In what terms does executive agreement protect the employer and the employee?

Executive Employment Agreements These agreements typically include the duration (or Term) of employment; the executive's compensation (including incentives or bonuses), benefits, and equity arrangements; and the duties and responsibilities of the executive and employer.

Does the Fair Work Act apply to executives?

Under the Fair Work Act, an employee's maximum ordinary weekly working hours must not exceed 38 hours plus reasonable additional hours. An executive's working hours in accordance with the relevant legislation should be specified in the employment contract, even though executives will often work longer hours.

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Sample Employment Agreement between Telocity...

Palm Beach Florida Sample Employment Agreement between Telocity, Inc. and Executive Vice President and Chief Marketing Officer

Name: Palm Beach Florida Sample Employment Agreement between Telocity, Inc. and Executive Vice President and Chief Marketing Officer
Brand: US Legal Forms
Rating: 4.71 (316 reviews)

Category:

Corporations - Public - Employment

State:

Multi-State

County:

Palm Beach

Control #:

US-EG-9110

Format:

Instant download

Description

Employment Agreement between dated September 14, 1999. 18 pages

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FAQ

A Workplace Agreement is a collective agreement negotiated between the employer and its employees regarding the terms and conditions of employment. A Workplace Agreement may take three forms: Single Enterprise Agreements this involves an existing business (which may consist one or more employers) and its employees.

An executive employment agreement is a legal contract between an employer and an executive that outlines the terms of their working relationship. These agreements include information about salary, benefits, stock options or awards, vacation time allotment and more.

You should include the following terms and conditions in your employment contracts: Name and personal details of the employer and the employee. Commencement date of employment and probation period (if a permanent employee). Job title and description setting out the role and duties of the employee.

Executive Employment Agreements These agreements typically include the duration (or Term) of employment; the executive's compensation (including incentives or bonuses), benefits, and equity arrangements; and the duties and responsibilities of the executive and employer.

A contract of employment is an agreement between an employer and an employee which sets out their employment rights, responsibilities and duties. These are called the 'terms' of the contract.

Often, the initial term of a CEO contract is between two and five years. A key factor to consider is the variety of ways in which the term can end before the contract expires. The term and termination provisions are intimately intertwined and need to be coordinated.

Under the Fair Work Act, an employee's maximum ordinary weekly working hours must not exceed 38 hours plus reasonable additional hours. An executive's working hours in accordance with the relevant legislation should be specified in the employment contract, even though executives will often work longer hours.

An employment contract is legally binding as long as it has three elements: an offer, acceptance, and consideration. If any of these three is missing, the contract is not legally enforceable.

Ten Tips for Making Solid Business Agreements and Contracts Get it in writing.Keep it simple.Deal with the right person.Identify each party correctly.Spell out all of the details.Specify payment obligations.Agree on circumstances that terminate the contract.Agree on a way to resolve disputes.

How to write an employment contract Title the employment contract.Identify the parties.List the term and conditions.Outline the job responsibilities.Include compensation details.Use specific contract terms.Consult with an employment lawyer.

Palm Beach Florida Sample Employment Agreement between Telocity, Inc. and Executive Vice President and Chief Marketing Officer

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FAQ

What is the purpose of workplace agreements?

What should be in an executive employment agreement?

What terms must an employment contract include?

In what terms does executive agreement protect the employer and the employee?

Is an agreement between an employer and an employee?

Does a CEO have an employment contract?

Does the Fair Work Act apply to executives?

What are the 3 elements of an employment contract?

How do you write a contract between two parties?

How do you write an employee and employer agreement?

Interesting Questions

What is the duration of the employment agreement?

Can the agreement be terminated before the completion of three years?

What are the responsibilities of the Executive Vice President and Chief Marketing Officer?

What is the compensation package offered to the Executive Vice President and Chief Marketing Officer?

What happens in case of a breach of the employment agreement?

Is there a non-compete clause in the employment agreement?

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