50 of the Top 250 law firms use our Products every day
April 1,
2005
Chuck Sherman
RE: Chief Operating Officer
We are pleased
to make the following offer to you regarding continued employment
at Prolink Solutions, LLC.
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Chief Operating
Officer
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CEO
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April 15,
2005
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Through
December 31, 2006
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Manage existing
operations including service, installation, support, IT,
engineering, research and development, purchasing, manufacturing,
Interfacing between internal and external finance groups, sales
personnel, executive team and board of director and key investors.
Direct responsibly to grow, manage and develop new product
development and material. Manage and develop the internal software
systems to integrate service, finance and sales along with
executive reporting which will provide accurate forecasting for
revenue and assisting in fulfilling that forecast. Work with
customers to obtain executive team standard for product acceptance.
Provide an accurate and professional department forecast and
budget. Develop and establish new compensation models and
structures for the reporting line departments. Assist the Portfolio
Department in restructuring of troubled accounts. Work closely with
the Marketing Department to properly position and present our
product and services to the market place. In addition assume
responsibility of operating P and L. With integrated dotted line
reporting authority for CFO and Sales department.
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2005 -$210,000
annually (prorated effective 4/15/05 - 2006-$250,000 (subject to
terms below) Payable Bi-weekly
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Travel and
Entertainment Expense:
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The company
will reimburse you for all approved expenses subject to company
policy.
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Standard
benefits package as detailed in the Company handbook. Vacation to
be four weeks per year for 2005 and 2006.
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You will be
eligible for a series of bonuses equal to 85% of your
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Page 2 of
2
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Chuck Sherman-
Offer Letter
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April 1,
2005
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base salary
structured as follows:
1. 20%
$35,700) Cost reductions — successful reduction of costs per
installation (excluding VDU) from agreed upon base platform.
Incentive to be prorated based on 0% to 100% of available incentive
based 0% to 30% cost reduction
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