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Fill and Sign the Agreement with Manager to Plan Events for Expositions and Similar Events Form

Fill and Sign the Agreement with Manager to Plan Events for Expositions and Similar Events Form

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Agreement with Manager to Plan Events for Expositions and Similar Events Employment Agreement made on the ___________________ (date), between _________________________ (Name of Employee) of ________________________ ________________________________________________ (street address, city, state, zip code) , referred to herein as Manager , 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 Association.For and in consideration of the mutual covenants contained in this Agreement, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. Statement of Hiring. Association agrees to employ Manager for a period of one year, beginning on the effective date of this Agreement, as the Manager of the Association’s annual (type of exposition, such as: Outdoor Recreation Show) ________________________________________ (the Exposition), and similar such events of Association (the Events ). Manager agrees to accept this position upon the terms and conditions set forth in this Agreement.2. Duties of Manager. Manager agrees to take charge of the activities of the Events, and devote his entire time to the management and promotion of such Events and related activities.3.Compensation of Manager. In consideration of the services of Manager, he shall receive a salary of $____________ per year, payable in _____ (number) equal monthly installments, beginning on ___________________ (date).4.Manager’s Share of Net ProfitsA. In addition to the salary set forth in Section 3 of this Agreement, Manager shall receive _____% of the annual net profits on the operations of the Events.B. If the net profits are under $_____________ (dollar amount), then Manager shall beguaranteed a $___________ bonus at the end of the first year or _____% of the annual net profits, whichever is the greater. 5. Determination of Net ProfitsA. The annual gross profits of the Events shall be determined by considering receipts from outside gate, grandstand, concessions, space rentals, ground and building rentals, entry fees, and miscellaneous events or undertakings that deal directly with the activities of the Events. From such gross profits there shall be deducted the payment of premiums, entertainment, salaries, supplies, printing, advertising, insurance, and state and federal amusement taxes, which final amount, after such deductions, will constitute “net profits” for purposes of this Agreement.B. The income from the following sources shall not be included as part of the deductions in computing profits: federal, state, city, and county taxes, or contributions and donations to the Association.C. Expenses for permanent improvements on the grounds and buildings housing such Events, including labor on such improvements shall not be included in computing net profits for purposes of this Agreement.6. Manager’s Expenses. Manager shall be reimbursed for all expenses of business trips. These expenses shall include transportation fares, hotel bills, and meals, and if the Manager uses his own automobile, then he shall be reimbursed at the rate of $_________ per mile.7. Inventory and Accounts. Manager shall maintain a proper inventory and shall see that proper books of account are kept showing all receipts and expenditures. All of Manager's books of account, inventory, and contracts shall be subject to inspection by the officers and the executive committee of the Association, at reasonable times, and to auditors who may be engaged by the Association for the preparation of any desired audits.8. Office of Manager. Manager shall be provided with an office at _____________ _________________________________________________________ (address). 9.Policies of Association. Manager shall abide by such policies as may be determined by the board of directors of the Association and shall meet with such board of directors and make reports and recommendations to that board when requested to do so.10. Annual Reports. Manager shall make a report of the preceding year and submit such report at the annual meeting of the members of the Association to be held in ______ (month) of each year.11. Bank Deposits and ExpendituresA. All monies received by Manager on behalf of the Association are to be deposited in such bank or banks as may be designated by the board of directors of the Association.B. No expenditures shall be made from the funds so deposited except by checks signed as may be provided in the bylaws of the Association.12.Employment of Personnel. The employment of any personnel, the cost of which is in excess of $_____________ (dollar amount) , and the entry into any contract by Manager, shall first receive the approval of the President of the Association.13. Renewal of Contract. At the expiration of the period covered by this Agreement, if the services of Manager have been satisfactory to the Association, this Agreement shall be continued for an additional term of (e.g. one year) ________________ at the same salary as above set forth, or at such salary as may then be mutually agreed upon.14.Termination. Manager’s employment may be immediately terminated for reasons of incompetency, neglect of the business of Association, or a violation of any of the stipulations of this Agreement. Upon such termination, Manager shall not be entitled to any compensation after such notice of termination of employment.15.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. 16. 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.17.Governing Law. This Agreement shall be governed by, construed, and enforced in accordance with the laws of the State of _______________.18. Notices. 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.19. 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. 20.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.21. 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. 22.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.23.In this contract, any reference to a party includes that party's heirs, executors, administrators, successors and assigns, singular includes plural and masculine includes feminine.WITNESS our signatures as of the day and date first above stated. ____________________________ (Name of Association) ________________________By:_________________________ (Printed Name of Manager) __________________________ ________________________ (Printed Name & Office in Association) (Signature of Manager) __________________________ (Signature of Officer)

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