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Sample Business Contracts

Employment Agreement - Axxess Inc. and Carl Surran

Employment Forms

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  • 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.
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                          [AXXESS LOGO APPEARS HERE]



                             EMPLOYMENT AGREEMENT

This agreement is entered into between Axxess, Inc., d.b.a. Axxess 
Communications, Inc., herein after known as "Axxess" and Carl Surran, herein 
after known as "Mr. Surran".

Whereas, Axxess and Mr. Surran, as evidenced by the signed execution of this 
Employment Agreement, agree to the following.

I.   Mr. Surran will be employed by Axxess as of July 21, 1997 in the position 
of "Managing Editor" at Axxess's place of business at 445 Douglas Ave., 
Altamonte Springs, Florida 32714. Mr. Surran's responsibilities will include the
development, research, composition and editing of materials to be used for 
editorial content for the various publications owned by Axxess. Additionally, 
Mr. Surran will be responsible for managing any future editorial support staff 
as well as third party contributing editors for Axxess.

II.  Mr. Surran will be considered a full time, permanent employee for the 
purposes of employee benefits as further described in the "Employee Manual".

III. Mr. Surran will receive a salary in the amount of $42,000.00 annually to be
paid on a semi-monthly basis.

IV.  Mr. Surran will receive a supplement of $175 per month towards the purchase
of health insurance premiums until such time that Axxess can make available 
group health insurance benefits to its employees. At such time, Axxess, Inc. 
will then pay 100% of Mr. Surran's personal premium and provide dependent 
coverage as defined in the health insurance plan. Premiums for dependent 
insurance will be the responsibility of Mr. Surran.

V.   Mr. Surran will be entitled to paid sick leave and vacation as described in
the "Employee Manual" of Axxess. Accordingly, vacation is earned at the rate of 
15 days per year, accrued monthly and subject to vesting and other conditions 
described in the Employee Manual. Sick leave is granted at a minimum of 7 days 
per annum.

VI.  As an additional recruitment incentive, Mr. Surran will receive 
compensation in the amount of 8,000 shares of common stock of Axxess, Inc., 
effective the date of employment and to be vested to Mr. Surran's benefit on the
first anniversary of said employment. It is understood that shares of Axxess, 
Inc. issued to Mr. Surran under this agreement are not registered and subject 
to restriction under SEC rule 144.

VII. Either Axxess or Mr. Surran may terminate this agreement with 30 days prior
written notice to the other party. This agreement may not be modified in any way
without the expressed written consent of both parties.

Acknowledged:

/s/ Carl Surran          7/1/97            /s/ [Signature Appears Here]  7/1/97
------------------------------------       -------------------------------------
Employee                  date             Axxess, Inc.                   Date


                         445 Douglas Ave., Ste. 2205-G
                       Altamonte Springs, Florida 32714
                     Phone (407)786-6530 Fax (407)786-6541
                               www.axxessinc.com