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Sample Business Contracts

Employment Agreement - Trump Hotels & Casino Resorts Inc., Trump Hotels & Casino Resorts Holdings LP and Trump Atlantic City Associates and Francis X. McCarthy Jr.

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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January 9, 2003

Francis X. McCarthy, Jr.
[ADDRESS]

Re:

Employment Agreement dated April 17, 2000 between Francis X. McCarthy, Jr. and Trump Hotels & Casino Resorts, Inc., Trump Hotels & Casino Resorts Holdings, L.P. and Trump Atlantic City Associates (collectively “Trump”) (the “Agreement”)

Dear Mr. McCarthy:

This letter will confirm that the Agreement is hereby amended as set forth below:

1.

the Expiration Date is extended to December 31, 2006;

 

 

2.

paragraph 2 is amended to reflect the annual base salary of $400,000; and

 

 

3.

paragraph 3 is amended to state that commencing January 1, 2004 the annual salary shall be increased at a rate not less than 5% per annum.

Except to the extent modified herein, you and Trump hereby ratify the Agreement and agree that all other terms, conditions and obligations contained therein remain in full force and effect as stated in the Agreement.

 

Very truly yours,

 

 

 

/s/ MARK A. BROWN

 

 


 

 

MARK A. BROWN

 

 

Chief Operating Officer

 

 

 

Agreed and Consented to:

 

 

 

/s/ FRANCIS X. MCCARTHY

 

 


 

 

Francis X. McCarthy, Jr.

 

 

 

1/13/03
Date