Attached files
Exhibit
10.9
WECOSIGN
Inc.
3400
West MacArthur Blvd Suite I
Phone
714-556-6800
May
13th
2009
Offer
of employment
Dear
Jeff:
JOB
OFFER:
WECOSIGN
Inc. is pleased to offer you a jab as our C.F.O.. We trust that your knowledge,
skills and experience will be among our most valuable assets.
Should you accept this job offer, per company policy you'll be eligible to
receive the following beginning on your hire date.
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Salary: Annual gross starting salary of to be paid on the first day
of each month. This salary will be reviewed at the end of 90 days and be
subject to an agreed increase, as long as the increase is not
unreasonable, such permission shall not be withheld.
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Your employment at WECOSIGN is offered at will, and may be terminated without reason, at any time without consequence salary adjustments, or severance pay, |
To Accept
This Job Offer:
1.Sign
and date this job offer letter where indicated below.
2.Sign
and date the enclosed Non-Disclosure Agreement where
indicated.
1.
Additional
Duties and
Terms
We at
WECOSIGN Inc hope that you'll accept this job offer and look forward to
welcoming you aboard. Your immediate supervisor will be Frank Jakubaitis,
Chairman and C,E,O.
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(a)
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Additionally
as C.F.O, you will have a duty of responsibility in regard to the
financial affairs of WECOSIGN to include but not limited to the strict
non-disclosure of individual employee's payroll, vendor account balances
and or passwords or programs in part or in whole to computer programs that
access any of WECOSIGNS financial records or
affairs.
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(b)
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You
will be expected to conduct yourself ethically and honestly, while dealing
with the financial affairs of WECOSIGN. You will be expected to perform
all of the duties required of a
C.F.O.
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(c)
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You
will report any suspicious or unethical financial dealings that you
uncover directly to the
Chairman in
writing under your signature, (ie) Unless such activity is reported
in writing on a confidential basis (receipt requested) ; to Frank
Iakubaitis, it will be considered to have no
merit.
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(d)
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You
will be expected to raise additional money from time to time, and in view
of our upcoming IPO you may be expected to travel occasionally at the
expense of WECOSIGN and participate in a road
show.
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(e)
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More
specifically as you are
aware your brother is employed at WECOSIGN as well. It is specifically
agreed to between you and the company, that no information, passwords,
details or programs of a financial nature will be shared with your brother
Carlos Padilla III
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1
2008
NON
-DISCLOSURE
AGREEMENT
WECOSIGN™
PLEASE SIGN AND FAX
BACK TO 714-556-6803
2
WECOSIGN
Inc. Nondisclosure Agreement
This
Nondisclosure Agreement (the "Agreement") is entered into by and between
WECOSIGN Inc, a California Corporation with its principal office at :3400 West
MacArthur Blvd :Suite I, Santa Ana, California 92704 and JEFF PADILLA and entered into for the
purpose of preventing the unauthorized disclosure of Confidential Information as
defined below. The above parties agree to enter into a confidential relationship
with respect to the disclosure of certain proprietary and confidential
information contained in the ("Private Placement Memorandum, and associated
affiliate documents and certain published proprietary business architecture and
or models of WECOSIGN Inc").
1. Definition of Confidential
Information. For purposes of this Agreement, "Confidential Information"
shall include all information or material that has or could have commercial
value or other utility in the business in which Disclosing Party is engaged. if
Confidential information is in written form, the Disclosing Party shall label or
stamp the materials with the word "Confidential" or some similar warning. If
Confidential Information is transmitted orally, the
Disclosing Party shall promptly provide a writing indicating that such oral
communication constituted Confidential Information.
2. Exclusions from Confidential
Information. Receiving Party's obligations under this Agreement do not
extend to information that is: (a) publicly known at the time of disclosure or
subsequently becomes publicly known through no fault of the Receiving Party; (b)
discovered or created by the Receiving Party before disclosure by Disclosing
Party; (c) learned by the Receiving Party through legitimate means other than
from the Disclosing Parry or Disclosing Party's representatives; or (d) is
disclosed by Receiving Party with Disclosing Party's prior written
approval.
3. Obligations of Receiving
Party. Receiving Party shall hold and maintain the Confidential
Information in strictest confidence for the sole and exclusive benefit of the
Disclosing Party. Receiving Party shall carefully restrict access to
Confidential Information to employees, contractors and third parties as is
reasonably required and shall require those persons to sign nondisclosure
restrictions at least as protective as those in this Agreement. Receiving Party
shall not, without prior written approval of Disclosing Party, use for Receiving
Party's own benefit, publish, copy, or otherwise disclose to others, or permit the use
by others for their benefit or to the detriment of Disclosing Party, any
Confidential Information. Receiving Party shall return to Disclosing Party any
and all records, notes, and other written, printed, or tangible materials in its
possession pertaining to Confidential Information immediately if Disclosing
Party requests it in writing.
4. Time Periods. The
nondisclosure provisions of this Agreement shall survive the termination of this
Agreement and Receiving Party's duty to hold Confidential Information in
confidence shall remain in effect until the Confidential Information no longer
qualifies as a trade secret or until Disclosing Party sends Receiving
Party written notice releasing Receiving Party from this Agreement, whichever
occurs first.