Sample Business Contracts
Employment Agreement - THINK New Ideas Inc. and Larry Kopald
- 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
THINK NEW IDEAS, INC.
45 WEST 36TH STREET, 12TH FLOOR
NEW YORK, NEW YORK 10018
May 24, 1999
VIA FEDERAL EXPRESS
Mr. Larry Kopald
Los Angeles, CA 90049
Re: Employment Agreement of June 30, 1996 (the "Employment Agreement")
This is to confirm to you that THINK New Ideas, Inc. (the "Company") has
agreed to renew your employment with the Company for a period of one year (the
"Extension Period") commencing upon expiration of the current term of your
employment at the close of business on May 31, 1999. Your annual salary shall be
$350,000 (representing Monthly Compensation, as defined in the Employment
Agreement, of $29,167). The the Company has further agreed that you shall
continue to be a member of executive management, with such title and any other
form of compensation as may be determined by management. The Employment
Agreement shall remain in effect for the Extension Period unmodified except as
specifically set forth herein.
Your service and contribution to the Company is sincerely appreciated.
Very truly yours,
/s/ Kenneth Orton
Kenneth Orton on behalf
of the Compensation Committee
cc: Mr. Ronald Bloom
Mr. Melvin Epstein
Cindi Lefari, Esq.
Victoria A. Baylin, Esq.