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Employment Agreement Sample 2

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Employment Agreement Sample 2 Page 2
Employment Agreement Sample 2
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D. Place and Hours of Employment
Employee agrees that their duties shall be primarily rendered at Employer’s business premises or
at such other places as the Employer shall in good faith require. Full time service for the
Employee is expected which requires a minimum of hours per week, exclusive of
vacation, or any other form of leave as described within this Agreement.
3. PERFORMANCE TERMS
Based on representations made by the Employee, as well as expectations of the Employer, the
following performance terms are entered into: [See attachment “A”]
The Employee understands that failure to reach said benchmarks or performance terms may
result in reassignment, demotion or termination. Employee further understands that reaching
these benchmarks or performance terms constitutes a reasonable and substantial condition of
employment but does not in any way guarantee or promise continued employment.
4. COMPENSATION TERMS
A. Base Compensation
Employee shall receive a [salary/wage] of per [hour/week/month] payable in equal
installments on the [15th and last day] of each month. Employer shall deduct or withhold from
compensation any and all sums required for federal income and social security taxes, as well as
all state or local taxes now applicable or that may become applicable to Employee or Employer
in the future.
B. Commission
[As additional compensation for services to be rendered under this Agreement Employee shall be
entitled to a commission income on the following basis:
[In the event that Employee receives an advance on commissions from Employer, any amounts
so advanced shall be considered a “draw” and shall be deducted from any commissions earned in
the future.][Also, place into here any specific language as to when a commission is “earned” and
the effect of employee termination on pending deals:]
Employment Agreement Sample 2