Motivating the Masses President and COO Compensation Agreement with Susie Carder
This agreement outlines the compensation structure for Susie Carder as President and COO of Motivating the Masses, effective May 1, 2016. It specifies an annual salary of $200,000, paid semi-monthly, and includes eligibility for an executive bonus based on company profitability. Additional benefits include car and phone allowances, 50% health insurance coverage, and a $30,000 annual Section 79 Plan or equivalent. Commissions for coaching and other sales are detailed, with specific payment schedules and conditions for previous clients. The agreement is signed by both the employee and the company.
Exhibit 10.2
Motivating the Masses
Compensation Structure
Position: President, COO
Employee: Susie Carder
As of May 1st, 2016 compensation will be broken into a few different categories. As described below, each aspect will assist in growing the business and compensating for efforts in each area. A 10% attrition rate will be deducted from sales for all calculations to allow for natural attrition. Coaching will be the exception as coaching commission is paid upon payment from client.
Salary: As of May 1st 2016 an Annual Salary of $200,000.00 will be paid semi-monthly on the 15th and the last day of the month.
Executive Bonus: An executive bonus stipulated by the Board of Directors will be provided based on the firm’s profitability.
Other:
Car Allowance
Phone Allowance
50% of Health Insurance
Section 79 Plan or equivalent $30,000 annually
Previous Coaching Clients: As of 1-21-16, previous clients being coached will be paid out at old rates.
All commissions, with the exception of Coaching Commission, will be paid out on the 15th of the month following 30 days from the end of each event.
 | 5/1/16 |  | 5/1/16 | |
| Employee | Date | MTM | Date |
