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Sample Business Contracts

Employment Agreement - Intergraph Corp. and Howard Sachs

Employment Forms

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  • 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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                        LETTER AGREEMENT
                               
                               
                                                 February 8, 1993
                                                                
                                                                
Mr. Howard Sachs


Dear Howard:

This letter sets forth terms of employment between Intergraph and
you, and, as noted below, supersedes and entirely replaces any
previous contract, arrangement, or understanding you may have had
with Intergraph, if any.

1. You will be the Executive Vice President of Engineering.  Both
   Huntsville Engineering and APD will report to you.  Any
   demotion, reduction in salary, or reassignment other than by
   mutual agreement will be considered as a termination.

2. The term of this agreement shall be for three (3) years,
   provided, however, that Intergraph may earlier terminate this
   agreement as a result of your willful misconduct, gross
   negligence, or a chemical or alcohol dependency which
   interferes with your ability to perform your duties.
   Intergraph may also earlier terminate your employment by
   giving you written notice of termination, and paying you a
   lump sum severance benefit equal to the aggregate salary which
   would otherwise be paid to you during the remaining term of
   this agreement.

3. You acknowledge and agree that you do not now have, nor will
   you obtain, any personal rights in software, copyrights,
   patents, or inventions which are either created by you, or
   under your direction, while you are an employee of Intergraph.
   You further agree to provide Intergraph with any assistance
   Intergraph may require from you in order to register, record,
   perfect, or otherwise secure Intergraph's rights in any such
   intellectual property or the rights associated therewith.

4. This agreement constitutes the entire agreement between
   Intergraph and you with respect to your employment, and it
   supersedes any prior contracts, arrangements, or
   understandings, if any, whether written or oral, between you
   and Intergraph with respect to your employment.

5. This agreement and your employment relationship with
   Intergraph shall be governed by the laws of the State of
   Alabama.

Please acknowledge your acceptance of the terms of this letter offer
by signing where indicated below.



-------------------------          -------------------------
James W. Meadlock                  Howard Sachs
CEO
                                   Date:  February 9, 1993
                                          ----------------