EMPLOYMENT AGREEMENT
This Agreement for Employment is made this ________ day
of _________, 19__, by and between _______________("Employer")
and ________________("Employee").
For good and valuable consideration, receipt of which is
hereby acknowledged the Employer shall employ as any Employee
subject to the following terms and conditions.
1. The Employee shall commence employment on
___________, 19__.
2. The Employee shall perform the following duties and
responsibilities:
The Employee shall perform such further and other
duties as are required by the Employer.
3. The Employee shall work_______through_______ from
____ A.M. to ____P.M. and such additional hours as are required
by the Employer for the Employee to competently perform the
duties of his position. The Employee shall use his best efforts
on behalf of the Employer.
4. The Employee shall comply with all stated standards
of performance, policies, rules, regulations and manuals, receipt
of which by the Employee is hereby acknowledged. The Employee
shall also comply with such future Employer policies, rules,
regulations, performance standards and manuals as may be
published or amended from time to time.
5. The Employee's employment under this Agreement shall
commence __________, 19___ and shall terminate on _________,
19__, unless terminated prior to such time for cause.
6. The Employer shall pay to the Employee as
compensation for services, and the Employee agrees to accept the
sum of $ __________ per year payable [choose one] (weekly, bi-
weekly, monthly, bi-monthly) of $__________, and be entitled
to the following "fringe benefits":
7. This contract of employment may terminate upon the
occurrence of any of the following events: (a) the death of the
Employee; (b) the failure of the Employee to perform his duties
satisfactorily after notice or warning thereof; (c) for just
cause based upon non-performance of duties by Employee; (d)
economic reasons of the Employer which may arise during the term
of this Agreement and which may be beyond the control of the
Employer.
8. The Employee shall not, at any times during the
period hereof, and for ____ years from the date of termination of
this Agreement, directly or indirectly, within a geographic area
of _____miles, engage in, or become involved in, any competitive
or similar business as that of the within Employer.
9. Any dispute under this contract shall be required to
be resolved by binding arbitration of the parties hereto. Each
party shall select one arbitrator and both arbitrators shall
select a third. The arbitration shall be governed by the rules
of the American Arbitration Association then in force and
effect.
10. This Agreement may not be assigned without prior
notice by either party, and subject to the mutual consent and
approval of any such assignment.
11. This Agreement constitutes the complete
understanding between the parties, unless amended by a subsequent
written instrument signed by the employer and employee.
____________________________ ___________________________
Employee Employer
Form 403
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