Employment Agreement - Intergraph Corp. and Howard Sachs
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.
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James W. Meadlock Howard Sachs
CEO
Date: February 9, 1993
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