Sample Business Contracts

Employment Agreement - AvantGo Inc. and David B. Pratt

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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                                                             James T. Richardson
                                                          25881 Industrial Blvd.
                                                               Hayward, CA 94945

September 25, 2002

Mr. David Pratt
12324 Melody Lane
Los Altos Hills, CA 94022

Dear David:

On behalf of the Board of Directors of AvantGo, it is my pleasure to confirm our
offer to you to become interim CEO of the company. Cash compensation will be at
the rate of $20,000 per month, base salary. Your quarterly target bonus will be
$40,000 per quarter payable upon the achievement of agreed upon objectives. For
Q4 2002, your objectives will be the same as those approved for the corporate
bonus plan for senior objectives.

At the October 17, 2002 you will be granted and option for 250,000 shares of
AvantGo stock at the then current market price. The shares will vest as follows:
125,000 shares on December 31, 2002; 41,666 shares on January 31, 2003, 41,667
on February 28, 2003, and 41,667 shares on March 31, 2003, subject to your being
an employee on each of the vesting dates. If you are terminated other than for
cause prior to March 31, 2003, your total cash compensation will be the greater
of $100,000 or compensation earned to date plus $30,000; also, all unvested
shares shall accelerate and fully vest on the date of termination. Subject to
legal review of what the plan permits, your options will remain exercisable for
at least six months beyond your date of termination.

It is anticipated that your start date will be October 16, 2002. Your base
salary for October 2002 will be prorated to reflect this start date.

We very much look forward to your joining AvantGo. Please confirm your
acceptance of this offer by fax to me at 503-699-0488, by email to or, and return the signed
original to my attention at AvantGo.


/s/ James T. Richardson

James T. Richardson

Accepted: David Pratt

/s/  David B. Pratt

Date:  9/25/02