WebMD Corp. Contracts
Sample Business Contracts
Employment Agreement - Medical Manager Corp. and Marvin P. Rich
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
MEDICAL MANAGER CORPORATION 669 RIVER DRIVE, CENTER 2 ELMWOOD PARK, NEW JERSEY 07407-1361 September 11, 2000 Mr. Marvin P. Rich c/o Medical Manager Corporation 669 River Drive, Center 2 Elmwood Park, New Jersey 07407-1361 Dear Marv: Reference is made to the Amended and Restated Employment Agreement dated as of June 18, 2000 (the "Employment Agreement"), by and between Medical Manager Corporation, a Delaware corporation, CareInsite, Inc., a Delaware corporation, and you. The first sentence of Section 5.3(a)(iv) of the Employment Agreement is hereby amended to delete the words "and remain exercisable until the first anniversary of the date of termination" and replace them with "and remain exercisable until such options would otherwise expire under the terms thereof". The foregoing amendment to the Employment Agreement shall be effective as of the date hereof. All other provisions of the Employment Agreement shall continue in full force and effect. MEDICAL MANAGER CORPORATION By: /s/ Charles Mele ----------------------------------------- Name: Charles A. Mele Title: Executive Vice President - General Counsel Accepted and Agreed: /s/ Marvin P. Rich CAREINSITE, INC. --------------------------- Marvin P. Rich By: /s/ David C. Amburgey ----------------------------------------- Name: David C. Amburgey Title: SVP - General Counsel