Fill and Sign the Agreement Officer Form

Employment Agreement with Chief Financial and Administrative Officer Employment Agreement made on the _____________ (date) , between _____________________ (Name of Employee) of ____________________________ ______________________________________ (street address, city, state, zip code) , referred to herein as Employee , and ___________________ (Name of Employer) , a corporation organized and existing under the laws of the state of ______________, with its principal office located at _______________________________________________ ______________________________ (street address, city, state, zip code) , referred to herein as Company . 1. Employment and Duties By this Agreement, Company employs Employee in the capacity of Chief Financial and Administrative Officer , and he is to perform such duties consistent with his executive status, as may be determined and assigned to by the him by the Chief Executive Officer (CEO) or board of directors of Company. Such duties will consist of, but not be limited to, the following:  Provides both operational and programmatic support to the Company;  Supervise the finance unit and be the chief financial spokesperson for the Company;  Assist the CEO on all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the securing of new funding;  Assist in performing all tasks necessary to achieve the Company's mission and help execute staff succession and growth plans;  Train the Finance Unit and other staff on raising awareness and knowledge of financial management matters;  Work with the CEO on the strategic vision of the Company including fostering and cultivating stakeholder relationships on city, state, and national levels, as well as assisting in the development and negotiation of contracts;  Participate in developing new business, specifically: assist the CEO in identifying new funding opportunities, the drafting of prospective programmatic budgets, and determining cost effectiveness of prospective service delivery;  Assess the benefits of all prospective contracts and advise the Executive Team on programmatic design and implementation matters;  Ensure adequate controls are installed and that substantiating documentation is approved and available such that all purchases may pass independent and governmental audits;  Provide the CEO with an operating budget;  Oversee the management and coordination of all fiscal reporting activities for the Company including: Company revenue/expense and balance sheet reports, reports to funding agencies, development and monitoring of Company and contract/grant budgets.  Oversee all purchasing and payroll activity for staff and participants;  Oversee the coordination and activities of independent auditors;  Attend Board and Subcommittee meetings; including being the Chairman of the Audit/Finance Committee;  Monitor banking activities of the Company;  Ensure adequate cash flow to meet the Company's needs;  Investigate cost-effective benefit plans and other fringe benefits which the Company may offer Employees and potential Employees with the goal of attracting and retaining qualified individuals;  Oversee the production of monthly financial reports;  Assist in the design, implementation, and timely calculations of wage incentives, commissions, and salaries for the management staff.  Oversee business insurance plans and health care coverage analysis.  Be the primary officer in charge of planning, directing, and overseeing policies related to the staff and services of a business Company, making regular reports to the CEO of same; and  Make sure that the management staff and the services of the Company are well organized and conducive to the development and progress of the Company. 2. Performance A. Employee agrees to devote all of his time and efforts to the performance of his duties. Company agrees that Employee may have time off (in the discretion of the CEO) to attend professional courses and programs necessary to his role as a certified public accountant. B. Employee will not, during the term of this Agreement, directly or engage in any business, either as an Employee, employer, consultant, principal, corporate officer, or in any other capacity, whether or not compensated, which is in direct competition with Company. 3. Term Except in the case of earlier termination for cause, death or health problems, the term of this Agreement shall be for ______ (number) years, commencing on ______________ (date) . At the expiration of such period of time, if neither party expresses objection by sending such objection to th e other party in writing, this A greement shall be extended on a year to year basis. 4. Compensation For all the services to be rendered by Employee in any capacity under this Agreement, including services as Chief Financial and Administrative Officer , or any other duties assigned to him by the CEO or the directors of Company, Company agrees to pay Employee a salary of $___________ per annum for the first year of this Agreement, payable as follows: A. Said salary shall be paid in periodic installments on the same terms and in the same manner as Company's general executive payroll. B. For each subsequent year of this Agreement the salary is to be paid at the same rate and in the same manner as stated above. 5. Insurance A. Company, at its expense, shall provide Employee with family coverage in a quality medical and hospitalization insurance program. Company, at its expense, shall also provide Employee with disability income insurance protection and any group life insurance that is provided for any other executive or principals of Company. B. Employee agrees that Company, in its discretion, may apply for and procure in its own name and for its own benefit, a key man life insurance on Employee's life in any amount or amounts considered advisable; and that he shall have no right, title or interest in such life insurance; and further, agrees to submit to any medical or other examination and to execute and deliver any application or other instrument in writing, reasonably necessary to effectuate such insurance. 6. Pension and Profit Sharing Company shall include Employee in all Company pension and profit-sharing plans in a comparable manner as provided for its other executives. 7. Miscellaneous Benefits Company agrees to provide Employee with the following benefits at Company's sole expense: A. Professional dues and program costs for all professional memberships and continuing educational programs deemed reasonably necessary by Employee to maintain his professional standing as a certified public accountant and as Chief Financial Officer of Company. B. Sick leave benefits as are granted pursuant to Company policy. C. Three weeks of paid vacation with the time of the vacations to be coordinated with the CEO. D. All expenses, including meals, lodging, transportation, and miscellaneous, for business and related travel. Company agrees to reimburse Employee for such travel expenses upon written request and proof of expenditures. E. At the end of each year of employment, Employee’s performance with be analyzed by the Board of Directors, who will consider giving Employee an equity interest in any new products the Company develops. 8. Nondisclosure of Confidential Information Employee agrees with Company that he will not, either during the term of his employment or at any subsequent time, disclose to anyone any confidential information concerning the business or affairs of Company. 9. Covenant Not to Compete Employee acknowledges that his services and responsibilities are of particular significance to Company and that his position with Company does and will continue to give him an intimate knowledge of its business. Because of this, it is important to Company that Employee be restricted from competing with Company in the event of the termination of his employment. Therefore, Employee agrees that he shall not compete directly or indirectly with Company or its business for a period of ______ (number) years anywhere in ________________ (name of state) . 10. Conflicting Obligations Employee represents and warrants to Company that he is not now under any obligation of a contractual or other nature to any person, firm or corporation which is inconsistent or in conflict with this Agreement or which would prevent him from performing his obligations under this Agreement. 11. Severability The invalidity of any portion of this Agreement will not and shall not be deemed to affect the validity of any other provision. If any provision of this Agreement is held to be invalid, the parties agree that the remaining provisions shall be deemed to be in full force and effect as if they had been executed by both parties subsequent to the expungement of the invalid provision. 12. No Waiver The failure of either party to this Agreement to insist upon the performance of any of the terms and conditions of this Agreement, or the waiver of any breach of any of the terms and conditions of this Agreement, shall not be construed as subsequently waiving any such terms and conditions, but the same shall continue and remain in full force and effect as if no such forbearance or waiver had occurred. 13. Governing Law This Agreement shall be governed by, construed, and enforced in accordance with the laws of the State of _____________. 14. Notices Unless provided herein to the contrary, any notice provided for or concerning this Agreement shall be in writing and shall be deemed sufficiently given when sent by certified or registered mail if sent to the respective address of each party as set forth at the beginning of this Agreement. 15. Mandatory Arbitration Any dispute under this Agreement shall be required to be resolved by binding arbitration of the parties hereto. If the parties cannot agree on an arbitrator, each party shall select one arbitrator and both arbitrators shall then select a third. The third arbitrator so selected shall arbitrate said dispute. The arbitration shall be governed by the rules of the American Arbitration Association then in force and effect. 16. Entire Agreement This Agreement shall constitute the entire agreement between the parties and any prior understanding or representation of any kind preceding the date of this Agreement shall not be binding upon either party except to the extent incorporated in this Agreement. 17. Modification of Agreement Any modification of this Agreement or additional obligation assumed by either party in connection with this Agreement shall be binding only if placed in writing and signed by each party or an authorized representative of each party. 18. Assignment of Rights The rights of each party under this Agreement are personal to that party and may not be assigned or transferred to any other person, firm, corporation, or other entity without the prior, express, and written consent of the other party. 19. Counterparts This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which together shall constitute but one and the same instrument. 20. Compliance with Laws In performing under this Agreement, all applicable governmental laws, regulations, orders, and other rules of duly-constituted authority will be followed and complied with in all respects by both parties. WITNESS our signatures as of the day and date first above stated. _________________________ (Name of Company) ________________________ By: _____________________________ (P rinted Name of Employee) ______________________ P rinted Name & Office in Company) ________________________ _________________________ (Signature of Employee) (Signature of Officer)