Attached files
| file | filename |
|---|---|
| S-1/A - AMENDMENT NO. 2 - Wecosign, Inc. | wecosign_s1a2-102209.htm |
| EX-5.1 - CONSENT OF ANSLOW & JACLIN, LLP - Wecosign, Inc. | ex5-1.htm |
| EX-23.1 - CONSENT - Wecosign, Inc. | ex23-1.htm |
| EX-10.11 - SAMPLE AGREEMENT WITH AFFILIATES - Wecosign, Inc. | ex10-11.htm |
Exhibit
10.10
EMPLOYMENT AGREEMENT
Employment
Agreement, between WECOSIGN
Inc (the "Company") and Joseph Benington (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
October 9 th, 2009.
3. Salary. The Company shall pay
Employee a salary of $ 83, 000.00 per
year, for the services of the Employee, payable at regular payroll
periods. Payroll Period s are the 1st and the
15th
of each month
4. Duties and Position. the
Company hires the Employee in the capacity of C.F.O.. The Employee's duties may
be reasonably modified by the Company's board of directors from time to
time.
5. Employee to Devote Full Time to
Company. the Employee will devote full time, attention, and energies to
the business of the Company, and, during this employment, will not engage in any
other business activity, regardless of whether such activity is pursued for
profit, gain, or other pecuniary advantage. Employee is not prohibited from
making personal investments in any other businesses provided those investments
do not require active involvement in the operation of said
companies.
6. Confidentiality of Proprietary
Information. Employee agrees, during or after the term of this
employment, not to reveal confidential information, or trade secrets to any
person, firm, corporation, or entity. Should Employee reveal or threaten to
reveal this information, the Company shall be entitled to an injunction
restraining the Employee from disclosing same, or from rendering any services to
any entity to whom said information has been or is threatened to be disclosed,
the right to secure an injunction is not exclusive, and the Company may pursue
any other remedies it has against the Employee for a breach or threatened breach
of this condition, including the recovery of damages from the
Employee.
7. Reimbursement of Expenses. The
Employee may incur reasonable expenses for furthering the Company's business,
including expenses for entertainment, travel, and similar items. The Company
shall reimburse Employee for all business expenses after the Employee presents
an itemized account of expenditures, pursuant to Company policy.
8. Vacation. The Employee shall
be entitled to a yearly vacation of TWO weeks at full pay, per
year.
9. Termination of Employment and
Agreement.
Without cause or reason the Company may terminate this agreement and the
employee at any time, for any reason, upon one day’s written notice without
financial penalty, or consequences.
10. Restriction on Post Employment
Compensation. For a period of one year after the end of
employment, the Employee shall not control, consult to or be employed by any
business similar to that conducted by the company, either by soliciting any of
its accounts or by operating within Employer's general trading
area.
11. Assistance in Litigation.
Employee shall upon reasonable notice, furnish such information and proper
assistance to the Company as it may reasonably require in connection with any
litigation in which it is, or may become, a party either during or after
employment.
12. Oral Modifications Not
Binding. This instrument is the entire agreement of the Company and the
Employee. Oral changes have no effect. It may be altered only by a written
agreement signed by the party against whom enforcement of any waiver, change,
modification, extension, or discharge is sought.
Signed
this
9
day of October,
2009
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Company
Frank Jukabaitis
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Employee
Joseph
Bennington
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