Document:

Exhibit 10.1 

 

Exhibit 10.1 – Employment
agreement dated November 8, 2004, between VantageMed Corporation and Steve
Curd.

 

EMPLOYMENT AGREEMENT

 

This
Employment Agreement (the “Agreement”) is made and entered into by and between
VantageMed Corporation (the “Company”) and Steve Curd (the “Employee”). The
effective date of this Agreement is November 8, 2004 (the “Effective Date”).

 

1.             Position and Duties.   Employee will be employed
by the Company as its Chief Executive Officer, reporting to the Board. Employee
accepts employment with the Company on the terms and conditions set forth in
this Agreement, and Employee agrees to devote Employee’s full working time,
energy and skill to Employee’s duties at the Company and shall use his best
efforts to perform his duties. These duties will include, but not be limited
to, those duties normally performed by a Chief Executive Officer, as well as
any other reasonable duties consistent with such position that may be assigned
to Employee from time to time.

 

2.             Term of Employment.   Employee’s employment with the Company
started on the Effective Date and shall continue for a period of three
(3) years (the “Term”); provided, however, that the relationship may be
terminated by Employee or the Company pursuant to the provisions of Paragraphs
4 and 5 below. Thereafter, subject to the provisions for termination in
Paragraph 4, this Agreement shall be extended automatically for a term of
one year (the “Renewal Term”), unless: (a) the Company or the Employee
gives written termination notice to the other party at least thirty days prior
to either the termination of the initial Term of employment or any Renewal Term
established thereafter; or (b) the Company and the Employee agree to a
mutually acceptable date on which to terminate this agreement.

 

3.             Compensation.   Employee will be
compensated by the Company for Employee’s services as follows:

 

(a)           Salary:   Employee will be paid an annual salary of Two
Hundred Thousand Dollars in U.S. currency ($200,000.00), less applicable
withholding, in accordance with the Company’s normal payroll procedures.
Employee’s salary will be reviewed by the Board from time to time, but no less
frequently than annually, and may be subject to adjustment based upon various
factors including, but not limited to, Employee’s performance and the Company’s
profitability. Any adjustment to Employee’s salary shall be in the sole
discretion of the Board.

 

(b)           Bonus:   Employee will be eligible
to receive an annual bonus of up to One Hundred Thousand Dollars ($100,000)
consisting of cash, stock options or other monetary compensation based upon the
Company’s achievement of various financial and/or other goals established by
the Compensation Committee or the Board. The amount of the bonus will be
determined by the Compensation Committee or the Board at its discretion and
subject to the terms of the management team bonus plan pertaining to senior
executives as adopted by the Board from time to time. Unless otherwise
specified in writing, such bonus payments(s) shall not be deemed to have been
earned or accrued until all of the time and performance conditions for the
bonus are met by Employee.

 

(c)           Benefits:   Employee will have the
right, on the same basis as other senior executives of the Company, to
participate in and to receive benefits under any Company medical, life,
long-term disability or other group insurance plans, as well as under the
Company’s business expense reimbursement and other policies. Employee will
accrue four (4) weeks paid vacation annually and shall be compensated in
accordance with the Company’s vacation policy. Vacation shall be taken at a
reasonable time or times so as not to negatively impact the operations of the
Company. Employee may accrue a maximum of six weeks vacation. At that time, no
further vacation shall be earned until Employee has used some portion of his
accrued vacation, thereby reducing the total amount below the permitted
maximum.

 

 

(d)           Stock Options:   Employee will be granted an option to
purchase 405,360 shares of the Company’s common stock under the Company’s 1998
Stock Option/Stock Issuance Plan, as amended and restated on November 22,
1999 (the “Stock Option Plan”) at an exercise price equal to the fair market
value of that stock on the Effective Date (the “Option”). The Option will be
governed by and subject to the terms and conditions of the Company’s standard
form of stock option agreement (which Employee will be required to sign in
connection with the issuance of the Option). 
Twenty-five percent (25%) of the Option shall vest on the first
anniversary of the Effective Date, with the balance vesting pro rata at the end
of each month during the thirty-six (36) month period beginning on the one
year anniversary of the Effective Date.

 

(e)           Expenses:   Employee will be subject to
the Company’s Employee Travel and Expense policy while employed with the
Company.  Additionally, during the first
90 days of employment, Employee will be entitled to hotel, travel and meal
reimbursement for stays at the Rancho Cordova, CA corporate headquarters
office.  Prior to the end of the first 90
days of employment, the Employee and the Board of Directors will determine,
based on the needs of the Company, whether and to what extent, there will be a
continuation of this reimbursement and for what duration.

 

4.             Termination.   Employee’s employment hereunder shall
terminate upon the occurrence of any of the following events:

 

(a)           Voluntary Resignation.   Employee’s voluntary resignation upon thirty
(30) days written notice. The Company may, in its sole discretion, elect
to waive all or any part of such notice period and accept Employee’s
resignation at an earlier date.

 

(b)           Death or Disability.   Employee’s death or
disability (meaning that Employee is unable to perform Employee’s duties for
three or more consecutive months or four or more non-consecutive months in any
one-year period as a result of a physical and/or mental impairment);

 

(c)           Termination with Cause.   The Company may terminate Employee’s
employment hereunder at any time prior to the end of the Term or any renewal
term for “Cause” as defined below. For purposes of this Agreement, a
termination for “Cause” occurs upon the happening of any of the following
events: (i) Employee pleads guilty to, enters a plea of nolo contendre to,
or is convicted of fraud, misappropriation or embezzlement, any felony or crime
of moral turpitude or any crime that impairs Employee’s ability to perform his
duties under this Agreement; (ii) Employee’s theft, dishonesty, fraud, or
the intentional falsification of any employment or Company records;
(iii) Employee intentionally or recklessly discloses any of the Company’s
confidential or proprietary information or otherwise materially breaches the
Company’s standard form of employee confidentiality and assignment of inventions
agreement; (iv) Employee’s willful neglect of duties or failure to follow
the good faith directions of the Board determined by the Board; (v) Employee’s
failure to perform his duties to the reasonable satisfaction of the Board and
such failure is not cured within thirty (30) days after Employee receives
written notice thereof from the Board; (vi) Employee’s failure to perform the
essential functions of his position, with or without reasonable accommodation,
due to a mental or physical disability; (vii) Employee’s death;  (viii) a material breach of this
Agreement or any other material agreement between Employee and the Company and
(ix) acts or omissions constituting gross negligence, recklessness or willful
misconduct on the part of Employee with respect to Employee’s obligations or
otherwise relating to the business of the Company.

 

(d)           Termination without Cause.   The Company may terminate
Employee’s employment hereunder at any time prior to the end of the Term or any
renewal term without Cause and for any reason;

 

 

(e)           Termination for Good Reason.   This Agreement shall terminate at Employee’s
option under the following circumstances: (i) the Company’s failure to
perform or observe any of the material terms or provisions of this Agreement,
and the continued failure of the Company to cure such default within thirty
(30) days after written demand for performance has been give to the
Company by the Employee, which demand shall describe specifically the nature of
such alleged failure to perform or observe such material terms or provisions;
(ii) a material reduction in the scope of the Employee’s responsibilities
and duties; or (iii) in the absence of a written agreement between the
Company and Employee, a material reduction in Employee’s base pay or incentive
compensation.

 

Termination under this
subparagraph (e) shall be effective upon the delivery by Employee to the
Company of a Notice of Intended Termination (the “Notice”) at least fifteen
(15) business days prior to termination by Employee. The Notice shall
state with particularity the basis of such termination. The Company shall have
fifteen (15) business days after receipt of such Notice to remedy the
facts and circumstances underlying the termination. Employee shall make a good
faith determination immediately after such fifteen (15)-day period whether such
facts and circumstances have been remedied and shall communicate Employee’s
determination in writing to the Company.

 

5.             Benefits upon Termination.   Employee shall receive the
following benefits upon the termination of his employment hereunder pursuant to
the terms hereunder:

 

(a)  In the event
Employee’s employment is terminated pursuant to paragraph 4 (a), (b), (c),
or at the end of the Term or any Renewal Term, Employee shall receive all
compensation accrued under Paragraph 3 which is unpaid as of the date of
termination. Employee shall not receive for any other compensation from the
Company other than those earned under Paragraph 3 through the date of
Employee’s termination.

 

(b)  In the event
Employee’s employment is terminated pursuant to paragraph 4(d) or
(e) prior to the end of the initial Term and any Renewal Term and if
Employee signs a general release of all claims, known and unknown, Employee may
have against the Company arising out of his employment or termination of
employment, in a form satisfactory to the Company, Employee shall receive the
following:

 

(i)  A severance
payment equal to 12 months’ salary at Employee’s then current salary, less
applicable withholding, in accordance with the Company’s normal payroll
schedule through the applicable severance period.

 

(ii)  In addition
to the severance payment, the Company shall pay the premiums to continue
Employee’s group health insurance coverage under COBRA for the period that
Employee is receiving the severance payment; provided, however, that from and
after the first date that Employee first commences other employment or provides
services as a consultant or other self-employed individual, the Company, at its
option, may eliminate or otherwise reduce payment of the COBRA premiums to the
extent the Employee receives health benefits from such other employment or
self-employment.

 

6.             Acceleration of Option on a
Change of Control.  The Option shall provide that 25% of the
Option will vest upon a Change of Control (as defined in the Stock Option Plan)
during the first six months of this Agreement, and 50% of the unvested portion
of the Option will vest upon a Change of Control after the first six months of
this Agreement.  If Employee is terminated
or resigns pursuant to Paragraph 4(d) or 4(e) hereunder within ninety (90) days
prior to a Change in Control, the Option will accelerate upon the Change in
Control as set forth in this Paragraph 6.

 

 

7.             Confidential and
Proprietary Information.   As a condition of Employee’s employment, Employee agrees to sign the
Company’s standard form of employee confidentiality and assignment of
inventions agreement.

 

8.             Conflicts of Interest.  In
addition to any conflict of interest provisions in the agreement referred to in
Paragraph 7 above, Employee shall accept no outside employment that would
create a conflict of interest with the Company, and Employee shall be strictly
prohibited from referring clients or potential clients to any competitor of the
Company or assisting any competitor in obtaining any client or potential
client.  Employee will at all times work
vigorously on behalf of the Company to the exclusion of any competitor to seek
and retain any and all possible clients and potential clients of the Company.  In addition to the foregoing, Employee shall
immediately resign from any position or Board membership at and sever all ties
with Crossapps.  Employee shall work
diligently to divest any securities of Crossapps owned by Employee.  In the event such securities cannot be
disposed of, Employee and Company shall work together to place such securities
in a blind trust over which Employee shall have no voting or dispositive
control during the time he is an employee of the Company and thereafter during
any non-compete period, if any.  Employee
shall make no further investments in Crossapps while an Employee of the
Company.

 

9.             Other Competing Positions. 
Employee has listed on Exhibit A hereto any and all equity, consulting,
management, employee or board positions he currently holds in any company or
entity that competes with or is in the same market space as the Company.  Employee agrees not to acquire any equity
securities, including any additional equity securities, of any such competitive
company or entity during the time he is an employee of the Company and
thereafter during any non-compete period, if any.

 

10.           Dispute Resolution.   Any dispute arising out of,
or relating to, the rights or obligations of the parties under this Agreement
shall be conclusively determined by binding arbitration. The arbitration shall
be conducted as follows:

 

(a)           Binding Arbitration.   Any dispute between the
parties shall be submitted to, and conclusively determined by, binding
arbitration in accordance with this paragraph. The provisions of this paragraph
shall not preclude any party from seeking injunctive or other provisional or
equitable relief in order to preserve the status quo of the parties pending
resolution of the dispute, and the filing of any action seeking injunctive or
other provisional relief shall not be construed as a waiver of that party’s
arbitration rights. A single arbitrator in accordance with the then-existing
employment rules of the American Arbitration Association shall conduct the
arbitration. The arbitrator, whose decision shall be final and binding, shall
be selected in accordance with the rules of the American Arbitration
Association.

 

(b)           Location of Arbitration.   Any arbitration hearing shall be conducted in
Sacramento County, California .

 

(c)           Applicable Law.   The arbitration of any
dispute shall be governed by the California Arbitration Act (California Code of
Civil Procedure “ 1280, et seq.,
and minimum due process requirements established by the California Supreme
Court in Armendariz v. Foundation
Health Psychcare Services, Inc., 24 Cal.4th 83 (2000).

 

(d)           Limitation on Scope of
Arbitrator’s Award or Decision.   The
parties to this Agreement agree that if the arbitrator finds any disputed claim
to be meritorious, the arbitrator shall have the authority to order legal
and/or equitable relief appropriate to the claim.

 

(e)           Attorney’s Fees.   Each party shall initially bear its/his own
attorney’s fees. However, the parties to this Agreement agree that the
arbitrator, in his or her discretion, may award to the prevailing party the
reasonable attorney’s fees incurred by the party in participating in the
arbitration process.

 

 

11.           Representation by Counsel.   The parties have carefully
read this Agreement and the contents hereof are known and understood by all
parties. The parties have each had the opportunity to receive independent legal
advice from attorneys of their choice with respect to the advisability of
executing this Agreement. The parties acknowledge that they have executed this
Agreement after independent investigation and without fraud, duress, or undue
influence.

 

12.           Notices.   For purposes of this
Agreement, notices and other communications provided for in this Agreement
shall be in writing and shall be delivered personally or sent by United States
certified mail, return receipt requested, postage prepaid, addressed as
follows:

 

If to Employee:

 

Steve Curd

1245 Day Road

Gilroy, CA 95020

 

If to Company:

 

Chairman of the Board of
Directors

VantageMed Corporation

3017 Kilgore Road

Suite 195

Rancho Cordova, CA 95670

 

13.           Severability.   If any provision of this
Agreement is deemed invalid, illegal or unenforceable, such provision shall be
modified so as to make it valid, legal and enforceable, and the validity,
legality and enforceability of the remaining provisions of this Agreement shall
not in any way be affected.

 

14.           Assignment.   In view of the personal nature of the
services to be performed under this Agreement by Employee, Employee cannot
assign or transfer any of Employee’s obligations under this Agreement.

 

15.           Entire Agreement.   This Agreement and the agreements referred to
above constitute the entire agreement between Employee and the Company
regarding the terms and conditions of Employee’s employment, and they supersede
all prior negotiations, representations or agreements between Employee and the
Company regarding Employee’s employment, whether written or oral.

 

16.           Modification.   This Agreement may only be
modified or amended by a supplemental written agreement signed by Employee and
an authorized representative of the Company

 

 

IN
WITNESS WHEREOF, the parties have executed this Agreement as of the date and
year written below.

 

	
   

  	
  VantageMed
  Corporation

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/
  Phillip D. Ranger

  
	
   

  	
   

  	
  Phillip
  Ranger

  
	
   Date:November 8, 2004

  	
  Its:

  	
  Chief
  Financial Officer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  /s/
  Steve Curd

  
	
   Date:November 8, 2004

  	
   

  	
  Steve
  Curd

  

 

 

EXHIBIT A

 

COMPETING INTERESTS

 

Employee currently owns an
equity interest in Crossapps representing 12% of Crossapps’ outstanding equity
securities.Exhibit 10.1

 

TERMS AND CONDITIONS OF EMPLOYMENT

 

DATE:  10 November 2004

 

PARTIES:

 

(1)         “The
Company”: VIA NET.WORKS Inc. whose
registered office is at 620 Birchwood Boulevard, Birchwood Warrington WA3 7OZ
United Kingdom

 

(2)         Cameron Mackenzie of [address
omitted].

 

1            Commencement of Employment

 

1.1         Your employment will begin on 1st
November 2004.  This contract replaces
any prior agreements or understandings between you and the Company or its
affiliates.

 

2            Probationary period

 

2.1         Your employment is not subject to a probationary
period.

 

3            Job Title

 

3.1       You are employed by the Company as
Chief Financial Officer

 

3.2         In addition to your normal duties, you may be
required to undertake other duties from time to time as directed by the CEO.

 

4            Place of work

 

4.1         You will be based at your home address for the
benefit of this contract. Your most frequent office and that which you should
regard as your main place of work will be at the corporate office in Schipol,
Netherlands. The company will require you to spend time at other locations
within the group. This will predominantly be the UK, Netherlands or Geneva.

 

4.2         You may from time to time be required to travel to
other companies within the group.  This
may involve travel outside mainland Europe.

 

5            Payment

 

5.1         You will be paid a salary of £130,000 per annum
(this equals € 190.784 per annum). This will be paid monthly directly to your
bank/building society account in arrears. In the event that you move
permanently to the Netherlands, your salary will be adjusted to a payment in
Euros. This represents an amount of €190,784 per annum. This agreement applies
to your car allowance payments, and private health care payments and the euro
totals are indicated. These figures will only vary in the event that a
considerable change is seen in the exchange rate.

 

5.2         The Company reserves the right to deduct from your
wages, any amount due by you to the Company, including overpayment of wages.

 

 

5.3         You will also eligible for a car allowance of
£1,023 (1,500 €) per month.  Payable
whilst in your current role.  The Company
reserves the right to amend or withdraw this payment should your role change.

 

6            Annual Performance bonus

 

6.1         You will be eligible for a discretionary annual
performance bonus of up to 50 % of your base salary, in line with the VIA
NET.WORKS corporate bonus policy.

 

7            Annual Salary Review

 

7.1         Your salary and benefits will be reviewed on April 1st
2006.  This review will consider a review
of your personal performance, market conditions and will be correlated to the
Executive Management team review.

 

8            Expenses

 

8.1         Your approved expenses will be reimbursed
according to the Company’s Expenses policy set out in the Employee Handbook. In
addition, the company will pay for all return flights to and from the UK on the
condition that low cost airlines are used at all times. In the event that a low
cost airline no longer continues a route, a suitable alternative will be
discussed in advance.

 

9            Normal Hours of Work

 

9.1       You are required to work 37.5 hours per week.

 

9.2         Your hours may be varied from time to time at the
discretion of the Company, including the total number of hours per week.

 

10         Holidays

 

10.1       The holiday year runs from January to December. In
addition to public holidays you are entitled to the following paid working days’
holiday accruing pro rata in each calendar year.  All holidays must be authorised by your
manager in advance.

 

Your holiday leave entitlement will be 25
days

 

10.2       You are entitled to carry over five days of
holiday leave from one calendar year to the next.

 

10.3       You may take a maximum of ten consecutive days of
holiday leave.  The prior consent of the
CEO is required if you wish to take more than ten consecutive days of holiday
leave.

 

 

10.4       If on termination of your employment you have
exceeded your entitlement to holidays the overpayment will be deducted from
your final salary.

 

10.5       If you have not taken all of your holiday
entitlement on the termination of your employment you are entitled to payment
in lieu of that unused entitlement.

 

11         Private Health Insurance

 

11.1       You will receive a separate allowance of £852
(1250 euros) per annum to contribute towards private health insurance of your
choice.

 

12         Sickness and Sick Pay

 

12.1       You will receive sick pay in accordance with the
Company’s sick pay scheme as follows:

 

12.2       You will receive 100% of your wages for the first
six weeks of sickness;

 

12.3       Any Sickness in excess of 12.2 will be reviewed at
that time by the VP of HR.

 

12.4       The company reserves the right to request a Doctor’s
certificate at any time.

 

13         Other Employment

 

13.1       You must not without the prior written consent of the CEO (which
will not be unreasonably withheld) engage, whether directly or indirectly,
outside your hours of work for the Company in any other business or employment.

 

14         Collective Agreements

 

14.1       There are
no collective agreements relevant to your employment.

 

15         Pension

 

15.1       The Company will make a monthly contribution of 8
% of the gross monthly salary.

 

15.2       A Stakeholder Pension is available if you wish to
join – details are available from HR.

 

15.3       A contracting out certificate is not in force.

 

16         Notice of termination

 

16.1       The period of notice to be given in writing by the
Company to terminate your employment is 3 months. This notice period will be
applicable until June 1st 2005.

 

16.2       After 1st June 2005, on the provision that
satisfactory performance has been achieved and is confirmed by the CEO and the
Board of Directors, your notice period will be increased to 6 months.

 

16.3       The Company reserves the right to pay you wages in
lieu of notice.

 

 

16.4       You may terminate your employment by giving 3
months notice at any time.

 

16.5       The Company reserves the right to terminate your
employment without notice or salary in lieu of notice in the appropriate
circumstances. This will be subject to investigation.

 

16.6       If you leave your employment without giving notice
to the Company  or during your notice
period, the Company reserves the right to deduct one day’s pay for each day not
worked during the notice period from your final salary.

 

16.7       On termination of your employment for any reason
(or earlier if requested) you will immediately deliver up to the Company
originals and copies of all documents, accounts, computer disks and printouts
and all other property in your possession or control which belong or relate in
any way to the business of the Company.

 

16.8       You will on the termination of your employment for
any reason at the request of the board of directors of the Company immediately
resign without claim for compensation as a director or other officer and as
trustee of the Company.

 

17         Garden leave

 

17.1       During any period of notice you may be required to
perform duties not within your normal duties or special projects.  Alternatively, the Company may require you
not to attend work or perform any duties. However, the Company will continue to
provide you with salary and all other contractual benefits.

 

17.2       During any such period you will not be entitled to
provide services to any third party.

 

17.3       If this provision is used then any period of
restriction placed upon you following the termination of your employment will
be reduced accordingly.

 

18         Disciplinary and Grievance
Procedure

 

18.1       Details of the above procedures are set out in the Employee Handbook and are
used for guidance and reference purposes only.

 

 

19         Confidentiality

 

19.1       During your employment you may have direct or
indirect access to a substantial amount of confidential material, relating to
the Company and VIA NET.WORKS, Inc. (“Proprietary Information”).  Proprietary Information shall mean
inventions, trade secrets, ideas, processes, formulae, source and object codes,
data, programs, other works of authorship, know-how, improvements, discoveries,
developments, designs and techniques (collectively referred to as “Inventions”);
(b) information regarding plans for research, development, new products,
acquisitions, marketing and selling, business plans, budgets and unpublished
financial statements, prices and costs, suppliers and customers; and (c)
information relating to personnel, investors and capital structure.

 

19.2       You agree to keep the Proprietary Information in
strict confidence.  You will not
disclose, use, lecture upon, or publish any Proprietary Information, except as
required in the course of your work for the Company.  You agree to abide by these restrictions with
respect to any Proprietary Information of any third party to the extent you
receive such information in the course of your employment with the Company.

 

19.3       You agree that the Company solely owns all
Proprietary Information.  In other words,
all right, title, and interest in any Proprietary Information shall be the
exclusive property of the Company and any patent rights, copyrights, mask work
rights, trade secret rights, and all other rights recognised throughout the
world shall be considered the exclusive property of the Company.

 

19.4       You agree that the Company owns any and all
Inventions that you create in the course of your employment with the Company.  You agree to assign to the Company all
rights, title, and interest in any Inventions along with all relevant
Proprietary Rights developed in part or in whole by you during the period of
your employment with the Company. 
Inventions assigned to the Company are referred to as “Company
Inventions.”

 

19.5       It may be necessary to have you execute documents
confirming the Company’s ownership of results from your work for the Company,
and you agree to execute such documents as the Company may request from time to
time whether during your employment or after the termination of your employment
with the Company.

 

20         Post-termination restrictions

 

20.1       You will not for a period of 3 months after the
termination of your employment with the Company directly or indirectly:

 

20.2       solicit, deal or contract with any person,
partnership, firm or company who at any time during the six months immediately
preceding the termination of your employment is or was:

 

20.3       negotiating with the Company for the supply of
goods or services;

 

20.4       a client or customer of the Company;

 

20.5       in the habit of dealing with the Company, where
the soliciting, dealing or contracting relates to goods and/or services which
are competitive with or of the 

 

 

type supplied by the
Company in respect of the supply of which you were engaged or concerned in the
last six months immediately preceding the termination of your employment and
where you dealt or had contact with that person, partnership, firm or company.

 

20.6       solicit away from the Company any person who is or
was, when your employment terminated, employed or engaged by the Company as a
director, senior manager or sales person who was a member of any department in
which you worked during the last six months of your employment.

 

21         Personal data

 

21.1       The Company may hold a wide variety of
personal data, including, but not limited to references, personal records,
e-mails containing personal details, addresses, appraisals and details of your
contractual benefits.

 

21.2       Personal data will be processed (includes, but is
not limited to, creating, obtaining, recording, holding or destroying such
data) by the Company from time to time. 
In particular, personal data shall be processed internally within the
Company and other VIA NET.WORKS, Inc. companies within the EU and may also be
passed to and subsequently processed by VIA NET.WORKS, Inc. companies based in
the United States, and Switzerland and other third-party organisations, in each
case for the purposes of the employment relationship only.  Further details of the uses of your data can
be found in the Employee Handbook.

 

By
signing this agreement, you consent to the Company processing personal data
held in relation to you.

 

I UNDERSTAND THAT THIS AGREEMENT AFFECTS MY
RIGHTS TO INVENTIONS I MAKE DURING MY EMPLOYMENT, AND RESTRICTS MY RIGHT TO
DISCLOSE OR USE THE COMPANY’S PROPRIETARY INFORMATION DURING OR AFTER THE
TERMINATION OF MY EMPLOYMENT.

 

I acknowledge receipt of this contract of employment and Employee
Handbook and having read these documents I accept the terms and conditions.

 

	
   

  	
  /S/ Cameron Mackenzie

  	
   

  	
  November 9, 2004

  	
   

  
	
   

  	
  Signed by the Employee

  	
  Date

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  /s/ Rebecca Markovits

  	
   

  	
  November 9, 2004

  	
   

  
	
   

  	
  Signed for
  and on behalf of the Company 

  	
  Date

  	
   

  
	
   

  	
  by Rebecca E. Markovits – VP Human Resources

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