Ladenburg Thalmann Financial Services Inc. Contracts
Sample Business Contracts
Employment Agreement - Ladenburg Thalmann Financial Services Inc. and Victor M. Rivas
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
October 10, 2002 Ladenburg Thalmann Financial Services Inc. Ladenburg Thalmann & Co. Inc. 590 Madison Avenue, 34th Floor New York, New York 10022 RE: EMPLOYMENT AGREEMENT Gentlemen: Reference is made to my Employment Agreement (the "Agreement"), dated as of February 8, 2001, with Ladenburg Thalmann & Co. Inc. In light of the current financial condition of Ladenburg Thalmann Financial Services Inc. ("LTS") and its subsidiaries, I hereby waive, for the period September 1, 2002 to December 31, 2002, my participation in LTS's Special Performance Incentive Plan (the "Plan") and any payments due to me under the Plan for such period. In addition, I also agree that, for the period January 1, 2002 to August 31, 2002, $400,000 of my Guaranteed Bonus (as defined in the Agreement) shall be credited on a pro rata basis ($266,667) against any amounts due to me under the Plan. Sincerely, /s/ Victor M. Rivas Victor M. Rivas Acknowledged and agreed this 10th day of October, 2002 Ladenburg Thalmann Financial Services Inc. By: /s/ VICTOR M. RIVAS --------------------------------- Ladenburg Thalmann & Co. Inc. By: /s/ VICTOR M. RIVAS ---------------------------------