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OFFER

Executive Employment Agreement

OFFER | Document Parties: PROLINK HOLDINGS CORP. | Chuck Sherman You are currently viewing:
This Executive Employment Agreement involves

PROLINK HOLDINGS CORP. | Chuck Sherman

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Title: OFFER
Date: 12/23/2005
Industry: Computer Peripherals    

OFFER, Parties: prolink holdings corp. , chuck sherman
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Exhibit 10.14

 

 

 

 

 

Prolink Solutions
LLC

April 1, 2005
Chuck Sherman
RE: Chief Operating Officer

Dear Chuck

We are pleased to make the following offer to you regarding continued employment at Prolink Solutions, LLC.

 

 

 

Position:

 

Chief Operating Officer

 

 

 

Reports To:

 

CEO

 

 

 

Start Date:

 

April 15, 2005

 

 

 

Term

 

Through December 31, 2006

 

 

 

Responsibilities:

 

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.

 

 

 

Base Salary:

 

2005 -$210,000 annually (prorated effective 4/15/05 - 2006-$250,000 (subject to terms below) Payable Bi-weekly

 

 

 

Travel and Entertainment Expense:

 

The company will reimburse you for all approved expenses subject to company policy.

 

 

 

Benefits:

 

Standard benefits package as detailed in the Company handbook. Vacation to be four weeks per year for 2005 and 2006.

 

 

 

Bonus:

 

You will be eligible for a series of bonuses equal to 85% of your

 


 

 

 

 

 

 

Page 2 of 2

 

 

Chuck Sherman- Offer Letter

 

 

April 1, 2005

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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