Dear Sean:Executive Employment Agreement |
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[WESTAFF LOGO] August 28, 2008 Sean
Wong Dear Sean: This letter is to confirm our verbal offer of employment to you as VP, Controller in Westaff's Corporate office in Walnut Creek California, reporting to me Christa Leonard, SVP and CFO. Your official start date will be Monday, September 22, 2008, with a starting salary of $175,000 per year with a sign on bonus of $17,500 on your start date and $17,500 in 90 days. You are also eligible for participation in the Company's annual bonus plan program commensurate to your position level and no less then 25% of your base salary. You will be eligible for three weeks of vacation per year based upon the standard vacation accrual of the company's vacation policy. In addition to the above, upon successful completion of the following you will be eligible for a $17,500 dollar bonus: • Consultant-free in the accounting department by an agreed upon date; • Year end audit completed timely; • Timely and accurate completion of the 10K; Pending Board approval, you will also be eligible to par |
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