- 8 - employers) and Gregg Kunkowski (as employee "General Manager") entered an employment agreement. The employment agreement provided for a 5-year term with an option to renew, compensation equal to 20 percent of "the total gross sales of space in the mausoleum", and rent-free occupancy by the Kunkowskis of "the home renovated by them on the premises, indefinitely". Construction of the second Woodbine mausoleum (Phase II) began in 1987 and was completed in May 1989. In 1987, Gregg Kunkowski, as manager of Woodbine, began to solicit customers for crypts in the mausoleum to be constructed in Phase II. In 1987 Woodbine began to receive deposits and installment payments for crypts in Phase II. A customer who paid a deposit on a crypt in Phase II would execute a contract setting forth the location of the crypt, the price, and the payment terms (the crypt purchase contracts generally provided that the customer would pay any unpaid portion of the purchase price in equal monthly installments--without stated interest--over a period of not more than 24 months). Prior to completion of construction, the purchaser would receive a Temporary Certificate of Ownership upon payment of the full contract price for a crypt in Phase II and then a Certificate of Ownership when the mausoleum was completed. After completion of construction, the purchaser would receive a Certificate of Ownership upon payment of the full contract price for space inPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011