Sample Business Contracts

Employment Agreement - Advanced Materials Group Inc. and David A. Lasnier

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

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                              EMPLOYMENT AGREEMENT

Agreement made this 01st day of August, 1999 between Advanced Materials Group,
Inc., a Nevada corporation (the "Company") and David A. Lasnier, Laguna Niguel,
California ("Employee").


WHEREAS, the parties acknowledge that Employee has abilities and expertise that
are unique and valuable to the Company; and

WHEREAS, in view of such abilities and expertise, the Company desire to retain
Employee as Senior Vice President/General Manager; and

WHEREAS, the Company and Employee have determined that such engagement of
Employee be subject to a mutually acceptable written agreement;

NOW THEREFORE, in consideration of the mutual agreements contained herein and
intending to be legally bound, the parties hereto agree as follows:

1.        SERVICES

          (a)  The Company hereby employs Employee and Employee hereby accepts
               such employment on the terms and conditions set forth herein. In
               this regard, Employee shall perform and discharge well and
               faithfully the duties and responsibilities that are commensurate
               with his position.

          (b)  Employee is not and shall not be engaged directly or indirectly
               in any other business activity, or previously have contracted to
               perform such activity at a future date which would prevent the
               performance of the obligations hereunder or involve activities
               which would result in a breach of any provision of this

2.        TERM

          (a)  The term of this Agreement shall begin on the date hereof and
               shall cease and terminate upon the earliest of (i) the close of
               business on the 1st day of August, 2001, (ii) the death of
               Employee; (iii) termination by the Company, at its option, for
               "cause" as defined in subdivision (b) of this Section 2; or (iv)
               termination by mutual agreement between the parties.

          (b)  As used in this Section, "cause" shall mean and be limited to
               gross negligence or willful misconduct of Employee in the
               performance of his duties, or conviction of a felony or a crime
               involving moral turpitude.

          (c)  In the event of a permanent disability, the contract will remain
               in effect until the start of long-term disability insurance
               coverage (3 months).



          (a)  The Company shall pay to Employee a base salary of $135,000 per
               year, payable in weekly installments.

          (b)  During the term of his employment, Employee shall be entitled to
               participate in employee benefit plans or programs of the Company,
               if any, to the extent his position, tenure, salary, age, health
               and other qualifications makes him eligible to participate,
               subject to the rules and regulations applicable thereto, which
               plans or programs will include, without limitation, health
               insurance benefits, performance-based options, an appropriate
               automobile allowance, and bonus programs, consistent with the
               reasonable past practices of the Company.

          (c)  The Company reserves the right to increase the compensation of
               the Employee, specified in this instrument, at any time or times
               hereafter and no such increase or adjustment shall operate as a
               cancellation of this Agreement, but merely as an amendment to
               Section 3, and all the other terms, provision, and conditions of
               this Agreement shall continue in force and effect as herein

          (d)  The Company will review this contract for consideration of a one
               (1) year extension when contract is 60 days from expiration.

4.        EXPENSES

          The Company will reimburse Employee for direct out-of-pocket expenses
          properly incurred by him in his performance of this Agreement and
          provided that a written accounting is made to the Company by Employee.


          (a)  Employee acknowledges that as a consequence of his relationship
               with the Company, he has been and will continue to be given
               access to confidential information which may include the
               following types information: financial statements and related
               financial information with respect to the Company, trade secrets,
               computer programs, certain methods of operation, procedures,
               improvements, systems, customer lists, supplier lists and
               specifications, and other private and confidential materials
               concerning the Company's business (collectively, "Confidential
               Information"). Employee agrees that he shall maintain any
               Confidential Information in strictest confidence and shall not
               disclose any Confidential information to third parties during the
               terms of this agreement and after the termination hereof, however
               such termination shall occur, unless previously approved by the
               President or Chairman of AMG in writing.

               Notwithstanding the foregoing, nothing herein shall be construed
               as prohibiting Employee from disclosing any Confidential

         (a) which, at the time of disclosure, Employee can demonstrate either
         was in the public domain and generally available to the public or
         thereafter became a part of the public domain and generally available
         to the public by publication or otherwise through no act of Employee;
         (b) which Employee can establish was independently developed by a third
         party who developed it without the use of the Confidential Information
         and who did not acquire it directly or indirectly from Employee under
         an obligation of confidence; (c) which Employee can show was received
         by him after the termination of this Agreement from a third party who
         did not acquire it directly or indirectly from the Company under an
         obligation of confidence; or (d) to the extent that Employee can
         reasonably demonstrate such disclosure is required by law or in any
         legal proceeding, governmental investigation, or other similar

    (b)  Employee covenants and agrees that, in order to protect the company's
         interest in its business, operations and assets during the term of
         this Agreement and for a period of one (1) year following the
         termination of this Agreement, however the same shall occur, he will
         not, without prior written consent of the Company, directly or

         (i)       engage anywhere in the United States, whether by virtue of
                   stock ownership, management responsibilities or otherwise,
                   in companies, business, organizations and/or ventures which
                   are directly or indirectly competitive with the business of
                   the Company as presently conducted or contemplated (the
                   "Business"); or
         (ii)      become interested, directly or indirectly, whether as
                   principal, owner, stockholder, partner, agent, officer,
                   director, employee, salesman, joint venture, consultant,
                   advisor, independent contractor or otherwise, in any person,
                   firm, partnership, association, venture, corporation or
                   entity engaging anywhere in the United State in the Business
                   or directly or indirectly in competition with the Company.


    (a) Employee hereby sells, transfers and assigns to the Company, or to
        any person or entity designated by the Company, all of the entire right,
        title and interest of Employee in and to all inventions, ideas,
        disclosures and improvements, whether patented or unpatented, and
        copyrightable materials, made or conceived by Employee, solely or
        jointly, or in whole or in part, during or before the term hereof which
        (i) relate to methods, apparatus, designs, products, processes or
        devices sold, leased, used or under construction or development by the
        Company, or (ii) otherwise relate, pertain or are useful to the
        business, functions or operations of the Company as presently conducted
        or to be conducted by the Company, or (iii) arise (wholly or partly)
        from the efforts of Employee since 16th of August, 1991 or otherwise
        during the term hereof.


    (b)  Employee shall communicate promptly and disclose to the Company, in
         such form as the Company requested, all information, details and data
         pertaining to the aforementioned inventions, ideas, disclosures and
         improvements; and whether during the term hereof or thereafter,
         Employee shall execute and deliver to the company such formal transfers
         and assignments and such other papers and documents as may be required
         of the Employee to permit the company or any person or entity
         designated by the Company to file and prosecute the patent applications
         and, as to copyrightable material, to obtain copyright thereon. Any
         invention by Employee within one year following the termination of this
         Agreement shall be deemed to fall within the provisions of this
         paragraph unless proved by Employee to have been first conceived and
         made following such termination.


         The failure of any party to insist upon the strict performance of
         any of the terms, conditions or provisions of this Agreement shall not
         be construed as a waiver of relinquishment of future compliance
         therewith, and said terms, conditions and provisions shall remain in
         full force and effect. No interpretation, changes, modifications,
         terminations or waivers of any of the provisions of this Agreement
         shall be binding upon the Company or Employee unless in writing and
         signed by the person to be bound.


         The rights and obligations of the Company under this Agreement
         shall inure to the benefit of, and shall be binding upon, its
         successors and assigns. The duties of Employee to any such successor
         entity shall not be greater than duties performed for the Company
         prior to such succession. Employee is prohibited from making any
         assignment of this Agreement.


         This Agreement and the exhibits hereto embody the entire understanding
         between the parties hereto pertaining to the subject matter hereto and
         supersedes all prior agreements and understanding of the parties in
         connection therewith.


         If any of the provisions of this Agreement shall for any reason be
         adjudged by any court of competent jurisdiction to be invalid or
         unenforceable, such judgement shall not affect, impair, or invalidate
         the remainder of this Agreement, but shall be confined in its
         operations to the provision of this Agreement directly involved in the
         controversy in which such judgment shall have been rendered.



         Notices, other communications or deliveries required or permitted
         under this Agreement shall be in writing directed as follows:

         (a)       TO THE COMPANY AT:
                   Advanced Materials Group, Inc.
                   20211 South Susana Road
                   Rancho Dominguez, CA 90221
                   Attn: Steve Scott

         (b)       TO EMPLOYEE:
                   David A. Lasnier
                   30042 Happy Sparrow Lane
                   Laguna Niguel, CA 92677

                   WITH A COPY TO:

         The Parties may designate by notice to each other any new address
         for the purpose of this Agreement. Useless otherwise specified in this
         Agreement, all notices shall be effective when mailed postage prepaid
         by registered or certified mail, return receipt requested.


         This Agreement shall be enforced and construed in accordance with
         the laws of the State of California.


         In the event any party brings legal proceedings to resolve a dispute
         hereunder, the prevailing party shall have the right to recover
         reasonable attorneys' fees and costs from the other. The term "legal
         proceedings" shall include appeals from the lower court judgment.


         If the Company terminates this Agreement other than for cause as
         defined in Section 2(b) of this Agreement, it shall pay Employee an
         amount equal to the amount set forth in Section 3(a) as an annual
         base salary divided by twelve and multiplied by the number of months
         remaining until the 1st day of August, 2001.



         The captions and headings contained in this Employment Agreement are
         for reference purposes only and shall not affect the interpretation or
         meaning of this Agreement.

IN WITNESS WHEREOF, the parties have executed this Employment Agreement as of
the date and year first above written.


By: /s/ Steve Scott
        Steve Scott


By:  /s/ David A. Lasnier
         David A. Lasnier