EMPLOYMENT AGREEMENT
BETWEEN:
^EMPLOYEE NAME^ (the "Employee"), put name here
AND: Power Delivery Services. US office: 1139 East Jersey Street, Elizabeth, NJ, 07201
Recitals In consideration of the covenants and agreements herein contained and the money to be paid hereunder, the Company hereby employs the Employee and the Employee hereby agrees to perform services as an employee of the Company on an “at will” basis, upon the following terms and conditions:
1. Subject of the Agreement. According to the present Agreement the Company hereby engages the Employee and the Employee is obliged to perform the services set forth herein. The Employee hereby accepts such engagement and undersigns to act to the interests of the Company while the present Agreement is in force and to receive compensation for his services.
2. Terms of Employment. Subject to the provisions for termination set forth below this agreement will begin on the date signed, unless sooner terminated.
3. Salary. The starting base salary begins from $3,100.00 (depending on Employee Plan: A+B), which is paid to the employee in accordance with the standard payroll procedures of the Company. The total salary is calculated the following way: the base salary for completion of 50 shipments per working period (plan A) + $25.00 per each package shipped out over 50 packages during the same working period (plan B). Consequently the total salary for the position offered can comprise over $5,000.00 per working period. The working period is 30 days (1 month). The first working day of the working period is the date of the first shipment. The first payment is done after completion of the first working period. The payment for the first working period is done by a paycheck sent the next business day after completion the working period via USPS and delivered to the employee within 3-5 business days. The next payments are done every 2 weeks by a pay check or by regular wire transfer payment to his/her bank account depending on the employee’s choice.
All the necessary instructions and details are provided during the working process.
4. Reimbursement of Expenses. The Employee may incur reasonable expenses for furthering the Company’s business, including expenses for entertainment, travel, and similar items. The Company shall reimburse Employee for all business expenses after the Employee presents an itemized report of expenditures, pursuant to Company policy.
5. Employee to Devote Part-Time to Company. The Employee will devote his time (over 8 hours per week), attention, and energies to the business of the Company, and during this employment will not engage in any other similar business activity, regardless of whether such activity is pursued for profit, gain, or other pecuniary advantage. Employee is not prohibited from making personal investments into any other businesses provided those investments do not require active involvement in the operation of such companies.
6. Confidentiality of Proprietary Information. Employee agrees, during or after the term of this employment, not to reveal confidential information, or trade secrets to any person, firm, corporation, or entity. Should Employee reveal or threaten to reveal this information, the Company shall be entitled to an injunction restraining the Employee from disclosing, or from rendering any services to any entity to whom such information has been or is threatened to be disclosed, the right to secure an injunction is not exclusive, and the Company may pursue any other remedies it has against the Employee for a breach or a threaten of a breach of this condition, including recovery of damage caused by Employee.
7. Withholdings. All the amounts payable to Employee under this Agreement will be reduced by all federal, state, local and other withholdings and similar taxes and payments required by applicable law.
We reserve the right to withhold a part of Employee’s payroll which is $100 (per package) for shipping delays more than 48h since the package and the label with instructions were received excluding weekends as well as $500 (per package) for not shipping the packages for more than 96h.
If case if we don’t get a feedback from the Employee during working time (Mon-Fri 9am-6pm local time) either by an e-mail or a phone for longer than 1 hour we will give a warning for the first time. If it happens again the Employee will be fined at the amount of $100. The result of the next similar case will be a dismissal without notice with a return of all packages that are in the Employee’s possession.
8. Vacation. The Employee shall be entitled to a 3 weeks vacation per year at full pay.
9. Disability. In the event the Employee cannot perform his duties because of illness or incapacity for a period of more than 5 days, the compensation during his illness or incapacity will be reduced by the Company (20 percent). The Employee’s full compensation will be reinstated upon return to work. However, if the Employee is absent from work for any reason for more than 2 months, the Company may terminate the Employee’s employment, and the Company’s obligations under this agreement will cease on that date.
10. Termination of Agreement. In case of the Employee’s intention to quit, he is to notify the Company about this not later than 2 weeks in advance. Otherwise the Company retains the right to deduce salary amount to be paid and/or eliminate bonuses.
The Company may terminate this agreement at any time by any reason upon 5 days written notice to the Employee. By the Company request the Employee will continue to perform his duties and may be paid his regular salary up to the date of termination. Employee may be required to perform his duties and will be paid the regular salary up to date of termination but shall not receive severance allowance. Notwithstanding anything to the contrary contained in this agreement, the Company may terminate the Employee’s employment upon 5 days notice to the Employee should any of the following events occur:
(a) The sale of substantially all of the Company’s assets to a single purchaser or group of associated purchasers; or
(b) The sale, exchange, or other disposition, in one transaction of the majority of the Company’s outstanding corporate shares; or
(c) The Company’s decision to terminate its business and liquidate its assets;
(d) The merger or consolidation of the Company with another company.
(e) Bankruptcy or chapter 11 reorganization.
11. Death Benefit. Should Employee die during the term of employment, the Company shall pay to Employee’s heir any compensation due through the end of the working period in which death occurred.
12. Restriction on Post Employment Compensation. For a period of 3 years after the end of employment, the Employee shall not control, consult to or be employed by any business similar to that conducted by the company, either by using any of its accounts or by operating within Employer’s general trading area.
13. Assistance in Litigation. Employee shall upon reasonable notice, furnish such information and proper assistance to the Company as it may be reasonably required in connection with any litigation in which it is, or may become, a party either during or after employment.
14. Effect of Prior Agreements. This Agreement supersedes any prior agreement between the Company or any predecessor of the Company and the Employee, except that this agreement shall not affect or operate to reduce any benefit or compensation inuring to the Employee of a kind elsewhere provided and not expressly provided in this agreement.
15. Settlement by Arbitration. Any claim or controversy that arises out of or relates to this agreement, or the breach of it, shall be settled by arbitration in accordance with the rules of the US Arbitration Association. Judgment upon the award rendered may be entered in any court with jurisdiction.
16. Limited Effect of Waiver by Company. Should Company waive breach of any provision of this agreement by the Employee, that waiver will not operate or be construed as a waiver of further breach by the Employee.
17. Severability. If, for any reason, any provision of this agreement is held invalid, all other provisions of this agreement shall remain in effect. If this agreement is held invalid or cannot be enforced, then to the full extent permitted by law any prior agreement between the Company (or any predecessor thereof) and the Employee shall be deemed reinstated as if this agreement had not been executed.
18. Assumption of Agreement by Company’s Successors and Assignees. The Company’s rights and obligations under this agreement will inure to the benefit and be binding upon the Company’s successors and assignees.
19. Oral Modifications Not Binding. This instrument is the entire agreement of the Company and the Employee. Oral changes have no effect. It may be altered only by a written agreement signed by the party against whom enforcement of any waiver, change, modification, extension, or discharge is sought.
Signed this day of 18 July 2017
Company Signature Employee Signature – YOUR SIGNATURE HERE^^^
COMPANY ADDRESS:
EMPLOYEE ADDRESS:
Power Delivery Services.
US office:
1139 East Jersey Street, Elizabeth, NJ, 07201
Put your current address here
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