This is an agreement between an employer and an employee outlining terms of the
employment for the employee, including employment period, compensation, scope of
duties and responsibilities, and vacation policy. The agreement also contains restrictive
covenants, such as a confidentiality clause and a non-competition clause whereby the
employee agrees not engage in or be employed in a competing company and agrees
not to solicit company customers or clients for a set amount of time. This employment
agreement should be retained by the human resources department and kept in the
employee’s personnel file.
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Detailed Employment Agreement with Benefits Described, Covenant
not to Compete and Confidentiality Clause
Employment Agreement made on the (date), between (Name of Employee) of (street
address, city, county, state, zip code), referred to herein as Employee, and (Name of
Company), a corporation organized and existing under the laws of the state of
______________, with its principal office located at (street address, city, county, state, zip
code), referred to herein as Company.
Whereas, Employee and the Company desire to enter into an employment agreement to
fully recognize the contributions of the Employee to the Company and to assure continuous
harmonious performance of the affairs of the Company;
Now, therefore, for and in consideration of the mutual covenants contained in this
Agreement, and other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties agree as follows:
Company hires Employee as (job title) of the Company and Employee does accept such
employment upon the terms and conditions set forth in this Agreement and agrees to perform
the duties required of him to the best of his ability.
2. Term of Employment
The terms of this Agreement shall commence as of (date) and shall continue until (date)
and subsequently from month to month. Company may terminate this Agreement upon
____________ days' notice and Employee may terminate this Agreement upon __________
days' written notice to the Company. In such event Employee shall continue to receive his
compensation and Employee shall continue to render services through the date of termination.
For services rendered by Employee under this Agreement, Company shall pay the
Employee the sum of $________ per (designate period, e.g. monthly or weekly), with
said amount to be paid on a (e.g., monthly period).
4. Benefits of Employee
Employee shall also receive the following benefits:
A. Employee shall have (number) paid sick days per (e.g. fiscal year), provided that
Employee shall not be entitled to more than (number) paid sick days during the first
(number) days of employment.
B. Employee shall have (number) paid personal days per (e.g. fiscal year), provided
that the Employee shall not be entitled to more than (number) paid personal days during
the first (number) days of employment.
C. Employee shall receive towards his moving expenses: (e.g. a flat sum or the
amount spent) for the following expenses:
storage of goods in transit;
mileage at ____________ cents per mile;
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any sales commission on the sale of Employee's present residence or the
difference between $____________ and the actual sale price (if less) of
Employee's present residence; and
all motel and hotel room expenses up to $____________ per day for a maximum
of _____ days.
D. Employee shall participate in the deferred compensation plan attached to this
Agreement as Exhibit A.
E. Employee shall participate in the following Employee benefit plans, according to
the following terms and conditions (to the extent supplemented by the respective plans
1. Medical insurance with the following features:
i. Room and Board: $____________;
ii. Maximum No. of Days: ____________;
iii. Intensive Care Additional: $ ____________;
iv. Intensive Care No. of Days: ____________;
v. Maximum Extra Charges: $___________