Sample Business Contracts

Employment Agreement - Medical Manager Corp. and Marvin P. Rich

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.
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                           MEDICAL MANAGER CORPORATION
                            669 RIVER DRIVE, CENTER 2
                       ELMWOOD PARK, NEW JERSEY 07407-1361


                                                              September 11, 2000


Mr. Marvin P. Rich
c/o Medical Manager Corporation
669 River Drive, Center 2
Elmwood Park, New Jersey  07407-1361

Dear Marv:

         Reference is made to the Amended and Restated Employment Agreement
dated as of June 18, 2000 (the "Employment Agreement"), by and between Medical
Manager Corporation, a Delaware corporation, CareInsite, Inc., a Delaware
corporation, and you.

         The first sentence of Section 5.3(a)(iv) of the Employment Agreement is
hereby amended to delete the words "and remain exercisable until the first
anniversary of the date of termination" and replace them with "and remain
exercisable until such options would otherwise expire under the terms thereof".

         The foregoing amendment to the Employment Agreement shall be effective
as of the date hereof. All other provisions of the Employment Agreement shall
continue in full force and effect.

                                    MEDICAL MANAGER CORPORATION

                                    By:      /s/ Charles Mele
                                       -----------------------------------------
                                             Name:  Charles A. Mele
                                             Title: Executive Vice President -
                                                    General Counsel

Accepted and Agreed:


/s/ Marvin P. Rich                  CAREINSITE, INC.
---------------------------
Marvin P. Rich

                                    By:      /s/ David C. Amburgey
                                       -----------------------------------------
                                             Name:  David C. Amburgey
                                             Title: SVP - General Counsel