Sample Business Contracts

Employment Agreement - Inc. and Ronald Guerriero

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.
  • More Employment Agreements

Sponsored Links

[FinancialWeb Logo]

March 31, 2000

Ronald Guerriero

Dear Ron:

On behalf of, Inc. (the "Company"), it is my pleasure to
memorialize our understanding regarding your position as Senior Vice President
of Business Development. In this capacity, you report to Kevin Leininger, the
President and CEO.

Your starting annualized salary is $150,000, and your commencement date is March
7, 2000.

Stock Option - Management will recommend to the Compensation Committee of the
Board of Directors that you be granted an option to purchase 150,000 shares of
FWEB common stock.

Upon your execution and return of this letter, it will be submitted to the
Compensation Committee of the Board of Directors, for review and approval. You
will not have any legal or beneficial interest in any securities of the Company
until such time as the Compensation Committee or the Board of Directors grants
an option to you. Any option grant shall be on such terms and conditions as the
Committee or the Board deems appropriate.

You will be eligible for the comprehensive benefits package that we offer to our
full-time employees, including our 401k plan. Details of this package will be
reviewed with you in orientation on your first day of employment.

In accordance with current federal law, you will be asked to provide
documentation proving your eligibility to work in the United States. Please
provide proper documentation in that regard.

Please confirm your acceptance of this employment offer by mailing or delivering
to me an original signed copy. For confidentiality reasons please don't fax this
to me. As a condition of your employment, you will also need to sign a
Non-Disclosure, Non-Compete and Developments Agreement.

This letter does not constitute a guarantee of employment or a contract. Under
Florida law, your employment may be terminated by either you or the Company at
any time and for any reason or no reason. This offer supersedes, rescinds, and
renders null and void all prior offers, acceptances or agreements, both verbal
and written.

Ron, we are very pleased to have you join the team. I am sure that you will play
an important role in the future success of the Company!


/s/ James P. Gagel
Executive Vice President
General Counsel

Accepted by:

/s/ Ron Guerriero                                    3/31/00
------------------------                             -------------------------
Ronald Guerriero                                     Date

March 7, 2000
Start Date