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Document Preview Employment Agreement |
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Title: |
Employment Agreement |
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Date: |
2003 |
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Size: |
Preview shows 3KB of 10KB total |
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Price: |
$31 |
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ID: |
#1498418 |
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This Employment Agreement ("Agreement") is made and effective this tenth day of December, 2003, by and between White Knight SST, Inc. (formerly Centrics Holdings Corporation; formerly Numed Home Health Care, Inc.) ("White Knight" or the "Company") and John Stanton ("Mr. Stanton").
NOW, THEREFORE, the parties hereto agree as follows:
1) Employment. Company hereby agrees to employ Mr. Stanton as its Chief Executive Officer and Mr. Stanton hereby accepts such employment in accordance with the terms of this Agreement and the terms of employment applicable to regular employees of White Knight. In the event of any conflict or ambiguity between the terms of this Agreement and terms of employment applicable to regular employees, the terms of this Agreement shall control.
2) Duties of Mr. Stanton. The duties of Mr. Stanton shall include the performance of all of the duties typical of the office held by Mr. Stanton as described in the bylaws of the Company and such other duties and projects as may be assigned by a superior officer of the Company, if any, or the board of directors of the Company. Mr. Stanton shall devote his entire productive time, ability and attention to the business of the Company and shall perform all duties in a professional, ethical and businesslike manner. Mr. Stanton will not, during the term of this Agreement, directly or indirectly engage in any other business, either as an employee, employer, consultant, principal, officer, director, advisor, or in any other capacity, either with or without compensation, without the prior written consent of the Company.
3) Compensation. Mr. Stanton will be paid compensation during this Agreement as follows:
a) Base Salary. A base salary as determined by the Board of Directors, payable in installments according to the Company's regular payroll schedule. The base salary shall be adjusted at the end of each year of employment at the discretion of the Board of Directors.
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