Employment Agreement[7]

EMPLOYMENT AGREEMENT By and between _________ (Company) referred to as "Company",and _________ (Employee) referred to as "the Employee". The Company, located at ___________________________________________, employs Employee and Employee, of ______________________________________________, hereby agrees to be employed on the following terms and conditions: 1. Start Date: Employment shall commence on ___________ time being of the essence. 2. DUTIES: Employee agrees to perform the duties set out herein: (Describe general duties) __________________________________________________ __________________________________________________ __________________________________________________ Employee shall perform such further duties as are customarily performed by one holding such position in other businesses of the same or similar nature as that engaged in by Company. 3. COMPENSATION: In consideration of the foregoing, Company shall pay Employee a salary of $_______ per year, for Employee's services, payable __________________. 4. DURATION OF EMPLOYMENT: Employee's agreement shall remain in effect until it is terminated by either party, commencing on ______________________ (date). 5. TERMINATION: This agreement may be terminated earlier upon (1) death of Employee or illness or incapacity that prevents Employee from performing his/her duties for a period of more than _____ weeks in any calendar year and (2) breach of the agreement by Employee.? Such option shall be exercised by Employer giving a notice to Employee by certified mail, addressed to him in care of employer.? With such notice, this agreement shall cease and come to an end _______ days after in which the notice is mailed. 6. MISCELLANEOUS: (1) Employee agrees not to disclose any of Company's trade marks during or after the employment.? (2) In the event of any dispute over this agreement, it shall be resolved through binding arbitration under the rules of the American Arbitration Association. In witness whereof, both parties have executed this agreement at __________________________ (place of execution), on _____________________ (date). ______________________________ Company ____________________________ Employee