Home

Intelligence

Services

Subscriptions

News

About Us

Sign In

 

Document Preview

Employment Agreement

 

Click "Add to Cart" button to purchase document. 
Documents are emailed immediately after purchase. 
You can also browse documents by
title, category, or company... or click here for help finding documents.

 

Title:

Employment Agreement

Entities:

Fresh America Corp.

Date:

2001

Size:

Preview shows 5KB of 25KB total

Price:

$42

ID:

#1169426

 

 


► Retail ► Grocery

 

 

Start of Preview


                               EMPLOYMENT AGREEMENT


This EMPLOYMENT AGREEMENT ("Agreement") is made and entered into as of
September 5, 2001, by and between FRESH AMERICA CORP., a Texas corporation
("Company"), and Colon Washburn an individual resident of the State of Arkansas
("Employee").

R E C I T A L S

WHEREAS, Company desires to obtain the services of Employee upon the terms
and conditions set forth herein; and

WHEREAS, Employee desires to be employed by Company upon the terms and
conditions set forth herein; and

WHEREAS, Company believes that the retention of Employee in employment with
Company is critical to the success of Company;

NOW, THEREFORE, for and in consideration of the mutual agreements herein
contained, and for other good and valuable consideration, the receipt and legal
sufficiency of which are hereby acknowledged, Company and Employee hereby agree
as follows:

ARTICLE I.

Section 1.01. Employment. Company hereby agrees to employ Employee in the
----------
capacity of Executive Consultant and Employee agrees to be employed by Company
in such capacity, for a period and time commitment described below, unless
terminated earlier as provided in Article III.

Section 1.02. Term of Employment ("Term").
---------------------------

Company shall employ Employee for one (1) year (the Term"), subject to
renewal for successive one-year periods thereafter for up to three (3) years.
Renewal shall be automatic unless if either party gives notice thirty (30) days
prior to the expiration of the Term.

Section 1.03. Duties. Employee shall be subject to the direction and
------
supervision of Company and shall have those duties and responsibilities
consistent with the position in which he/she is employed. During the Term,
Employee agrees to perform the duties assigned to the best of Employee's ability
and to devote Employee's full professional working time, attention, and energies
to the transaction of Company's business so as to further its best interests.
During the Term, Employee shall not be employed or otherwise engaged in any
other business or enterprise without the written permission of Company. The
Company understands that the Employee is authorized to continue the business
relationships already in existence and any new consulting or part-time
employment arrangements as may arise. Employee shall comply with all existing
policies, standards, and regulations of Company and hereafter as agreed and
adopted by

1
<PAGE>

the Executive Committee. Employee agrees that, during the Term, Employee shall
refrain from making disparaging remarks to third parties about Company or any
affiliate of Company.

ARTICLE II.

Section 2.01. Compensation.
------------

(a) Salary. During the Term, as compensation for services rendered
------
hereunder and in consideration of this Agreement, the Company shall pay
Employee a salary, in accordance with the Company's then-prevailing payroll
practices, at the annual rate of $150,000. Employee's base salary shall be
subject to review and modification from time to time by Employer but may
not be decreased during the term of this Agreement.


(b) Benefits. During the Term, as additional compensation, Employee
--------
shall be entitled to participate in and receive all benefits under any
welfare benefit plan or program (including, without limitation, medical,
dental, disability, group life, including accidental death and
dismemberment, and business travel insurance plans and programs), any
retirement savings plan or program (including, without limitation, 401(k)
and pension plans), and such other perquisites of office (including,
without limitation, paid vacation and holidays) as the Company may, from
time to time and in its sole discretion, make available generally to

 

End of Preview

 

Home        Intelligence        Services        Subscriptions        News        About Us

Contact Us       Terms of Use       Resend Documents       Shopping Cart

Copyright © 2008 The Consus Group LLC