Sample Business Contracts

Employment Agreement [Amendment] - McAfee Inc. and Eric F. Brown

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.
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January 31, 2006
Eric F. Brown
McAfee, Inc.
5000 Headquarters Drive
Plano, Texas 75024
          Re: Benefits
Dear Eric:
          This letter is to confirm in writing certain benefits that you receive, and will continue to receive, in your capacity as Executive Vice President and Chief Financial Officer for McAfee, Inc. This letter does not alter in any way your benefit package as approved by McAfee's Compensation Committee.
Travel Expense Benefit: McAfee will pay for, or reimburse you for, all non-business travel expenses incurred by you for the purpose of traveling between Virginia and McAfee's office in Plano, Texas (including coach class airfare, or such higher class as permitted by McAfee's Travel Policy, and meal expense reimbursement).
Lodging Expense Benefit: While you are regularly traveling between Virginia and Plano, Texas, McAfee will provide you with (i) company paid corporate housing in the Plano, Texas area (including the payment of all fees, deposits and utilities) and (ii) a company paid rental car (including reimbursement for fuel costs) for your business and personal use while working from the Plano, Texas office.
Tax Gross Up: If the provision of the Travel Expense Benefit or Lodging Expense Benefit are determined to be taxable wages to you pursuant to the Internal Revenue Code, McAfee will make a payment to you (the gross up payment) to cover all taxes resulting from the Travel Expense Benefit or Lodging Expense Benefit such that the provision of these benefits is tax neutral to you.
This letter shall be made a part of your Employment Agreement and except as supplemented above; your Employment Agreement is ratified and confirmed in accordance with its terms.
  /s/ George Samenuk

George Samenuk
  Chairman and Chief Executive Officer
/s/ Eric F. Brown
Eric F. Brown