Employment Contract
This Employment Contract (hereinafter “Contract”, “Agreement”) is entered
into on___________________(the “Effective Date”), by and
between___________________________, with an address of
_______________________(hereinafter referred to as the “Employer”) and
____________________________, with an address of ____________________________
(hereinafter referred to as the “Employee”), also individually referred to as
“Party” and collectively “the Parties”.
The Employee wants to provide the services desired by the Employer,
whereas the Employer wants to pay the Employee for their performance, as
per the terms and conditions described below.
I. Title and Duties
The Employee shall be employed to perform the work under the following
title:
_________________________________________________________________________
(Optional) The Employee shall have the following responsibilities, as part of
this Contract:
● _______________________________________________________________________
● _______________________________________________________________________
● _______________________________________________________________________
● _______________________________________________________________________
II. Start Date and Location
The Employee shall begin working on ______________________ (hereinafter the
“Commencement Date”) for the employer, under the following terms:
- The Employee agrees that they will be working from _______________ to
______________ (e.g. Monday to Friday)
- The Employee will work on a part-time/full-time basis (underline the choice),
between the following hours: ______________ to ______________ (the “Working
Hours”)
- The Employee agrees to work on average ____________ per week
- A ________ lunch break is not included in the number of hours to be worked
per week but must be taken on a daily basis, during the working hours.
- Unless a special situation arises, the Employee agrees that they will work
remotely/at the following location: ________________________ (underline the
correct),
including/not including a mixed system.
III. Compensation
The Employer will pay the Employee a salary in accordance with the following
terms:
- Salary:
- Payment schedule: ________________________________________________________
- The Employee’s salary is subject to regular deductions, taxes and/or
withholdings, which the Employer will withhold and pay, as required by law.
- Payments must be sent via the following transfer method:
________________________
IV. Probationary Period
The Contract is subject to the Probationary Period: within the first
________________ calendar days, the Employer reserves the right to cancel this
contract on any grounds, including but not limited to poor performance of
the Employee.
Upon exercising the right to make use of the Probationary Period, up to half
of the agreed monthly compensation can be paid. The amount that will be
compensated to the Employee will be established by the Employer.
The lack of acting upon this right after the aforementioned number of days
automatically waives the right and enforces the contract as described in the
other paragraphs of this agreement.
V. Expenses and Reimbursement
The Employer hereby agrees to reimburse the Employee for all the expenses
related to the Contract, which must be pre-approved in writing.
VI. Benefits
The Employer will offer the benefits, in accordance with the terms below. The
Employer reserves the right to change the said benefits, at their discretion,
but while notifying the Employee beforehand.
1. Insurance: ______________________________________________________________
2. Holidays: _______________________________________________________________
3. Vacation: _______________________________________________________________
4. Wellness: _______________________________________________________________
5. Retirement plan: _________________________________________________________
6. Paid time off: ____________________________________________________________
VII. Termination
This Contract may be terminated in accordance with the following terms:
- The Contract may be terminated immediately, by either Party, if the other
Party
breaches any clause of this Contract.
- The Contract may be terminated at any given time, with written notice
provided to the other Party __________________ before terminating the
Contract.
Upon terminating this Contract, the Employee shall return all the materials,
assets, products, goods or otherwise any content provided by the Employer or
third parties for the purposes of the work provided as part of this Contract.
The aforementioned shall be returned no later than fourteen (14) days after
the termination.
VIII. Confidentiality
Any materials, proprietary information, trade secrets, industry knowledge and
other
confidential information transferred from the Employer to the Employee
must be kept confidential by the Employee unless disclosure is required by a
process of the law.
Divulging any of this information for any purpose beyond the scope of this
Contract, or beyond the exceptions set forth above, is forbidden without the
prior consent of the Employer, even after the termination of the Contract.
The Employee consents to not using any of this proprietary information for
their own benefit at any time.
IX. Intellectual Property
The Employee understands and agrees that any intellectual property
provided to them by the Employer will remain the sole property of the
Employer.
Intellectual Property may include but is not limited to: trademarks, service
marks, service marks registrations, service names, patents, patent rights,
copyrights, trade names, licensees, governmental authorizations, approvals,
trade secrets, algorithms, inventions, codes, processes, software, ideas,
concepts, developments, mockups, blueprints, formulas, processes.
X. Exclusivity
Both Parties agree that the Employer is not bound by any exclusivity and is
entitled to enter into other similar agreements, for the purpose of engaging
in other employment agreements.
The Employee is not entitled to enter into a similar agreement as long as this
Contract is not terminated.
XI. Conflict of Interest
During the term of the Employee’s active Agreement with the Employer, it is
understood and agreed that any business opportunity relating to or similar to
the Employer’s actual or reasonably anticipated business opportunities (with
the exception of personal investments in less than 5% of the equity of a
business, investments in established family businesses, real estate or
investments in stocks and bonds traded on public stock exchanges) coming
to the attention of the Employee, is an opportunity belonging to the
Employer. Therefore, the Employee will advise the Employer of the
opportunity and cannot pursue the opportunity, directly or indirectly, without
the written consent of the Employer.
During the term of the Employee’s active Agreement with the Employer, the
Employee will not, directly or indirectly, participate in any other business
activities that the Employer, in its reasonable discretion, determines to be in
conflict with the best interests of the Employer without the written consent
of the Employer.
XII. Limitation of Liability
Neither of the parties will be liable for any indirect, consequential, punitive or
special damages (including lost profits) that come out of this Contract or the
transactions it entails (whether for breach of contract, tort, negligence, or any
other form of action.
XIII. Waiver
The failure by either of the Parties to exercise their rights, power and/or
privileges under the terms of this Agreement will not be considered as a
waiver of any subsequent/future/other exercises of that right, power and/or
privileges.
XIV. Legal Fees
In the case in which legal action takes place, the successful Party will be
entitled to its legal fees, including but not limited to its attorneys’ fees.
XV. Dispute Resolution
In the case in which there is a dispute arising out of this Contract, that cannot
be resolved by both parties via a mutual agreement, the Parties agree to
engage in mediation.
XVI. Severability
In an event where any provision of the Contract has been found to be void
and/or unenforceable by a court of competent jurisdiction, the remaining
provisions will remain enforceable according to the Parties’ information.
XVII. Legal and Binding Agreement
The Contract is a legally binding agreement between both Parties, as stated
above. The Parties each represent that they have the authority to enter into
this Contract.
XVIII. Governing Law and Jurisdiction
The Parties agree that this Contract shall be governed and construed in
accordance with the laws of Lebanon .
XIX. Entire Agreement
This Contract contains the entire agreement and understanding among the
Parties hereto with respect to the subject matter hereof. This Contract
supersedes all prior agreements, understandings, inducements and
conditions, express or implied, oral or written, of any nature whatsoever with
respect to the subject matter hereof. In the event that the Parties desire to
change, add, or modify any of the terms agreed upon in this Contract, they
shall do so in writing to be signed by both parties. The Parties hereby agree to
the terms and conditions set forth above in this Contract by their
signatures, as follows:
EMPLOYER
Signature: ___________________________
Name: ______________________________
Date: _______________________________
EMPLOYEE
Signature: ___________________________
Name: ______________________________
Date: _______________________________