Sample Business Contracts

Employment Agreement - Topps Co. Inc. and Arthur T. Shorin

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

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May __, 1997

Mr. Arthur T. Shorin
400 East 56th Street
New York, New York  10022

Dear Mr. Shorin:

The Topps Company, Inc. (the "Company") hereby agrees with you to the following
amendment (the "Amendment") to your Employment Agreement with the Company,
dated as of October 28, 1991, as amended on May 18, 1994, May 19, 1995 and 
May 22, 1996 (the "Agreement").

This will confirm your consent (i) to the limited waiver of the 10% increase in
the annual base salary to be paid to you pursuant to section 5(a) of the
Agreement for your services rendered during the Company's fiscal year ending
February 28, 1998 only, and (ii) to a target annual bonus opportunity of 20% of
annual base salary for the Company's fiscal year ending February 28, 1998 only.

The amendments set forth herein shall be limited  precisely as written and 
shall not be deemed to be a modification or waiver of any right or remedy which 
the parties hereto may not have or may have in the future under or in 
connection with the Agreement, including, without limitation, the right to have 
all termination payments required to be made under Section 7 of the Agreement
calculated to include all salary increases required to have been provided under
the terms of the Agreement, without regard to the limited waivers of such
increases made by the amendments to the Agreement dated May 18, 1994, May 19,
1995 and May 22, 1996.  Except as provided herein, the Agreement shall remain 
unchanged and in full force and effect.  This Amendment may be executed in
counterparts, which taken together shall constitute one and the same amendatory

Mr. Arthur T. Shorin

May- ,1997
Page 2

This Amendment shall be governed by and construed and enforced in accordance
with the laws of the State of New York.

Very truly yours,


By:________________________                 ______________________
         Catherine Jessup                   Arthur T. Shorin
         Vice President-Chief
           Financial Officer