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EXHIBIT 10.7
[LETTERHEAD OF ARISTOTLE]
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Date: MAY 25, 1995
GORDON N. NAHLIK
4418 GLENRIDGE - STRATFORD DRIVE
ATLANTA GA 30342
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This is to confirm our understanding, effective as of May 25, 1995, regarding
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your employment by Aristotle Industries or its subsidiaries ("AI"). You shall
work those hours necessary to get the functions of your job accomplished but not
less than 40 hours a week during the normal hours that Aristotle Industries is
open for business. You agree to start work each day when Aristotle Industries
opens for business (8:30 AM unless otherwise stated). You shall devote your
entire productive time, ability, and attention to the business of Aristotle
Industries during the term of this agreement and shall not represent any other
company without the written permission of the management of Aristotle
Industries. All work performed, created, or designed in the course of your
employment, and all intellectual property rights relating thereto, shall become
the sole property of AI. During and after the term of employment, you shall not
disclose any of Aristotle Industries' customers, the prices it obtains or has
obtained from the sale of, or at which it sells or has sold, its products, or
any other information concerning the business of Aristotle Industries, its
plans, processes, or other data. For the period of one year after your
employment, you shall not enter into or engage generally in direct competition
with Aristotle Industries or its subsidiaries anywhere in the United States in
the business of operating, creating, designing, programming, marketing, or
selling political products, professional campaign services, campaign software,
advertising, or databases derived from registered voter lists, whether for your
own business or for any other person or entity, including, specifically, but not
limited to, any competitor, client, or former client of AI, or any governmental
entity.
2) Specific duties: SALES and SALES MANAGER
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3) Base Salary:
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As of the date of this contract, your base salary, paid semi-monthly, will
be 2500.00 per month.
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4) Commissions/Bonus:
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Your commission rate is equal to the following of the net sales you make
less returns on only those items specified below:
5% of all PAID GA office sales, not including your own states. (GA and SC
will be turned over to sales staff as of 7/1/95. FL will continue as your
state and any commissions from FL sales will continue to be applied towards
your $120,000 15% commission floor after which your 15% FL commission will
be paid.
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A $1000 bonus will be paid to you if the GA office sales reach $250,000 by
June 30, 1995 and a $5000 bonus will be paid if Aristotle's 1995 sales reach
$3,000,000.
5) Benefits:
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Under Aristotle Industries policy, benefits available only to full time
employees. They begin to accrue or are made available at the end of your N/A
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probationary period, which begins with your first day of fulltime employment.
You shall be entitled to annual vacation leave of 10 days, at full pay. Paid
vacation time will be earned on an accrual basis as determined by established
Aristotle Industries policy(.42 day per pay period worked and for hourly
employees .42 day per 80 hours worked). Aristotle Industries' management
reserves the right to determine your vacation time in order to assure the
efficient and orderly operation of Aristotle Industries. All annual computations
for benefits are based on your date of hire. You shall be entitled to 2 days
personal leave annually at your base salary rate. Vacation time and personal
leave not used within each year of employment may not be rolled over to the next
year, nor will you have the right to take compensation in lieu of said time. In
addition to paid annual vacation leave and annual personal leave, Aristotle
Industries' management may, at management's sole discretion and governed by
applicable local, state and federal laws, grant you unpaid leave. You shall be
entitled to take all normal paid holidays as established by Aristotle Industries
policy, other days the office is officially closed, and up to 3 sick days at
your base salary rate as established by Aristotle Industries policy.
6) Termination:
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If you willfully breach or habitually neglect the duties that you are required
to perform under the terms of this agreement, Aristotle Industries may
immediately terminate this agreement without prior notice to you. This agreement
may be voluntarily terminated by Aristotle Industries or you by giving the other
party two weeks written notice, unless otherwise mutually agreed to by the
parties to this agreement. You shall be entitled only to such compensation that
is fully accrued by you prior to the date of termination, except as explicitly
provided for in this agreement, including accrued vacation time, personal days,
and commissions. Such compensation will be paid within 60 days of the date of
termination. On termination you will surrender all supplies, records, equipment
and anything else that applies or relates to Aristotle Industries' business.
7) Other Provisions:
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This contract represents the entire agreement of the parties and may not be
modified orally. In the event of litigation hereunder, the parties consent to
jurisdiction and venue in the District of Columbia, whose law shall apply; the
prevailing party in any litigation hereunder shall be entitled to reimbursement
by the other party for all reasonably incurred attorneys fees, expenses, and
court costs relating thereto.
/s/ Gordon N. Nahlik
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Gordon N. Nahlik
Date: 6/6/95
/s/ John Aristotle Phillips
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John Aristotle Phillips
For Aristotle Industries
