Sample Business Contracts

Employment Agreement - BriteSmile Inc. and Paul Boyer

Employment Forms

Employment Agreement. Employers can customize an employment agreement that states the salary, benefits, working hours and other important provisions for their new or existing employee.
Consulting Agreement. Answer simple questions to build a contract with a consultant. Specify the services rendered, when payment is due, as well as IP rights.
Commission Agreement. 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.
Executive Employment Agreement. 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.
Sales Representative Contract. 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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September 27, 1999

Mr. Paul Boyer
P.O. Box 980064
3504 West Daybreaker Drive
Park City, UT 84098-0064

VIA Fax:  801-974-1928

Dear Paul,

Per our discussion, this letter serves as our offer of employment with
BriteSmile, Walnut Creek, California.

Position and Terms:        Vice President and Chief Financial Officer
------------------

                           Annual Base Salary $160,000

-Stock Options:            150,000 shares vested over five years on the
                           following schedule

                           -Year 1 - 50,000 shares vest at the anniversary of
                           your starting date.

                           -Years 2-5 - 25,000 shares vest at the end of each
                           year.

Temporary Living Expense:  BriteSmile will pay for temporary living expenses
                           including travel up to three months (i.e.
                           rent/utilities). BriteSmile will also provide the
                           equivalent of one month's salary to cover incidental
                           expenses.

-Moving Expenses:          All household goods from Utah to California at
                           reasonable competitive costs.

-Other Benefits:           Medical and dental benefits are covered in the
                           enclosed package.

-Involuntary Termination:  If your employment is terminated at any time without
                           cause, you will be entitled to six months salary
                           continuation.

Paul I believe the above summarizes our offer in brief but concise terms.  We
are extremely happy that you will be joining the BriteSmile team and we look
forward to your starting with us.

Sincerely,

/s/ John Reed
-------------
John Reed                                            Accepted:

cc:  Linda Oubre                                     /s/ Paul A. Boyer 9-27-99
     Tony Pilaro