What is the main purpose of an employment agreement?

An employment agreement provides protection and clarity for the employee by stating their expectations and duties, along with any bonus schemes, kpi's, salary and overtime agreements. As a legal requirement, the minimum wage and annual holidays have to be met and cannot be reduced in a contract.

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Sample Employment Agreement between Telocity...

Palm Beach Florida Sample Employment Agreement between Telocity, Inc. and Senior Vice President of Business Development

Name: Palm Beach Florida Sample Employment Agreement between Telocity, Inc. and Senior Vice President of Business Development
Brand: US Legal Forms
Rating: 4.75 (267 reviews)

Category:

Corporations - Public - Employment

State:

Multi-State

County:

Palm Beach

Control #:

US-EG-9114

Format:

Instant download

Description

This is a multi-state form covering the subject matter of the title.

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An employment agreement provides protection and clarity for the employee by stating their expectations and duties, along with any bonus schemes, kpi's, salary and overtime agreements. As a legal requirement, the minimum wage and annual holidays have to be met and cannot be reduced in a contract.

The employment agreement spells out the rules, rights and responsibilities for both the employer and the employee, and includes any special obligations undertaken that are unique in a specific hiring situation. Additionally, an employment agreement is active throughout the entire tenure of the signing employee.

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.

This agreement lays down the terms of employment, agreed upon by the employer and employee. Whether stated explicitly in the agreement or not, both the employee and the employer have the duty of mutual confidence and trust, and to make only lawful and reasonable demands on each other.

Thus, an employment agreement is simply a type of contract formed between an employee and employer, which governs the terms of employment. Once both parties have signed the employment agreement, the contract will become binding and legally enforceable in court.

An employment contract (or employment agreement) defines the terms of a legally binding agreement between an employee and employer such as compensation, duration, benefits, and other conditions of the employment relationship.

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.

Types of Employment Contracts: Permanent employment, temporary employment and independent contractors.

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.

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.

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Palm Beach Florida Sample Employment Agreement between Telocity, Inc. and Senior Vice President of Business Development

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What is the main purpose of an employment agreement?

What is in an employment agreement?

What should be in an executive employment agreement?

What is standard employment agreement?

Is an employment agreement the same as a contract?

What is standard employment agreement contract?

How do you write a contract between two parties?

What are the 3 types of employment contracts?

How do you write an employee and employer agreement?

Is an agreement between an employer and an employee?

Interesting Questions

What is the purpose of the employment agreement between Telocity, Inc. and the Senior Vice President of Business Development?

What are the job responsibilities of the Senior Vice President of Business Development at Telocity, Inc.?

How long is the employment agreement valid for?

What is the compensation package offered to the Senior Vice President of Business Development?

Can the Senior Vice President of Business Development be terminated before the completion of the agreement?

Are there any non-compete or confidentiality clauses in the employment agreement?

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