Intergraph Corp. Contracts
Sample Business Contracts
Employment Agreement - Intergraph Corp. and Howard Sachs
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
LETTER AGREEMENT February 8, 1993 Mr. Howard Sachs Dear Howard: This letter sets forth terms of employment between Intergraph and you, and, as noted below, supersedes and entirely replaces any previous contract, arrangement, or understanding you may have had with Intergraph, if any. 1. You will be the Executive Vice President of Engineering. Both Huntsville Engineering and APD will report to you. Any demotion, reduction in salary, or reassignment other than by mutual agreement will be considered as a termination. 2. The term of this agreement shall be for three (3) years, provided, however, that Intergraph may earlier terminate this agreement as a result of your willful misconduct, gross negligence, or a chemical or alcohol dependency which interferes with your ability to perform your duties. Intergraph may also earlier terminate your employment by giving you written notice of termination, and paying you a lump sum severance benefit equal to the aggregate salary which would otherwise be paid to you during the remaining term of this agreement. 3. You acknowledge and agree that you do not now have, nor will you obtain, any personal rights in software, copyrights, patents, or inventions which are either created by you, or under your direction, while you are an employee of Intergraph. You further agree to provide Intergraph with any assistance Intergraph may require from you in order to register, record, perfect, or otherwise secure Intergraph's rights in any such intellectual property or the rights associated therewith. 4. This agreement constitutes the entire agreement between Intergraph and you with respect to your employment, and it supersedes any prior contracts, arrangements, or understandings, if any, whether written or oral, between you and Intergraph with respect to your employment. 5. This agreement and your employment relationship with Intergraph shall be governed by the laws of the State of Alabama. Please acknowledge your acceptance of the terms of this letter offer by signing where indicated below. ------------------------- ------------------------- James W. Meadlock Howard Sachs CEO Date: February 9, 1993 ----------------