EX-10.1
from 8-K
4 pages
This Letter Outlines the Key Terms of Your Employment by the Company. Your Employment by the Company Is “At Will,” Which Means That It Is Not for Any Specified Period of Time and Either You or the Company Can Terminate Your Employment at Any Time and for Any Reason, With or Without Cause (As Defined Below). This Offer Is Contingent on Our Satisfactory Completion of Standard Background Checks and Also on Your Successfully Passing a Pre-Employment Drug and Alcohol Screening Test, as Well as Proof of Your Eligibility to Legally Work in the United States at the Commencement of Your Employment. This Offer Will Be Null and Void Ab Initio if You Do Not Commence Employment With the Company on the Start Date Set Forth Below. Position / Title: General Counsel Reports To: John Foraker, Chief Executive Officer Start Date: April 1, 2013 Annual Base Salary: $250,000 (Full-Time), Payable in Accordance With the Company’s Normal Payroll Policies. Your Base Salary Will Be Reviewed Upon the Anniversary Date of Your Hire. Classification: You Will Be Classified as an “Exempt” Employee, Which Means You Will Be Paid on a Salary Basis and You Will Not Be Entitled to Overtime Pay
12/34/56