EMPLOYMENT AGREEMENTEmployment Agreement • January 19th, 2011 • Iconic Brands, Inc. • Agricultural services • New York
EMPLOYEMENT AGREEMENTEmployment Agreement • January 19th, 2011 • Iconic Brands, Inc. • Agricultural services • New York
per year, payable in equal weekly installments and at the end of each week or in accordance with the company's current payroll policies. Employees' compensation shall be increased annually, per the schedule above. Employee's compensation shall not decrease during the term of this agreement, unless agreed by the Employee. Incentive bonus compensation and stock and or options and the like shall be paid to the Employee in accordance with Company policies established by the Board of Directors. In addition if the Company enters into an Agreement and further sells any brand in the Company's portfolio, Employee will receive five (5) percent of such sale upon the sale.
