{"id":39705,"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-waste-management-inc-and-tom-smith.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"employment-agreement-waste-management-inc-and-tom-smith","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/compensation\/employment-agreement-waste-management-inc-and-tom-smith.html","title":{"rendered":"Employment Agreement &#8211; Waste Management Inc. and Tom Smith"},"content":{"rendered":"<pre>\n                                   TERM SHEET\n                                    TOM SMITH\n\n\nPosition:  Senior Vice President, Information Technology ('IT')\n\nReports to Chief Executive Officer or other Executive Vice President, as\ndesignated by CEO.\n\nBase Salary: $300,000 per year; next review to be in first quarter 2001\n\nIncentive Compensation: Target of 50% of base salary, up to maximum of 100% of\nbase salary.\n\nStock Options: Upon the approval of the Compensation Committee of the Board of\nDirectors, an initial grant of 75,000 options. Eligible for next award in 2001.\nStock Options vest in five years (20% increments). Upon termination by reason of\nretirement, Employee has 36 months to exercise all options vested as of date of\ntermination; otherwise 90 days to exercise all options vested as of the date of\ntermination.\n\nBenefits: Health insurance; 401K after 90 day waiting; Employee Stock Purchase\nPlan and Executive Deferral Plan\n\nSeverance: If terminated by the Company without cause, 3 years base pay and\ncontinuation of benefits, including health insurance, stock option vesting over\nseverance period, and 401K participation.\n\n\n\n<\/pre>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[9293],"corporate_contracts_industries":[9537],"corporate_contracts_types":[9539,9544],"class_list":["post-39705","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-waste-management-inc","corporate_contracts_industries-utilities__sanitary","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\/39705","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=39705"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=39705"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=39705"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=39705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}