Exhibit 10.8
EMPLOYMENT AGREEMENT
This EMPLOYMENT AGREEMENT (Agreement) is entered into by and between Judy A. Schmeling (Employee) and HSN General Partner LLC, a Delaware limited liability company (the Company), and is effective April 1, 2007 (the Effective Date).
WHEREAS, the Company desires to establish its right to the services of Employee, in the capacity described below, on the terms and conditions hereinafter set forth, and Employee is willing to accept such employment on such terms and conditions.
NOW, THEREFORE, in consideration of the mutual agreements hereinafter set forth, Employee and the Company have agreed and do hereby agree as follows:
1A. EMPLOYMENT. The Company agrees to employ Employee as Chief Financial Officer, HSN US, and Employee accepts and agrees to such employment. During Employees employment with the Company, Employee shall do and perform all services and acts necessary or advisable to fulfill the duties and responsibilities as are commensurate and consistent with Employees position and shall render such services on the terms set forth herein. During Employees employment with the Company, Employee shall report directly such person(s) as from time to time may be designated by the Company (hereinafter referred to as the Reporting Officer). Employee shall have such powers and duties with respect to the Company as may reasonably be assigned to Employee by the Reporting Officer, to the extent consistent with Employees position and status. Employee agrees to devote all of Employees working time, attention and efforts to the Company and to perform the duties of Employees position in accordance with the Companys policies as in effect from time to time. Employees principal place of employment shall be the Companys offices located in St. Petersburg, Florida. Employee shall not be obligated to travel away from St. Petersburg, Florida for more than 25 business days in each year of the Term of this Agreement.
2A. TERM OF AGREEMENT. The term (Term) of this Agreement shall commence on the Effective Date and shall continue for two (2) years, unless sooner terminated in accordance with the provisions of Section 1 of the Standard Terms and Conditions attached hereto.
3A. COMPENSATION.
4A. NOTICES. All notices and other communications under this Agreement shall be in writing and shall be given by first-class mail, certified or registered with return receipt requested or hand delivery acknowledged in writing by the recipient personally, and shall be deemed to have been duly given three days after mailing or immediately upon duly acknowledged hand delivery to the respective persons named below:
If to the Company: |
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HSN General Partner LLC |
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1 HSN Drive |
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St. Petersburg, FL 33729 |
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Attention: General Counsel |
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If to Employee: |
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Judy A. Schmeling |
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13624 Diamond Head Dr. |
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Tampa, FL 33624 |
Either party may change such partys address for notices by notice duly given pursuant hereto.
5A. GOVERNING LAW; JURISDICTION. This Agreement and the legal relations thus created between the parties hereto shall be governed by and construed under and in accordance with the internal laws of the State of Florida without reference to the principles of conflicts of laws. Any and all disputes between the parties which may arise pursuant to this Agreement will be heard and determined before an appropriate federal court in Pinellas or Hillsborough Counties or, if not maintainable therein, then in an appropriate Florida state court. The parties acknowledge that such courts have jurisdiction to interpret and enforce the provisions of this Agreement, and the parties consent to, and waive any and all objections that they may have as to, personal jurisdiction and/or venue in such courts.
6A. COUNTERPARTS. This Agreement may be executed in several counterparts, each of which shall be deemed to be an original but all of which together will constitute one and the same instrument. Employee expressly understands and acknowledges that the Standard Terms and Conditions attached hereto are incorporated herein by reference, deemed a part of this
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Agreement and are binding and enforceable provisions of this Agreement. References to this Agreement or the use of the term hereof shall refer to this Agreement and the Standard Terms and Conditions attached hereto, taken as a whole.
IN WITNESS WHEREOF, the Company has caused this Agreement to be executed and delivered by its duly authorized officer, and Employee has executed and delivered this Agreement on , 200 .
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HSN GENERAL PARTNER LLC |
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By: Lisa Letizio |
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Title: EVP Human Resources |
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JUDY A. SCHMELING |
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STANDARD TERMS AND CONDITIONS
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ACKNOWLEDGED AND AGREED:
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HSN GENERAL PARTNER LLC |
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By: Lisa Letizio |
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Title: EVP Human Resources |
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JUDY A. SCHMELING |
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