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Employment Agreement

 

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Title:

Employment Agreement

Entities:

ICT Group, Inc.

Date:

2003

Size:

Preview shows 4KB of 24KB total

Price:

$41

ID:

#981104

 

 


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                              EMPLOYMENT AGREEMENT


THIS AGREEMENT, made as of March 1, 2003 by and between ICT GROUP,
INC., a Pennsylvania corporation (hereinafter called "Company"), and John
Campbell an individual (hereinafter called "Employee").

WITNESSETH

Employee is currently employed by Company and Company wishes to
continue to employ Employee, and Employee wishes to continue to be in the employ
of Company, on the terms and conditions contained in this Agreement.

NOW, THEREFORE, in consideration of the facts, mutual promises and
covenants contained herein and intending to be legally bound hereby, Company and
Employee agree as follows:

1. Employment. Company hereby employs Employee as Executive Vice
President Corporate Sales and Employee hereby accepts employment by Company for
the period of time and upon the terms, conditions and restrictions contained in
this Agreement.

2. Duties and Responsibilities.

(a) Employee agrees to assume such duties and responsibilities
normally associated with the position indicated above, and as may be assigned to
Employee by the Chief Executive Officer or President of Company from time to
time. Employee shall perform any other duties reasonably required by Company
and, if requested by Company, shall serve as an officer or director of Company
without additional compensation.

(b) Throughout the term of this Agreement, Employee shall devote
Employee's entire working time, energy, skill and best efforts to the
performance of Employee's duties hereunder in a manner which will faithfully and
diligently further the business and interest of Company. During the term of this
Agreement, Employee may not, directly or indirectly, do any work for any other
company.

3. Term. This Agreement shall be for a term of one (1) year,
commencing on March 1, 2003, and ending on February 24, 2004, unless sooner
terminated as hereinafter provided. Unless either party elects to terminate this
Agreement at the end of the original or any renewal term by giving the other
party written notice of such election

Page 1 of 9

<PAGE>

at least ninety (90) days before the expiration of the then current term, this
Agreement shall be deemed to have been renewed for an additional term of one (1)
year commencing on the day after the expiration of the current term, unless
sooner terminated as hereinafter provided.

4. Compensation.

(a) For all of the service rendered by Employee to Company,
Employee shall receive a weekly salary in the gross amount of $4134.61 less
taxes and other deductions required by law, payable in reasonable periodic
installments in accordance with Company's regular payroll practices in effect
from time to time. The Employee's salary shall be reviewed by the Company
annually.

(b) In addition to Employee's base salary, Company may pay Employee
from time to time such bonuses, commissions or other additional compensation as
Company may determine in its sole discretion.

(c) Throughout the term of this Agreement, Employee shall be
eligible to participate in Company's insurance and other benefit plans and
programs subject to their terms, conditions and restrictions. Nothing herein
shall preclude Company from modifying or terminating any insurance or other
benefit plan or program.

(d) Employee shall accrue vacation pay at a rate of 1.75 days per
full-month of employment.

(e) Employee will not receive any remuneration or any other benefit
from any client or any other company or individual in connection with any
transaction in which Company is involved, directly or indirectly. Nor will

 

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