Pennsylvania Sample Employment Agreement between Telocity, Inc. and Vice President of Human Interaction
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How to fill out Sample Employment Agreement Between Telocity, Inc. And Vice President Of Human Interaction?
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FAQ
A time of performance clause designates the time frame within which performance must occur. If performance does not occur within that time then the non-performing party has breached the contract. If no specific time is designated, performance must occur within a reasonable amount of time.
An employment contract is a legally binding agreement between an employer and employee used to define the working relationship. You can use one to outline the employee's role and responsibilities within the business as well as to outline their compensation and any benefits they might receive.
Here are some steps you may use to guide you when you 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.
As compensation for your services to the Company, you will receive $10,000 in cash per year compensation as set forth on Schedule B attached hereto (hereinafter, the "Compensation") for serving on the Board starting from the date of this Agreement, which shall be paid to you quarterly in arrears during your term as ...
Time of Performance Clause. This sets out the timeframe of performance for the work specified by the contract. Some contracts may use ?time is of the essence? phrasing, meaning that the contract will be considered breached if the specified duties in the contract are not performed in a reasonable time.
This kind of clause provides that you must devote your full-time and attention to the employer. Many of us have commitments or interests outside of work that may result in a violation of this kind of term of employment.
The Employee shall devote his full business time and attention to the business of the Company, and, except as may be specifically permitted by the Company, shall not be engaged in any other business activity during the term of this Agreement.
It basically means that you're not going to be doing work other than their work during the time you're supposed to be working for them. Whether or not doing something else on your off hours is a contract violation will depend on the wording of the contract, and how closely related the two activities are.