Document:

Exhibit 10.1

 

August 27, 2014

 

Tim M. Janke

5625 Patrician Way

Winnemucca, NV 89445

 

Re: Offer of Employment

 

Dear Tim:

 

We are pleased to offer you the position of Chief Operating Officer for Pershing Gold Corporation (the “Company”). You will be reporting directly to Stephen D. Alfers, President, Chief Executive Officer and Chairman of the Board, or such other senior officer as may be determined at the sole discretion of the Chief Executive Officer. The details of this offer are as follows:

 

Start Date: Your first day of employment will be August 29, 2014.

 

Base Salary: Your annual salary for 612 hours per year (51 hours per month) shall be $100,000 (the “Base Salary”). Any hours worked in excess of 51 hours per month will be paid at an agreed hourly rate (the “Excess Hours”) upon submission of a monthly time sheet reflecting the hours worked for the current month. Base Salary will be payable at a rate of $8,333.33 per month and Excess Hours will be payable at a rate of $162.50 per hour. Base Salary and Excess Hours will be paid once monthly, on the last day of the month, in accordance with the Company’s normal payroll policy and subject to federal and state withholding laws. Finally, the Base Salary will be reviewed at least annually, and any adjustments will be made at the sole discretion of the Chief Executive Officer with the approval of the Board of Directors.

 

Annual Bonus: You will be entitled to participate in the company’s incentive plans as they may be established or amended with a target bonus of 80% of your Base Salary. All annual bonuses are based on the recommendations of your supervisors and are awarded at the sole discretion of the Chief Executive Officer, with no guaranteed entitlement. You will also be entitled to participate in the Company’s executive plans as they may be established or amended.

 

Benefits: Contingent upon underwriting review, you will be eligible but not required to participate in the Company’s health, dental and vision plans for employees. If you so select at your start date, benefits will become effective on the 1st day of the month of the third month

 

 

following your start date. Any subsequent election to participate in benefit plans must be made during an open enrollment period in accordance with the Company’s then current benefit plans. The Company currently pays 100% of premium costs for employees and 75% of premium costs for eligible dependents. The Company’s percentage of employee premium contribution may vary in the future and is subject to change due to market conditions and at the sole discretion of the Chief Executive Officer.

 

Principal Place of Business: Your principal place of business will be Lovelock, Nevada with most of your work to be conducted from the offices of Gold Acquisition Corp. or the Relief Canyon Mine site. Some work may be conducted from your home office. It is understood that you plan to reside in Winnemucca, NV and commute to Lovelock, NV or to the Relief Canyon Mine site. In addition, you agree to travel to the Company’s office in Lakewood, Colorado and to other locations on an as-needed basis.

 

Directors’ and Officers’ Liability Insurance: As an executive officer, you will be added to the list of officers covered under the Company’s directors’ and officers’ insurance policy.

 

Employment Contingencies:  Employment with the Company is contingent upon the following:

 

1.              Successful completion of a background check:  You will be required to sign an authorization for release of background materials upon acceptance of this offer.

 

2.              Successful completion of pre-hire drug and alcohol screening:  You will be provided with clinic locations for your pre-employment drug screening. Once received, it will be your responsibility to complete the screening prior to your start date.

 

3.              Successful completion of pre-hire physical capacity examination:  You will be scheduled to complete a pre-employment physical capacity evaluation.  An appointment will be scheduled at your convenience and results must be received prior to your start date.

 

Proof of Employment Eligibility: On your start date you will be required to complete a  Form I-9 verifying your identity and eligibility for employment and provide appropriate documentation. Your birth certificate, Social Security card, and passport or other government issued photo identification will be acceptable for this purpose.

 

Employment with the Company is contingent upon your successful completion of a background check, officer questionnaire and approval by the Board of Directors. We understand that your employment with the Company will not in any way violate the terms of any agreement with, or obligation to, any other individual or company.

 

Your employment with the Company will be “at-will,” which means that either you or the Company can terminate your employment at any time, for any reason or no reason, with or

 

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without cause, warning, or notice.  This letter is not to be construed as a contract guaranteeing employment for any specific duration, and by signing below, you acknowledge that no promises have been made to you concerning the terms, conditions, duration, or any other aspect of your employment with the Company, except as set forth in this letter.

 

Company Rules, Policies and Procedures:  As an employee of the Company, you must comply with all Company rules, policies and procedures, which may be modified by the Company from time-to-time in its discretion. Further, as an employee, you will owe a duty of loyalty to the Company and, therefore, you must always act in the Company’s best interests and must not engage in any activities or conduct that raise the appearance of, or constitute a conflict of interest.

 

Confidentiality:  Employee shall not, directly or indirectly, either during the term of employment or thereafter, disclose to anyone (except in the regular course of the Company’s business or as required by law), or use in any manner, any information acquired by the Employee during employment by the Company with respect to any confidential, proprietary or secret aspect of the Company’s operations or affairs unless such information has become public knowledge other than by reason of actions, direct or indirect, of the Employee. Information subject to the provisions of this paragraph will include, without limitation:

 

1.              Names, addresses and other information regarding investors in the Company’s or its affiliates’ gold exploration or mining programs;

 

2.              Lists of or information about personnel seeking employment with or who are currently employed by the Company or its affiliates;

 

3.              Maps, logs, due diligence investigations, exploration prospects, geological information, mining reports and any other information regarding past, planned or possible future leasing, exploration, mining, acquisition or other operations that the Company or its affiliates have completed or are investigating or have investigated for possible inclusion in future activities; and

 

4.              Any other information or contacts relating to the Company’s or its affiliates’ exploration, mining, development, fund-raising, purchasing, engineering and marketing.

 

No Prior Agreements or Restrictions on Employment:  To induce the Company to offer you employment, you confirm that you are not a party to or otherwise subject to or bound by, any agreement with a prior employer or any third party which adversely affects your ability to perform services for the Company. You further acknowledge and agree that your employment with the Company would not require you to disclose or use any confidential or proprietary information or trade secrets belonging to any third party, or to engage in any other conduct which would interfere with contractual, statutory or common law rights of any third party.

 

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At Will Employment:  Your employment with the Company will be “at-will,” which means that either you or the Company can terminate your employment at any time, for any reason or no reason, with or without cause, warning, or notice. This letter is not to be construed as a contract guaranteeing employment, either by you or the Company, for any specific duration, and by signing below, you acknowledge that no promises have been made to you concerning the terms, conditions, duration, or any other aspect of your employment with the Company, except as set forth in this letter. Only an agreement in writing and signed by the Company’s Chief Executive Officer can alter your at-will employment status.

 

Severance and Change in Control:  For a period not to exceed three years commencing from the Start Date with the Company, you will be eligible for severance payments as set forth below, subject to your execution of a waiver and release of all claims, in the form provided by and acceptable to the Company. The terms offered in this letter may only be extended upon mutual, written agreement among the parties to this letter. In the event you remain employed beyond the expiration of the three-year term of this agreement, your employment with the Company will continue to be on an at-will basis, and this letter will no longer be in force or effect.

 

If are terminated by the Company for Cause, you will not be entitled to severance payments of any kind. If your termination from the Company during the term of this Agreement is (a) initiated by the Company for any reason other than Cause, death, or disability or (b) initiated by you for Good Reason and the date of Termination occurs within 90 days following the expiration of the 30-day cure period afforded the Company to rectify the condition giving rise to Good Reason, you will be entitled to a severance payment in the amount of 1.5x base salary and bonus (payable in a lump sum and subject to deductions for applicable taxes and withholdings) on the sixtieth (60) day following the date of Termination. If the Employee is terminated after the term of this Agreement has expired, the Employee shall not be entitled to any payments or benefits hereunder.

 

“Cause” shall mean your:  (i) breach of the terms of this letter agreement; (ii) knowing misrepresentation to the Company or its affiliates; (iii) failure or refusal to perform your duties within the expectations of the Company or its affiliates; (iv) willful destruction of property having a material value to the Company or its affiliates; (v) fraud, embezzlement, theft, dishonest activity or other breach of trust; (vi) conviction of or entering a plea of guilty or nolo contendere to any crime constituting a felony or any misdemeanor involving fraud, dishonesty or moral turpitude; (vii) a willful violation of a written policy of the Company or its affiliates, which does or could reasonably result in material harm to the Company or its reputation; (viii) violation of a statute, regulation or common law, whether federal, state or local, which applies to and/or governs the business of the Company or its affiliates; (ix) failure to maintain confidentiality related to the business operations of the Company or its affiliates; or (x) conduct which adversely reflects upon the business, affairs or reputation of the Company or its Affiliates.

 

It is expressly acknowledged and agreed that the decision as to whether “Cause” exists for termination of the employment relationship by the Company is delegated to the Company’s CEO or his designee.

 

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“Good Reason” shall mean: Without express written consent of the Employee, the occurrence of one of the following arising on or after the date of this Agreement, as determined in a manner consistent with Treasury Regulation Section 1.409A-1(n)(2)(ii):

 

1.              a material reduction or change in Employee’s title or job duties, responsibilities and requirements that is inconsistent with Employee’s position with the Company and Employee’s prior duties, responsibilities and requirements;

 

2.              a material reduction in the Employee’s Base Salary or bonus opportunity unless a proportionate reduction is made to the Base Salary or bonus opportunity of all members of the Company’s senior management;

 

3.              a change of more than 50 miles in the geographic location at which the Employee primarily performs services for the Company; or

 

4.              any material breach of this Agreement by the Company.

 

In the case of Employee’s allegation of Good Reason, (1) Employee shall provide written notice to the Company of the event alleged to constitute Good Reason within 30 days after the initial occurrence of such event, and (2) the Company shall have the opportunity to remedy the alleged Good Reason event within 30 days from receipt of notice of such allegation.

 

On or after a Change in Control, if you are terminated by the Company for Cause, you will not be entitled to severance payments of any kind. If, within twelve (12) months following a Change in Control, termination occurs that is (a) initiated by the Company for any reason other than Cause, death, or disability or (b) initiated by you for Good Reason, you will be entitled to a change in control payment in the amount of 1.5 x base salary and bonus (payable in a lump sum and subject to deductions for applicable taxes and withholdings) on the sixtieth (60) day following the date of termination.

 

Change in Control is the occurrence of any one or more of the following: (i) the accumulation (if over time, in any consecutive twelve (12) month period), whether directly, indirectly, beneficially or of record, by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended) of 50.1% or more of the shares of the outstanding common stock of the Company, whether by merger, consolidation, sale or other transfer of shares of common stock (other than a merger or consolidation where the stockholders of the Company prior to the merger or consolidation are the holders of a majority of the voting securities of the entity that survives such merger or consolidation), (ii) a sale of all or substantially all of the assets of the Company or (iii) during any period of twelve (12) consecutive months, the individuals who, at the beginning of such period, constitute the Board, and any new director whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds (2/3) of the directors then still in office who either were directors at the beginning of the 12-month period or whose election or nomination for election was previously so approved, cease for any reason to constitute at least a

 

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majority of the Board; provided, however, that the following acquisitions shall not constitute a Change in Control for the purposes of this Agreement: (A) any acquisitions of common stock or securities convertible, exercisable or exchangeable into common stock directly from the Company or from any affiliate of the Company, or (B) any acquisition of common stock or securities convertible, exercisable or exchangeable into common stock by any employee benefit plan (or related trust) sponsored by or maintained by the Company.

 

Governing Law:  The laws of the State of Nevada and any applicable federal laws shall exclusively govern the offer made in this letter and, if accepted, your employment with the Company.

 

Please acknowledge your acceptance of this offer by signing in the space indicated for that purpose and returning the same to me by August 29, 2014. Please fax your acceptance to me at 720.974.7249.

 

Pershing Gold Corporation

 

 

	
By:
    	
/s/   Mindyjo Germann
    	
 
    
	
 
    	
Mindyjo   Germann
    	
 
    
	
 
    	
Human   Resources Administrator
    	
 
    

 

Accepted and agreed to this 27th day of August, 2014

 

 

	
/s/   Tim M. Janke
    	
 
    
	
Tim M. Janke
    	
 
    

 

6ccni_ex101.htm

Exhibit 10.1

 

 

EXECUTIVE EMPLOYMENT AGREEMENT

 

DATED AS OF SEPTEMBER 2, 2014

 

BETWEEN

 

COMMAND CENTER, INC.

 

AND

 

JEFF WILSON

 

 

  

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EXECUTIVE EMPLOYMENT AGREEMENT

 

This EXECUTIVE EMPLOYMENT AGREEMENT (the “Agreement”) made this 2nd day of September, 2014, by and between COMMAND CENTER, INC., a Washington corporation (hereinafter called “Company”) and JEFF WILSON, an individual (hereinafter called “Executive”).

 

RECITALS

 

Company desires to employ Executive and Executive desires to accept such employment, all on the terms and conditions hereinafter set forth.

 

AGREEMENT

 

NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants set forth in this Agreement, the parties hereto agree as follows:

 

1. Employment.

 

Subject to the terms and conditions of this Agreement, Company hereby employs Executive, and Executive hereby accepts such employment, as the Chief Financial Officer of Company and in such other capacities and for such other duties and services as will from time to time be mutually agreed upon by Company and Executive, consistent with the position of the Chief Financial Officer and reporting directly to the President and Chief Executive Officer.

 

2. Full Time Occupation.

 

Executive will devote Executive's entire business time, attention, and efforts as reasonably necessary to the performance of Executive's duties under this Agreement, and will serve Company faithfully and diligently and, except as may be specifically allowed by the Board of Directors, will not engage in any other employment while employed by Company.

 

3. Compensation.

 

(a) Salary.

 

During the Employment Period (as defined herein), Company will pay to Executive, as full compensation for the services rendered by Executive, a base salary at a rate of $200,000 per annum (“Base Salary”).  Company will pay the Base Salary in accordance with Company's established payroll procedures.  Payments will be made in bi-weekly installments, or in such other periodic installments upon which Company and Executive will mutually agree.

 

(b) Bonus.

 

In addition to the Base Salary, Executive will be eligible to receive annual incentive bonus compensation (the “Annual Bonus”) pursuant to the Executive Bonus Plan approved  by the Company's Board of Directors and/or the Compensation Committee of the Board of Directors.  The bonus plan will be based on performance metrics determined by the Company’s Board of Directors and/or the Compensation Committee of the Board of Directors at the beginning of each year and will target an Annual Bonus of 55% of the President and CEO’s Annual Bonus.  As the proration for the fiscal year 2014, Executive’s Annual Bonus will be computed as 75% of the Annual Bonus Executive would have received had he been employed for the entire fiscal year.

(c) Withholding.  The Company may withhold from any payments or benefits under this Agreement, all federal, state and local taxes as the Company is required to withhold pursuant to any law or governmental rule or regulation.  Executive shall bear all expense of, and be solely responsible for, all federal, state and local taxes due with respect to any payment received hereunder.

  

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4. Stock Options and Stock.

 

(a) Initial Stock Option Grant.  Executive is hereby awarded unvested options to acquire 500,000 shares of the Company’s common stock, $0.001 par value, at the exercise price equal to the closing price of the shares on the Effective Date.  The Effective Date shall be the date upon which this Executive Employment Agreement has been fully executed and delivered by both Executive and Company. The options shall vest in four equal annual installments of 125,000 options, beginning on the Vesting Commencement Date, as defined in the Notice of Stock Option Award.  Executive acknowledges receipt of a copy of the 2008 Stock Incentive Plan pursuant to which the options are awarded, the Prospectus and the Registration Statement.  Exhibit A, the Notice of Stock Option Award and Stock Option Award Agreement, which is attached hereto and incorporated into this Executive Employment Agreement by reference, sets forth the terms and conditions of the award.  Exhibit A shall be binding upon the parties only when it has been executed by Executive and on behalf of the Company.

 

 (b) Restricted Stock Grant.  Executive will be provided a grant of 100,000 shares of the Company’s common stock. The shares awarded will vest over a period of four years, with 25,000 shares vesting annually upon each of the first four anniversaries of the Effective Date.  Shares awarded shall be restricted pursuant to Rule 144.  The right to receive shares not then vested will expire upon termination of the Employment Period (as defined below).

 

(c) Performance Option Restricted Stock Grant.  Executive will be provided an additional grant of 100,000 shares of common stock, to be granted and vest immediately only upon the company meeting both of the following performance requirements during any 30 day period within the Employment Period: company stock trading at a 30 day average price/earnings ratio greater than 20 and a 30 day average daily trading volume greater than .3% of the then-total outstanding shares. Shares awarded under this paragraph shall also be restricted pursuant to Rule 144.

 

(d) Future Stock Option Grants.  In the sole and absolute discretion of the Compensation Committee, Executive may become eligible for future option awards on such terms and conditions as the Committee directs, and on the same basis as other executive officers of the Company.

 

5. Relocation Expenses.

 

For a period of up to 12 months following the Effective Date, Company will pay the Executive’s cost of temporary housing in the Coeur d’Alene area, not to exceed  $2,000 per month..  If the corporate office relocates to a different state during the Employment Period, Executive will have the option of either paid relocation to the new location including moving costs for moving household furnishings and belongings, OR, additional reimbursement for up to 15 months of temporary housing   at the new location, at Executive’s cost, not to exceed $2,000 per month.  If payments for or reimbursements to Executive under this Section 5 are reportable as taxable income by Executive, the payment by Company shall be grossed up to take into account the income tax impact.

 

6. Other Benefits.

 

(a) Reimbursement.  During the Employment Period, Company will reimburse Executive for all travel and entertainment expenses and other ordinary and necessary business expenses incurred by Executive in connection with the business of Company and Executive's duties under this Agreement.  The term “business expenses” will not include any item not deductible by Company for federal income tax purposes.  To obtain reimbursement, Executive will submit to Company receipts, bills, or sales slips for the expenses incurred.

 

(b) Professional Memberships and Continuing Professional Education.  Company will pay for dues and fees required for any professional licenses maintained by Executive, membership in professional or industry associations, continuing education requirements associated with any professional license and conferences and seminars commonly attended by executives in similar companies.

 

(c) Vacation.  Executive will be entitled to four weeks paid vacation each year.

 

(d) Other Benefits.  During the Employment Period, Executive will be entitled to participate in any group insurance, pension, retirement, vacation, expense reimbursement, stock option, and other plans, programs, and benefits approved by the Compensation Committee and made available from time to time to executive employees of Company generally during the term of Executive's employment hereunder.  The foregoing will not obligate Company to adopt or maintain any particular plan, program, or benefit.

 

  

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(e) Board of Director Compensation.  Prior to, or upon conclusion of your term as a Director for the Company, you will be compensated for time served on the board to include:

 

(1)  2012-2014 Board of Director Stock options.  20,000 options per year of service per the Board of Director agreement.

 

(2) 2014 Restricted Stock Grant.  A grant of 20,000 shares of restricted common stock per the board of director’s compensation plan.

 

(3)  Compensation for Q3 2014 Board of Director Service totaling $7,500.

 

7. Term of Employment.

 

(a) Employment Term.

 

The term of Executive's employment hereunder will commence on the Effective Date and will continue for a period of one year following the Effective Date, unless terminated by either party pursuant to the terms of this Agreement (such period and any extensions thereof, the “Employment Period”).  The term of the Employment Period hereunder will automatically renew for a successive one-year term, unless terminated by either party giving written notice to the other not less than 30 days prior to the end of the then-current term or as otherwise set forth in this Agreement.

 

(b) Termination Under Certain Circumstances.  Notwithstanding anything to the contrary herein contained:

 

(i) Death.  Executive's employment will be automatically terminated, without notice, effective upon the date of Executive's death.

 

(ii) Disability.  If Executive will fail to perform any of Executive’s job duties under this Agreement as the result of illness or other incapacity, with or without reasonable accommodation, for a period of more than eight consecutive weeks, or for more than eight weeks within any six-month period, as determined by Company, Company may, at its option, and upon notice to Executive, terminate Executive's employment effective on the date of that notice.

 

(iii) Cause.  Company may terminate Executive’s employment during the Employment Period for Cause.  For purposes of this Agreement, “Cause” will mean any of the following:

 

(1) the failure of Executive to perform Executive’s duties pursuant to this Agreement to the objectively reasonable satisfaction of the Board of Directors, which remains uncured for 15 days after a written demand for performance is delivered to Executive by the Board of Directors or an executive officer of Company that specifically identifies the manner in which the Board of Directors or such executive officer believes that Executive has not performed Executive’s duties;

 

(2) Executive’s indictment for, or conviction of, a crime involving moral turpitude whether or not relating to Company;

 

(3) gross negligence or willful misconduct by Executive in the performance of his duties as an employee of Company;

 

(4) the association, directly or indirectly, of Executive, for his profit or financial benefit, with any person, firm, partnership, association, entity, or corporation that competes with Company;

 

(5) the disclosing or using of any material Confidential Information (as hereinafter defined) of Company at any time by Executive, except as required in connection with his duties to Company;

 

(6) the breach by Executive of his fiduciary duty or duty of trust to Company, including, but not limited to, the commission by Executive of an act of fraud or embezzlement against Company;

 

(7) chronic absenteeism;

 

(8) substance abuse;

 

  

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(9) misconduct or dishonesty toward or involving Company, which misconduct or dishonesty is injurious to the Company, monetarily or otherwise; or

 

(10) any other material breach by Executive of any of the terms or provisions of this Agreement, which other material breach is not cured within ten business days of notice by the Company.

 

(iv) Change of Control.  In the event of a Change of Control (as defined below), Company may, upon written notice to the Executive, terminate Executive’s employment by providing the Executive  with 30 days' written notice after the effective date of the Change of Control.  For the purposes of this Agreement, a “Change in Control” will be deemed to have occurred if and when:

 

(1) Tender Offer.  A tender offer or exchange offer is made whereby the effect of such offer is to take over and control Company, and such offer is consummated for the equity securities of Company representing 50% or more of the combined voting power of Company’s then outstanding voting securities;

 

(2) Merger or Consolidation.  The shareholders of Company approve a merger, consolidation, recapitalization, or reorganization of Company, or consummation of any such transaction if shareholder approval is not obtained, other than any such transaction that would result in at least 75% of the total voting power represented by the voting securities of the surviving entity outstanding immediately after such transaction being beneficially owned by the holders of outstanding voting securities of Company immediately prior to the transaction, with the voting power of each such continuing holder relative to other such continuing holders not substantially altered in the transaction; or

 

(3) Sale of Assets.  The shareholders of Company approve  an agreement for the sale or disposition by Company of all or substantially all of Company's assets to another person or entity, which is not a wholly owned subsidiary of Company.

 

(v) Without Cause

 

(1)Executive may terminate the Employment Period at  any time upon giving to Company written notice sixty days in advance of the proposed termination date.

 

(2) Company may terminate the Employment Period at any time before the expiration of this Agreement without cause by giving to Executive written notice sixty days in advance of the proposed termination date.

 

(vi) Result of Termination of Employment Period.

 

(1) In the event of the termination of  the Employment Period pursuant to Section 7(b)(iii) [Cause] or Section 7(b)(v)(1) [by Executive] above, Executive will receive no further compensation under this Agreement following the date of termination.

 

(2) In the event of the termination of  the Employment Period pursuant to Section 7(b)(i) [Death] or 7(b)(ii) [Disability] above, Executive or Executive’s personal representative or estate will continue to receive Executive’s Base Salary during the six-month period following the date of termination and Executive’s stock and stock options granted under Section 4 shall become fully vested at the date of termination.  

 

(3) In the event of the termination of the Employment Period pursuant to Section 7(b)(iv) [Change in Control] above, Executive will continue to receive his Base Salary and his Annual Bonus, computed at 55% of the President and CEO’s Base Salary at the date of termination, for the 12 month period following the date of termination and Executive’s stock and stock options granted under Section 4 shall become fully vested at the date of termination.

 

(4) In the event of termination  during the initial one year term of the Employment Period pursuant to Section 7(b)(v)(2) [Without Cause] above, Executive will continue to receive his Base Salary for the 12 month period following the date of termination or through the end of the then-current Employment Period, whichever is longer. In the event of termination  during any subsequent one year term of the Employment Period pursuant to Section 7(b)(v)(2) [Without Cause] above, Executive will continue to receive his Base Salary for the 12 month period following the date of termination.

 

(5) Executive will continue to be bound by Sections 8 and 9 of this Agreement following termination of Executive’s employment on any basis set forth in this Section 7(b).

 

  

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8. Competition and Confidential Information.

 

(a) Non-Competition.

 

During the term of the Employment Period and for  six months after the termination of  the Employment Period , regardless of the reason therefor, or six months after the final payment of compensation by Company to Executive, whichever is later, Executive will not (whether directly or indirectly, as owner, principal, agent, stockholder, director, officer, manager, executive, partner, participant, or in any other capacity) engage or become financially interested in any competitive business conducted within the Restricted Territory or solicit, canvas, or accept, or authorize any other person, firm, or entity to solicit, canvas, or accept, from any customers of Company or its subsidiaries, any business within the Restricted Territory for Executive or for any other person, firm, or entity.  As used herein, “customers of Company” will mean any persons, firms, or entities that purchased goods or services from Company during the Employment Period; “competitive business” will mean any business which sells or provides or attempts to sell or provide products or services the same as or substantially similar to the products or services sold or provided by Company or any of its subsidiaries; and the “Restricted Territory” will mean the United States or, in the alternative, in the event any reviewing court finds the United States to be overbroad or unenforceable, within 25 miles of any existing or proposed office location of Company.

 

(b) Confidential Information.

 

Executive will maintain in strict secrecy all confidential or trade secret information relating to the business of Company or any of its subsidiaries (the “Confidential Information”) obtained by Executive in the course of Executive’s employment, and Executive will not, unless first authorized in writing by Company, disclose to, or use for Executive's benefit or for the benefit of any person, firm, or entity at any time either during or subsequent to the term of Executive's employment with Company, any Confidential Information, except as required in the performance of Executive's duties on behalf of Company.  For purposes hereof, “Confidential Information” will include, without limitation, any trade secrets, knowledge, or information with respect to processes, procedures, plans, inventions, techniques, or know-how; any business methods or forms; any names or addresses of customers or data on customers or suppliers; and any business policies or other information relating to or dealing with the purchasing, sales, or distribution policies or practices of Company.

 

(c) Return of Books and Papers.

 

Upon the termination of Executive's employment with Company for any reason, Executive will deliver promptly to Company all catalogues, manuals, memoranda, drawings, and specifications; all cost, pricing, and other financial data; all customer information; all other materials, whether written, printed or stored in any electronic media, which are the property of Company or any of its subsidiaries (and any copies of them); desktop or laptop computers, software, access cards, “passwords”, cellular phones, personal digital assistants and pagers; and all other materials which may contain Confidential Information relating to the business of Company or any of its subsidiaries  (whether maintained in tangible, documentary form, computer memory or other electronic or digital  format),  which Executive may then have in Executive's possession whether prepared by Executive or not.

 

(d) Disclosure of Information.

 

Executive will disclose promptly to Company, or its nominee, any and all ideas, designs, processes, and improvements of any kind relating to the business of Company or any of its subsidiaries, whether patentable or not, conceived or made by Executive, either alone or jointly with others, during working hours or otherwise, during the entire period of Executive's employment with Company, or within six months thereafter.

 

(e) Assignment.

 

Executive hereby assigns to Company or its nominee, the entire right, title, and interest in and to all discoveries and improvements, whether patentable or not, which Executive may conceive or make during Executive's employment with Company, or within six months thereafter, and which relate to the business of Company or any of its subsidiaries.  All copyrights, patents, trade secrets, or other intellectual property rights associated with any ideas, concepts, techniques, inventions, processes, or works of authorship developed or created by Executive during the Employment Period (collectively, the "Work Product") shall belong exclusively to Company and shall be considered a work made by Executive for hire within the meaning of Title 17 of the United States Code. To the extent the Work Product may not be considered work made for hire, Executive agrees to assign at the time of creation of the Work Product, without any requirement of further consideration, any right, title, or interest that Executive may have in such Work Product.  Upon Company’s request, Executive will take such further actions, including execution and delivery of instruments of conveyance, as may be appropriate to give full and proper effect to such assignment.

 

(f) Equitable Relief.

 

In the event a violation of any of the restrictions contained in this Section 8 is established, Company will be entitled to preliminary and permanent injunctive relief as well as damages and an equitable accounting of all earnings, profits, and other benefits arising from such violation, which right will be cumulative and in addition to any other rights or remedies to which Company may be entitled.  In the event of a violation of any provision of this Section 8, the period for which those provisions would remain in effect will be extended for a period of time equal to that period beginning when such violation commenced and ending when the activities constituting such violation will have been finally terminated in good faith.

 

  

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(g) Restrictions Separable.

 

Each and every restriction set forth in this Section 8 is independent and severable from the others, and no such restriction will be rendered unenforceable by virtue of the fact that, for any reason, any other or others of them may be unenforceable in whole or in part.

 

(h) No Violation.

 

The execution and delivery of this Agreement and the performance of Executive’s services contemplated hereby will not violate or result in a breach by Executive of, or constitute a default under, or conflict with: (i) any provision or restriction of any employment, consulting, or other similar agreement; (ii) any agreement by Executive with any third party not to compete with, solicit from, or otherwise disparage such third party; (iii) any provision or restriction of any agreement, contract, or instrument to which Executive is a party or by which Executive is bound; or (iv) any order, judgment, award, decree, law, rule, ordinance, or regulation or any other restriction of any kind or character to which Executive is subject or by which Executive is bound.

 

(i) Non-Disparagement.  Executive agrees that he will make no statement, oral or written, and which, by itself, may significantly or substantially damage the reputation of the Company or any director, officer or employee of the Company.

 

9. Miscellaneous.

 

(a) 2)Notices.

 

All notices, requests, demands, and other communications required or permitted under this Agreement will be in writing and will be deemed to have been duly given and received: i) if mailed by registered or certified mail, three business days after deposit in the United States mail, postage prepaid, return receipt requested; ii) if hand delivered, upon delivery against receipt or upon refusal to accept the notice; or iii) if delivered by a standard overnight courier, one business day after deposit with such courier, postage prepaid, in each case, addressed to such party at the address set forth below:

 

(i) If to Company:

 

Command Center, Inc.

3901 N. Schreiber Way

Coeur d’Alene, Idaho 83815

Attn:  Bubba Sandford

 

(ii) If to Executive:

 

Jeff Wilson

10659 East Lake Joy Dr. NE

Carnation, WA 98014

 

Either party may change the address to which communications or copies are to be sent by giving notice of such change of address in conformity with the provisions of this Section 9(a) for the giving of notice.

 

(b) Waivers.

 

Neither any failure nor any delay on the part of either party to exercise any right, remedy, power, or privilege under this Agreement will operate as a waiver thereof, nor will any single or partial exercise of any right, remedy, power, or privilege preclude any other or further exercise of the same or of any other right, remedy, power, or privilege, nor will any waiver of any right, remedy, power, or privilege with respect to any occurrence be construed as a waiver of such right, remedy, power, or privilege with respect to any other occurrence.

 

  

7

  

(c) Controlling Law, Jurisdiction and Venue.

 

This Agreement and all questions relating to its validity, interpretation, performance, and enforcement will be governed by and construed in accordance with the laws of the State of Washington, notwithstanding any Washington or other conflict-of-interest provisions to the contrary.    Executive agrees that any and all claims arising between the parties out of this agreement shall be controlled by the laws of the State of Washington, as follows: any dispute, controversy arising out of, connected to, or relating to any matters herein of the transactions between Company and Executive, or this Agreement, which cannot be resolved by negotiation (including, without limitation, any dispute over the arbitrability of an issue), will be settled by binding arbitration in accordance with the J.A.M.S/ENDISPUTE Arbitration Rules and Procedures, as amended by this Agreement. Arbitration proceedings will be held in Spokane, Washington. Company and Executive agree the prevailing party on any action to enforce rights hereunder shall be entitled, in addition to any awarded damages, their costs and reasonable attorney's fees, whether at  arbitration, or on appeal. The parties agree that this provision and the Arbitrator's authority to grant relief are subject to the United States Arbitration Act, 9 U.S.C. § 1 et seq. ("USAA") and the provisions of this Agreement. The parties agree that the arbitrator shall have no power or authority to make awards or issue orders of any kind except as expressly permitted by this Agreement, and in no event does the arbitrator have the authority to make any award that provides for punitive or exemplary damages. The award may be confirmed and enforced in any court of competent jurisdiction. All post-award proceedings will be governed by the USAA. Company and Executive irrevocably consent to the jurisdiction and venue of such arbitration and such courts.

 

(d) Binding Nature of Agreement.

 

This Agreement will be binding upon and inure to the benefit of the parties hereto and their respective heirs, personal representatives, successors, and assigns except that no party may assign or transfer such party's rights or obligations under this Agreement without the prior written consent of the other party.

 

(e) Execution in Counterparts.

 

This Agreement may be executed in any number of counterparts, each of which will be deemed to be an original as against any party whose signature appears thereon, and all of which will together constitute one and the same instrument.  This Agreement will become binding when one or more counterparts hereof, individually or taken together, will bear the signatures of the parties reflected hereon as the signatories.

 

(f) Provisions Separable.

 

The provisions of this Agreement are independent of and separable from each other, and no provision will be affected or rendered invalid or unenforceable by virtue of the fact that for any reason any other or others of them may be invalid or unenforceable in whole or in part.

 

(g) Entire Agreement.

 

This Agreement contains the entire understanding between the parties hereto with respect to the subject matter hereof, and supersedes all prior and contemporaneous agreements and understandings, inducements, and conditions, express or implied, oral or written, except as herein contained.  The express terms hereof control and supersede: (a) any course of performance and/or usage of the trade inconsistent with any of the terms hereof; and (b) any provision of any other plan or agreement maintained by Company for the benefit of its employees generally inconsistent with any of the terms hereof.  This Agreement may not be modified or amended other than by an agreement in writing signed by the parties hereto.

 

(h) Paragraph Headings.

 

  The paragraph headings in this Agreement are for convenience only; they form no part of this Agreement and will not affect its interpretation.

 

(i) Gender.

 

Words used herein, regardless of the number and gender specifically used, will be deemed and construed to include any other number, singular or plural, and any other gender, masculine, feminine, or neuter, as the context requires.

 

(j) Number of Days.

 

In computing the number of days for purposes of this Agreement, all days will be counted, including Saturdays, Sundays, and holidays; provided, however, that if the final day of any time period falls on a Saturday, Sunday, or holiday, then the final day will be deemed to be the next day which is not a Saturday, Sunday, or holiday.

 

(k)           Third Party Beneficiaries.    This Agreement shall not inure to the benefit of anyone other than Executive and Company and their successors and assigns.  No third party may bring an action to enforce any term hereof and no third party beneficiary rights are created by this Agreement.

 

(l)           Non-Transferability. This is a personal agreement.  None of the Executive’s rights, benefits, or interests hereunder may be subject to sale, anticipation, alienation, assignment, encumbrance, charge, pledge hypothecation, transfer, or set off in respect of any claim, debt, or obligation, or to execution, attachment, levy or similar process, or assignment by operation of law.  Any attempt, voluntary or involuntary, to effect any such action shall be null, void, and of no effect.

 

  

8

  

 

IN WITNESS WHEREOF, the parties hereto have executed this Executive Employment Agreement as of the Effective Date.

 

	 	

COMMAND CENTER, INC., a Washington corporation

	 
	 	 	 	 
	
 

	
By: 

	/s/ Frederick Sandford	 
	 	 	Frederick Sandford	 
	 	 	President and Chief Executive Officer	 
	 	 	 
Date: September 2, 2014

	 
	 	

EXECUTIVE

	 
	 	 	 	 
	

 

	 	/s/ Jeff Wilson	 
	 	 	

Jeff Wilson, an individual

	 
	 	 	 
Date: September 2, 2014

	 

 

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