Sample Business Contracts

Employment Agreement - Recrusoft Inc. and Jean Lavigueur

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.
  • More Employment Agreements

Sponsored Links

EMPLOYMENT AGREEMENT entered into in Montreal (Quebec) as of April 30, 1999 by

between:                   RECRUSOFT INC., a company incorporated under the laws
                           of the province of Quebec, having its head office at
                           390, St-Vallier East, Suite 401, Quebec (Quebec) G1K
                           3P6, represented hereunder by Mr. Martin Ouellet, its
                           President, duly authorized as he so declares ;

                           (" Recrusoft ")

and:                       JEAN LAVIGUEUR, domiciled and residing at 1305,
                           Esioff-Patenaude, Sillery (Quebec) G1T 2J7 ;

                           (the " Employee ")


1.1      The Employee will serve in the position of Chief Financial Officer of
         Recrusoft. The Employee will assume and discharge such responsibilities
         as are commensurate with such position and as the Board of Directors of
         Recrusoft may direct. During the term of his employment, the Employee
         shall devote his full time, skill and attention to his duties and
         responsibilities, shall perform them faithfully, diligently and
         competently and shall use his best efforts to further the business of
         Recrusoft. In addition, the Employee shall comply with and be bound by
         the operating policies, procedures and practices of Recrusoft, in
         effect from time to time during his employment.


2.1      The Employee agrees that his employment with Recrusoft is for an
         unspecified duration that constitutes at-will employment, and that
         either the Employee or Recrusoft can terminate this relationship at any
         time, with or without cause. However, in the event of any involuntary
         termination of the employment of the Employee employment other than for
         cause (as defined herein), the Employee shall be entitled to the
         severance compensation set forth in section 8 hereof.

Employment Agreement - Jean Lavigueur                                     Page 1



3.1      In consideration of the Employee's services, effective September 1st,
         1999, the Employee will be paid a base salary of one hundred thousand
         dollars, in Canadian Funds, (CDN$100,000) per year, payable
         twice-monthly in accordance with Recrusoft's standard payroll
         practices. As with other managers of Recrusoft, the Employee's base
         salary will be reviewed annually by the Board of Directors of
         Recrusoft, as appropriate.


4.1      The Employee will be entitled to receive the standard employee benefits
         made available by Recrusoft to its employees and managers to the full
         extent of his eligibility therefore. The Employee shall be entitled to
         three (3) weeks of paid vacation per year (which shall be consistent
         with Recrusoft's vacation policy, if any, and with a maximum of six (6)
         weeks to carry over to the next year). During his employment, the
         Employee shall be permitted, to the extent eligible, to participate in
         any group medical, dental, life insurance and disability insurance
         plans, or similar benefit plan of Recrusoft that is available to other
         comparable employees. Participation in any such plan shall be
         consistent with the Employee's rate of compensation to the extent that
         compensation is a determinative factor with respect to coverage under
         any such plan.

4.2      Recrusoft shall reimburse the Employee for all reasonable business
         expenses actually incurred or paid by the Employee in the performance
         of his services on behalf of Recrusoft, in accordance with Recrusoft's
         expense reimbursement policy, if any, as from time to time in effect.


5.1      Recrusoft hereby acknowledges having granted to the Employee an option
         to purchase an aggregate of two hundred and ninety-four thousand
         (294,000) class A common shares of the capital stock of ViaSite Inc.
         ("ViaSite"), Recrusoft's parent company, subject to the terms and
         conditions of ViaSite's Stock Option Plan, to be attached hereto as
         Schedule A. The terms of the Employee's Stock Option Agreement will
         provide that the exercise price of his option will be equal to
         forty-two and fifty-two hundredth cents, in Canadian funds,
         (CDN$0.4252) per option share and will have a term of five (5) years so
         long as the Employee remains employed with Recrusoft. In the event that
         the employment of the Employee with Recrusoft terminates (as provided
         for in sub-paragraph 8.1.2 hereof), the Employee will have up to
         forty-five (45) days to exercise the option, after which period the
         option, if unexercised, will terminate. The option shares will vest and
         become exercisable at one twenty-fourth (1/24) per month from the date
         of grant over two (2) years based on the Employee continued employment
         with Recrusoft. The Employee agrees that neither the grant of the
         option nor the

Employment Agreement - Jean Lavigueur                                     Page 2


         vesting schedule thereunder constitutes a guarantee of continued
         employment and that the employment of the Employee may be terminated by
         the Employee or Recrusoft at any time pursuant to section 2 hereof.


6.1      The Employee agrees that his employment is contingent upon his
         execution and delivery to Recrusoft of the Non-Competition,
         Confidentiality and Invention Assignment Agreement attached hereto as
         Schedule B.


7.1      The Employee agrees that, during the term of his employment with
         Recrusoft, he will not engage in any other employment, occupation,
         consulting or other business activity related to the business in which
         Recrusoft is now involved or becomes involved during the term of his
         employment, nor will he engage in any other activities that conflict
         with his obligations to Recrusoft.


8.1      In the event that the Employee employment with Recrusoft is
         involuntarily terminated other than "for cause" (as defined herein):

         8.1.1    the Employee shall be entitled to a severance payment equal to
                  six (6) months of the Employee's then current base salary as
                  set forth in section 3 herein, such amount to be payable in
                  equal monthly instalments, plus continued participation in
                  Recrusoft's group medical, dental and life insurance coverage,
                  if any, for six (6) months; and

         8.1.2    the vesting of the option to purchase ViaSite class A common
                  shares as set forth in section 5 herein shall, at the
                  Employee's option, either (i) be accelerated in full so that
                  all unvested shares are exercisable, provided that the
                  Employee must exercise such option within forty-five (45) days
                  after such termination of employment, or (ii) continue to vest
                  for the remainder of the two-year vesting period during which
                  time the Employee shall serve as a consultant to Recrusoft.

8.2      For purposes of the foregoing, termination "for cause" shall mean (i)
         the wilful failure by the Employee substantially to perform his
         material duties after a written demand for substantial performance is
         delivered to the Employee by the Board of Directors of Recrusoft which
         specifically identifies the manner in which Recrusoft believes that the
         Employee has not substantially performed his duties and the Employee
         fails to rectify the deficiency within a sixty (60) day period, (ii)
         the failure (in any material respect) by the Employee to follow
         reasonable policies or directives established by the Board of Directors
         of Recrusoft after written

Employment Agreement - Jean Lavigueur                                     Page 3


         notice to the Employee by the Board of Directors of Recrusoft that the
         Employee is not following such policies or directives and the Employee
         fails to rectify the deficiency within a sixty (60) day period, (iii)
         conduct that is materially detrimental to Recrusoft and the Employee
         fails to rectify such deficiency within a sixty (60) days of having
         received written notice from Recrusoft regarding the same, (iv) the
         conviction of the Employee of any crime involving the property or
         business of Recrusoft or (v) the non-compliance by the Employee with
         his non-competition obligations under the Agreement referred to in
         section 6 above.

8.3      If the Employee employment is terminated for cause or if the Employee
         resigns his employment voluntarily, no compensation or other payments
         will be paid or provided to the Employee for any period following the
         date when such a termination of employment is effective and the vesting
         of any stock option to purchase ViaSite class A common shares shall
         cease on the date of such termination of employment as provided in the
         ViaSite Stock Option Plan and related Stock Option Agreement, and any
         rights the Employee may have under any benefit plans of Recrusoft shall
         be determined under the provisions of those plans. If the employment of
         the Employee terminates as a result of his death or disability, no
         compensation or payments will be made to the Employee other than those
         to which the Employee is otherwise entitled under applicable benefit
         plans, if any, of Recrusoft.


9.1      This Agreement will be governed by the laws of the Province of Quebec,
         Canada, applicable to Agreements made and to be performed entirely
         within such province.

9.2      This Agreement sets forth the entire Agreement and understanding
         between Recrusoft and the Employee relating to his employment and
         supersedes all prior verbal discussions between them. Any subsequent
         change or changes in the Employee duties, salary or compensation will
         not affect the validity or scope of this Agreement.

9.3      If one or more of the provisions in this Agreement are deemed void by
         law, then the remaining provisions will continue in full force and

9.4      This Agreement will be binding upon the Employee's heirs, executors,
         administrators and other legal representatives and will be for the
         benefit of Recrusoft and its successors and assigns.

9.5      The Employee warrants that there is no Agreement between him and any
         other party that would conflict with his obligations under this
         Agreement or otherwise as an employee of Recrusoft.

Employment Agreement - Jean Lavigueur                                     Page 4


9.6      The parties hereby acknowledge that it is their express desire that
         this Agreement be prepared in the English language; les parties
         reconnaissent qu'il est de leur volonte expresse que la presente
         convention soit redigee en langue anglaise.

         IN WITNESS WHEREOF, the parties hereto have executed this Employment
Agreement at the place and as of the date first written above.

                                            RECRUSOFT INC.

                                            by: /s/ Martin Ouellet

                                            /s/ Jean Lavigueur
                                            JEAN LAVIGUEUR

Employment Agreement - Jean Lavigueur                                     Page 5