Amazon.com Inc. Contracts
Sample Business Contracts
Compensation Letter - Amazon.com Inc. and Mark Britto
Employment Forms
- Employers can customize an employment agreement that states the salary, benefits, working hours and other important provisions for their new or existing employee.
- Answer simple questions to build a contract with a consultant. Specify the services rendered, when payment is due, as well as IP rights.
- Employers who compensate their sales employees based on commissions can prepare an agreement to reduce misunderstandings by specifying the base salary and how commissions are calculated.
- Companies may offer their business executives a contract that is different from the one provided to their regular employees. Executive employment agreements may be more complex because the compensation structure may include a combination of salary and commissions, provide for bonuses based on sales, stock or other financial targets, and include non-compete, confidentiality and severance provisions.
- Independent sales representatives offer companies the potential to increase the sale of products or services without the burden of increasing headcount. Both parties should understand how commissions are calculated, when commissions will be paid, as well as how the representative will treat confidential information from the company and whether the representative may also sell a competing line of products or services.
- More Employment Agreements
[LETTERHEAD OF AMAZON.COM] January 3, 2000 Mark Britto 947 Broadway Ave E Seattle, WA 98102 Re: Special Bonus Dear Mark: We have a tremendous challenge and opportunity ahead of us for the Year 2000 as we drive for profitability in our core business and look to significantly expand into new business segments. I know you will play an integral part in that effort. Your continued hard work and dedication is very important to Amazon.com and our shareholders. Special Bonus In recognition and appreciation of the above, the Company will pay you a special bonus in the amount of $500,000 in one installment to be included with the first regular payroll in January 2001. The payment will be subject to standard payroll practices and be subject to applicable withholding taxes. Payment Conditions The special payment is contingent upon you maintaining continued full time employment for the period of January 3, 2000 through December 31, 2000. If your employment with the Company ends as result of voluntary termination or termination for cause prior to December 31, 2000, you will forfeit the entire payment which would have been paid in January of 2001. I am very excited about our prospects for 2000 and beyond and am looking forward working with you on achieving our goals. Sincerely, /s/ Joe Galli Joe Galli President & COO Amazon.com, Inc. ACCEPTANCE I understand the terms of the special bonus as set forth in this letter: /s/ Mark Britto ----------------------------- ----------------------- Signature Date Printed Name: Mark Britto Start Date: ---------------- ------------