Sample Business Contracts

Employment Agreement - Intergraph Corp. and Damian Walters

Employment Forms

  • Employment Agreement. 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

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INTERGRAPH                                      Interoffice Memorandum
                                                   Office of the CEO

Date:          January 24, 1994

To:            Damian Walters - Vice President

From:          Jim Meadlock

Subject:       Employment Agreement

I am pleased to confirm to you the following employment agreement:

Beginning with January 1, 1994 you will be Executive Vice
President, Asia-Pacific Region.  You will report to Jim
Meadlock, CEO of Intergraph Corporation.

As Executive Vice President, your responsibility will include
the management of sales, marketing, and customer support
services of the products offered by Intergraph Corporation.
Your assigned territory will be the Asia-Pacific Region to
include Singapore, Taiwan, Korea, China, Japan, Australia, New
Zealand, Hong Kong and other Southeast Asia countries.

Your base salary will be US$17,000 per month.  A housing
allowance of HK$67,500 per month will be paid.  You will also be
paid a quarterly bonus of 1/15th of 1% of all bookings received
in your region during 1994.

Other Employment Confidentiality
While employed by Intergraph, you are not permitted to enter
employment with another firm, organization or company without
written permission of the CEO of Intergraph Corporation.

If you terminate from Intergraph Corporation, voluntarily or
involuntarily, you agree to treat as confidential all
information pertaining to the business and interest of
Intergraph Corporation.

You will be covered under and eligible to participate in the
benefit plans in effect for Hong Kong according to the terms and
conditions of the plans.  Upon approval by the CEO, membership
fees for an appropriate club will be reimbursed.

You will be provided a company automobile to be used in the
performance of your duties.

You will be entitled to twenty (20) days vacation per calendar
year.  While on vacation, the company will reimburse the
equivalent expenses for return airline passage for you and your
family from Hong Kong to Australia.  Vacation time should be
approved by the CEO of Intergraph Corporation.  Whenever
possible, vacation time should be scheduled with a planned business trip.

Your employment may be terminated by yourself or Intergraph
Corporation at any time for any reason.  Upon termination, two
(2) months' written notice prior to termination is required.
Upon termination by Intergraph, you will also receive severance
pay equal to one (1) month base salary and housing allowance
(less applicable taxes) for each full calendar year of service.
Bonus payments for orders will be determined as of the last day
of work.

Intergraph Corporation reserves the right to amend or modify
this agreement as business conditions may dictate.  Amendments
or modifications to this Agreement must be in writing and signed
by yourself and the CEO of Intergraph Corporation.

If the terms of this Agreement are acceptable, please sign in
the space below:

/s/  Jim Meadlock                          1-30-94
-----------------------                    -----------------
Jim Meadlock, CEO                          Date
Intergraph Corporation

/s/  Damian Walters                        27 Jan 1994
----------------------------               -----------------
Damian Walters, Executive Vice President   Date
Intergraph Asia Pacific