          (h)  All of the covenants in this Section 7 shall be construed as an\nagreement independent of any other provision in this Agreement, and the\nexistence of any claim or cause of action of Employee against the Company,\nwhether predicated on this Agreement or otherwise, shall not constitute a\ndefense to the enforcement by the Company of such covenants; provided, however,\nthat upon the failure of the Company to make any payments required under this\nAgreement, the Employee may, upon thirty (30) days' prior written notice to the\nCompany, waive his right to receive any additional compensation pursuant to this\nAgreement and engage in any activity prohibited by the covenants of this Section\n7.  It is specifically agreed that the period of two (2) years stated at the\nbeginning of this Section 7, during which the agreements and covenants of\nEmployee made in this Section 7 shall be effective, shall be computed by\nexcluding from such computation any time during which Employee is in violation\nof any provision of this Section 7.\n\n          (i)  Employee has carefully read and considered the provisions of this\nSection 7 and, having done so, agrees that the restrictive covenants in this\nSection 7 impose a fair and reasonable restraint on Employee and are reasonably\nrequired to protect the interests of the Company, and their respective officers,\ndirectors, employees and stockholders.  It is further agreed that the Company\nand Employee intend that such covenants be construed and enforced in accordance\nwith the changing activities, business and locations of the Company throughout\nthe term of these covenants.\n\n     8.   Confidential Information.  Employee hereby agrees to hold in strict \nconfidence and not to disclose to any third-party any of the valuable,\nconfidential and proprietary business, financial, technical, economic, sales\nand\/or other types of proprietary business information relating to the\n\n                                       6\n\n \nCompany's Travel Business (including all trade secrets) in whatever form,\nwhether oral, written, or electronic (collectively, the 'Confidential\nInformation'), to which Employee has, or is given (or has had or been given),\naccess as a result of his employment by the Company. It is agreed that the\nConfidential Information is confidential and proprietary to the Company because\nsuch Confidential Information encompasses technical know-how, trade secrets, or\ntechnical, financial, organizational, sales, or other valuable aspects of the\nCompany's Travel Business and trade, including, without limitation,\ntechnologies, products, processes, plans, clients, personnel, operations, and\nbusiness activities. This restriction shall not apply to any Confidential\nInformation that (a) becomes known generally to the public through no fault of\nthe Employee; (b) is required by applicable law, legal process, or any order or\nmandate of a court or other governmental authority to be disclosed; or (c) is\nreasonably believed by Employee, based upon the advice of legal counsel, to be\nrequired to be disclosed in defense of a lawsuit or other legal or\nadministrative action brought against Employee; provided, that in the case of\nclauses (b) or (c), Employee shall give the Company reasonable advance written\nnotice of the Confidential Information intended to be disclosed and the reasons\nand circumstances surrounding such disclosure, in order to permit the Company to\nseek a protective order or other appropriate request for confidential treatment\nof the applicable Confidential Information.\n\n     9.   Inventions.  Employee shall disclose promptly to the Company any and \nall significant conceptions and ideas for inventions, improvements, and valuable\ndiscoveries, whether patentable or not, that are conceived or made by Employee,\nsolely or jointly with another, during the period of employment or within one\nyear thereafter, and that are directly related to the Travel Business or\nactivities of the Company and that Employee conceives as a result of his\nemployment by the Company, regardless of whether or not such ideas, inventions,\nor improvements qualify as 'works for hire.' Employee hereby assigns and agrees\nto assign all his interests therein to the Company or its nominee. Whenever\nrequested to do so by the Company, Employee shall execute any and all\napplications, assignments, or other instruments that the Company shall deem\nnecessary to apply for and obtain Letters Patent of the United States or any\nforeign country or to otherwise protect the Company's interest therein.\n\n     10.  Return of Company Property.  Promptly upon termination of Employee's \nemployment by the Company for any reason or no reason, Employee or Employee's\npersonal representative shall return to the Company (a) all Confidential\nInformation; (b) all other records, designs, patents, business plans, financial\nstatements, manuals, memoranda, lists, correspondence, reports, records, charts,\nadvertising materials, and other data or property delivered to or compiled by\nEmployee by or on behalf of the Company or their respective representatives,\nvendors, or customers that pertain to the business of the Company, whether in\npaper, electronic, or other form; and (c) all keys, credit cards, vehicles, and\nother property of the Company. Employee shall not retain or cause to be retained\nany copies of the foregoing. Employee hereby agrees that all of the foregoing\nshall be and remain the property of the Company, and be subject at all times to\ntheir discretion and control.\n\n     11.  No Prior Agreements.  Employee hereby represents and warrants to the \nCompany that the execution of this Agreement by Employee, his employment by the\nCompany, and the performance of his duties hereunder will not violate or be a\nbreach of any agreement with a former\n\n\n                                       7\n\n \nemployer, client, or any other Person. Further, Employee agrees to indemnify and\nhold harmless the Company and its officers, directors, and representatives for\nany claim, including, but not limited to, reasonable attorneys' fees and\nexpenses of investigation, of any such third party that such third party may now\nhave or may hereafter come to have against the Company or such other persons,\nbased upon or arising out of any non-competition agreement, invention, secrecy,\nor other agreement between Employee and such third party that was in existence\nas of the date of this Agreement. To the extent that Employee had any oral or\nwritten employment agreement or understanding with the Company, this Agreement\nshall automatically supersede such agreement or understanding, and upon\nexecution of this Agreement by Employee and the Company, such prior agreement or\nunderstanding automatically shall be deemed to have been terminated and shall be\nnull and void.\n\n     12.  Assignment; Binding Effect.  Employee understands that he has been \nselected for employment by the Company on the basis of his personal\nqualifications, experience, and skills. Employee agrees, therefore, that he\ncannot assign all or any portion of his performance under this Agreement. This\nAgreement may not be assigned or transferred by the Company without the prior\nwritten consent of Employee. Subject to the preceding two sentences, this\nAgreement shall be binding upon, inure to the benefit of, and be enforceable by\nthe parties hereto and their respective heirs, legal representatives,\nsuccessors, and assigns. Notwithstanding the foregoing, if Employee accepts\nemployment with a subsidiary or affiliate of the Company, unless Employee and\nhis new employer agree otherwise in writing, this Agreement shall automatically\nbe deemed to have been assigned to such new employer (which shall thereafter be\nan additional or substitute beneficiary of the covenants contained herein, as\nappropriate), with the consent of Employee, such assignment shall be considered\na condition of employment by such new employer, and references to the 'Company'\nin this Agreement shall be deemed to refer to such new employer. If the Company\nis merged with or into a subsidiary or affiliate of the Company, such action\nshall not be considered to cause an assignment of this Agreement, and the\nsurviving or successor entity shall become the beneficiary of this Agreement and\nall references to the 'Company' shall be deemed to refer to such surviving or\nsuccessor entity. It is intended that all subsidiaries and affiliates of the\nCompany will be third-party beneficiaries of the rights of the Company under\nthis Agreement. No other Person shall be a third-party beneficiary.\n\n     13.  Complete Agreement; Waiver; Amendment.  This Agreement is not a\npromise of future employment. Employee has no oral representations,\nunderstandings, or agreements with the Company or any of its officers,\ndirectors, or representatives covering the same subject matter as this\nAgreement. This Agreement is the final, complete, and exclusive statement and\nexpression of the agreement between the Company and Employee with respect to the\nsubject matter hereof and thereof, and cannot be varied, contradicted, or\nsupplemented by evidence of any prior or contemporaneous oral or written\nagreements. This written Agreement may not be later modified except by a further\nwriting signed by a duly authorized officer of the Company and Employee, and no\nterm of this Agreement may be waived except by writing signed by the party\nwaiving the benefit of such term.\n\n     14.  Notice.  Whenever any notice is required hereunder, it shall be given \nin writing addressed as follows:\n\n\n                                       8\n\n \n     To the Company:    Navigant International, Inc.\n                        84 Inverness Circle East\n                        Englewood, CO 80112\n                        Attn.: Chief Executive Officer\n\n     To Employee:       Neville Teagarden\n                        10909 Flagler Drive\n                        Parker, CO 80134\n\nNotice shall be deemed given and effective three days after the deposit in the\nU.S. mail of a writing addressed as above and sent first class mail, certified,\nreturn receipt requested, or, if sent by express delivery, hand delivery, or\nfacsimile, when actually received.  Either party may change the address for\nnotice by notifying the other party of such change in accordance with this\nSection 14.\n\n     15.  Severability; Headings.  If any portion of this Agreement is held\ninvalid or inoperative, the other portions of this Agreement shall be deemed\nvalid and operative and, so far as is reasonable and possible, effect shall be\ngiven to the intent manifested by the portion held invalid and inoperative.\nThis severability provision shall be in addition to, and not in place of, the\nprovisions of Section 7(f) above.  The paragraph headings herein are for\nreference purposes only and are not intended in any way to describe, interpret,\ndefine or limit the extent or intent of the Agreement or of any part hereof.\n\n     16.  Equitable Remedy.  Because of the difficulty of measuring economic \nlosses to the Company as a result of a breach of the restrictive covenants set\nforth in Sections 7, 8, 9 and 10; and because of the immediate and irreparable\ndamage that would be caused to the Company for which monetary damages would not\nbe a sufficient remedy, it is hereby agreed that in addition to all other\nremedies that may be available to the Company at law or in equity, the Company\nshall be entitled to specific performance and any injunctive or other equitable\nrelief as a remedy for any breach or threatened breach of the aforementioned\nrestrictive covenants.\n\n     17.  Arbitration.  Any unresolved dispute or controversy arising under or \nin connection with this Agreement shall be settled exclusively by arbitration\nconducted in accordance with the rules of the American Arbitration Association\nthen in effect. The arbitrators shall not have the authority to add to, detract\nfrom, or modify any provision hereof nor to award punitive damages to any\ninjured party. A decision by a majority of the arbitration panel shall be final\nand binding. Judgment may be entered on the arbitrators' award in any court\nhaving jurisdiction. The direct expense of any arbitration proceeding shall be\nborne by the Company. Each party shall bear its own counsel fees. The\narbitration proceeding shall be held in Denver, Colorado. Notwithstanding the\nforegoing, the Company shall be entitled to seek injunctive or other equitable\nrelief, as contemplated by Section 16 above, from any court of competent\njurisdiction, without the need to resort to arbitration.\n\n     18.  Governing Law.  This Agreement shall in all respects be construed\naccording to the laws of the State of Colorado, without regard to its conflict\nof laws principles.\n\n\n                                       9\n\n \n     IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be\nduly executed as of the date first written above.\n\n\n                              NAVIGANT INTERNATIONAL, INC.\n\n\n\n                              By: \/s\/ Robert C. Griffith\n                                  --------------------------------------------\n                                  Robert C. Griffith, Chief Financial Officer\n\n\n\n                                    EMPLOYEE:\n\n                                    \/s\/ Neville Teagarden\n                                    ----------------------------------------- \n\n                                    Neville Teagarden\n\n\n                                      10\n\n<\/pre>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[8307],"corporate_contracts_industries":[9525],"corporate_contracts_types":[9539,9544],"class_list":["post-39387","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-navigant-international-inc","corporate_contracts_industries-transportation__services","corporate_contracts_types-compensation","corporate_contracts_types-compensation__employment"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/39387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=39387"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=39387"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=39387"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=39387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}