HTML Preview Non Profit Employment Agreement page number 1.
EMPLOYMENT AGREEMENT
Prepared by The Buske Group
This Employment Agreement is made and entered into by and between ________________, a non-profit corporation
(hereinafter referred to as "Employer") and ________________ (hereinafter referred to as "Employee") for the
position of Executive Director.
RECITAL
Employee has served in various capacities in the cable television field and through such experience has acquired
special skills, abilities and knowledge regarding public, educational and government access, the Employer's business
and the industry in which it is engaged. NOW, THEREFORE, in consideration of the above recital and of the mutual
promises and conditions in this Agreement, it is agreed as follows:
AGREEMENTS
1. Employment. Employer shall employ Employee as the Executive Director of _________ and Employee agrees to
be employed as its Executive Director for the term and under the conditions set forth in this Agreement.
2. Term of Agreement. The term of this Agreement shall be for a period of ________ (__) years commencing on
_______________, and ending on _______________.
3. Salary. As compensation for the services to be performed hereunder, Employee shall receive an annual base
salary of _______________ ($_______) during the first year of full employment. Employee shall receive
compensation on the fifteenth (15th) and last day of each month. Employee shall receive increases in salary as may
be determined by Employer's Board of Directors in its sole and absolute discretion. Employer, in considering
anyappropriate increases in salary, shall consider factors including but not limited to: (1) Employee's performance;
(2) inflation factors; (3) grant funding received by the Employer; and (4) overall funding available to
_______________ to provide access services. Employer shall have the right to deduct or withhold from the
compensation due to Employee any and all sums required by law to be deducted or withheld, including without
limitation, federal income and Social Security taxes and all state or local taxes now applicable or that may be
enacted and become applicable in the future.
4. Position. Employee shall be the general manager and executive director for Employer with full power and
authority to manage and conduct all of the business of Employer, subject to review by the Board of Directors of
Employer. A full description of duties and responsibilities of Employee is set forth in Section 9 below. Employee
shall not, however, take any of the following actions on behalf of Employer without the prior approval of the
Executive Committee of the Board of Directors:
A. Borrow or obtain credit in any amount or execute any guaranty;
B. Expend funds for capital equipment in excess of budgeted expenditures for any calendar month;
C. Execute any contract or make any commitment for the purchase or sale of Employer's assets in excess of
one thousand dollars ($1,000.00) per month;
D. Execute any lease of real or personal property; and
E. Exercise any discretionary authority over the management of any employee welfare or pension benefit
plan, or arrange the disposition of assets of any such plan.