within two years following a change in control, you will receive a two-times multiple of the sum of both your annual base salary and your target annual bonus, paid in a lump sum within 60 days after termination.
You will accrue four weeks of paid vacation per year. For 2020, you will be eligible for 1.5 weeks of paid vacation.
Your start date of employment will be no later than September 8, 2020.
You will be provided with the Companys Code of Conduct and policies (collectively, the Policies) relating to your employment, and you agree to abide by all Policies in place throughout your employment and to execute any and all documents related to the Companys Policies as may be presented to you from time to time throughout your employment. The Company may, in its sole discretion, choose to add new Policies and change the terms of any of its existing Policies.
This offer is contingent upon the successful completion of the pre-employment drug screen; satisfactory results being obtained from the verifications of work history, and criminal background and credit checks; and the final approval of the Superior Board of Directors.
The Immigration Reform and Control Act of 1986 requires Superior to verify the identity of every new employee and their legal right to work in the United States. Your continued employment is conditional upon your ability to provide the necessary proof as indicated on the backside of the Employment Eligibility Verification Form (I-9).
This offer will be withdrawn if any of the above conditions are not satisfied.
Your employment will be conditional upon your signing the Companys standard onboarding documents, including a Non-Disclosure Agreement and acknowledgements of the Employee Handbook and Code of Conduct.
Employment with the Company is at-will and is not for any fixed period of time. Employees may terminate their employment at any time for any reason. Similarly, the Company may terminate any individuals employment at any time for any reason. Your employment will be conditional upon your signing an agreement to your at-will employment status.
If you find the terms of our offer acceptable, please acknowledge by signing and returning one copy of this letter to me. This letter represents all terms associated with this offer of employment.
Tim, I want you to know that the directors and employees that met with you at Superior are very excited about you joining the company.
/s/ Majdi Abulaban
President and Chief Executive Officer
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|I hereby accept this offer of employment: || || || || |
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