Employment Agreement (Junior Employee without Share Options)

Company

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Description:

Employment Agreement between Company and Junior Employee without option for Junior Employee to purchase share options. This is drafted in favour of the Company.

In this Agreement:

(a) the Employee is subjected to a Probationary Period and a Non-compete and Non-solicitation for a period of 12 months

(b) the Employee warrants that he/she is not subjected to any restrictive agreement and will indemnify the Employer in case of breach.

(c) the Employee is restricted from making any statements about the employer that can adversely affect the reputation of the employer. 

(d) the Employee is entitled to Annual leave, sick leave and personal leave during the term of employment

(e)  in the event of a breach, or threatened breach of the agreement, the Company will suffer immediate and irreparable harm which said harm is presumed to occur, and that Company shall be entitled to receive a temporary restraining order as well  as the entry of a preliminary and permanent injunction

How to use this Document?

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.  

How to Tailor the Document for Your Need?

  1. Create Document: Click “Create Document” button and fill in the details of the parties. You can click the “Fill with Member’s Information” button to complete the party’s information with your personal or business information saved to your account.
  2. Please fill in any additional information by following the step-by-step guide on the left-hand side of the preview document and click the “Next” button.
  3. When you are done, click the “Get Document” button and you can download the document in Word or PDF format.
  4. Please get all parties to review the document carefully and make any final modifications to ensure that the details are correct before signing the document. Each party should have a copy of the executed document.
Document Type:

Agreements / contracts

Category:

Business > Human Resource / Employment > Employment Contract / Joining Letter / Offer Letter

 
Keywords:

Employment Contract

,  

Junior Employee

,  

No share options

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Employment Agreement

,  

Employee

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Employer

,  

contract of employment

,  

employee contract

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Author:

DocPro Legal

DocPro Legal is a team of legal professionals with a passion for making quality documents and legal contract templates widely available to the public through cutting edge technology. Our lawyers are qualified in numerous common law jurisdictions including the United Kingdom, Australia, New Zealand, India, Singapore and Hong Kong. We have experience in major law firms and international banks with expertise in business, commercial, finance, banking, litigation, family, succession and company laws.

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