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Employment Agreement between Company and Senior Employee with an option for Senior Employee to purchase share options. This is drafted in Neutral Form.
The Employee is employed full-time/part-time and will devote such time attention and skill as may be reasonably required to discharge the duties of his office in relation to the role. The Employee shall report directly to the supervisor/manager/head of the Company. The Employee also agrees to perform further duties incidental to the general job description.
The Company shall provide on a timely basis, all facilities, equipment and consumables required for the performance of the Employee’s duties under this Employment Agreement.
This document should be carefully read by the Company and the Employee.
Both parties should sign and return a copy, and once signed, both parties should get a copy. To avoid any future disputes, both parties may wish to have their signatures witnessed.
Different aspects of details related to the job, including the job description, period of employment, remuneration, etc should all be clearly stated in the employment agreement.
If either party wishes to amend the agreement in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.