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Sample Business Contracts

Employment Agreement - Interpublic Group of Companies Inc. and Brian Brooks

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.
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SUPPLEMENTAL AGREEMENT


                             SUPPLEMENTAL AGREEMENT made as of April 7, 2003 between THE INTERPUBLIC GROUP OF COMPANIES, INC., a Delaware corporation ("Interpublic") and BRIAN BROOKS ("Executive").


W I T N E S S E T H:


                             WHEREAS, Interpublic and Executive are parties to an Employment Agreement made as of November 18, 2002 (hereinafter referred to as the "Agreement"); and

                             WHEREAS, Interpublic and Executive desire to amend the Agreement;

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

                             1.           Paragraph 6.04 of the Agreement is amended, effective as of November 18, 2002, by adding: "In addition, Executive will be eligible to use a parking space at Central Parking at West 51st Street."

                             2.           A new Paragraph 6.05 shall be added to the Agreement, effective as of November 18, 2002, to read as follows:

                             "Executive will be elected a member of Interpublic's Development Council."

                             3.           A new Paragraph 6.06 shall be added to the Agreement, effective as of November 18, 2002, to read as follows:


               "Interpublic will provide Executive with a cellular phone, personal (home) computer and related communications equipment, if required."


                             4.           A new Paragraph 6.07 shall be added to the Agreement, effective as of November 18, 2002, to read as follows:

 

               "Executive will be reimbursed for any expenses incurred in joining or maintaining a mid-town dining and health club."


                             5.           A new Paragraph 6.08 shall be added to the Agreement, effective as of November 18, 2002, to read as follows:

                             "Executive will be entitled to first class air travel while travelling on Interpublic business."

                             Except as hereinabove amended, the Agreement shall continue in full force and effect.

                             This Supplemental Agreement shall be governed by the laws of the State of New York, applicable to contracts made and fully to be performed therein.

 

THE INTERPUBLIC GROUP OF

 

COMPANIES, INC.

  
  
 

By: /s/ Nicholas J. Camera                  

 

      Name: Nicholas J. Camera

 

      Title: Senior Vice President

 

                  General Counsel and Secretary

  
  
 

       /s/ Brian Brooks                          

 

           Brian Brooks