Employment Offer to ThomasKersting
Exhibit 10.18
Employment Offer to Thomas Kersting
| Title: | Merchant |
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| Reporting to: | Commercial Manager |
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| Starting Date: | May 6, 1996 |
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| Starting Salary: | $42,000 per year. First month to be prorated based upon starting date. |
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| Incentive Plan: | Any incentive plan has yet to be established. Once established, you will be eligible to participate in accordance to the plan’s guidelines. |
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| Performance Review: | Performance Reviews will be conducted every six (6) months. Salary reviews will be conducted annually at the end of each fiscal year (August 31). |
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| Benefits: | Any employee benefits package has yet to be established. Once established you will become eligible to participate in accordance to each plan’s requirements. |
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| Holidays: | New Year’s Day, Easter, Memorial Day, Fourth of July, Labor Day, Thanksgiving, Christmas |
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| Vacation: | You will receive ten (10) days vacation per year (September 1 through August 31). |
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| Termination: | Employment is at will. |
I have read and understand that my signature below denotes my acceptance of this offer.
| SOUTH DAKOTA SOYBEAN PROCESSORS |
| CANDIDATE | ||||||||
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| By: | /s/ Rodney G. Christianson |
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| By: | /s/ Thomas J. Kersting |
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| Rodney G. Christianson |
| Thomas J. Kersting | ||||||||
| Chief Executive Officer |
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| Date: | 3/26/96 |
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| Date: | 5/20/96 |
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