Sample Business Contracts

Employment Agreement - Ltd. and Martin Clifford

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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                            CONTRACT OF EMPLOYMENT

                (including particulars of terms of employment
                 required by the Employment Rights Act 1996)

EMPLOYER  UDATE.COM LIMITED of New Enterprise House, St Helens Street, Derby,
DE1 3GY ("the Company")


DATE:     9th May 2000


        1.1    Your employment with the Company will begin on or before 1st
               June 2000 which is the date of commencement of your period of
               continuous employment.

2.      JOB TITLE

        2.1    You are employed as the Business Development Manager.


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3.      DUTIES

        3.1    You will carry out such duties and comply with such
               instructions consistent with your position and status as the
               Company reasonably determines from time to time.

        3.2    You will report to The Chief Executive Officer or such other
               person as the company may decide appropriate.


        4.1    Your place of work will be the Company's offices at New
               Enterprise House, St Helens Street, Derby but you may be
               required to work at any other location in the United Kingdom
               and it is a condition of your employment that you comply with
               any such requirement. Your role will require you to travel both
               abroad and within the UK frequently.


        5.1    Your basic salary will be Pound Sterling70,000 per annum which
               is payable monthly in arrears on the last Friday of each month
               by bank giro credit direct to your bank.

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        5.2    You will be entitled to receive a bonus which will be
               calculated at 65% of salary subject to terms and conditions to
               be agreed between the parties within three months of the date
               of commencement of your employment.

        5.3    You will be entitled to receive a Motor Car Allowance of Pound
               Sterling 15,000 per annum gross payable on the last Friday of
               each month by bank giro credit direct to your bank. The
               allowance is to enable you to purchase or lease a motor vehicle
               for business and private use, such vehicle to be approved by
               the Company as suitably commensurate with your status. The
               allowance will also cover the cost of road fund licence,
               insurance premiums and running expenses in respect of the motor
               car including fuel, oil, maintenance and repairs.

6.      EXPENSES

        6.1 If you incur travelling expenses (other than travel to and from
        work), accommodation or other expenses in the course of carrying out
        your duties, you will be reimbursed for these by the Company on
        production of appropriate vouchers or receipts.


        7.1    Your normal hours of work are from 9.00am until 5.00pm Monday
               to Friday inclusive with a one hour break for lunch to be taken
               between 1.00pm and 2.00pm. You will be required to work such
               additional hours as may be necessary for the proper performance
               of your duties, for which you will receive no additional

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        8.1    You are entitled, in addition to the usual bank and public
               holidays, to 20 working days' paid holiday in each calendar
               year of employment.   Where you are employed for part of a
               calendar year only - either on commencement or termination of
               your employment - you will be entitled to paid holiday pro rata
               to the number of complete calendar months worked by you in the
               relevant calendar year.  The dates of your holiday must be
               approved beforehand by your Manager.  Unused holiday
               entitlement may not be carried forward to the next year without
               the written permission of your manager.

        8.2    On the termination of your employment, where you have taken
               more or less than your holiday entitlement as calculated above,
               an adjustment based on your normal rate of pay will be made in
               your final pay. The adjustment will be either by way of
               deduction if you have taken more than your entitlement, or by
               way of an additional payment where you have taken less than
               your entitlement, calculated on a pro rata basis by reference
               to the number of days' holiday in respect of which such
               adjustment is made.


        9.1    If you are absent from work due to illness or injury or for
               any other reason you must let the Company know by 10.30am on
               your first day of absence that you will be unable to attend.
               You must also keep the Company advised regularly if you
               continue to be absent and of your likely return date. If you
               are absent due to sickness or injury for one day or more,

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               immediately you return to work you must obtain and complete a
               sickness self-certification and submit it to your manager.

        9.2    If you are absent for more than seven consecutive days
               (including Saturdays and Sundays) due to illness or injury you
               must obtain a doctor's certificate where appropriate at your
               own expense and give or send it immediately to your manager.
               Thereafter any further absence must continue to be supported by
               doctor's certificates.

        9.3    Failure to comply with the above procedures will result in the
               loss of the discretionary element of Company sick pay (referred
               to below) and may also disqualify you from receiving Statutory
               Sick Pay ("SSP"). For the avoidance of doubt the Company will
               be entitled to terminate your employment in accordance with the
               terms of this Contract (whether with or without notice as
               appropriate in the circumstances) during any period of sickness

        9.3.1   Provided that you have complied with the requirements above,
                the Company will continue to pay you at your normal rate of
                pay during any unavoidable absence through sickness or injury
                (whether continuous or intermittent) up to a maximum, in any
                period of 12 consecutive months, of four weeks at full pay,
                then four weeks at half pay and thereafter at the discretion
                of the Company. Any payment made to you under this provision
                will include any entitlement which you may have to receive SSP
                from the Company.  Company sick pay will be reduced by the
                amount of any Social Security benefits recoverable by you
                (whether or not recovered) in respect of your illness or

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        9.4    Your "qualifying days" for SSP purposes are Monday to Friday


        10.1   There is no Company pension scheme and no contracting out
               certificate has been obtained in respect of your employment.

        10.2   You will be eligible for immediate insurance cover under the
               Company's life assurance scheme, (or any other scheme providing
               an equivalent benefit) subject to the rules of the scheme from
               time to time and such evidence of health as such insurance
               company may require.

        10.3   You will be eligible for immediate medical expenses insurance
               and permanent health insurance.


        You may be invited to participate in the Company's Share Option Scheme
        ("the Share Option Scheme") in accordance with its rules from time to
        time ("the Rules").


        12.1   In the ordinary course of your employment you will be exposed
               to information about the business of the Company and the Group
               and the suppliers and customers of the Company and the Group
               which is confidential or is

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               commercially sensitive and which may not be readily available
               to competitors or the general public and which if disclosed
               will be liable to cause significant harm to the Company or the

        12.2   You must not whether during or after your employment, except as
               authorised or required by your duties as an employee of the
               Company, reveal to any person, firm, company or organisation or
               otherwise make use of any of the trade secrets, secret or
               confidential operations, processes or dealings or any
               information (other than that within the public domain)
               concerning the organisation, business, finances, transactions
               or affairs of the Company or any Group company (including lists
               of the customers or clients) of the Company or of any such
               company which may come to your knowledge during your
               employment. Nothing in this clause will prevent you from
               disclosing information to comply with a Court Order or perform
               any statutory obligation on you to do so.


        You will not during your employment, except with the written consent
        of the Company, be directly or indirectly engaged, concerned or
        interested in any other trade, business or occupation whatsoever.
        Further, you must not during your employment except with the Company's
        written consent, introduce to any other competing business orders for
        goods or services with which the Company is able to deal.


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        14.1   The Company does not operate a formal disciplinary procedure
               which is applicable to your employment. If you have any
               grievance in relation to your employment you should raise it
               with your manager in writing. If the matter is not resolved you
               may then take it up in writing with the Chief Executive Officer
               whose decision will be final.


        15.1   Subject as follows the Company can terminate your employment at
               any time by giving you three calendar months' written notice.

        15.2   You may terminate your employment at any time by giving the
               Company at least three calendar months' written notice.

        15.3   The Company has the right to terminate your employment without
               notice if you breach the terms and conditions of your
               employment and/or in the case of gross misconduct. Gross
               misconduct includes (but is not limited to) dishonesty, fraud,
               insider dealing, breach of company confidentiality, pilferage,
               being under the influence of alcohol or prescribed drugs or
               other substances at work, flagrant disobedience of reasonable
               orders from superiors, causing actual or threatening physical
               harm, harassment (sexual racial or by reason of another's
               disability) and causing damage to Company property.

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        On request and in any event on termination of your employment for any
        reason you are required to return to the Company all company property
        including any company car, company credit or charge cards, your
        security pass, all keys, computer hard and software including discs
        and all documents in whatever form (including notes and minutes of
        meetings, customer lists, diaries and address books, computer
        printouts, plans, projections) together with all copies which are in
        your possession or under your control. The ownership of all such
        property and documents will at all time remain vested in the Company.


        Your normal retirement age is 65 years and your employment will
automatically terminate when you reach this age.


        You hereby authorise the Company to deduct from your pay (including
        holiday pay, sick pay, bonus or commission and pay in lieu of notice)
        any amounts which are owed by you to the Company or any other company
        in the Group (including any season ticket or other loans, travel
        allowance, expenses float or relocation assistance).


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        You must comply at all times with the Company's rules and procedures
relating to equal opportunities, harassment, health and safety, compliance,
external interests and all other rules and procedures introduced by the
Company from time to time. Copies of all rules, policies and procedures can be
obtained from the Company Secretary. For the avoidance of doubt such rules,
policies and procedures are not incorporated by reference into this Contract
and they can be changed, replaced or withdrawn at any time at the discretion
of the Company. Breach of any Company rules, policies or procedures may result
in disciplinary action.


        This Contract contains the entire and only agreement between us and
        supersedes all previous agreements between you and the Company, except
        for the agreement to be reached between the parties concerning the
        terms and conditions relating to your entitlement to a bonus payment.


        In this Contract "Group" means the Company any holding company of the
        Company for the time being and any subsidiary (as defined in Section
        736 of the Companies Act 1985) for the time being of the Company or
        its holding company and "Group company" means any company in the

Signed on behalf of the

Company by          /s/Melvyn Morris CEO      Date           12/5         2000

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I understand and agree to the terms and conditions of my Contract of
Employment as set out above.

Employee's signature .../s/ Martin Clifford............... Date 12rd May  2000