EMPLOYMENT AGREEMENT.
This Agreement is entered on ______________ between __________________
(hereinafter referred to as the “Employer”) and _______________________
(hereinafter referred to as the “Employee”). Together referred to as the “parties”.
1. Position.
The Employer shall employ the employee as a Senior Architect full-time under this
Agreement.
2. Term.
The Agreement between the parties shall be for _______________, subject to
change as agreed between the parties herein.
3. Compensation.
The Employer and the employee agree that the employee will not receive any salary
from the employer. However, the employee shall be entitled to __% of the profit from
any future project in which the employee will be involved.
The employee shall also become a board member of the company after signing this
agreement.
4. Start date.
The effective date of this Agreement shall be on ______________.
5. Confidentiality.
Within or after the Engagement Period, the employee shall at no time divulge,
release, or remove for his/her use or that of any other individual or company any
documentation, information, or knowledge about the operation or business of the
Company, employer or any of its subsidiaries or affiliates, obtained or made
available to him/her during the course of their engagement with the company,
subsidiaries or affiliates.
Should the employee, during or after the termination of employment, disclose or
threaten to disclose any information of a confidential nature, the employee shall be
deemed in violation of this agreement. The employer at that time shall be entitled to
obtain an injunction to restrain the employee from disclosing or further disclosing, in
whole or in part, Confidential Information. The employer shall also be entitled to
pursue other legal remedies, as may be deemed appropriate, for any loss and/or
damages incurred due to any unauthorized disclosure made by the employee during
or after the termination of employment.
The confidentiality provisions contained within this Agreement shall remain in full
force and effect for a period after the employee’s transfer or termination of
employment.
6. Non-Compete.
During the employment period and for a period following the termination of the
employment, however, caused, the employee shall not seek or gain employment
with any company that is in competition with the Employer, its subsidiaries, or
affiliates within.
The employee agrees that the above-established restrictions are reasonable and
fair.
7. Termination.
Either party to this Agreement can terminate the terms herein by issuing a written
notice.
The Employer has the right to terminate the employee’s services for not meeting the
company’s needs.
8. Dispute Resolution.
If there is any conflict or dispute during the performance of this Agreement, the same
shall be negotiated between the parties amicable. If the same fails, the disagreement
or dispute shall be referred to a neutral arbitrator whose final decision will be binding
upon the parties.
9. Governing Law.
The provisions of this Agreement shall be construed and interpreted in accordance
with the laws of ___________.
10. Entire Agreement.
This Agreement contains the complete and entire Agreement of both the Employer
and the employee. There are no other promises or conditions, oral or written, outside
of what is contained herein in this Agreement. This Agreement supersedes any prior
written or oral agreements between both parties.
11. Severability.
Should any provision contained within this Agreement be deemed invalid or
unenforceable, in part or whole, such invalidity or unenforceability will attach only to
the particular provision or portion of this Agreement. In contrast, the remaining
aspects of the said provision and all other provisions of this Agreement shall remain
in full force and effect.
IN WITNESS THEREOF, the parties herein have executed this agreement on the
date below; –
THE EMPLOYER:
_____________________
Signature:
____________________________
Date:
_________________________________
Email address:
_________________________
Tel. No:
_______________________________
THE EMPLOYEE:
_____________________
Signature:
____________________________
Date:
_________________________________
Email address:
_________________________
Tel. No:
_______________________________
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