AgenTus presently offers medical, dental, vision and life insurance plans, Flexible Spending Accounts, and both short and long-term disability programs. In addition, we presently offer a 401(k) plan that you are eligible to join and begin making contributions to as of your date of hire. In addition, the Company begins to make a significant match to your employee contributions on your start date as well. You will be entitled to four weeks of vacation and 11 holidays per calendar year, as set forth by AgenTus and in accordance with its employment policies. AgenTus may, in its discretion, change its benefits plans or the benefits that it offers to its employees.
As part of your employment with AgenTus, you have and will be exposed to, and provided with, valuable confidential and/or trade secret information concerning the Company and its present and prospective clients. As a result, in order to protect the Companys legitimate business interests, you agree, as a condition of your employment, to enter into our standard form Employee Non-Disclosure Agreement. This document is enclosed for your review and execution by the first day of your employment. In addition, please understand that all employment with AgenTus is on an at will basis. This letter does not constitute a contract of employment for a specific term. Nonetheless, AgenTus does guarantee that you will be paid at least $180,000 (less applicable legal deductions) during the first six months and at least $90,000 thereafter. This means that if your employment is terminated during your first six months of employment, you will continue to be paid your base salary uninterrupted until your six-month anniversary of employment, and if your employment is terminated thereafter you will continue to be paid your base salary uninterrupted for an additional three months thereafter. Receipt of salary continuation after termination is subject to signing a standard separation agreement that includes a customary release of any claims. Your employment may be renewed for additional one-year increments based upon mutual agreement between you and the Chairmen of the Board, with a salary obligation no less than received for the first year of employment.
In your first days with AgenTus, you can expect to receive an orientation, including learning more about our business and your career development. You will be introduced to many internal administrative matters that are important to our business processes.
Walter, through the course of our recruiting efforts, we meet and interview many individuals with strong backgrounds. Our recruiting process is highly selective one that we feel helps us carefully consider your qualifications and interests and matches them to our needs. At AgenTus, our goal is to afford all of our employees the opportunity to pursue a career, to achieve their personal best, and to balance their personal and professional goals. We value your abilities and believe you will find our work environment to be challenging and fulfilling and believe we can provide you with an atmosphere in which you can develop your professional talents to the fullest. Again, it is a pleasure to extend this offer to you. The provisions of this offer letter supersede all prior oral and written offers, communications, agreements and understandings between AgenTus and you with respect to the subject matter of this letter. Please also note that this offer, including all of the terms in this letter, is contingent upon approval of the Companys Board of Directors.