Sample Business Contracts


Employment Agreement - BriteSmile Inc. and Cheryl Sullivan Lester

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.
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  • 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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                           BriteSmile
                       Walnut Creek Office
                     101 Ygnacio Valley Road
                     Walnut Creek, CA 94596

                        Tel: 925-906-1900
                        Fax: 925-906-1919


REVISED

July 10, 1998

Ms. Cheryl Sullivan Lester
6224 Viewcrest Drive
Oakland, CA 94619

Dear Cheryl,

It is my pleasure to offer you employment with BriteSmile. The specifics of this
offer are detailed below.

         Title:                     Vice President, Center Marketing and
                                    Advertising.

         Reporting:                 This position reports to Linda Oubre,
                                    President, BriteSmile Center Division.

         Responsibilities:          Develops and executed marketing strategies
                                    for launch of teeth whitening centers.
                                    Manages branding, agency relationships,
                                    advertising placement, and medial relations
                                    in center markets. Directs consumer research
                                    activities.  Manages marketing activities
                                    for laser eye and other center concepts as
                                    they are implemented.

         Base Salary:               Annual base salary of $120,000.

         Incentive                  Plan:  An  incentive   bonus  plan  will  be
                                    developed  and  agreed  upon no  later  than
                                    September  30,  1998.  This  incentive  will
                                    consist of a minimum annual target of 10% of
                                    base salary and will be based on  short-term
                                    and  long-term   company  goals  for  center
                                    launches, budgeted income and cash flow, and
                                    procedure volume.

         Stock Options:             Options to buy shares of BriteSmile will be
                                    granted.  The options incentive plan will be
                                    comparable with those paid to individuals of
                                    similar level in the company.

         Benefits:                  You will receive employee benefits including
                                    vacation according


<PAGE>


                                    to BriteSmile Company policy.

         Start Date:                Your start date will be August 5, 1998.

         Sole Endeavor:             BriteSmile shall be your sole endeavor.  Any
                                    patents, licenses, or business ideas related
                                    to BriteSmile's business generated during
                                    the terms of your employment will be owned
                                    by BriteSmile.

         At Will  Employment:  Your  employment is considered at will employment
which can be terminated at any time. If employment is terminated "without cause"
("cause"  is defined as  business  dishonesty  or any  conduct  involving  moral
turpitude)  then you will be entitled to severance  pay  according to BriteSmile
company policy.

We have a very  exciting  time in front of us, and I look forward to you being a
part of the team that "makes it happen".  Please  acknowledge your acceptance of
this offer by signing and dating below. Let me know if you have any questions.


Sincerely,

/s/ Linda S. Oubre
Linda S. Oubre
President, Center Division
BriteSmile



Accepted
/s/ Cheryl S. Lester                       Date 7/10/98
-------------------------------------------    -------------------------------

cc:      Tony Pilaro
         Michael Bonner
         Carol Lewis

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