Employment Agreement (2006)Full Document 

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EMPLOYMENT AGREEMENT
 
This EMPLOYMENT AGREEMENT ("Agreement"), effective as of the 18th day of May, 2006 (the "Date of Employment"), is entered into by and between Park InfusionCare, L.P., a Texas limited partnership, with its principal place of business in Dallas, Dallas County, Texas ("Employer"), and Scott R. Holtmyer, a resident of Jefferson County, Texas ("Employee").
 
W I T N E S S E T H:
 
WHEREAS, Employer is a limited partnership which owns and operates an infusion pharmacy business whose principal office is located at 16250 Dallas Parkway, in the City of Dallas, Dallas County, Texas (the "Business");
 
WHEREAS, Employer now desires to employ Employee as the Vice President in charge of all infusion pharmacy operations of Employer; and
 
WHEREAS, Employer desires to employ Employee, and Employee desires to be employed by Employer, upon the terms and conditions hereinafter set forth.
 
NOW, THEREFORE, for and in consideration of the premises and the mutual promises, covenants, and agreements herein contained and other good and valuable consideration, the receipt and adequacy of which are hereby forever acknowledged and confessed, the parties hereto agree as follows:
 
ARTICLE I  
 
EMPLOYMENT
 
Employer hereby agrees to employ Employee, and Employee hereby agrees to serve Employer, as herein set forth, for the "Term of Employment" (as that term is hereinafter defined).
 
ARTICLE II  
 
DUTIES OF EMPLOYEE
 
During the Term of Employment, Employee shall, serve as Vice President of infusion pharmacy operations in charge of supervising all operations of the infusion pharmacy business of Employer. Employee will also, subject to the direction and instructions of the Board of Directors of Employer and the chief executive officer of Employer, satisfy the requirements and perform the functions and duties set forth in this Agreement. Such functions and duties shall include, without limitation:
 
 
2.1
devoting Employee's full professional time, attention, and energy to the business of Employer as Employer shall reasonably determine will satisfactorily accomplish the purposes of this Agreement;
 
 
2.2
providing reasonable professional direction and supervision of the infusion pharmacy personnel of Employer, including providing Employer with advice and assistance in the hiring, evaluation, promotion, and firing of such personnel;
 
 
2.3
assisting Employer in the development of policies and procedures for the infusion pharmacy business and keeping such business in compliance with all such policies and procedures;
 
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2.4
doing all things reasonably necessary or desirable to maintain and improve his skills as a manager;
 
 
2.5
using Employee's reasonable efforts to promote and support the interests (business and otherwise) of Employer, including but not limited to participating as requested by Employer in marketing activities and efforts;
 
 
2.6
assisting the Employer in marketing and developing marketing plans and procedures to expand sales of the products and services of the infusion pharmacy business to both existing and new customers;
 
 
2.7
keeping and maintaining (or causing to be kept and maintained) appropriate records relating to the Business of the Employer and attending to correspondence, reports, and other record keeping requirements associated with Employee's duties with Employer;
 
 
2.8
taking reasonable efforts to see that the Employer complies with all state, federal, and local laws, rules, and regulations applicable to the Business of the Employer;
 
 
2.9
complying in all respects with the rules, policies, and procedures of Employer;
 
 
2.10
abiding by any reasonable schedule of hours formulated by Employer;
 
 
2.11
at the request or with the consent of Employer, attending conventions and seminars, participating in professional societies the cost of which will be paid by Employer, and doing all things reasonably desirable to maintain and improve his professional skills;
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