Friday, May 23, 2008

The most bestest contract ever. Really.

Statement of General Terms and Conditions

As with all contracts, this document is an agreement creating and defining the obligations between 2 or more parties. Like other contracts in the case of violation on either part, the party who violates said document will be prosecuted to full extent of the law.
Thank you for choosing Shafo, Inc. to handle your job. The following agreement spells out the terms and conditions of this project.

The base fee for any job at Shafo, Inc. is a minimum of $4,500. That fee estimate is based on 100 hours of working time at an hourly rate of $45, and includes time for prep, travel, hiding, and cool down.

Out-of-pocket expenses, such as long-distance telephone calls, photos, computer printouts, internet charges, and local/out of town charges from travel incurred in connection with the project will be billed to you in itemized statements.

WHEREAS, in its business, Shafo, Inc. has acquired and developed certain trade secrets, including but not limited to proprietary processes, sales methods and techniques, and other like confidential business and technical information, whether patented or un-patentable, that is of any value whatsoever to Shafo, inc., as well as certain unpatented information relating to Shafo Inc.’s services, information concerning proposed new services, studies, proposed or existing pre show techniques or plans (whether developed or produced by the Company or by any other entity for the Company), other Confidential Information, and information about the Company's “Executives”, “officers”, and “directors”, which necessarily will be communicated to the “Executive” by reason of his/her employment by Shafo Inc.

NOW, THEREFORE, in consideration of the premises and the mutual covenants set forth in this Agreement, and intending to be legally bound, the Company and the Executive agree as follows:

1. Representations and Warranties.
The executor of this contract, hereafter referred to as EXECUTIVE, hereby represents and warrants to the Company that he (i) is not subject to any written nonsolicitation or noncompetition agreement affecting his/her employment with the Company (other than any prior agreement with the Company), (ii) is not subject to any written confidentiality or nonuse/nondisclosure agreement affecting his/her employment with the Company (other than any prior agreement with the Company), and (iii) has brought to the Company no trade secrets, confidential business information, documents, or other personal property of a prior employer.

2. Duties.
General Duties. The executive shall serve as the chief operating officer of the Company, with duties and responsibilities that are customary for such executives, such as pulling down of any clothing items worn on the bottom half of the body, including but not limited to - pants, underwear, shoes, socks, etc. The Executive shall also perform services for such subsidiaries as may be necessary. As warranted by party member B to commence upon party member A. The executive shall use his/her best efforts to perform his/her duties and discharge his/her (insert word here) pursuant to this agreement competently, carefully and faithfully. In determining whether or not the Executive has used his/her best efforts hereunder, the Executive's and the Company's delegation of authority and all surrounding circumstances shall be taken into account and the best efforts of the Executive shall not be judged solely on the Company's earnings or other results of the Executive's performance.

3. Compensation and Expenses
General pay is based upon the aforementioned $4500 minimum, plus tip you receive from any and all clients involved. Shafo Inc. may also decide to give you an additional amount of money depending upon speed, client feedback and response to particular orders, including but not limited to - “drop and give me 20” (explained in section 2), just “get up” now, or his/her enthusiasm for the job. Loyalty to Shafo, Inc. is an important part of the executive jobs, and is not taken lightly.

4. Benefits

5. Termination
Death or Disability. Except as otherwise provided in this Agreement, the contract shall automatically terminate without action by any party upon the death or disability of the Executive. For purposes of this Section 5(a), "disability" shall mean that for a period of 12 consecutive months, the Executive is incapable of substantially fulfilling the duties set forth in Section 2 because of physical, mental or emotional incapacity resulting from injury, sickness or disease. In the event of death of the Executive, the Executive's estate shall receive any unpaid, earned compensation due the Executive and this Agreement shall terminate. In the event of Executive's disability, the Executive will be paid compensation, benefits and bonus which may accrue during the period of disability up to a total of 18 months, or for the remainder of this Agreement, whichever time is greater. Termination for cause. The Company may terminate the Executive's employment pursuant to the terms of this Agreement at any time for cause by giving written notice of termination. Termination of the employment, unless stated above is not possible under any circumstance, sorry for the inconvenience.

6. Indebtedness.
If, during the course of the Executive's employment under this Agreement, the Executive becomes indebted to the Company for any reason, the Company may, if it so elects, set off any sum due to the Company from the Executive and collect any remaining balance from the Executive unless the Executive has entered into a written agreement with the Company.

1-719-5830873 Shafo, Inc.
INC.FORM 10-QSB – May 19, 2008
IN WITNESS WHEREOF, the Company and the Signer have executed this Agreement as of the date and year first above written

________________________ ______________________
Party A (executive-Hireee) Party B ( Employer-Hirer
_______________________ ___________________
Witness (watcherer #1) Witness (watcherer #2)

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