EXHIBIT 10.8
INTERNATIONAL STAR, INC.
OFFICER EMPLOYMENT AGREEMENT
EMPLOYMENT AGREEMENT by and between International Star, Inc. and Xxxxxx Xxxxxxx
XxXxxxx.
For good considerations, International Star, Inc. shall employ and Xxxxxx
Xxxxxxx agrees to be employed on the following terms.
1. Effective Date: Employment shall commence on November 4, 2005, time
being of the essence.
2. Duties: Xxxxxx Xxxxxxx agrees to perform the following duties:
To act in the normal capacity of Secretary/Treasurer/CFO.
Xxxxxx Xxxxxxx XxXxxxx shall also perform such further duties as are
incidental or implied from the foregoing, consistent with Xxxxxx Xxxxxxx
XxXxxxx'x background, training and qualifications or may be reasonably
delegated as being in the best interest of International Star, Inc. Xxxxxx
Xxxxxxx XxXxxxx shall devote full time to her employment and expend best
efforts on behalf of International Star, Inc. Xxxxxx Xxxxxxx XxXxxxx
further agrees to abide by all reasonable International Star, Inc.
policies and decisions now and hereinafter existing.
3. Term: Xxxxxx Xxxxxxx XxXxxxx'x employment shall continue on an
annual basis with the renewal date as October 28th each year.
4. Compensation: Xxxxxx Xxxxxxx XxXxxxx shall be paid the following
compensation:
a) Annual salary: $60,000.00 (and 00/100 Dollars), to be paid on
monthly terms.
b) Xxxxxx Xxxxxxx XxXxxxx shall receive reimbursed for all
documented expenses that are required for the purpose of
performing the business of International Star, Inc.
c) Should Xxxxxx Xxxxxxx XxXxxxx qualify for individual health
insurance, company will either pay for such insurance as
agreed by both ISRI and Xxxxxx Xxxxxxx XxXxxxx or reimburse
Xxxxxx Xxxxxxx XxXxxxx for such.
d) Xxxxxx Xxxxxxx XxXxxxx shall receive a monthly car expense of
$500.00 for the use of her personal vehicle. She also shall be
reimbursed for all documented cellular and other telephone
expenses, as well as other documented expenses that are
required for the purpose of performing the business of
International Star, Inc.
e) Quarterly bonuses: Xxxxxx Xxxxxxx XxXxxxx shall be eligible
for quarterly merit bonuses at the discretion of upper
management.
f) Any tax burden resulting from compensation received under a
1099 shall be reimbursed by the company.
5. Termination: This agreement may be earlier terminated upon:
a) Death of Xxxxxx Xxxxxxx XxXxxxx or illness or incapacity that
prevents Xxxxxx Xxxxxxx XxXxxxx from substantially performing
for 12 continuous months or in excess of 250 aggregate working
days in any calendar year.
b) Breach of agreement by Xxxxxx Xxxxxxx XxXxxxx.
6. Renewal: Should Xxxxxx Xxxxxxx XxXxxxx remain in the employ of
International Star, Inc. after the termination of this Agreement,
the terms of this Agreement shall remain in full force and effect
except that the continued term of employment shall be at the will of
the parties, and can be ended at any time, for any reason by either
party.
7. Miscellaneous:
a) Xxxxxx Xxxxxxx XxXxxxx agrees that during the term of this
agreement and for a period of two years hereafter, Xxxxxx
Xxxxxxx XxXxxxx will not:
i) Induce or attempt to induce any employee to leave
International Star, Inc.'s employ;
ii) Interfere with or disrupt International Star, Inc.'s
relationship with any of its employees;
iii) Solicit or employ any person employed by International
Star, Inc.
b) This agreement shall not be assignable by either party, provided
that upon any sale of this business by International Star, Inc.,
International Star, Inc. may assign this agreement to its successor
or Xxxxxx Xxxxxxx may terminate same.
c) In the event of any dispute under this agreement, it shall be
resolved through binding arbitration in accordance with the laws of
the state of Nevada.
d) This constitutes the entire agreement between the parties. Any
modification must be in writing.
Dated: November 4, 2005
/s/Xxxxxx Xxxxxx XxXxxxx
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Xxxxxx Xxxxxxx XxXxxxx
Accepted by:
/s/Xxxxx Xxxxxxx
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Xxxxx Xxxxxxx, President/CEO
