Employment Agreement between Company and Junior Employee with option for Junior Employee to purchase share options. This is drafted in favour of the Employee.
The Employee shall be paid the monthly salary of [REMUNERATION] (“Salary”). The Salary shall be paid in arrears on a monthly basis.
The Employee shall be enrolled in the relevant mandatory provident fund scheme.
The Employee shall be entitled to a percentage of the ordinary shares of the Company (being the “Shares”) on the dates specified below (each a “Date”) subject to any conditions imposed by the Company described below and at a price determined at a price of [PRICE] per share:
(a) On the Commencement Date, upon the execution of this Employment Agreement, the Employee shall be entitled to [SHARES] per cent. of the Shares.
The Employee is responsible for his own personal taxes of whatever kind that are due in any jurisdiction with respect to this employment.
contract of employment,