Sample Business Contracts

Employment Agreement [Amendment] - Collins & Aikman Corp. and Gerald E. Jones

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.
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                          COLLINS & AIKMAN CORPORATION
                             250 STEPHENSON HIGHWAY
                                 TROY, MI 48083
                                 August 27, 2003

Mr. Gerald E. Jones
9806 Colt Drive
Bahama, NC  27503

         RE:      AMENDMENT TO EMPLOYMENT AGREEMENT

Dear Gerald:

         This letter addresses certain aspects of your employment terms not
addressed in your Employment Agreement with Collins & Aikman Corporation (the
"Company"), dated August 29, 2003. If you sign at the end of this letter and
return the signed copy to Collins & Aikman at the above address, to the
attention of Greg Tinnell, Senior Vice President, Human Resources, this letter
will amend your Employment Agreement.

         The terms of your Employment Agreement, the Supplemental Retirement
Income Plan ("SRIP"), and any other plan or program generally applicable to
employees of the Company will control in the event of a conflict with the terms
of this letter, except as specifically provided herein.

         If your employment terminates for any reason other than a termination
for Cause or your voluntary resignation, you will be credited with ten (10)
years of vesting credit toward Retirement and otherwise be deemed to be eligible
for Retirement, as defined under Paragraph 5 of Article II of the SRIP, as of
the date of such termination of employment. Such credit shall not affect the
amount of your service credit for purposes of calculating the amount of any
benefit under Article IV of the SRIP.

         You shall have available a perquisite account, not to exceed Twenty
Thousand Dollars ($20,000) per year. The Company shall provide you such
additional amounts as are necessary to cover your tax costs associated with such
perquisites.

                                                   COLLINS & AIKMAN CORPORATION

                                                   By: /S/  David Stockman
                                                       -------------------------

                                                   Its: Chairman & CEO

                                                        /S/  Gerald E. Jones
                                                        ------------------------
                                                               Gerald E. Jones