Sample Business Contracts
Executive Employment Agreement [Amendment] - Quintiles Transnational Corp. and Oppel Greeff
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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(Quintiles Transnational Corp. Logo)
| Quintiles Transnational Corp. Post Office Box 13979 Research Triangle Park, NC 27709-3979 919 998 2000 / Fax 919 998 9113 http://www.quintiles.com | ||
| December 5, 2003 | ||
| PERSONAL AND CONFIDENTIAL | ||
| Oppel Greeff | ||
| 111 Beaver Dam Run | ||
| Durham, NC 27703 | ||
| Re: Amendment to Executive Employment Agreement | ||
| Dear Oppel: | ||
| Reference is made to the amendment to your Executive Employment Agreement (the “Employment Agreement”) dated as of November 17, 2003 (the “Amendment”). This will confirm our agreement that Section 5.2 of the Employment Agreement, as amended by paragraph 4 of the Amendment, will be further amended to provide that, subject to the satisfaction of the conditions contained therein, the post-employment benefits payable thereunder will also be payable upon a termination of your employment prior to September 25, 2006 pursuant to Section 4.3(i) (death) or Section 4.3(ii) (disability) of the Employment Agreement. However, as to such benefits payable upon disability, (i) the 36 month period referred to in Section 5.2 shall be reduced by any preceding period during which you were receiving short-term disability benefits from the Company or otherwise were compensated by the Company while you were physically or mentally unable to perform the essential functions of your duties, and (ii) the monthly payments shall be reduced by the monthly payments you receive pursuant to the Company’s long-term disability program. Prior to September 25, 2006, references to Sections 4.3(i) and (ii) contained in Section 5.4 of the Employment Agreement shall be ignored. | ||
| You represent to the Company that you are not aware of any illness or condition that could reasonably be expected to result in your death or disability prior to September 25, 2006, and the Company is agreeing to provide you the benefits set forth in the preceding paragraph based on such representation. You further agree to submit, upon the Company’s request, to a medical examination for purposes of the Company’s obtaining insurance to fund its obligations under the preceding paragraph, provided that the Company’s failure to obtain such insurance shall have no effect on such obligations. |
(Quintiles Transnational Corp. Logo)
| Greeff – Amendment Employment Agreement Ltr. | ||
| December 5, 2003 | ||
| Page 2 | ||
| Please confirm that this conforms to your understanding of our agreement by signing below. | ||
| Sincerely yours, | ||
 | ||
| Michael Mortimer | ||
| Executive Vice President, Global Human Resources | ||
| Agreed to and Accepted by: |
 | 12/06/03 | ||
| Oppel Greeff | Date |