EMPLOYMENT AGREEMENT

by | Feb 21, 2022 | Samples legal papers

EMPLOYMENT AGREEMENT

 

This Employment Agreement (the “Agreement“) is made and entered into as of August _____, 2020, 

 

BETWEEN:

 

Andrew Price

19 Everson Road, PO Box 2248

Marshfield, MA, USA  02065

 

(the “Employee“)

 

AND 

 

TrueQC LLC

Rehoboth Beach, Delaware

 

(the “Company“).

 

WHEREAS, the Company desires to employ the Employee as a Sales Manager on the terms and conditions set forth herein; and

 

WHEREAS, the Employee desires to be employed by the Company as a Sales Manager on such terms and conditions;

 

NOW, THEREFORE, in consideration of the mutual covenants, promises, and obligations set forth herein, the parties agree as follows:

  

TERM

 

  1. The Employee’s employment hereunder shall be effective as of August 17, 2020 (the “Effective Date“) and shall continue until terminated pursuant to this Agreement. The period during which the Employee is employed by the Company hereunder is hereinafter referred to as the “Employment Term“.

 

PROBATIONARY PERIOD

 

  1. The first three months of the Employment Term will be a probationary period (“Probationary Period”).

 

POSITION AND DUTIES

 

  1. During the Employment Term, the Employee shall serve as a Sales Manager of the Company, reporting to Danny Sachdev or other person designated by Company from time to time. 

 

  1. The duties of the Employee as Sales Manager (“Duties”) are set out at Schedule “A”

 

  1. Employee’s Duties may be altered by the Company at any time as per the requirements of the Company.

 

  1. During the Employment Term, the Employee shall devote substantially all of Employee’s business time and attention to the performance of the Employee’s Duties hereunder and will not engage in any other business, profession, or occupation for compensation or otherwise which would conflict or interfere with the performance of such services either directly or indirectly without the prior written consent of the Company.

 

  1. The principal place of Employee’s employment shall be Remote – North America; provided that the Employee may be required to travel on Company business during the Employment Term.

 

  1. Employee shall observe strict compliance to the work policies of the Company and shall maintain the reputation of the Company and thus refrain from making any such statements that could discredit the reputation of the Company.

 

  1. Employee’s employment is assignable and transferable, and the Company at its discretion may transfer Employee now or in the future based on the Company’s needs.

 

  1. Employee will inform the Company in writing of any change in his residential address and contact details.

 

COMPENSATION

 

  1. Base Salary. During the Probationary Period, the Company shall pay the Employee a monthly salary equivalent to $85,000 USD per year (Cost to Company). After the Probationary Period, the Company shall pay the Employee a monthly salary equivalent to an annual base salary of $95,000 USD per year (Cost to Company) (“Base Salary”).

 

  1. Employee Benefits. During the Employment Term, the Employee shall be entitled to participate in all employee benefit plans, practices, and programs maintained by the Company, as in effect from time to time (collectively, “Employee Benefit Plan(s)“). The Company reserves the right to amend or terminate any Employee Benefit Plans at any time in its sole discretion, subject to the terms of such Employee Benefit Plan and applicable law.

 

  1. All payments to be made to you by way of salary, allowances or otherwise shall be subject to deduction of Income Tax or any other payroll tax, premium, fee, tax or duty which is mandatorily payable under U.S. or Massachusetts law.

 

COMMISSIONS AND EQUITY

 

  1. Definitions. The following definitions apply in this section:

 

“Client” means a client of the Company who was procured, introduced or signed up to a contract with the Company by the Employee, or a client of the Company whose contract with the Company for which the Employee was the proximate cause.

 

“Equity” in relation to a given Year means the total number of common shares in the Company that are issued and outstanding as of the last day of that Year.

 

“Quota Quarterly” is the threshold figure of Revenues (defined below) that an Employee must generate in a Quarter (defined below) for the Company before becoming entitled to any New Quarterly Commissions (defined below). Currently the Quota Quarterly is $250,000 USD. Company shall set the Quota Quarterly at the beginning of each Year or at such other time it deems appropriate during a Year, but shall not change the Quota Quarterly more than once each Year.

 

“Quota Yearly” is the threshold figure of Revenues (defined below) that an Employee must generate in a Year (defined below) for the Company before becoming entitled to any New Yearly Commissions (defined below). Currently the Quota Yearly is $1 Million USD. Company shall set the Quota Yearly at the beginning of each Year or at such other time it deems appropriate during a Year, but shall not change the Quota Yearly more than once each Year.

 

“New Client(s)“ means Client(s) in the first 12 months of their contracts with the Company.

 

“Quarter” means one-quarter of the Year.

 

“Recurring Clients” means New Clients in their 13th and subsequent months of their contracts with the Company.

 

“Revenues” means monies fully and finally received by Company from New Clients in a Year (defined below).

 

“Year” means January 1 to December 31 of a calendar year.

 

  1. Payment of Commissions. The following rules apply to payment of commissions to Employee:

 

  1. No commissions are payable unless the Employee meets or exceeds the Quota in a Quarter or a Year.

 

  1. Every Quarter in which the Employee meets or exceeds the Quota Quarterly, Company shall pay him an amount equal to 3% of the Revenues from any New Clients procured by the Employee in that Quarter (“New Quarterly Commissions”).

 

  1. Every Year in which the Employee meets or exceeds the Quota Yearly, Company shall pay him an amount equal to Three Percent (3%) of the Revenues from any New Clients procured by the Employee in that Year (“New Yearly Commissions”).

 

  1. Revenues on which the Employee has already been paid New Quarterly Commissions shall not be counted for the purpose of calculating the Employee’s New Yearly Commissions.

 

  1. Every Year in which the Employee generates Revenues totalling 125% or more of the Quota Yearly, Company shall pay him an amount equal to Four Percent (4%) of Revenues above 125% of the Quota Yearly.

 

  1. Every Year in which the Employee generates Revenues totalling 150% or more of the Quota Yearly, Company shall pay him an amount equal to Five Percent (5%) of Revenues above 150% of the Quota Yearly.

 

  1. In addition, every Year Employee meets or exceeds 80% of the Quota Yearly, Company shall pay him an amount equal to 1.5% of the Revenues from all Recurring Clients (“Recurring Commissions”).

 

  1. Equity Compensation. Employee shall be entitled to participate in an equity compensation plan on the following terms:

 

  1. After the end of any Year in which the Employee meets or exceeds the Quota, he shall receive a number of common shares in the Company equal to one percent (1%) of the total Equity as of the end of that Year (“Shares”).

 

  1. All Shares shall vest 100% immediately upon their delivery to the Employee.

 

  1. Notwithstanding the foregoing, after the Employee has been awarded Shares in an amount equal to three percent (3%) of the total Equity, Employee shall no longer be entitled to future Shares under the provisions of this Section.

 

WITHHOLDINGS 

 

  1. Withholding. The Company shall have the right to withhold from any amount payable hereunder any Federal, state, and local taxes in order for the Company to satisfy any withholding tax obligation it may have under any applicable law or regulation.

 

HOURS OF WORK

 

  1. Hours of work shall be eight (8) hours per day, five (5) days a week from Monday to Friday, from 8:00 am to 5:00pm EST.

 

  1. Schedules may be altered at the absolute discretion of the Company.

 

  1. Overtime (hours in excess of 40 per week) will neither be assigned nor paid.

 

LEAVE

 

  1. On joining employment, Employee will be subject to the Company policy on Leave as may be prevalent from time to time. All Leave may be availed in accordance with applicable company policy on Leave.

 

  1. Employee may take eighteen (18) paid leave days per year.

 

  1. Entitlement to take a leave only begins after the Probationary Period. Any unplanned leaves during the Probationary Period will result in the immediate termination of Employee’s employment.

 

  1. Company may require Employee to produce a medical document or certificate to substantiate Employee’s claim of sick leave.

 

  1. If case of failure to follow the procedure prescribed for availing leave, an absence will be considered as an unplanned leave day. Each unplanned leave day will result in the deduction of one (1) day of salary.

 

  1. If Employee takes a leave without informing his reporting manager and HR beforehand, it will be considered as a No Call No Show (NCNS), which results in the deduction of one (1) day of salary for each NCNS.

 

VACATION

 

  1. Vacation; Paid Time Off. The Employee will receive five (5) days’ paid vacation in the first year of the Employment Term, and thereafter shall receive ten (10) days’ paid vacation in the second and subsequent years of the Employment Term. 

 

TERMINATION

 

  1. Termination of Employment. Employee’s employment is on an at-will basis. The Employment Term and the Employee’s employment hereunder may be terminated by the Company at any time.

 

NON DISCLOSURE

 

  1. Confidential Information. The Employee understands and acknowledges that during the Employment Term, the Employee will have access to and learn about Confidential Information, as defined below.

 

  1. Confidential Information Defined. For purposes of this Agreement, “Confidential Information” includes, but is not limited to: all information not generally known to the public, in spoken, printed, electronic or any other form or medium, relating directly or indirectly to: business processes, practices, methods, policies, plans, publications, documents, research, operations, services, strategies, techniques, agreements, contracts, terms of agreements, transactions, potential transactions, negotiations, pending negotiations, know-how, trade secrets, computer programs, computer software, applications, operating systems, software design, web design, work-in-process, databases, device configurations, embedded data, compilations, metadata, technologies, manuals, records, articles, systems, material, sources of material, supplier information, vendor information, financial information, results, accounting information, accounting records, legal information, marketing information, advertising information, pricing information, credit information, design information, payroll information, staffing information, personnel information, employee lists, supplier lists, vendor lists, developments, reports, internal controls, security procedures, graphics, drawings, sketches, market studies, sales information, revenue, costs, formulae, notes, communications, algorithms, product plans, designs, styles, models, ideas, audiovisual programs, inventions, unpublished patent applications, original works of authorship, discoveries, experimental processes, experimental results, specifications, customer information, customer lists, client information, client lists, manufacturing information, factory lists, distributor lists, and buyer lists of the Company or its businesses or any existing or prospective customer, supplier, investor or other associated third party, or of any other person or entity that has entrusted information to the Company in confidence.

 

  1. The Employee understands and agrees that “Confidential Information” includes information developed by Employee in the course of employment by the Company as if the Company furnished the same Confidential Information to the Employee in the first instance. 

 

  1. The Employee understands that the above list is not exhaustive, and that Confidential Information also includes other information that is marked or otherwise identified as confidential or proprietary, or that would otherwise appear to a reasonable person to be confidential or proprietary in the context and circumstances in which the information is known or used.

 

  1. “Confidential Information” shall not include information that is generally available to and known by the public at the time of disclosure to the Employee; provided that, such disclosure is through no direct or indirect fault of the Employee or person(s) acting on the Employee’s behalf.

 

  1. The Employee understands and acknowledges that the Company has invested, and continues to invest, substantial time, money, and specialized knowledge into developing its resources, creating a customer base, generating customer and potential customer lists, training its employees, and improving its offerings in the field of Lead Generation Quality Control. The Employee understands and acknowledges that as a result of these efforts, the Company has created, and continues to use and create Confidential Information. This Confidential Information provides the Company with a competitive advantage over others in the marketplace.

 

  1. Disclosure and Use Restrictions. The Employee agrees and covenants: 

 

  1. to treat all Confidential Information as strictly confidential;

 

  1. not to directly or indirectly disclose, publish, communicate, or make available Confidential Information, or allow it to be disclosed, published, communicated, or made available, in whole or part, to any entity or person whatsoever (including other employees of the Company) not having a need to know and authority to know and use the Confidential Information in connection with the business of the Company and, in any event, not to anyone outside of the direct employ of the Company except as required in the performance of the Employee’s authorized employment Duties to the Company or with the prior consent of Danny Sachdev acting on behalf of the Company in each instance (and then, such disclosure shall be made only within the limits and to the extent of such Duties or consent); and

 

  1. not to access or use any Confidential Information, and not to copy any documents, records, files, media, or other resources containing any Confidential Information, or remove any such documents, records, files, media, or other resources from the premises or control of the Company, except as required in the performance of the Employee’s authorized employment Duties to the Company or with the prior consent of Danny Sachdev acting on behalf of the Company in each instance (and then, such disclosure shall be made only within the limits and to the extent of such Duties or consent).

 

  1. Permitted disclosures. Nothing herein shall be construed to prevent disclosure of Confidential Information as may be required by applicable law or regulation, or pursuant to the valid order of a court of competent jurisdiction or an authorized government agency, provided that the disclosure does not exceed the extent of disclosure required by such law, regulation, or order. The Employee shall promptly provide written notice of any such order to the Company.

 

  1. The Employee understands and acknowledges that his obligations under this Agreement with regard to any particular Confidential Information shall commence immediately upon the Employee first having access to such Confidential Information (whether before or after he begins employment by the Company) and shall continue during and after his employment by the Company until such time as such Confidential Information has become public knowledge other than as a result of the Employee’s breach of this Agreement or breach by those acting in concert with the Employee or on the Employee’s behalf.

 

NON COMPETITION & NON SOLICITATION

 

  1. Acknowledgement. The Employee understands that the nature of the Employee’s position gives the Employee access to and knowledge of Confidential Information and places the Employee in a position of trust and confidence with the Company. 

 

  1. The Employee further understands and acknowledges that the Company’s ability to reserve Confidential Information for the exclusive knowledge and use of the Company is of great competitive importance and commercial value to the Company, and that improper use or disclosure by the Employee is likely to result in unfair or unlawful competitive activity.

 

  1. Non-Competition. Because of the Company’s legitimate business interest as described herein and the good and valuable consideration offered to the Employee, during the Employment Term and for the following eighteen (18) months, to run consecutively, beginning on the last day of the Employee’s employment with the Company, regardless of the reason for the termination and whether employment is terminated at the option of the Employee or the Company, the Employee agrees and covenants not to engage in Prohibited Activity as defined below.

 

  1. Prohibited Activities Defined. For purposes of this Agreement, “Prohibited Activity” is activity in which the Employee contributes the Employee’s knowledge, directly or indirectly, in whole or in part, as an employee, employer, owner, operator, manager, advisor, consultant, agent, employee, partner, director, stockholder, officer, volunteer, intern, or any other similar capacity to an entity engaged in the same or similar business as the Company, including those engaged in the Business of the Company. Prohibited Activity also includes activity that may require or inevitably requires disclosure of trade secrets, proprietary information, or Confidential Information.

 

  1. Business of Company Defined. For purposes of this Agreement, the “Business” of the Company means Business Promotion services, including Lead Generation and Lead Analysis services.

 

  1. Non-Solicitation of Employees. The Employee agrees and covenants not to directly or indirectly solicit, hire, recruit, attempt to hire or recruit, or induce the termination of employment of any employee of the Company, or attempt to do so, during the following eighteen (18) months, to run consecutively, beginning on the last day of the Employee’s employment with the Company.

 

  1. Non-Solicitation of Customers. The Employee understands and acknowledges that because of the Employee’s experience with and relationship to the Company, the Employee will have access to and learn about much or all of the Company’s customer information. “Customer Information” includes, but is not limited to, names, phone numbers, addresses, email addresses, order history, order preferences, chain of command, decisionmakers, pricing information, and other information identifying facts and circumstances specific to the clients or customers. The Employee understands and acknowledges that loss of this customer relationship and/or goodwill will cause significant and irreparable harm.

 

  1. The Employee therefore agrees and covenants, during a term of eighteen (18) months to run consecutively, beginning on the last day of the Employee’s employment with the Company, not to directly or indirectly solicit, contact (including but not limited to email, regular mail, express mail, telephone, fax, instant message, or social media), attempt to contact, or meet with the Company’s current, former or prospective customers for purposes of offering or accepting goods or services similar to or competitive with those offered by the Company.

 

  1. Non-Disparagement. The Employee agrees and covenants that the Employee will not at any time make, publish, or communicate to any person or entity or in any public forum any defamatory or disparaging remarks, comments, or statements concerning the Company or its businesses, or any of its employees, officers, and existing and prospective customers, suppliers, investors and other associated third parties.

 

  1. Remedies. In the event of a breach or threatened breach by the Employee of this Section, the Employee hereby consents and agrees that the Company shall be entitled to seek, in addition to other available remedies, a temporary or permanent injunction or other equitable relief against such breach or threatened breach from any court of competent jurisdiction, and that money damages would not afford an adequate remedy, without the necessity of showing any actual damages, and without the necessity of posting any bond or other security. The aforementioned equitable relief shall be in addition to, not in lieu of, legal remedies, monetary damages, or other available forms of relief.

 

INTELLECTUAL PROPERTY

 

  1. Work Product. The Employee acknowledges and agrees that all right, title, and interest in and to all writings, works of authorship, technology, inventions, discoveries, processes, techniques, methods, ideas, concepts, research, proposals, materials, and all other work product of any nature whatsoever, that are created, prepared, produced, authored, edited, amended, conceived, or reduced to practice by the Employee individually or jointly with others during the Employment Term and relate in any way to the business or contemplated business, products, activities, research, or development of the Company or result from any work performed by the Employee for the Company (in each case, regardless of when or where prepared or whose equipment or other resources is used in preparing the same), all rights and claims related to the foregoing, and all printed, physical and electronic copies, and other tangible embodiments thereof (collectively, “Work Product“), as well as any and all rights in and to US and foreign (a) patents, patent disclosures and inventions (whether patentable or not), (b) trademarks, service marks, trade dress, trade names, logos, corporate names, and domain names, and other similar designations of source or origin, together with the goodwill symbolized by any of the foregoing, (c) copyrights and copyrightable works (including computer programs), [mask works,] and rights in data and databases, (d) trade secrets, know-how, and other confidential information, and (e) all other intellectual property rights, in each case whether registered or unregistered and including all registrations and applications for, and renewals and extensions of, such rights, all improvements thereto and all similar or equivalent rights or forms of protection in any part of the world (collectively, “Intellectual Property Rights“), shall be the sole and exclusive property of the Company.

 

  1. For purposes of this Agreement, “Work Product” includes, but is not limited to, Company information, including plans, publications, research, strategies, techniques, agreements, documents, contracts, terms of agreements, negotiations, know-how, computer programs, computer applications, software design, web design, work in process, databases, manuals, results, developments, reports, graphics, drawings, sketches, market studies, formulae, notes, communications, algorithms, product plans, product designs, styles, models, audiovisual programs, inventions, unpublished patent applications, original works of authorship, discoveries, experimental processes, experimental results, specifications, customer information, client information, customer lists, client lists, manufacturing information, marketing information, advertising information, and sales information.

 

  1. Work Made for Hire; Assignment. The Employee acknowledges that, by reason of being employed by the Company at the relevant times, to the extent permitted by law, all of the Work Product consisting of copyrightable subject matter is “work made for hire” as defined in 17 U.S.C. § 101 and such copyrights are therefore owned by the Company. To the extent that the foregoing does not apply, the Employee hereby irrevocably assigns to the Company, for no additional consideration, the Employee’s entire right, title, and interest in and to all Work Product and Intellectual Property Rights therein, including the right to sue, counterclaim, and recover for all past, present, and future infringement, misappropriation, or dilution thereof, and all rights corresponding thereto throughout the world. Nothing contained in this Agreement shall be construed to reduce or limit the Company’s rights, title, or interest in any Work Product or Intellectual Property Rights so as to be less in any respect than that the Company would have had in the absence of this Agreement.

 

  1. Further Assurances; Power of Attorney. During and after the Employment Term, the Employee agrees to reasonably cooperate with the Company to (a) apply for, obtain, perfect, and transfer to the Company the Work Product as well as any and all Intellectual Property Rights in the Work Product in any jurisdiction in the world; and (b) maintain, protect and enforce the same, including, without limitation, giving testimony and executing and delivering to the Company any and all applications, oaths, declarations, affidavits, waivers, assignments, and other documents and instruments as shall be requested by the Company. The Employee hereby irrevocably grants the Company power of attorney to execute and deliver any such documents on the Employee’s behalf in [his/her] name and to do all other lawfully permitted acts to transfer the Work Product to the Company and further the transfer, prosecution, issuance, and maintenance of all Intellectual Property Rights therein, to the full extent permitted by law, if the Employee does not promptly cooperate with the Company’s request (without limiting the rights the Company shall have in such circumstances by operation of law). The power of attorney is coupled with an interest and shall not be affected by the Employee’s subsequent incapacity.

 

  1. No License. The Employee understands that this Agreement does not, and shall not be construed to, grant the Employee any license or right of any nature with respect to any Work Product or Intellectual Property Rights or any Confidential Information, materials, software, or other tools made available to the Employee by the Company.

 

GOVERNING LAW

 

  1. Governing Law: Jurisdiction and Venue. This Agreement, for all purposes, shall be construed in accordance with the laws of Massachusetts without regard to conflicts of law principles. Any action or proceeding by either of the parties to enforce this Agreement shall be brought only in a state or federal court located in the state of Massachusetts. The parties hereby irrevocably submit to the non-exclusive jurisdiction of such courts and waive the defense of inconvenient forum to the maintenance of any such action or proceeding in such venue.

 

ENTIRE AGREEMENT

 

  1. Entire Agreement. Unless specifically provided herein, this Agreement contains all of the understandings and representations between the Employee and the Company pertaining to the subject matter hereof and supersedes all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral, with respect to such subject matter. The parties mutually agree that the Agreement can be specifically enforced in court and can be cited as evidence in legal proceedings alleging breach of the Agreement.

 

AMENDMENT AND WAIVER

 

  1. Modification and Waiver. No provision of this Agreement may be amended or modified unless such amendment or modification is agreed to in writing and signed by the Employee and by Danny Sachdev (or an authorized agent of Danny Sachdev) of the Company. No waiver by either of the parties of any breach by the other party hereto of any condition or provision of this Agreement to be performed by the other party hereto shall be deemed a waiver of any similar or dissimilar provision or condition at the same or any prior or subsequent time, nor shall the failure of or delay by either of the parties in exercising any right, power, or privilege hereunder operate as a waiver thereof to preclude any other or further exercise thereof or the exercise of any other such right, power, or privilege.

 

SEVERABILITY

 

  1. Severability. Should any provision of this Agreement be held by a court of competent jurisdiction to be enforceable only if modified, or if any portion of this Agreement shall be held as unenforceable and thus stricken, such holding shall not affect the validity of the remainder of this Agreement, the balance of which shall continue to be binding upon the parties with any such modification to become a part hereof and treated as though originally set forth in this Agreement.

 

  1. The parties further agree that any such court is expressly authorized to modify any such unenforceable provision of this Agreement in lieu of severing such unenforceable provision from this Agreement in its entirety, whether by rewriting the offending provision, deleting any or all of the offending provision, adding additional language to this Agreement, or by making such other modifications as it deems warranted to carry out the intent and agreement of the parties as embodied herein to the maximum extent permitted by law.

 

  1. The parties expressly agree that this Agreement as so modified by the court shall be binding upon and enforceable against each of them. In any event, should one or more of the provisions of this Agreement be held to be invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions hereof, and if such provision or provisions are not modified as provided above, this Agreement shall be construed as if such invalid, illegal, or unenforceable provisions had not been set forth herein.

 

COUNTERPARTS

 

  1. Counterparts. This Agreement may be executed in separate counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one and the same instrument.

 

TOLLING

 

  1. Tolling. Should the Employee violate any of the terms of the restrictive covenant obligations articulated herein, the obligation at issue will run from the first date on which the Employee ceases to be in violation of such obligation.

 

SUCCESSORS AND ASSIGNS

 

  1. Successors and Assigns. This Agreement is personal to the Employee and shall not be assigned by the Employee. Any purported assignment by the Employee shall be null and void from the initial date of the purported assignment. The Company may assign this Agreement to any successor or assign (whether direct or indirect, by purchase, merger, consolidation, or otherwise) to all or substantially all of the business or assets of the Company. This Agreement shall inure to the benefit of the Company and permitted successors and assigns.

 

REPRESENTATIONS

 

  1. Representations of the Employee. The Employee represents and warrants to the Company that:

 

  1. The Employee’s acceptance of employment with the Company and the performance of Duties hereunder will not conflict with or result in a violation of, a breach of, or a default under any contract, agreement, or understanding to which the Employee is a party or is otherwise bound; and
  2. The Employee’s acceptance of employment with the Company and the performance of Duties hereunder will not violate any non-solicitation, non-competition, or other similar covenant or agreement of a prior employer.

 

SURVIVAL

 

  1. Survival. Upon the expiration or other termination of this Agreement, the respective rights and obligations of the parties hereto shall survive such expiration or other termination to the extent necessary to carry out the intentions of the parties under this Agreement.

 

ILA

 

  1. Acknowledgement of Full Understanding. THE EMPLOYEE ACKNOWLEDGES AND AGREES THAT THE EMPLOYEE HAS FULLY READ, UNDERSTANDS AND VOLUNTARILY ENTERS INTO THIS AGREEMENT. THE EMPLOYEE ACKNOWLEDGES AND AGREES THAT THE EMPLOYEE HAS HAD AN OPPORTUNITY TO ASK QUESTIONS AND CONSULT WITH AN ATTORNEY OF THE EMPLOYEE’S CHOICE BEFORE SIGNING THIS AGREEMENT.

 

SCHEDULE “A”

DUTIES

 

  • Consultative sales of TrueQC’s portfolio of products to clients and potential clients in the USA
  • Achieve annual, monthly and quarterly sales targets
  • Identify methods to promote and accelerate achievement of sales goals in the USA
  • Penetrate assigned accounts, including new business, renewals and upsell
  • Directly manage ongoing relationships with enterprise accounts in the USA, as appropriate
  • Negotiate pricing and contractual agreements with USA clients
  • Build and manage a strong pipeline of potential USA clients sufficient to exceed annual sales goals
  • Work collaboratively with our team to ensure successful new client onboarding
  • Work closely with internal teams to ensure clients’ ongoing success and satisfaction
  • Perform other duties and responsibilities as assigned

 

(Signatures on next page)

 

WHEREOF the parties hereto have executed this Agreement as of the date first above written.

 

 

TrueQC LLC

Rehoboth Beach, Delaware

 

By: ________________________________

 

Danny Sachdev

President and CEO

COMPANY

 

DATE SIGNED:

 

________________________________

 

Andrew Price

Sales EMPLOYEE

 

DATE SIGNED: 

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