Sample Business Contracts

Employment Agreement - Interpublic Group of Companies Inc. and Eugene P. Beard

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

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                           SUPPLEMENTAL AGREEMENT

          SUPPLEMENTAL AGREEMENT made as of January 1, 1995, by
corporation of the State of Delaware (hereinafter referred to as
the "Corporation"), and EUGENE P. BEARD (hereinafter referred to
as "Executive"):
                            W I T N E S S E T H

          WHEREAS, the Corporation and Executive are parties to
an Employment Agreement made as of January 1, 1983, as amended
by Supplemental Agreements dated as of February 19, 1985,
September 24, 1985, March 1, 1986, January 4, 1988, January
1, 1990, May 15,1990, March 1, 1991, October 1, 1991, January 1,
1994, January 5, 1994 and June 1, 1994 (hereinafter referred to
collectively as the "Employment Agreement"); and

          WHEREAS, the Corporation and Executive desire to amend
the Employment Agreement;

          NOW, THEREFORE, in consideration of the mutual
promises herein and in the Employment Agreement set forth, the
parties hereto, intending to be legally bound, agree as follows:

          1.   Paragraph 3.01 of the Employment Agreement is
               hereby amended, effective January 1, 1995, by
               deleting "$175,000" threfrom and substituting
               "$100,000" therefor.

          2.   Section 3.02 of the Employment Agreement is
               hereby amended effective January 1, 1995 by
               deleting "$400,000" therefrom and substituting
               "$475,000" therefor
          3.   Except as hereinabove amended, the Employment
               Agreement shall continue in full force and

          4.   This Supplemental Agreement shall be governed by
                the laws of the State of New York.


                    By   C. KENT KROEBER                         
                    SS:     EUGENE P. BEARD                

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