EXHIBIT 10.7
Xxxxx Agri International Poland Sp. z.o.o.
xx. Xxxxxxxx 00, 00-000 Xxxxxxxx
Phone: 000-00-00 Fax: 000-00-00
Employment Contract
Concluded on September 15, 1998
Between
XXXXX AGRI INTERNATIONAL POLAND SP. Z.O.O.
with its registered seat in Warsaw, xx. Xxxxxxxx 00
hereinafter referred to as the "EMPLOYER"
and
XX. XXXXXXXXX XXXXXXXXX
resident in Warsaw, ul. Polnej Rozy 1 m 1409
hereinafter referred to as the "EMPLOYEE"
& 1.
The Employer engages the Employees as Chief Operating Officer.
&2.
The agreement herewith is signed for terminated period of time from September
15, 1998 through September 14, 1999 and can be dissolved by 3 months notice.
&3.
The range of duties of the employed party is the following but not limited to:
1. Any operational matter connected with Xxxxx Agri International
2. Participation in the board of Directors of Xxxxx Agri International
&4.
The employment will start on September 15, 1998.
&5.
During to term of this contract, the Employee will be paid in accordance with
the basis set out below:
1. Monthly remuneration amounts to the equivalent of 800 USD net paid in Polish
zlotys.
2. In order to account the monthly remuneration, the average monthly NBP
exchange rate
3. The Employer will cover the Employee's housing expenses in the amount of
1.350 PLN per month.
&6.
The Employee will be entitled to use the company car in the class of Alfa Romeo
plus mobile phone for business purposes.
&7.
The Employee is entitled to annual vacation leave according to the Labour Code
regulations.
&8.
All issues not regulated herein shall be determined in accordance with the
Polish Labour Code.
&9.
Any modification of this contract must be made in writing under penalty of
nullity.
Xxxxx Agri International
Poland Sp. z o.o.
By: /s/ Xxxxxxx X. Xxxxx
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Managing Director
Employee
/s/ Xxxxxxxxx Xxxxxxxxx
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Xxxxxxxxx Xxxxxxxxx
