MEDICALOGIC, INC.
EMPLOYMENT AGREEMENT
PARTIES
The parties to this Agreement are MEDICALOGIC, INC. An Oregon corporation
(Corporation) and XXXX XXXXXXX (Employee).
DECLARATIONS
Corporation was organized for the purpose of developing computer products
for the medical industry and any other lawful activity for which corporations
may be organized under the Oregon Business Corporations Act.
TERMS
The parties agree:
1. Employment.
(a) Corporation shall hire Employee, and Employee shall work for
Corporation as employee.
(b) The employment period shall continue until it is ended. The
employment period may be ended only by dissolution of the corporation, the death
or retirement of Employee, or by one party with or without cause mailing to the
other party a written notice causing termination which states the employment
ending date, except that in the cause of such written notice the ending date
cannot be earlier than sixty (60) days after the date the notice was mailed.
(c) Employee shall work exclusively for Corporation, except that
Employee may engage in any non-related work outside of its employ with
Corporation. The exception stated in the
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preceeding sentence shall not apply to the extent any non-related work conflicts
or interferes with the services required of employee by Corporation; and the
exception stated in the preceeding sentence shall not apply if the time required
by such non-related work exceeds in any calendar quarter the time required of
Employee by Corporation in such calendar quarter. If Employee exceeds either of
the limitations stated in the preceeding sentence, Corporation may,
notwithstanding Section (b), end the employment period of Employee immediately.
2. Compensation.
Corporation shall pay to Employees such amounts as are agreed upon by
Employees and the board of directors of Corporation.
3. Supervision
Corporation shall direct and supervise the work of Employee; Employee
shall at all times conform to the working rules and standards imposed by
Corporation.
4. Schedule
Employee shall conform to the working schedule required by the demands
of Corporation's business, except that at no time shall Employee by compelled to
more than 12 hours per day or more than 72 hours per week, or more than 265
hours per month - unless, in such case Employee consents to the additional
service time and is paid additional compensation accordingly.
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5. Competition
Except as provided in subsection 1(c), Employee shall at no time
during the employment period engage in any endeavor whether for profit or not,
which competes with the business of the Corporation.
6. Benefits
Corporation shall provide Employee with insurance and medical fringe
benefits that are in accord with benefits available to other employees in
Oregon.
7. Miscellaneous
(a) This written agreement is the entire contract between the parties
and may be modified only by a write signed by all parties.
(b) This Agreement shall be binding on the parties according to its
terms and shall likewise be binding on their guardians, conservators, heirs,
successors and assigns.
(c) If legal fees or costs are incurred by any party in enforcing this
Agreement, then the non-prevailing party shall be liable for and shall pay the
same in full.
DATED this 1st day of August, 1985.
XXXX XXXXXXX
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XXXX XXXXXXX
Employee
MEDICALOGIC, INC.
XXXX XXXXXXX
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XXXX XXXXXXX
President
Secretary/Treasurer/Director
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