AT-WILL EXECUTIVE EMPLOYMENT AGREEMENT THIS AT-WILL EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of [DATE] by and between ____________________ (the “Employer” or the “Company”) and ___________________ (the “Executive”). Recitals WHEREAS, Employer wishes to hire Executive on the terms and conditions of this Agreement; WHEREAS, Executive wishes to work for Employer as provided on terms and conditions of this Agreement; NOW THEREFORE, in consideration of the mutual promises, covenants, warranties, and other good and valuable consideration as set forth herein, Employer and Executive hereby agree as follows: Terms DESCRIPTION OF DUTIES A. Name of Position. The Executive shall be employed in the capacity of: [NAME OF POSITION]. Essential Job Functions and Duties. The essential job functions or duties of this position are as follows: [DESCRIBE ESSENTIAL JOB FUNCTIONS]. Duty of Loyalty and Best Efforts. The Executive shall devote the Executive's best efforts and substantially all of the Executive's working time to performing the duties on behalf of Employer.
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COMPENSATION A. Base Compensation. Executive shall receive a [SALARY/WAGE] of per [HOUR/WEEK/MONTH] payable in equal installments on the [DATE] 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. Commission. As additional compensation for services to be rendered under this Agreement, Executive shall be entitled to a commission income on the following basis: _____________________________________________. Incentive Compensation. As additional compensation to provide incentives for Executive to extend his/her best efforts to work to increase the profits of the Company, Executive shall be eligible to receive incentive compensation in accordance with the terms and conditions of the Company's Senior Executive Incentive Compensation Plan (the "Plan"), as the Plan has been established by the Company and as it may be revised from time to time. A copy of the Plan shall be
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