This Employment Contract is entered into as of this 6TH day of March, 1998 by and between Michael Shoemaker, ("Employee") and GC International, Inc., a California corporation ("GC"). RECITALS: A. Employee has been serving GC as the President and...Employment Contract • January 7th, 1999 • Gc International Inc /Ca • Miscellaneous primary metal products • California
NOW, THEREFORE, the parties hereto agree as follows: 1. Employment and Duties. GC hereby agrees to continue the employment of Employee and Employee agrees to continue in such employment as President and General Manager of ALJ, performing such services and duties as are customarily incident to such employment and as modified from time to time by the President of GC or its Board of Directors. In addition, Employee shall hold such other offices as shall from time to time be determined by the Board of Directors of GC. Employee shall report directly to the President, and all employees of ALJ shall report to Employee. Employee shall devote all of his entire productive time, ability and attention to his employment hereunder as required to carry out the duties of Employee's offices. 2. Term. This Contract shall commence on March 15, 1998 and shall continue in effect until March 15, 2008 unless earlier terminated. 3. Compensation. A. Base Salary. GC shall pay Employee a base salary, which shall
