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Exhibit 10.4
EMPLOYMENT AND
PHANTOM STOCK AGREEMENT
THIS AGREEMENT made and entered into as of the day of , 200 by and between Camp Coast to Coast, Inc., a Delaware corporation ("the Com
"Executive");
W I T N E S E T H
WHEREAS, the Company proposes to employ the Executive in the operations of the Company and the Company is desirous of affording Executive incentives, in
the form of phantom stock of the Company, in connection therewith;
NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the Company and Executive hereby
agree as follows:
ARTICLE I
EMPLOYMENT
Section l.l.
Employment.
The Company hereby employs the Executive as the of the Company to perform such duties and discharge such functions, consis
senior executive office held by Executive, in and about the business and affairs of the Company, or one or more of its subsidiaries, as the board of directors of the
Company may from time to time determine. Executive agrees, during the term hereof, to diligently and in good faith perform and discharge such duties and
functions and Executive shall devote all of his working time, energy and ability exclusively to the performance of his duties hereunder. Executive shall not directly
or indirectly engage or participate in the operations or management of, or render any services to, any other businesses or enterprises.
Section l.2.
Basic Compensation.
The Company agrees to pay Executive a base annual salary of $ . Basic compensation payable under this section shall b
accordance with such practices and procedures as are generally applicable to other employees of the Company.
Section l.3.
Fringe Benefits.
While Executive is in the employ of the Company, the Company agrees to provide to Executive such benefits as may be provi