Sample Business Contracts

Employment Agreement [Amendment No. 1] - MAPCO Express Inc., Delek US Holdings Inc. and Uzi Yemin

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

                     AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT

     THIS AMENDMENT NO. 1 (this "Amendment") to the Employment Agreement (the
"Employment Agreement"), by and among MAPCO Express, Inc., ("Employer"), Delek
US Holdings, Inc. ("Delek US") and Uzi Yemin ("Employee), entered into and
effective as of May 1, 2004, is dated as of October 31, 2005.

     WHEREAS, Employee, Employer and Delek US are parties to the Employment
Agreement; and

     WHEREAS, Employee, Employer and Delek US desire to amend certain terms of
the Employment Agreement as described below.

     NOW THEREFORE, in consideration of the mutual promises set forth in this
Amendment and intending to be legally bound, Employee, Employer and Delek US
agree as follows:

     1. Section 2(a) of the Employment Agreement is hereby amended by deleting
the text "Twenty-One Thousand U.S. Dollars (US $21,000)" and replacing it with
"Twenty-Four Thousand U.S. Dollars (US $24,000)."

     2. Section 2(c)(3) of the Employment Agreement is hereby amended by
deleting the text "US $200 per month" and replacing it with "US $2,000 per
month."

     3. Section 6 of the Employment Agreement is hereby amended by deleting the
text "US $100,000" and replacing it with "US $200,000."

     4. This Amendment to the Employment Agreement shall have effect as of
September 15, 2005.

     5. Except as otherwise provided herein, the Employment Agreement shall
continue unchanged and in full force and effect.

     6. This Amendment may be executed in counterparts, each of which will be
deemed an original but all of which together shall constitute one and the same
agreement.

                            [SIGNATURE PAGE FOLLOWS]

<PAGE>

     IN WITNESS WHEREOF, the parties have executed this Amendment No. 1 to
Employment Agreement as of the date first above written.

                                        MAPCO EXPRESS, INC.


                                        By: /s/ Asaf Bartfeld
                                            ------------------------------------
                                        Name: Asaf Bartfeld
                                        Title: Director


                                        By: /s/ Zvi Greenfeld
                                            ------------------------------------
                                        Name: Zvi Greenfeld
                                        Title: Director


                                        DELEK US HOLDINGS, INC.


                                        By: /s/ Asaf Bartfeld
                                            ------------------------------------
                                        Name: Asaf Bartfeld
                                        Title: Director


                                        By: /s/ Zvi Greenfeld
                                            ------------------------------------
                                        Name: Zvi Greenfeld
                                        Title: Director


                                        /s/ Uzi Yemin
                                        ----------------------------------------
                                        Uzi Yemin


                                       -2-