Amendment 1A to Employment Agreement Between Company and Jon Sloan
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Summary
This contract is an amendment to the employment agreement between the company and Jon Sloan. It outlines Jon Sloan's compensation, including a leased car allowance and an annual bonus based on new business. Jon Sloan is appointed as Executive Vice President of National Accounts, a Corporate Officer, and a member of the corporate Steering Committee. The amendment also states that if Jon Sloan breaches the contract by quitting or being terminated for cause, the non-compete clause will remain in effect.
EX-10.7 3 a2041673zex-10_7.txt AMENDMENT 1A AGR. BETWEEN CO. AND JON SLOAN Exhibit 10.7 JON SLOAN CONTRACT AMENDMENT 1A o Leased car equivalent in dollars to existing plan o Annual bonus TBD based on new business o EVP National Accounts o Corporate Officer o Member of the corporate Steering committee o Non-Compete-If Jon Sloan breaches the contract-either by quitting or getting terminated for cause-the non-compete survives Jon Sloan Eric Lefkofsky EVP National Accounts Chief Operating Officer /s/ JON SLOAN /s/ ERIC LEFKOFSKY - -------------------- ---------------------------