DATED
------------
EMPLOYMENT CONTRACT
between
(NAME OF COMPANY)
and
(EMPLOYEE)
CONTENTS CLAUSE
1.
Interpretation
1
2.
Term of appointment 2
3.
Duties
4.
Place of work
2
5.
Hours of work
3
.
!alar"
3
#.
$%penses
3
&.
Holida"s
3
'.
(onfidential information
2
4
1).
Termination wit*out notice
4
11.
+bli,ations on termination
5
12.
econstruction and amal,amation
13.
otices
14.
$ntire a,reement
15.
/ariation
1.
(ounterparts
#
1#.
T*ird part" ri,*ts
#
1&.
0oernin, law and urisdiction
5
#
THIS AGREEMENT is dated
PARTIES 1
(NAME OF COMPANY) incorporated and re,istered in t*e ritis* /ir,in Islands
wit* (ompan" number 6666666 w*ose re,istered office is at 7ddress Company . 2
(NAME
OF
EMPLOYEE)
of
888888888888888888..
Employee.
AGREED TERMS
1.
INTERPRETATION
1.1
T*e definitions and rules of interpretation in t*is clause 1 appl" in t*is a,reement. Appoinmen! t*e emplo"ment of t*e $mplo"ee b" t*e (ompan" on t*e terms of t*is
a,reement. Commen"emen Dae! Con#i$enial In#o%maion! information w*et*er or not recorded in documentar"
form9 or stored on an" ma,netic or optical disk or memor" relatin, to t*e business9 products9 affairs and finances of an" 0roup (ompan" for t*e time bein, confidential to an" 0roup (ompan" and trade secrets includin,9 wit*out limitation9 tec*nical data and know-*ow relatin, to t*e business of an" 0roup (ompan" or an" of t*eir business contacts. G%o&p Company! t*e (ompan"9 its subsidiaries or *oldin, companies from time to
time and an" subsidiar" of an" *oldin, compan" from time to time. In"apa"iy! an" sickness or inur" w*ic* preents t*e $mplo"ee from carr"in, out
*is duties. P%e'Con%a"&al Saemen! an" undertakin,9 promise9 assurance9 statement9
representation9 warrant" or understandin, w*et*er in writin, or not of an" person w*et*er part" to t*is a,reement or not relatin, to t*e $mplo"ee:s emplo"ment under t*is a,reement w*ic* is not e%pressl" set out in t*is a,reement or an" documents referred to in it.
1.2
T*e *eadin,s in t*is a,reement are inserted for conenience onl" and s*all not affect its construction.
1.3
7 reference to a particular law is a reference to it as it is in force for t*e time bein, takin, account of an" amendment9 e%tension9 or re-enactment and includes an" subordinate le,islation for t*e time bein, in force made under it.
1.4
;nless t*e conte%t ot*erwise re
1
1.5
;nless t*e conte%t ot*erwise re
.
TERM OF APPOINTMENT
T*e 7ppointment s*all be deemed to *ae commenced on t*e (ommencement Date and s*all continue9 subect to t*e remainin, terms of t*is a,reement9 until terminated b" eit*er part" ,iin, t*e ot*er not less t*an four 4 weeks: prior notice in writin,.
.
D*TIES
3.1
T*e $mplo"ee s*all sere t*e (ompan" as Director of +perations or suc* ot*er role as t*e (ompan" considers appropriate.
3.2
Durin, t*e 7ppointment t*e $mplo"ee s*all= a
unless preented b" Incapacit"9 deote t*e w*ole of *is time9 attention and abilities to t*e business of t*e (ompan">
b
dili,entl" e%ercise suc* powers and perform suc* duties as ma" from time to time be assi,ned to *im b" t*e (ompan" to,et*er wit* suc* person or persons as t*e (ompan" ma" appoint to act ointl" wit* *im>
c
compl" wit* all reasonable and lawful directions ,ien to *im b" t*e (ompan">
d
report *is own wron,doin, and an" wron,doin, or proposed wron,doin, of an" ot*er emplo"ee or director of an" 0roup (ompan" to t*e (ompan" immediatel" on becomin, aware of it> and
e
3.3
use *is best endeaours to promote9 protect9 deelop and e%tend t*e business of an" 0roup (ompan".
7ll documents9 manuals9 *ardware and software proided for t*e $mplo"ee:s use b" t*e (ompan"9 and an" data or documents includin, copies produced9 maintained or stored on t*e (ompan":s computer s"stems or ot*er electronic e
+.
PLACE OF ,OR-
4.1
T*e $mplo"ee:s normal place of work is 66666666666666 or suc* ot*er place wit*in w*ic* t*e (ompan" ma" reasonabl" re
4.2
T*e $mplo"ee a,rees to trael on an" 0roup (ompan":s business bot* wit*in i,eria or abroad as ma" be re
2
.
HO*RS OF ,OR-
T*e $mplo"ee s*all work no less t*an fort" 4) *ours in a calendar week9 w*ic* ma" include weekends as t*e case ma" be and suc* additional *ours as are necessar" for t*e proper performance of *is duties. T*e $mplo"ee acknowled,es t*at *e s*all not receie furt*er remuneration in respect of suc* additional *ours.
/.
SALARY
.1
T*e $mplo"ee s*all be paid a salar" of 666666666666666666666666666 salar" in words
.2
T*e $mplo"ee:s salar" s*all accrue from da" to da" and be pa"able mont*l" in arrears on or about t*e 3) t* of eac* mont* directl" into t*e $mplo"ee:s bank.
.3
T*e $mplo"ee:s salar" s*all be reiewed b" t*e (ompan" annuall". T*e (ompan" is under no obli,ation to award an increase followin, a salar" reiew. T*ere will be no reiew of t*e salar" after notice *as been ,ien b" eit*er part" to terminate t*e 7ppointment.
.4
T*e (ompan" ma" deduct from t*e salar"9 or an" ot*er sums owed to t*e $mplo"ee9 an" mone" owed to an" 0roup (ompan" b" t*e $mplo"ee.
0.
EPENSES
T*e (ompan" s*all reimburse or procure t*e reimbursement of all reasonable e%penses w*oll"9 properl" and necessaril" incurred b" t*e $mplo"ee in t*e course of t*e 7ppointment9 subect to production of appropriate eidence of pa"ment.
2.
HOLIDAYS
&.1
T*e $mplo"ee s*all be entitled to twent"-fie 25 da"s: paid *olida" in eac* *olida" "ear to,et*er wit* t*e usual public *olida"s in i,eria. T*e (ompan":s *olida" "ear runs between ?anuar" and December. If t*e 7ppointment commences or terminates part wa" t*rou,* a *olida" "ear9 t*e $mplo"ee:s entitlement durin, t*at *olida" "ear s*all be calculated on a pro-rata basis.
&.2
Holida" s*all be taken at suc* time or times as s*all be approed in adance b" a director of t*e (ompan". T*e $mplo"ee s*all not wit*out t*e consent of t*e (ompan" carr" forward an" accrued but untaken *olida" entitlement to a subse
3
&.3
T*e $mplo"ee s*all *ae no entitlement to an" pa"ment in lieu of accrued but untaken *olida".
&.4
If on termination of t*e 7ppointment t*e $mplo"ee *as taken in e%cess of *is accrued *olida" entitlement9 t*e (ompan" s*all be entitled to recoer from t*e $mplo"ee b" wa" of deduction from an" pa"ments due to t*e $mplo"ee or ot*erwise one da":s pa" calculated at 1@2)t* of t*e $mplo"ee:s full-time e
&.5
If eit*er part" *as sered notice to terminate t*e 7ppointment9 t*e (ompan" ma" re
3.
CONFIDENTIAL INFORMATION
'.1
T*e $mplo"ee acknowled,es t*at in t*e course of t*e 7ppointment *e will *ae access to (onfidential Information. T*e $mplo"ee *as t*erefore a,reed to accept t*e restrictions in t*is clause '.
'.2
T*e $mplo"ee s*all not e%cept in t*e proper course of *is duties9 eit*er durin, t*e 7ppointment or at an" time after its termination *oweer arisin,9 use or disclose to an" person9 compan" or ot*er or,anisation w*atsoeer and s*all use *is best endeaours to preent t*e publication or disclosure of an" (onfidential Information. T*is s*all not appl" to= a
an" use or disclosure aut*orised b" t*e (ompan" or re
b
an" information w*ic* is alread" in9 or comes into9 t*e public domain ot*er t*an t*rou,* t*e $mplo"ee:s unaut*orised disclosure.
14.
TERMINATION ,ITHO*T NOTICE
1).1
T*e (ompan" ma" terminate t*e 7ppointment wit* immediate effect wit*out notice and wit* no liabilit" to make an" furt*er pa"ment to t*e $mplo"ee ot*er t*an in respect of amounts accrued due at t*e date of termination if t*e $mplo"ee= a
is ,uilt" of an" ,ross misconduct affectin, t*e business of an" 0roup (ompan">
b
commits an" serious or repeated breac* or non-obserance of an" of t*e proisions of t*is a,reement or refuses or ne,lects to compl" wit* an" reasonable and lawful directions of t*e (ompan">
c
is9 in t*e reasonable opinion of t*e (ompan"9 ne,li,ent and incompetent in t*e performance of *is duties>
4
d
is conicted of an" criminal offence ot*er t*an an offence under an" road traffic le,islation in i,eria or elsew*ere for w*ic* a fine or non-custodial penalt" is imposed>
e
is ,uilt" of an" fraud or dis*onest" or acts in an" manner w*ic* in t*e opinion of t*e (ompan" brin,s or is likel" to brin, t*e $mplo"ee or an" 0roup (ompan" into disrepute or is materiall" aderse to t*e interests of an" 0roup (ompan"> or
f
1).2
is ,uilt" of a serious breac* of an" rules issued b" t*e (ompan" from time to time re,ardin, its electronic communications s"stems.
T*e ri,*ts of t*e (ompan" under clause 1).1 are wit*out preudice to an" ot*er ri,*ts t*at it mi,*t *ae at law to terminate t*e 7ppointment or to accept an" breac* of t*is a,reement b" t*e $mplo"ee as *ain, brou,*t t*e a,reement to an end. 7n" dela" b" t*e (ompan" in e%ercisin, its ri,*ts to terminate s*all not constitute a waier t*ereof.
11.
O5LIGATIONS ON TERMINATION
11.1
+n termination of t*e 7ppointment *oweer arisin, t*e $mplo"ee s *all= a
immediatel" delier to t*e (ompan" all documents9 books9 materials9 records9 correspondence9 papers and information on w*ateer media and w*ereer located relatin, to t*e business or affairs of an" 0roup (ompan" or its business contacts9 an" ke"s9 and an" ot*er propert" of an" 0roup (ompan"9 w*ic* is in *is possession or under *is control>
b
irretrieabl" delete an" information relatin, to t*e business of an" 0roup (ompan" stored on an" ma,netic or optical disk or memor" and all matter deried from suc* sources w*ic* is in *is possession or under *is control outside t*e (ompan":s premises> and
c
proide a si,ned statement t*at *e *as complied full" wit* *is obli,ations under t*is clause 11.1 to,et*er wit* suc* reasonable eidence of compliance as t*e (ompan" ma" re
1.
R ECONSTR*CTION AND AMALGAMATION
If t*e 7ppointment is terminated at an" time b" reason of an" reconstruction or amal,amation of t*e (ompan" or an" 0roup (ompan"9 w*et*er b" windin, up or ot*erwise9 and t*e $mplo"ee is offered emplo"ment wit* an" concern or undertakin, inoled in or resultin, from t*e reconstruction or amal,amation on terms w*ic* considered in t*eir entiret" are no less faourable to an" material e%tent t*an t*e terms of t*is a,reement9 t*e $mplo"ee s*all *ae no claim a,ainst t*e (ompan" or an" suc* undertakin, arisin, out of or connected wit* t*e termination.
5
1.
13.1
NOTICES
7 notice ,ien to a part" under t*is a,reement s*all be in writin, and si,ned b" or on be*alf of t*e part" ,iin, it. It s*all be deliered b" *and or sent to t*e part" at t*e address notified in writin, to t*e ot*er part".
13.2
7n" suc* notice s*all be deemed to *ae been receied at t*e time t*e notice is left at t*e address or ,ien to t*e addressee.
13.3
7 notice s*all *ae effect from t*e earlier of its actual or deemed receipt b" t*e addressee. Aor t*e purpose of calculatin, deemed receipt= a
all references to time are to local time in t*e place of deemed receipt> and
b
if deemed receipt would occur on a !aturda" or !unda" or a public *olida" w*en banks are not open for business9 deemed receipt is at '.)) am on t*e ne%t business da".
13.4
T*is clause does not appl" to t*e serice of an" proceedin,s or ot*er documents in an" le,al action.
1+.
ENTIRE AGREEMENT
14.1
T*is a,reement and an" document referred to in it constitutes t*e w*ole a,reement between t*e parties and in t*e case of t*e $mplo"er9 as a,ent for an" 0roup (ompanies and supersedes all preious discussions9 correspondence9 ne,otiations9 arran,ements9 understandin,s and a,reements between t*em.
14.2
$ac* part" acknowled,es t*at in enterin, into t*is a,reement it *as not relied on and s*all *ae no remed" in respect of an" Pre-(ontractual !tatement.
14.3
$ac* part" a,rees t*at its onl" liabilit" in respect of t*ose representations and warranties t*at are set out in t*is a,reement w*et*er made innocentl" or ne,li,entl" s*all be for breac* of contract.
14.4
1.
ot*in, in t*is a,reement s*all limit or e%clude an" liabilit" for fraud.
6ARIATION
o ariation or a,reed termination of t*is a,reement s*all be effectie unless it is in writin, and si,ned b" t*e parties or t*eir aut*orised representaties.
1/.
CO*NTERPARTS
T*is a,reement ma" be e%ecuted in an" number of counterparts9 eac* of w*ic*9 w*en e%ecuted and deliered9 s*all be an ori,inal9 and all t*e counterparts to,et*er s*all constitute one and t*e same instrument.
10.
THIRD PARTY RIGHTS
o person ot*er t*an a part" to t*is a,reement ma" enforce an" of its terms.
12.
GO6ERNING LA, AND 7*RISDICTION
1&.1
T*is a,reement and an" dispute or claim arisin, out of or in connection wit* it or its subect matter or formation includin, non-contractual disputes or claims s*all be ,oerned b" and construed in accordance wit* i,erian law.
1&.2
T*e parties irreocabl" a,ree t*at t*e courts of i,eria s*all *ae e%clusie urisdiction to settle an" dispute or claim t*at arises out of or in connection wit* t*is a,reement or its subect matter or formation includin, non-contractual disputes or claims.
T*is a,reement *as been entered into on t*e date stated at t*e be,innin, of it.
!i,ned b" (name o# employe%) for and on be*alf of (name o#
....................................... Director
"ompany)
!i,ned b" (Name o# employee)
.......................................
#
