EX-10.71
from 10-K
6 pages
1.term and Location. the Company Shall Employ Employee Hereunder for a Three (3) Year Term Commencing on the Employment Commencement Date Hereof (The “Term”), Which Term Will Be Automatically Extended for Additional One (1) Year Periods Beginning on the Third Anniversary of the Employment Commencement Date and Upon Each Subsequent Anniversary Thereof Unless Either Party Provides the Other Party With at Least Ninety (90) Days Prior Written Notice of Its Intention Not to Renew This Agreement Unless Terminated Earlier Pursuant to Section 4 of This Agreement. Employee Shall Be Entitled to Work Remotely and Will Be Provided With Office Space (I) at the Company's Headquarters, Currently Based in Mt. Laurel, New Jersey and (II) the Company's Atlanta, Georgia Area Location, Currently Based in Norcross, Georgia and Marietta, Georgia. the Company Shall Reimburse Employee for His Reasonable Costs of Travel and Lodging Associated With the Performance of His Employment Responsibilities. 2. Consideration. A.COMPENSATION. as Consideration for All Services Rendered by Employee to the Company and for the Covenants Contained Herein, Employee Will Be Entitled To: (1)base Salary at an Annual Rate of $280,000;
12/34/56