EXECUTIVE EMPLOYMENT AGREEMENT
This Executive Employment Agreement is made and entered into by and between Labor Ready, Inc., a
Washington corporation, including its subsidiaries ("Company") and Glenn A. Welstad ("Executive").
WHEREAS, Executive has been serving as Chairman, Chief Executive Officer and President of the Company;
WHEREAS, Company believes that Executive's proven abilities, experience, knowledge of corporate affairs,
reputation and vision are of great value to Company's future growth and profits; and
WHEREAS, Company wishes to continue to employ Executive and Executive is willing to continue to be
employed by Company; and
WHEREAS, the Company's Board of Directors has elected Executive to the offices of Chairman, Chief
Executive Officer and President of the Company;
NOW, THEREFORE, in consideration of the mutual promises and covenants set forth herein, the Company and
Executive agree as follows:
1. EMPLOYMENT. The Company agrees to and hereby does employ Executive, and Executive agrees to and
hereby agrees to continue in the employment of the Company, subject to the supervision and direction of the
Board of Directors. Executive's employment shall be for a period commencing on January 1, 1999 and ending on
December 31, 2003, unless such period is extended by written agreement of the parties or is sooner terminated
pursuant to the provisions of Paragraphs 4, 10 or 11.
2. DUTIES OF EXECUTIVE. Executive agrees to devote the necessary time, attention, skill, and efforts to the
performance of his duties as Chairman, Chief Executive Officer and President of the Company and such other
duties as may be assigned by the Board of Directors in their discretion.
(a) Executive's initial salary shall be at the rate of Five Hundred Thousand and No/100 Dollars ($500,000) per
year, payable not less frequently than monthly, from January 1, 1999 , until changed by the Board of Directors as
(b) Company, acting through its Board