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An employment contract may be written, oral, or implied. The executive should agree to give full-time employment and best efforts.Under the laws of the United States, there are no minimum requirements for an employment contract. A probationary period is a contractual period of time at the start of an employment contract between a new employee and an organisation. At the end of probationary period, the employer will inform the employee in writing if they have successfully completed the trial period or not. 4: Probationary period. The employee may often work exclusively for one organisation. This sounds like a great deal for you, and for this reason, you take the job. You may not want to sign an at-will agreement in this instance. When an employee decides to leave or quit a job, an employment contract can also impose certain requirements on the employee.