Document:

exv10w3

 

Exhibit 10.3

CONSULTING AGREEMENT

     THIS CONSULTING AGREEMENT (the “Agreement”) is made as of January 24, 2003
(the “Effective Date”), by and between Eclipsys Corporation, a Delaware
corporation (the “Company”), and Harvey J. Wilson (the “Consultant”).

INTRODUCTION

     The Company desires to retain the services of the Consultant and the
Consultant desires to perform certain services for the Company. In
consideration of the mutual covenants and promises contained herein and other
good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged by the parties hereto, the parties agree as follows:

     1.     Services. The Consultant agrees to perform such consulting,
advisory and related services to and for the Company as may be reasonably
requested from time to time by the Chief Executive Officer or the Board of
Directors of the Company, including, but not limited to, the services specified
on Schedule A to this Agreement. Although the Company and the
Consultant contemplate a significant time commitment on the part of the
Consultant, the Consultant shall not be required to spend any specific amount
of time on Company projects.

     2.     Term. This Agreement shall commence on the Effective Date and
shall continue until the first anniversary of the Effective Date (such period,
as it may be extended, being referred to as the “Consultation Period”), unless
sooner terminated in accordance with the provisions of Section 4.

     3.     Compensation.

     3.1 Consulting Fees. The Company shall pay to the Consultant
consulting fees of up to $300,000 for the first year of the Consultation
Period. The actual amount of the fees payable to Consultant shall be
commensurate with the amount of work actually performed by the Consultant, as
more specifically agreed to in advance from time to time by the Consultant and
the Company’s Chief Executive Officer. Consultant shall invoice the Company
for consulting fees on a monthly basis no later than the end of each calendar
month, and the Company shall, unless it disputes the invoice, pay the
consulting fees within 15 days of receiving such invoice..

     3.2 Reimbursement of Expenses. The Company shall reimburse the
Consultant for all reasonable and necessary non-overhead expenses incurred or
paid by the Consultant in connection with, or related to, the performance of
his services under this Agreement consistent with the Company’s reimbursement
policies in effect from time to time. The Company will also bear the cost of
Consultant’s Internet connectivity to the Company. On the Effective Date, or
as soon thereafter as reasonably practicable, the Company shall provide to the
Consultant a copy of its current reimbursement policies and shall subsequently
provide to the Consultant any revisions thereto as may be applicable from time
to time.

     3.3 Benefits. The Company will pay to the Consultant for the
duration of the Consultation Period $510.60 per month, with the understanding
that such amount will be applied

 

 

by the Consultant to obtain health insurance.. The Consultant shall not
be entitled to any other benefits, coverages or privileges, including, without
limitation, social security, unemployment, medical or pension payments, made
available to employees of the Company.

     4.     Termination. The Consultation Period may be terminated (a) upon
the mutual written agreement of the Company and the Consultant and (b) by the
Company upon (i) the Consultant’s death or disability (as defined in the
Company’s long-term disability plan in effect from time to time), (ii) the
Consultant’s conviction of, or the entry of a pleading of guilty or nolo
contendere to, any crime involving moral turpitude or any felony or (iii) the
reasonable determination by the Company’s Board of Directors that the
Consultant has materially breached the provisions of this Agreement, the
provisions of that certain other Agreement of even date herewith between the
Company and the Consultant relating to the Consultant’s resignation as an
employee of the Company (the “Other Agreement”) or the provisions of the
Standard Agreement (as defined in the Other Agreement). In the event of any
such termination, the Consultant shall be entitled to payment for services
performed and expenses paid or incurred prior to the effective date of
termination.

     5.     Cooperation. The Consultant shall use his best efforts in the
performance of his obligations under this Agreement. The Company shall provide
such access to its information and property as may be reasonably required in
order to permit the Consultant to perform his obligations hereunder. The
Consultant shall cooperate with the Company’s personnel, shall not interfere
with the conduct of the Company’s business and shall observe all rules,
regulations and security requirements of the Company (or the Company’s
customers or vendors, to the extent applicable) concerning the safety of
persons and property.

     6.     Independent Contractor Status. The Consultant shall perform all
services under this Agreement as an “independent contractor” and not as an
employee or agent of the Company. The Consultant is not authorized to assume
or create any obligation or responsibility, express or implied, on behalf of,
or in the name of, the Company or to bind the Company in any manner. Without
limiting the generality of the foregoing:

     (a)  The Consultant shall be solely responsible for all state and federal
income taxes, unemployment insurance and social security taxes and for
maintaining adequate workers’ compensation insurance coverage for himself.

     (b)  The Consultant shall have the right to control and determine the
time, place, method, manner and means of performing the services contemplated
hereby. In performing the services, the amount of time devoted by the
Consultant will be entirely within the Consultant’s control.

     (c)  Subject to the non-competition provisions set forth in the Other
Agreement, the Consultant retains the right to contract with other companies or
entities for his consulting services without restriction. Likewise, the
Company retains a reciprocal right to contract with other companies and/or
individuals for consulting services without restriction.

     7.     Entire Agreement. This Consulting Agreement, together with the
Other Agreement and the Standard Agreement, constitutes the entire agreement
between the parties and

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supersedes all prior agreements and understandings, whether written or
oral, relating to the subject matter of this Agreement.

     8.     Amendment. This Agreement may be amended or modified only by a
written instrument executed by both the Company and the Consultant.

     9.     Governing Law. This Agreement shall be governed by and
construed in accordance with the laws of the State of Florida (without
reference to the conflicts of laws provisions thereof). In the event of a
dispute between the parties regarding a matter arising under or related to this
Agreement, such matter shall be submitted to binding arbitration under the
rules of JAMS. The arbitration proceeding shall be held in Palm Beach County,
Florida. Each party shall bear their own costs relating to the arbitration.
The arbitration shall be conducted before an arbitration panel consisting of
three arbitrators. Each party shall select one arbitrator, and the two so
selected shall select the third arbitrator. Notwithstanding the foregoing, in
the event of a breach of (i) Wilson’s duty of confidentiality as set-forth in
the Standard Agreement; or (ii) the non-competition or non-disparagement
provisions contained in the Other Agreement, the Company shall have the right
to seek appropriate relief including, among other things, injunctive relief, in
a court of competent jurisdiction located in Palm Beach County, Florida, and
the Company and the Consultant each consents to the jurisdiction of such a
court. The Company and the Consultant each hereby irrevocably waive any right
to a trial by jury in any action, suit or other legal proceeding arising under
or relating to any provision of this Agreement.

     10.     Successors and Assigns. This Agreement shall be binding upon,
and inure to the benefit of, both parties and their respective successors and
assigns, provided, however, that the obligations of the Consultant are personal
and shall not be assigned by him.

     11.     Miscellaneous.

     11.1 No delay or omission by either party in exercising any right under
this Agreement shall operate as a waiver of that or any other right. A waiver
or consent given by either party on any one occasion shall be effective only in
that instance and shall not be construed as a bar to or waiver of any right on
any other occasion.

     11.2 The captions of the sections of this Agreement are for convenience of
reference only and in no way define, limit or affect the scope or substance of
any section of this Agreement.

     11.3 In the event that any provision of this Agreement shall be invalid,
illegal or otherwise unenforceable, the validity, legality and enforceability
of the remaining provisions shall in no way be affected or impaired thereby.

[Signatures appear on following page]

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     IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the day and year set forth above.

	 
	ECLIPSYS CORPORATION
	 
	By:  /s/ Eugene V. Fife

Eugene V. Fife,

Chairman of the Board of Directors
	 
	CONSULTANT
	 
	/s/ Harvey J. Wilson

Harvey J. Wilson

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SCHEDULE A

Services

     It is initially contemplated that the projects and services to be
performed by the Consultant would include, without limitation, advising the
Chief Executive Officer in strategic initiatives, advising in the development
of the Company’s ongoing product strategy, and advising the Company so that it
can leverage the Consultant’s contacts and relationships to support the
Company’s sales effort.

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EXHIBIT 10.4

ECLIPSYS

The Outcomes Company

February 2, 2002

Mr. John S. Cooper

451 Barclay Road

Rosemont, Pa.  19010

Dear John:

We are pleased to confirm our offer for you to join us as an
Executive Vice President of Eclipsys with initial responsibility for
sales.  Your base annual compensation will be 275,000 per year
increasing to 330,000 per year in June of 2002.

You will also be eligible to participate in the Eclipsys Executive
Compensation Program.  This plan is similar in format and structure
to prior years.  As a participant in this program your annual
incentive compensation would be $250,000 at target.

You will participate in the Eclipsys Corporation Stock Plan by
receiving options to purchase shares of Eclipsys stock at a
price to be determined when you become a full time employee of the
company.  The options will be at fair market value on the day of
issue.  The stock option award will be for 200,000 shares vesting
over 4 years. The initial vesting date for these options is on the
date of grant for 40,000 shares; at the end of one year from the date
of award an additional 40,000 will vest with the remainder vesting
monthly thereafter for the next 36 months.

You will be entitled to severance benefits in the event your
employment is terminated other than for cause or a voluntary
termination, and you will participate in any existing or future plans
or programs of deferred or supplemental compensation that are
available to executives.  You will be entitled to a severance benefit
of 18 months of base pay, target bonus, and benefits unless a greater
benefit is provided under an existing or future executive severance program,
or employment agreement between you and the Company. Additionally, you will
be entitled to a severance benefit of 12 months of continued vesting of stock
options awards during the severance period.

You are protected under the change of control provisions along with
other key Eclipsys executives in the event you are let go or your
responsibilities are substantially changed as a result of a change of
control event.

As an Eclipsys employee, you will also be eligible to participate in
the Company’s employee benefit program including life and
disability insurance, hospitalization and major medical and dental
coverage effective on the first day of the month following your date
of hire.  You will have an opportunity to participate in the Eclipsys
Corporation 401(k) and Employee Stock Purchase Plans in accordance
with the plan’ entry and participation requirements.

We are very excited and pleased about your joining Eclipsys. I look
forward to working with you and transferring the sales leadership of
the company to you followed by the marketing leadership
responsibility when we mutually agree it is appropriate but in any
case no later than mid 2003.

It is anticipated that your start date will be during the month of
February or as soon as convenient for you and your family.

Welcome aboard,

/s/ HARVEY J. WILSON

Harvey J. Wilson

Chairman and CEO

1750 Clint Moore Road, Boca Raton, FL  33487

phone 561.322.4321 • fax 561.322.4320 •
info@eclipsys.com

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