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For a contract to be valid, it must have four key elements: agreement, capacity, consideration, and intention.
Names and address of all parties involved. Description of business. Clearly defined job position and role. Company specific requirements and/or protections. Length of job and duration of schedule/work hours. Pay, compensation, & benefits.
The employee's or worker's name, job title or a description of work and start date. how much and how often an employee or worker will get paid. hours and days of work and if and how they may vary (also if employees or workers will have to work Sundays, nights or overtime)
Compensation. Equity Grants. Scope of Employment. Benefits. Term and Termination. Reimbursement of Expenses. Liability Protection for the Employee. Confidentiality Restrictions.
The nature and description of the job. As an employee you will be required to provide your services to the employer. Remuneration and benefits. Duration. Leave. Termination.
Names and address of all parties involved. Description of business. Clearly defined job position and role. Company specific requirements and/or protections. Length of job and duration of schedule/work hours. Pay, compensation, & benefits.
Additional Vacation Time. Maybe the company only offers 7-10 days of paid vacation each year. Flexible Scheduling. One of the best non-salary perks is by far a flex schedule. Daycare Reimbursement. Tuition Reimbursement. An Office. Guaranteed Severance Package. Housing Subsidy. Transportation Reimbursement.
1) agreement. An agreement i cludes offer and acceptance by both parties. 2) Consideration. Promises made by parties must have sufficient and bargained consideration (money or other legal means of payment. Contractual capacity. Legality.
The five requirements for creating a valid contract are an offer, acceptance, consideration, competency and legal intent.