United Online Inc. Contracts
Sample Business Contracts
Employment Agreement [Amendment No. 1] - Juno Online Services Inc. and Charles Ardai
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
FIRST AMENDMENT TO EMPLOYMENT AGREEMENT FIRST AMENDMENT TO EMPLOYMENT AGREEMENT dated as of the 29th day of February 2000 between Juno Online Services, Inc. (the "Company") and Charles Ardai (the "Employee"). WHEREAS, the Company and the Employee are parties to an Employment Agreement dated as of April 26, 1999 (the "Employment Agreement") pursuant to which the Employee is employed by the Company; WHEREAS, the Company and the Employee desire to amend the Employment Agreement. NOW THEREFORE, in consideration of the premises and mutual covenants contained herein, and for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 1. AMENDMENT TO COMPENSATION PROVISIONS. Section 2 of the Employment Agreement is amended as follows: a. In Section 2(a), the Compensation Period shall begin on January 1, 2000 and shall end on December 31, 2000. b. In Section 2(a), the figure set forth as the Employee's base salary shall be replaced with $225,000. This new figure shall remain subject to all of the provisions of Section 2(a). c. Section 2(b) shall be replaced in its entirety with the following: "(b) SEMI-ANNUAL BONUS DURING THE COMPENSATION PERIOD. As compensation for the Employee's services during the Compensation Period, the Company shall pay the Employee a semi-annual bonus of $50,000 on or about June 30 and December 31 of each year during the Compensation Period, provided that Employee is employed by the Company on such date." 2. NO OTHER AMENDMENTS. Except as expressly amended as provided herein, the Employment Agreement shall continue to be, and shall remain, in full force and effect <PAGE> in accordance with its terms. 3. SEVERABILITY. The holding of any provision of this amendment to be illegal, invalid or unenforceable by a court of competent jurisdiction shall not affect any other provision of this amendment, which shall remain in full force and effect. 4. GOVERNING LAW. This amendment shall be governed by, and construed and interpreted in accordance with, the laws of the State of New York (without regard to conflicts-of-laws-principles.) IN WITNESS WHEREOF, the parties have executed this First Amendment as of the date first written above. JUNO ONLINE SERVICES, INC. By: /s/ David E. Shaw ---------------------------------- David E. Shaw Chairman of the Board of Directors EMPLOYEE: /s/ Charles Ardai ---------------------------------- Charles Ardai