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JPA HUMAN RESOURCE OUTSOURCE PROPOSAL

Outsourcing Agreement

JPA HUMAN RESOURCE

                               OUTSOURCE PROPOSAL

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John Parry & Alexander

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Title: JPA HUMAN RESOURCE OUTSOURCE PROPOSAL
Date: 3/29/2005

JPA HUMAN RESOURCE

                               OUTSOURCE PROPOSAL

, Parties: john parry & alexander
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                                                                    EXHIBIT 10.7

 

                               JPA HUMAN RESOURCE

                               OUTSOURCE PROPOSAL

 

PROJECT DESCRIPTION

 

John Parry & Alexander (JPA), a Human Resource and Administrative Services

consulting company, has been asked to present a proposal to allow Evergreen Bank

("Client") to outsource its human resource function to JPA.

 

THE JPA HUMAN RESOURCE OUTSOURCE PROCESS

 

Clients who sign on with JPA go through a step-by-step process to ensure that

the end result will ensure that they have the policies and programs in place to

be competitive and that the policies and programs in place are compliant with

all administrative and regulatory requirements. This is the process we follow:

 

STEP 1 EMPLOYEE FILES AND PROCESSING

 

JPA will audit all employee files, establish payroll processing design, and

manage benefit providers. JPA will complete all file documentation as required

(I-9, W-4, etc.) If plans are not in place or plan change is warranted, JPA will

handle the plan change and implementation.

 

STEP 2 ACCOUNTABILITY MATRIX

 

JPA will develop a matrix to include all aspects of the Human Resource function

and will assign accountability for each.

 

STEP 3 EMPLOYEE HANDBOOK

 

If the company does not have an employee handbook or the current handbook is in

need of revision, JPA will complete a new employee handbook for the company.

 

STEP 4 EXECUTIVE BRIEFING BOOK

 

To ensure that the top executives of the company have all of the information

they need on each employee, JPA drafts and provides to management a detailed

briefing book on employees.

 

IMPLEMENTATION AND MAINTENANCE

 

Once JPA has completed the set up process the outsourced product moves to the

implementation and ongoing maintenance program. There are a number of benefits

associated with this phase.

 

JPA WILL PROVIDE THE COMPANY WITH NEW & TERMINATED EMPLOYEE PACKAGES

<PAGE>

JPA will develop packages for new hires and assist with the hiring process as

needed. The new employee package will include at minimum:

 

-      Employee Handbook

-      W-4

-      State Withholding Form

-      Benefit Plan Descriptions

-      Benefit Plan Enrollment Forms

-      Manager Checklist

-      Employee Application

-      Employment Letter

-      I-9 Form

-      Direct Deposit Authorization

 

JPA will also provide a terminated employee package for use as the company grows

and terminations occur.

 

The termination employee package will include at minimum:

 

-      Manager Checklist

-      Equipment Return Checklist

-      Security Return Checklist (keys, passwords)

-      Employee Termination Form

-      COBRA Notice

-      COBRA Election Form

-      401(K) Election Form

 

JPA will maintain an inventory of these packages and distribute to the company

as needed.

 

JPA WILL IMPLEMENT ACCESS TO ASK JPA!

 

JPA will assign a password and access to its online database ASK


 
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