Control as to Time and Place and Manner where Services Will Be Rendered. It is anticipated the Sole Officer / Sole Director will spend up to 40 hours per week fulfilling its obligations under this Agreement. The particular amount of time may vary from day to day or week to week. The Sole Officer / Sole Director shall not be entitled to any additional compensation except where the Sole Officer / Sole Director performs more than 60 hours, subject to the prior written approval of the Company. If additional work is approved, the Sole Officer / Sole Director will submit an itemized statement setting forth the time spent and services rendered, and the Company will pay the amounts due as indicated by statements submitted within thirty (30) days of receipt. Both the Company and the Sole Officer / Sole Director agree to act as an independent contractor in the performance of the duties under this Agreement. The Sole Officer / Sole Director will perform most services in accordance with this Agreement at a location and at times chosen in his discretion. The Company may from time to time request that the Sole Officer / Sole Director arrange for the services of others but Sole Officer / Sole Director shall choose and contract with same. The Sole Officer / Sole Director cannot employ others without the prior authorization of the Company. Accordingly, the Chairman / President shall be responsible for payment of all taxes including Federal, State and local taxes arising out of the Sole Officer’s / Sole Director’s activities in accordance with this Agreement, including by way of illustration but not limitation, Federal and state income tax, Social Security tax, unemployment insurance taxes, and other taxes or business license fee as required. Except as otherwise may be agreed, the Sole Officer / Sole Director shall at all times be in an independent contractor, rather than co-venture, agent, or representative of the Company.
Appears in 3 contracts
Samples: Chairman and President Compensation Agreement (Gold Rock Holdings, Inc.), Chairman and President Compensation Agreement (Gold Rock Holdings, Inc.), Chairman and President Compensation Agreement (Gold Rock Holdings, Inc.)
Control as to Time and Place and Manner where Services Will Be Rendered. It is anticipated the Sole Officer / Sole Director will spend up to 40 hours per week fulfilling its obligations under this Agreement. The particular amount of time may vary from day to day or week to week. The Sole Officer / Sole Director shall not be entitled to any additional compensation except where the Sole Officer / Sole Director performs more than 60 hours, subject to the prior written approval of the Company. If additional work is approved, the Sole Officer / Sole Director will submit an itemized statement setting forth the time spent and services rendered, and the Company will pay the amounts due as indicated by statements submitted within thirty (30) days of receipt. Both the Company and the Sole Officer / Sole Director agree to act as an independent contractor in the performance of the duties under this Agreement. The Sole Officer / Sole Director will perform most services in accordance with this Agreement at a location and at times chosen in his discretion. The Company may from time to time-to-time request that the Sole Officer / Sole Director arrange for the services of others others, but Sole Officer / Sole Director shall choose and contract with same. The Sole Officer / Sole Director cannot employ others without the prior authorization of the Company. Accordingly, the Chairman / President shall be responsible for payment of all taxes including Federal, State State, and local taxes arising out of the Sole Officer’s / Sole Director’s activities in accordance with this Agreement, including by way of illustration but not limitation, Federal and state income tax, Social Security tax, unemployment insurance taxes, and other taxes or business license fee as required. Except as otherwise may be agreed, the Sole Officer / Sole Director shall at all times be in an independent contractor, rather than co-venture, agent, or representative of the Company.
Appears in 1 contract
Samples: Chairman and President Compensation Agreement (Gold Rock Holdings, Inc.)
Control as to Time and Place and Manner where Services Will Be Rendered. It is anticipated the Sole Officer Chairman / Sole Director President will spend up to 40 hours per week fulfilling its obligations under this Agreement. The particular amount of time may vary from day to day or week to week. The Sole Officer Chairman / Sole Director President shall not be entitled to any additional compensation except where the Sole Officer Chairman / Sole Director President performs more than 60 hours, subject to the prior written approval of the Company. If additional work is approved, the Sole Officer Chairman / Sole Director President will submit an itemized statement setting forth the time spent and services rendered, and the Company will pay the amounts due as indicated by statements submitted within thirty (30) days of receipt. Both the Company and the Sole Officer Chairman / Sole Director President agree to act as an independent contractor in the performance of the duties under this Agreement. The Sole Officer Chairman / Sole Director President will perform most services in accordance with this Agreement at a location and at times chosen in his discretion. The Company may from time to time request that the Sole Officer Chairman / Sole Director President arrange for the services of others but Sole Officer Chairman / Sole Director President shall choose and contract with same. The Sole Officer Chairman / Sole Director President cannot employ others without the prior authorization of the Company. Accordingly, the Chairman / President shall be responsible for payment of all taxes including Federal, State and local taxes arising out of the Sole OfficerChairman’s / Sole DirectorPresident’s activities in accordance with this Agreement, including by way of illustration but not limitation, Federal and state income tax, Social Security tax, unemployment insurance taxes, and other taxes or business license fee as required. Except as otherwise may be agreed, the Sole Officer Chairman / Sole Director President shall at all times be in an independent contractor, rather than co-venture, agent, or representative of the Company.
Appears in 1 contract
Samples: Chairman and President Compensation Agreement (Bravo Multinational Inc.)