Common Contracts
2 similar Employment Agreement contracts by Ideal Restaurant Group, Inc.
ContractEmployment Agreement • November 2nd, 2012 • Ideal Restaurant Group, Inc. • Florida
Employment Agreement, between Ideal Restaurant Group, Inc. (the "Company") and Tessle Robinson. (the "Employee") 1. For good consideration, the Company employs the Employee on the following terms and conditions. 2. Term of Employment. Subject to the provisions for termination set forth below this agreement will begin on January 1st, 2012, unless sooner terminated, and shall remain in effect for a period of 3 years. 3. Salary. The Company shall pay Employee a salary of $100,000.00 per year, for the services of the Employee, payable at regular payroll periods. The salary shall be paid in an amount not to exceed the Company’s monthly net-profit, which shall be defined as gross sales less all expenses, whether paid or accrued. Any amounts not paid as a result of insufficient monthly net-profit will not accrue and will not be payable in the future. 4. Duties and Position. The Company hires the Employee in the capacity of Vice President. The Employee's duties may be reasonably m
ContractEmployment Agreement • November 2nd, 2012 • Ideal Restaurant Group, Inc. • Florida
Employment Agreement, between Ideal Restaurant Group, Inc. (the "Company") and Rudolph Southwell, Jr. (the "Employee") 1. For good consideration, the Company employs the Employee on the following terms and conditions. 2. Term of Employment. Subject to the provisions for termination set forth below this agreement will begin on January 1st, 2012, unless sooner terminated, and shall remain in effect for a period of 5 years. 3. Salary. The Company shall pay Employee a salary of $150,000.00 per year, for the services of the Employee, payable at regular payroll periods. In addition, Employee shall receive a performance bonus not to exceed $20,000.00 for each restaurant that is successfully opened. The performance bonus shall be earned and payable upon the latter of the first day of business operations by that restaurant, or the full payment of the consulting fee associated with the construction and startup of that restaurant. The salary and bonus shall be paid in an amount not to ex
