Sample Business Contracts


Employment Agreement - Interpublic Group of Companies Inc., Ammirati & Puris Inc. and Martin F. Puris

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.
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                      SUPPLEMENTAL AGREEMENT


          SUPPLEMENTAL AGREEMENT made as of September 1, 1997, by
and between THE INTERPUBLIC GROUP OF COMPANIES, INC., a
corporation of the State of Delaware (hereinafter referred to as
the "Corporation"), AMMIRATI & PURIS INC., now AMMIRATI PURIS
LINTAS INC , a corporation of the State of New York ("APL") and
MARTIN F. PURIS (hereinafter referred to as "Executive"):

                       W I T N E S S E T H


     WHEREAS, Interpublic, APL and Executive are parties to an
Employment Agreement made as of August 11, 1994 as amended by a
Supplemental Agreement made as of May 10, 1995 (hereinafter
referred to collectively as the "Employment Agreement"); and

     WHEREAS, the Corporation and Executive desire to amend the
Employment Agreement;

     NOW, THEREFORE, in consideration of the mutual promises
herein and in the Employment Agreement set forth, the parties
hereto, intending to be legally bound, agree as follows:

     1.   Paragraph 3.01 of the Employment Agreement is hereby       
amended, effective June 1, 1997, so as to delete           
"$750,000" and to substitute therefor "$850,000."
<PAGE>

     2.   Except as hereinabove amended, the Employment Agreement
          shall continue in full force and effect.

     3.   This Supplemental Agreement shall be governed by the       
laws of the State of New York.

                    THE INTERPUBLIC GROUP OF COMPANIES, INC.

                    By:  C. Kent Kroeber         


                             
                    AMMIRATI PURIS LINTAS INC.


                    By:  Martin F. Puris

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