THIS AGREEMENT,
made on the 28 th day of August 2009 between
United American Healthcare
Corporation, a company incorporated pursuant to
the laws of the State of Michigan
(Hereinafter revered to as “the Employer”)
OF THE FIRST PART
– And –
Anita R. Davis, of the City of Detroit, Michigan
(Hereinafter referred to as “the Manager”)
OF THE SECOND PART
WHEREAS the
Manager and the Employer wish to enter into an employment agreement
governing the terms and conditions of employment;
THIS AGREEMENT
WITNESSETH that in consideration of the premises and mutual
covenants and agreements hereinafter contained and for enhancement
of administrative stability and conformity with the Employer and
whereas Employer and Manager believe that a written employment
contract is necessary to describe specifically their relationship
and to serve as the basis of effective communication between them
as they fulfill their governance and administrative functions in
the operation of the employer. It is agreed by and between the
parties hereto as follows:
The employment
of the Manager shall commence the date hereof and continue for an
indefinite term until terminated in accordance with the provisions
of this agreement.
2.
Compensation and Benefits
In
consideration of her services to be provided by her hereunder, the
Manager, during the term of her employment, shall be paid a basic
salary of $140,000 annually, in equal by-weekly installments, in
arrears, less applicable statutory deductions. In addition to the
foregoing, subject to the Employer’s general expense
reimbursement policies established from time to time, employer will
reimburse manager for any and all necessary, customary, and usual
expenses incurred by her while traveling for and on behalf of the
employer pursuant to employer’s directions.
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a.
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Benefits. The Manager is entitled to receive
benefits in accordance with the Employer’s standard benefit
package, as amended from time to time. United American Healthcare
makes available a 401(k) plan to all managers on the first of
the next month following your date of hire. Eligible Managers may
elect to contribute up to 15% of their salary to the
401(k) plan, subject to the legal maximum per
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Page 1 of 4
Employment
Agreement
Anita R. Davis
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year. Further details will be
provided in the 401(k) Plan Handbook at the time of
enrollment
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3. Duties
and Responsibilities
Subject to the
supervision and pursuant to the orders, advice, and direction of
Employer, Manager shall perform such duties as are customarily
performed by one holding such position in other businesses or
enterprises of the same or similar nature as that engaged in by
employer. Manager shall additionally render such other and
unrelated services and duties as may be assigned to her from time
to time by employer.
4. Manner of
Performance of Manager’s Duties
Manager shall
at all times faithfully, industriously, and to the best of her
ability, experience, and talent, perform all duties that may be
required of and from her pursuant to the express and implicit terms
hereof to the reasonable satisfaction of employer. Such duties
shall be rendered at the above-mentioned premises and at such other
place or places as employer shall in good faith require or as the
interests, needs, business, and opportunities of employer shall
require or make advisable.
5.
Termination of Employment
Employer may
terminate the employment of Manager at any time:
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a.
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for
cause, in which conduct is seriously prejudicial to the Employer,
including, but not limited to, neglect of duty or breach of
contract in violation of the state licensing laws or rules. Reasons
for such a proposed discharge for cause shall be given to Manager
in writing and Manager is entitled to at least two (2) weeks
advance notice of termination or compensation in lieu of
notice;
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