Sample Business Contracts

Employment Agreement [Amendment No. 2] - Outback Steakhouse of Florida Inc. and Paul E. Avery

Employment Forms

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  • 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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         THIS SECOND AMENDMENT ("Amendment") to that certain Employment
Agreement by and between OUTBACK STEAKHOUSE OF FLORIDA, INC., a Florida
corporation formerly known as Outback Steakhouse, Inc. ("Employer") and PAUL E.
AVERY ("Employee").

         WHEREAS, the parties have entered into that certain Employment
Agreement effective October 15, 1990, as amended on October 15, 1995
("Employment Agreement") and desire to amend same;

         NOW, THEREFORE, intending to be legally bound, for good consideration,
receipt of which is acknowledged, the parties hereby agree as follows:

         1. The parties acknowledge that the recitals to this Amendment are true
and correct and are incorporated herein by reference.

         2. The first paragraph of the Employment Agreement is amended to delete
any reference to the address "550 North Reo Street, Suite 200, Tampa, Florida
33609" and replace it with the new address "2202 North Westshore Boulevard, 5th
Floor, Tampa, Florida 33607."

         3. Term of Employment, as defined in the Employment Agreement, is
hereby amended to be a period of fifteen (15) years commencing on the date of
commencement of employment provided for in the Employment Agreement. Such Term
of Employment is hereby automatically renewed on an annual basis unless written
notice is provided to either party by the terminating party not less than sixty
(60) days prior to the end of any such one (1) year period.

         4. Effective as of April 15, 1998, any and all references to "Vice
President" in the Employment Agreement shall be deemed to refer to President.

         5. The parties to this Agreement agree to be bound by all of the
provisions of the Employment Agreement, as amended by this Amendment.

         6. All other terms of the Employment Agreement are hereby ratified and
confirmed as amended hereby.

         IN WITNESS WHEREOF, the parties have executed this Amendment October
15, 2000.


Attest:                             OUTBACK STEAKHOUSE OF FLORIDA, INC.,
                                    a Florida corporation

By:                                 By:
   ---------------------------         -----------------------------------------
   JOSEPH J. KADOW, Secretary              ROBERT D. BASHAM, Co-Chairman

WITNESSES:                           EMPLOYEE

-----------------------------          -----------------------------------------
                                                     PAUL E. AVERY