Exhibit 10.2
PREMIER ENERGY,
INC.
14785 Preston Road, Suite
550
Dallas, TX 75254
MR.
ALEXEY VLADIMIROVICH GOLESHEV
3-9 Donskaya
st. Moscow, Russia 117049
Tel.: 7(495)
959-82-81
Mobile +7916
238 0394
E-mail:
berrings@mail.ru
EMPLOYMENT AGREEMENT
This Agreement
made as of this 30th day of January 2009, by and among Alexey
Goleshev of Moscow, Russia (“Employee”) and Premier
Energy Corp., a Florida corporation with offices in Dallas, Texas
(the “Company”).
Whereas, The
Board of Directors of the Company recognizes Employee’s
potential contribution to the growth and success of the Company and
desires to assure the Company of Employee’s employment in an
executive capacity as Chief Financial Officer and to compensate him
for his services in performing in that capacity, the parties agree
to the following terms and conditions of employment.
Employee wants
to be employed by the Company and to commit himself to serve the
Company on the terms herein provided.
NOW, THEREFORE,
in consideration of the foregoing and of the respective covenants
and agreements of the parties, the parties agree as
follows:
“Benefits” shall mean all the fringe
benefits approved by the Board from time to time and established by
the Company for the benefit of employees generally and/or for key
employees of the Company as a class, including, but not limited to,
regular holidays, vacations, absences resulting from illness or
accident, health insurance, disability and medical plans (including
dental and prescription drug), group life insurance, and pension,
profit-sharing and stock bonus plans or their
equivalent.
“Board” shall mean the Board of
Directors of the Company, together with an executive committee
thereof (if any), as same shall be constituted from time to
time.
“Cause” for termination shall mean
(i) Employee’s final conviction of a felony involving a crime
of moral turpitude, (ii) acts of Employee which, in the judgment of
the Board, constitute willful fraud on the part of Employee in
connection with his duties under this Agreement, including but not
limited to misappropriation or embezzlement in the performance of
duties as an employee of the Company, or willfully engaging in
conduct materially injurious to the Company and in violation of the
covenants contained in this Agreement, or (iii) gross misconduct,
including but not limited to the willful failure of Employee either
to (a) continue to obey lawful written instruction of the Board
after thirty (30) days notice in writing of Employee’s
failure to do so and the Board’s intention to terminate
Employee if such failure is not corrected, or (b) correct any
conduct of Employee which constitutes a material breach of this
Agreement after thirty (30) days notice in writing of
Employee’s failure to do so and the Board’s intention
to terminate Employee if such failure is not corrected.
“Chairman” shall mean the individual
designated by the Board from time to time as its
chairman.
“Chief
Executive Officer” shall mean the individual having
responsibility to the Board for the operational affairs of the
Company and who reports and is accountable only to the President
and the Board.
“Employee” shall mean addressee and,
if the context requires, his heirs, personal representatives, and
permitted successors and assigns.
“Company” shall mean Company, a
Florida corporation, together with such subsidiaries of the Company
as may from time to time exist.
“Territory” means the Russian
Federation.
2. Position,
Responsibilities, and Term of Employment . This Section shall not restrict the
Employee from any employment activity for which he is currently
engaged.
2.01
Position. Employee shall
serve as Chief Financial Officer and in such additional management
position(s) as the Board shall designate. In this capacity Employee
shall, subject to the bylaws of the Company, and to the direction
of the Board and the Chief Executive Officer, serve the Company by
performing such duties and carrying out such responsibilities as
are normally related to the position of Chief Financial Officer in
accordance with the standards of the industry. The term
of this agreement is for 24 months.
2.02 Best
Efforts Covenant. Employee will, to the best of his ability,
devote his full professional and business time and best efforts to
the performance of his duties for the Company and its subsidiaries
and affiliates.
2.03
Exclusivity Covenant. During the Agreement’s term, Employee will
not undertake or engage in any other employment, occupation or
business enterprise other than a business enterprise in which
Employee does not actively participate. Further, Employee agrees
not to acquire, assume, or participate in, directly or indirectly,
any position, investment, or interest in the Territory adverse or
antagonistic to the Company, its business or prospects, financial
or otherwise, or take any action towards any of the foregoing. The
provisions of this Section shall not prevent Employee from owning
shares of any competitor of the Company so long as such shares (i)
do not constitute more than 5% of the outstanding equity of such
competitor, and (ii) are regularly traded on a recognized exchange
or listed for trading by NASDAQ in the over-the-counter
market.
2.04
Post-Employment Noncompetition Covenant. Except with the prior written consent of the
Board, Employee shall not engage in activities in the Territory
either on Employee’s own behalf or that of any other business
organization, which are in direct or indirect competition with the
Company for a period of one (1) year subsequent to Employee’s
voluntary withdrawal from employment with the Company (except for a
termination pursuant to a Change in Control), or the
Company’s termination of Employee’s employment for
Cause. Employee and the Company expressly declare that the
territorial and time limitations contained in this Section and the
definition of “Territory” are entirely reasonable at
this time and are properly and necessarily required for the
adequate protection of the business and intellectual property of
the Company. If such territorial or time limitations, or any
portions thereof, are deemed to be unreasonable by a court of
competent jurisdiction, whether due to passage of time, change of
circumstances or otherwise, Employee and the Company agree to a
reduction of said territorial and/or time limitations to such areas
and/or periods of time as said court shall deem
reasonable. For a period of one year subsequent to
Employee’s voluntary withdrawal from employment with the
Company (except for a termination pursuant to a Change in Control),
or the Company’s termination of Employee’s employment
for Cause, Employee will not without the express prior written
approval of the Board (i) directly or indirectly, in one or a
series of transactions, recruit, solicit or otherwise induce or
influence any proprietor, partner, stockholder, lender, director,
officer, employee, sales agent, joint venturer, investor, lessor,
supplier, customer, agent, representative or any other person which
has a business relationship with the Company or had a business
relationship with the Company within the twenty-four-(24) month
period preceding the date of the incident in question, to
discontinue, reduce, or modify such employment, agency or business
relationship with the Company, or (ii) employ or seek to employ or
cause any business organization in direct or indirect competition
with the Company to employ or seek to employ any person or agent
who is then (or was at any time within six months prior to the date
the Employee or the competitive business employs or seeks to employ
such person) employed or retained by the Company. Notwithstanding
the foregoing, nothing herein shall prevent the Employee from
providing a letter of recommendation to an employee with respect to
a future employment opportunity.
2.05
Confidential Information. Employee recognizes and acknowledges that the
Company’s trade secrets and proprietary information and
know-how, as they may exist from time to time (“Confidential
Information”), are valuable, special and unique assets of the
Company’s business, access to and knowledge of which are
essential to the performance of Employee’s duties hereunder.
Employee will not, during or after the term of his employment by
the Company, in whole or in part, disclose such secrets,
information or know-how to any Person for any reason or purpose
whatsoever, nor shall Employee make use of any such property for
his own purposes or for the benefit of any Person (except the
Company) under any circumstances during or after the term of his
employment, provided that after the term of his employment these
restrictions shall not apply to such secrets, information and
know-how which are then in the public domain (provided that
Employee was not responsible, directly or indirectly, for such
secrets, information or processes enteri
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