printer-friendly

Sample Business Contracts

Employment Agreement - BriteSmile Inc. and Adam Flint

Employment Forms

  • Employment Contract. 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

Sponsored Links

August 2, 1999


Mr. Adam Flint

VIA FACSIMILE:     011 44 11 70 561 235

Dear Adam,

This letter summarizes BriteSmile's offer of employment to you per our more
recent discussions.

Position:               Vice President - BriteSmile Call Center

Reports to:             Linda Oubre - President, Chief Administrative Officer

Location:               Walnut Creek, California

Compensation:           Annual Salary - $100,000 per year with 26 equal payments
                        during the year.

Bonus:                  $1.00 per paid procedure to be paid at the end of each
                        Fiscal Year -March 30th. This amount is to be divided
                        between call center management on a formula that we will
                        agree upon.

                        The bonus will be paid at a conversion level of 35% of
                        paid procedures of all calls. At a 55% conversion rate
                        of paid procedures, the bonus increases to $1.50 per
                        paid procedure. For the period of October 1, 1999
                        through March 30, 2000 the qualification is waived to a
                        25% conversion rate.

                        BriteSmile stock - 100,000 shares of BriteSmile stock
                        options exercisable at the fair market price on the date
                        of hire (8/15/99). 25,000 of these options vest
                        immediately with the remainder vesting in equal amounts
                        over a 5-year period.

Special Consideration:  Spouse or  fiance tuition - for a period of two years an
                        allowance up to $15,000 for college tuition.

                        Moving relocation expenses - BriteSmile will pay for all
                        moving expenses for you and spouse/fiance as well as a
                        special allowance of one month's salary for incidentals.

Adam, I believe the above accurately reflects our previous discussion and our
offer which you have already accepted.  We are extremely pleased that you are
joining us and that you will lead our call center within this young company.  We
look forward to your starting with us in August and to a long and exciting
employment situation.  Please confirm your agreement below:


/s/ Adam Flint
--------------
Adam Flint

Sincerely,

/s/ John Reed
-------------
John Reed
cc:  Linda Oubre