Intergraph Corp. Contracts
Sample Business Contracts
Employment Agreement - Intergraph Mapping and GIS Solutiosn and Terry Keating
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
September 25, 2002 Dr. Terry Keating Lucerne International 6 State Street, Suite 100 Bangor, ME 04401 Dear Terry: This letter constitutes an offer of full time employment with Intergraph Mapping and GIS Solutions and is valid until the date given below. Your start date will be October 1, 2002, recognizing that at first you would commute, then relocate to Huntsville later in the year. A copy of the Employee Benefits Summary has been enclosed for your review. Details of the offer are as follows: Position: Executive Vice President - IMGS Salary: $250,000 per year paid bi-weekly Performance Bonus: $100,000 Car Allowance: $400 per month Manager: Preetha Pulusani, President This exempt position is eligible for participation in the Intergraph benefits program. In addition to the standard benefits offered to Intergraph employees your annual vacation accrual will be four (4) weeks. Payment of your Performance Bonus will be based on achievement of objectives to be determined by you and Preetha Pulusani. IMGS will assist in your relocation to Alabama. Attached you will find a copy of the relocation benefits being provided to you. If your employment is involuntarily terminated other than for cause prior to the completion of three years of service you will receive eighteen (18) months of salary following termination. At Intergraph's option this may be paid as salary continuation or as a lump sum within 30 days following termination. For purposes of this paragraph, "cause" shall be defined as any willful act or failure to: act involving: dishonesty towards Intergraph; unethical business practices; embezzlement or misappropriation of corporate funds, property or proprietary information; unreasonable and willful refusal to perform the duties required by Intergraph; willful breach of this Agreement or habitual neglect of duties and responsibilities, other than due to illness or disability; aiding and abetting a competitor; or participation in any fraud or any criminal activities. "Salary" is defined as base salary only. This would not include any bonus or benefits component. IMGS will use direct deposit as the method of payment of your compensation. Please complete the enclosed Authorization Agreement for Automatic Deposit and return with a voided check or deposit slip on your start date. Your offer of employment is contingent upon signing the enclosed Proprietary Agreement. Please return this Agreement with the copy of this letter to acknowledge your acceptance of this offer. A listing of documents required for compliance with the Immigration Reform and Control Act is also included. A prepaid envelope has been provided for your convenience. Please respond to this offer by close of business Friday, October 11, 2002. If you have any questions or require additional information, please contact me in Huntsville at (256) 730-6084. Sincerely, /s/ Betsy Mosgrove Betsy Mosgrove Human Resources Intergraph Mapping & GIS Solutions Enclosures I accept your offer and plan to begin work on October 1, 2002. --------------- /s/ Terrence Keating October 1, 2002 ---------------------- --------------- Applicant Signature Date