Sample Business Contracts

Employment Agreement - Interpublic Group of Companies Inc. and Barry R. Linsky

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 March 26,  2001 by and between The
Interpublic  Group of Companies,  Inc., a  corporation  of the State of Delaware
(hereinafter referred to as the "Corporation"), and BARRY R. LINSKY (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, 1991,  a  Supplemental  Agreement  dated as of
August 15,  1992,  a  Supplemental  Agreement  dated as of  January  1, 1995,  a
Supplemental  Agreement made as of January 1, 1996 and a Supplemental  Agreement
dated  as of  August  1,  1996  (hereinafter  collectively  referred  to as  the
"Employment Agreement"); and

          WHEREAS, the Corporation and Executive desire to amend the 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.  Section  1.01  of the  Employment  Agreement  is  hereby  amended,
effective  as of March 26,  2001,  so as to delete:  "and ending on December 31,
2000" therefrom and substitute "and ending on December 31, 2005" therefore.

          2. Section 2.01 (iii) of the Employment  Agreement is hereby  amended,
effective as of March 26, 2001, so as to delete:  "Executive's  initial position
will be Senior Vice  President-Planning and Business Development at Interpublic"
therefrom and substitute "Serve as Executive Vice President" therefore.

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

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


                              THE INTERPUBLIC GROUP OF
                              COMPANIES, INC.



                              By /s/ C. KENT KROEBER
                                ----------------------------------------
                                  C. KENT KROEBER



                                 /s/ BARRY R. LINSKY
                                ----------------------------------------
                                    BARRY R. LINSKY