Sample Business Contracts

Employment Agreement [Amendment No. 1] - K&G Men's Center Inc., K&G Men's Co. Inc. and Stephen H. Greenspan

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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                                 AMENDMENT NO. 1

entered into as of February 4, 2001 (this "Amendment"), between K&G MEN'S
CENTER, INC., a Delaware corporation ("K&G Men's Center"), K&G MEN'S COMPANY
INC., a Delaware corporation ("K&G Men's Company"), and STEPHEN H. GREENSPAN


         WHEREAS, K&G Men's Center and Employee entered into an Amended and
Restated Employment Agreement dated as of June 1, 1999 (the "Amended and
Restated Employment Agreement");

         WHEREAS, effective as of the date hereof, K&G Men's Center's principal
place of business and all operations of K&G Men's Center shall be moved to 40650
Encyclopedia Circle, Fremont, California and, as a result, Employee shall cease
to be a director, officer and employee of K&G Men's Center;

         WHEREAS, K&G Men's Company wishes to employ Employee pursuant to the
terms of the Amended and Restated Employment Agreement and Employee is willing
to accept such terms and conditions.

         NOW, THEREFORE, in consideration of the mutual covenants and agreements
hereinafter set forth, and intending to be legally bound hereby, K&G Men's
Center, K&G Men's Company and Employee hereby agree as follows:

         1. All references in the Amended and Restated Employment Agreement to
"K&G Men's Center, Inc." or "the Company" shall be amended or deemed to refer to
K&G Men's Company Inc.

         2. K&G Men's Center shall have no continuing rights or obligations
under the Amended and Restated Employment Agreement.

         3. This Amendment shall not be considered to cause a termination
subject to Section 4 of the Amended and Restated Agreement.

         4. Miscellaneous.

                  (a) This Amendment and all terms and conditions contained
herein shall be binding upon the parties hereto and their successors.

                  (b) This Amendment may be executed in two or more
counterparts, each of which shall be deemed an original, and all of which
together constitute one and the same instrument.


         IN WITNESS WHEREOF, the Company and Employee have executed this
Amendment No. 1 to Amended and Restated Employment Agreement as of the day and
year first above written.

                                             K&G MEN'S CENTER, INC.

                                             By: /s/ ERIC LANE
                                             Name: Eric Lane
                                             Title: President and Chief
                                                    Operating Officer

                                             K&G MEN'S COMPANY INC.

                                             By: /s/ RICHARD E. GOLDMAN
                                             Name: Richard E. Goldman
                                             Title: Executive Vice President

                                             /s/ STEPHEN H. GREENSPAN
                                             Stephen H. Greenspan