Sample Business Contracts

Employment Agreement - Lance Inc. and Frank I. Lewis

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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                                    AGREEMENT


         THIS AGREEMENT is made as of October 9, 2000 by and between Lance,
Inc., a North Carolina corporation (the "Company") and Frank I. Lewis (the
"Employee").

                              STATEMENT OF PURPOSE

         The Employee has agreed to become an employee of the Company and, in
connection with his employment, the Company has agreed to make certain payments
to the Employee to compensate him for certain benefits that will be forfeited by
the Employee upon termination of his current employment.

         NOW, THEREFORE, in consideration of the Statement of Purpose and the
covenants and agreements contained herein, the Company and the Employee do
hereby agree as follows:

         1. EMPLOYMENT. The Company agrees to employ the Employee effective
October 23, 2000 and the Employee agrees to accept employment with the Company
on such date. Provided, however, that nothing contained in this Agreement shall
obligate the Company to continue the employment of the Employee and the Employee
shall be an employee at will.

         2. PAYMENTS. During the week ending November 25, 2000, the Company
shall pay the Employee $110,000 and during the week ending February 3, 2001, the
Company shall pay the Employee $120,000. The Company shall withhold from the
amounts payable under this Agreement, all federal, state, city or other taxes
legally required to be withheld.

         3. MISCELLANEOUS. This Agreement shall be interpreted and construed
under the laws of the State of North Carolina and shall be binding upon the
parties hereto and their respective heirs, administrators, successors and
assigns.

         IN WITNESS WHEREOF, Lance, Inc. has caused this Agreement to be signed
by its duly authorized officer and the Employee has hereunder set his hand and
seal, all as of the day and year first above written.


                                      LANCE, INC.


                                      By  s/ Paul A. Stroup, III
                                          --------------------------------------
                                          President


                                      s/ Frank I. Lewis                   [SEAL]
                                      -----------------------------------
                                      Frank I. Lewis