EXHIBIT "A"
AGREEMENT
Agreement of employment (the "Agreement") between Bags To Go, Inc., (the
"Company") and Xx. Xxxxx Waiter ("Mr. Waiter").
A. PURPOSE: The Company hereby employes Mr. Waiter as President of the Company
pursuant to the provisions of this Agreement.
B. SALARY: Xx. Xxxxxx will receive from the Company an annual salary of
$180,000.00 plus additional incentives.
C. ADDITIONAL INCENTIVES: Xx. Xxxxxx will receive additional incentives. The
terms and conditions of this incentive/bonus program are to be mutually agreed
upon by the company Chairman (Xxxxxxx Xxxxxxxx) and Xx. Xxxxxx and are to be
included in this Employment Agreement, as an exhibit hereto.
D. DUTIES: Xx. Xxxxxx will faithfully perform the duties typical of the
President of Bags To Go to further in all respects the business of the Company
and, further, to faithfully perform such duties for the Company or the business
of USXP as may be assigned to him by the Chairman of USXP (the "Chairman"). Mr.
Aiater agrees to devote full time to the business of the Company.
E. TERMS: The terms of thes Agreemnt shall be 60 months, unless terminated for
"cause" or by mutual agreement. Xx. Xxxxxx agrees to serve as an employee for
at least 60 months. Xx. Xxxxxx and the Company expect to continue his employment
thereafter on such terms and conditions as may be mutually agreeable between Xx.
Xxxxxx and the Company. "Cause" shall include theft, immoral behavior,
mismanagement, insubordinatioin, or any act which is to the detriment of the
Company or USXP, or any other related businesses.
F. HEALTH BENEFITS: Health and insurance benefits will be provided to the same
extent as they are provided to full-time employees of USXP.
This agreement shall be governed by the laws of the State of New York.
Dated as of December 23, 2003
By /S/ XXXXX XXXXXX
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Xxxxx Xxxxxx (a/k/a/ "Xxxxx Xxxxxxxx")
BAGS TO GO, INC.
By /S/ XXXXXXX X. XXXXXXXX
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Xxxxxxx Xxxxxxxx, Chairman
UNIVERSAL EXPRESS, INC.
By: XXXXXXX X. XXXXXXXX
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Xxxxxxx Xxxxxxxx, Chairman & CEO
