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EMPLOYMENT AGREEMENT FOR EXCHANGE OPERATIONS DEPARTMENT EMPLOYEE

______________20___.
GFS Enterprise, hereinafter referred to as «Enterprise», represented by Ann Norton, acting on the basis of the license № 000084942, of part 1, and__________________________________________________________________________, hereinafter referred to as «Employee» of part 2, have entered into the present Agreement as the following:

1. Subject of the Agreement.

1.1. _________________________ is being hired by the Enterprise as an employee of exchange operations department to perform duties related to the Enterprise exchange operations coordination, ensuring control of funds transferred from Client to the Enterprise, and taking active part in improving the efficiency of the Enterprise activities.

2. Term of the Agreement.

2.1. The agreement is entered between the Enterprise and the Employee for the period of one year and is valid from ______________ 20___ till ______________20___ . The agreement can be extended if mutually agreed by the Employee and the Enterprise.

3. General Provisions of the Agreement.

3.1. By entering this Agreement the Employee acknowledges that the Enterprise is working in the field of purchase, selling and exchange of digital currency.
3.2. Performance of the immediate duties by the Employee must be governed by the provisions of this Agreement.
3.3. The Employee is subordinate directly to the Coordinator of Financial Operations hereinafter referred to as «Coordinator».
3.4. When performing the immediate duties the Employee has the right to:

a) aprove the time and the amount of a transaction with the Coordinator 24 hours prior the transaction start;
b) receive support, guidance and assistance from the Coordinator when facing difficulties performing a transaction;
c) request the Coordinator to provide the complete reports with all the documents proving the legitimacy of the transactions performed.
(the check of the digital currency purchase by a Client of the Enterprise).

3.5. The Employee is a full-fledged member of the Enterprise.
3.6. The Employee has the right to express his personal opinion in regard of any issue of the Enterprise activities.

4. Obligations of the Parties.

4.1. The Employee agrees to:
a) perform all currency operations in time and within periods approved with the Coordinator in advance;
b) receive payments from the customers, perform the digital currency exchange opperation and transfer payments to Enterprise under the qualified guidance;
c) perform his duties fairly, timely, qualitatively and accurately;
d) provide a copy of the drivers licence or any other ID;
e) inform the Coordinator promptly if any problems or emergencies arise to solve them as quickly as possible;
f) keep in touch with the Coordinator via telephone, e-mail, fax or any other means of commutation during the time approved with the Coordinator in advance;
g) consult clients by e-mail concerning the exact transfer options.

4.2. Telephone verification is necessary condition. The Employee must provide several telephone numbers to get in touch (cell\home\work phones).
The numbers, provided by the Employee is the strictly confidential information and can not be forwarded to any other person.

Please, fill in the numbers below ("telephone number - the name of the owner") and the best time to get in touch.
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
("telephone number - the name of the owner")

4.3. The Enterprise agrees to:
а) provide the Employee with the work activities according to the provisions of this Agreement;
b) keep personal information of the Employee confidential, reserving the right to forward all the necessary information on a demand of the state authorities;
c) ensure work conditions necessary for the Employee to carry out his obligations under the Agreement, including the provision of the Employee with necessary equipment and the cover of all the expences;
e) meet the provisions of labor remuneration, working and rest time standards according to the present Agreement and effective legislation;

5. Labor Remuneration.

5.1. The Employee is guaranteed a base salary of $10,000 a month during the 1st quarter of a year, $12,500 during the 2nd quarter, $15,000 during the 3rd quarter and $17,500 during the 4th quarter of work if he/she honestly discharges his/her duty in a month's time. Thus, the annual salary amounts to $165,000.
5.2. The Employee is entitled to receive 5% commission for each fulfilled transaction in addition to the base salary.
5.3. The following award is set for the Employee based on the results of his quarter work:
1) up to $10,000 per quarter - $3500;
2) up to $20,000 per quarter - $5500;
3) up to $30,000 per quarter - $8500.
5.5. In the case the work is not done in 1 day, the Employee will be fined at the rate of 3% of the transfer.
Every next day of the delay, the Employee will be fined at the rate of 10% for each day.
5.6. Please, underline the most comfortable way of salary enrolling for you:
Direct transfer to the bank account,
PayPal,
e-Gold,
Western Union,
MoneyGram,
other (specify).
5.7. Salary is paid in case the Employee has no unfinished transactions.
This is explained by the high-financial risk of the Enterprise.

6. Work and Rest Time

6.1. The Employee has normal working hours, but due to remote character of work, the working day is considered to be a day of performing particular actions connected with transactions.
6.2. The normal length of working-day shall not exceed 8 hours. Rest and lunch break is not included into working day.
6.3. The time of working-day start and end as well as of rest and lunch break is determined from the occupancy of the Employee during working day.
6.4. The Employee is entitled to have two week-end day-offs.
7. Social Services.

7.1. Social services are provided to the Employee by the Enterprise management in accordance with the decision of general meeting of work collective out of the funds designated for this purpose.
7.2. If desired the Enterprise can provide the funds to pay the telephone calls and other communication means used for work and causing personal expenditures.

8. Employee’s Liability at Performance of His Duties.

8.1. The Employee is imposed with the duties related to liability for breakage or legal liability, in case the transferred amount is lost due to his neglectful attitude.
The following actions can be considered neglectful:
а) Closing the bank account by the Employee during transaction performance;
b) The Employer did not inform in advance (fortnight) about closing his bank account;
c) The funds to be transferred from a Client to the Enterprise were forwarded to a third party;
d) The funds to be transferred from a Client to the Enterprise were detained without a valid reason for the period of more than 24 hours.
8.2.After the transfer sum is withdrawed by the Employee and until the moment of taking out the transfer, send through instant transfer system, Employee is under full financial responsibility for the transfer.

9. Agreement Change, Extension, and Termination.

9.1. Change, extension and termination of the Agreement are possible at any time if mutually agreed by the parties.
9.2. The Agreement is terminated after its expiration.
9.3. The Agreement can be terminated before the appointed time on the Employee’s initiative in the following cases:
а) Illness or disability of the Employee that prevents him from performing his work duties under this Agreement;
b) Violation of labor legislation or this Agreement by the Enterprise management;
c) Other valid reasons __________________________________________________
______________________________________________________________________________
9.4. The agreement can be terminated before the appointed time on the Enterprise initiative on the following grounds:
а) changes in work management (dissolution of the Enterprise, reduction of staff, changes in working conditions, etc.);
b) Revealing of the Employee’s unsuitability for the job;
c) Wrongful acts of the Employee (systematic or prolonged nonfulfillment of his duties without valid reasons, disclosure of commercial secrets).

10. Special Provisions.

10.1. The Enterprise may be both primar and additional employment for the Employee.
10.2. All the materials created with the participation of the Employee and under the assignment of the Enterprise are the ownership of the Enterprise.
10.3. The Parties assume the obligation not to disclose the provisions of this Agreement without mutual consent.
10.4. The provisions of this Agreement can be changed only if agreed by the parties.
10.5. The Parties are responsible for fulfillment of the obligations under this Agreement to the extent permitted by applicable law.

11. Other Provisions.

11.1 You will be hired as a contract employee on a 1099 basis. The company withholds no taxes from you and issues a 1099 form at the end of the year. For registeration and making Employee`s tax payments by Enterprise ,an additional information is needed: ______________________________________________
(date of birth- DOB)

11.2. This contract is made in two copies: one for each of the Parties and is valid only with the signatures of both the Employee and the Enterprise and sealed by the later.

11.3. This contract is made in two copies: one for each of the Parties and is valid only with the signatures of both the Employee and the Enterprise and sealed by the later.

11.4. Information and addresses of the Parties:

11.4.1. Enterprise Poland Warsaw, 00190, ul. Jozefa Lewartowskiego, 10
11.4.2. Employee _______________________________________________________________
(complete home address)
_____________________________________________________________________
(series, number, issuing body and date, children)

_______________________________
(home phone)
_______________________________
(cell phone)
_______________________________
(work phone)

Employee _____________________(surname and initials)
Enterprise _____________________(surname and initials)