英文雇佣合同.docx

英文雇佣合同.docx

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英文雇佣合同

THISEMPLOYMENTAGREEMENT（theEmploymentAgreement）,datedasofthis_________,_________,_________（M/D/Y）,isenteredintobyandamongAAACorporation（theCompanyorEmployer）andBBB（Executive）.Inconsiderationofthemutualcovenantsandagr

　　THISEMPLOYMENTAGREEMENT（the"EmploymentAgreement"）,datedasofthis_________,_________,_________（M/D/Y）,isenteredintobyandamongAAACorporation（the"Company"or"Employer"）andBBB（"Executive"）.Inconsiderationofthemutualcovenantsandagreementshereinaftersetforth,thepartiesagreeasfollows:

　　1.EMPLOYMENT.

　　1.1.POSITION.DuringtheEmploymentTerm（ashereinafterdefined）andsubjecttothetermsandconditionssetforthherein,theCompanyagreestoemployExecutiveasitsChiefExecutiveOfficerreportingtotheBoardofDirectorsoftheCompany.

　　1.2.DUTIES.Executiveshalldiligently,andtothebestofhisability,performallsuchdutiesincidenttohispositionsandusehisbesteffortstopromotethebestinterestsoftheCompany.

　　1.3.TIMETOBEDEVOTEDTOEMPLOYMENT.DuringtheEmploymentTerm,ExecutiveshalldevotehisfulltimeandenergytothebusinessoftheCompanyandshallnotbeengagedinanycompetitivebusinessactivitywithouttheexpresswrittenconsentoftheCompany.ExecutiveherebyrepresentsthatheisnotapartytoanyagreementwhichwouldbeanimpedimenttoenteringintothisEmploymentAgreementandthatheispermittedtoenterintothisEmploymentAgreementandperformhisobligationshereunder.

　　2.COMPENSATIONANDBENEFITS.

　　2.1.ANNUALSALARY.InconsiderationofandascompensationfortheservicesagreedtobeperformedbyExecutivehereunder,theCompanyagreestopayExecutivecommencingontheEffectiveDateastartingannualbasesalaryof_________dollars（$_________）,payableinaccordancewiththeCompany'sregularpayrollschedule（"BaseSalary"）,lessapplicablewithholdingsanddeductions.TheBaseSalarywillbesubjecttoincreaseatthesolediscretionoftheBoardofDirectorsoftheCompany.

　　2.2.PERFORMANCEBONUS.ExecutiveshallbeentitledtobonusesinaccordancewiththeCompanybonusplanforCompanyofficerstobeestablishedandimplementedbytheBoardofDirectorsoftheCompanypayableinaccordancewiththeCompany'sstandardpolicy,providedthatExecutiveshallbeentitledtoaguaranteedminimumannualbonusof$_________（the"GuaranteedBonus"）duringtheEmploymentTerm.TheCompanywilldeductandwithholdfromanybonuspayabletoExecutivehereunderanyandallapplicableFederal,stateandlocalincomeandemploymentwithholdingtaxesandanyotheramountsrequiredtobedeductedorwithheldbytheCompanyunderapplicablestatuteorregulation.

　　2.3.PARTICIPATIONINBENEFITPLANS.DuringtheEmploymentTerm,Executiveshallbeentitledtoparticipateinanypension,groupinsurance,Section401（k）,vision,dental,medicalhospitalization,annualphysical,disabilityorothersimilarbenefitplan,totheextentpermittedbylaw,thatmayfromtimetotimebeadoptedbytheBoardofDirectorsoftheCompany,thatisgenerallyavailabletotheotherexecutiveofficersoftheCompany.TheCompanyreservestherighttoamend,modifyorterminateanyemployeebenefitsatanytimeforanyreason.UntilsuchtimeastheCompany'smedicalplansareinplace,theCompanyshallreimburseExecutive'scostincontinuinghisexistingmedicalinsurancecoverageunderCOBRA.

　　2.4.REIMBURSEMENTOFEXPENSES;MOVINGEXPENSES.TheCompanyshallreimburseExecutiveforallreasonablebusinessexpensesincurredbyExecutiveonbehalfoftheCompanyduringtheEmploymentTerm,providedthat:

（i）suchreasonableexpensesareordinaryandnecessarybusinessexpensesincurredonbehalfoftheCompany,and（ii）ExecutiveprovidestheCompanywithitemizedaccounts,receiptsandotherdocumentationforsuchexpensesasarereasonablyrequiredbytheCompany.TheCompanyshallalsoreimburseExecutiveforrelocationexpensesincurredwithinsixmonthsofthedatehereofinconnectionwithExecutive'srelocationtotheNewYorkCityarea（includingtherealestatecommissiononthesaleofExecutive'scurrenthome）.

　　2.5.VACATION.DuringtheEmploymentTerm,Executivewillbeentitledtofive（5）weeksofpaidvacationperannum.

　　3.EMPLOYMENTTERM.

　　3.1.EMPLOYMENTTERM.The"EmploymentTerm"meanstheperiodcommencingontheclosingoftheCompany'sfirstequityfinancingwhichyieldsproceedstotheCompanyinexcessof$5million（the"EffectiveDate"）andterminatingontheearlieroffive（5）yearsfromtheEffectiveDateorassetforthinSection4.1.

　　3.2.NOTICEOFRENEWAL.Atleastsixty（60）dayspriortothenaturalexpirationoftheinitialEmploymentTermofthisEmploymentAgreementandsixty（60）dayspriortoeachone-yearanniversarythereafter,ifapplicable,theCompanyshallgiveExecutivewrittennoticeofwhethert