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Employment Contract (Fixed Payment)

This document is a template for an Employment Contract with fixed payment, outlining the terms of employment, including appointment duration, duties, salary, holiday entitlement, and termination procedures. It emphasizes confidentiality, conflict of interest, and adherence to company policies. The agreement is governed by the laws of a specified country and requires written amendments for validity.
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0% found this document useful (0 votes)
23 views6 pages

Employment Contract (Fixed Payment)

This document is a template for an Employment Contract with fixed payment, outlining the terms of employment, including appointment duration, duties, salary, holiday entitlement, and termination procedures. It emphasizes confidentiality, conflict of interest, and adherence to company policies. The agreement is governed by the laws of a specified country and requires written amendments for validity.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Employment

Contract (fixed
payment)
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Employment Contract (fixed
payment)

1. Appointment and Duration

1.1 The Company shall employ the Employee and the Employee shall work for the Company
under the terms of this agreement.

1.2 The Employment shall commence on [Date] and shall continue (subject always to the
terms of this agreement) until terminated by either party serving notice in accordance with the
provisions set out below.

1.3 The first [Number] months of the Employment shall be a probationary period and the
Company may terminate the Employment at any time during this period on [number] weeks’
notice.

2. Duties

2.1 The Employee shall be employed as [job title]or such other role as the Company may
require from time to time having regard to the needs of the business and the Employee’s skills,
qualifications and experience.

2.2 Details of the Employee’s duties will be communicated upon commencement of


employment. The Company reserves the right to vary the Employee’s duties from time to time
as may be required by the business.

3. Place and hours of work

3.1 The Employee’s ordinary place of work will primarily be [location] but a different location
may occur from time to time.

3.2 The Employee’s normal hours of work shall be [time] to [time] from Monday to Friday.
3.3 The Employee may from time to time be required to work such additional hours as are
necessary for the proper performance of his duties. The Employee acknowledges that he/she
shall not receive any additional remuneration for any such additional hours worked by him.

4. Salary

4.1 The Employee shall be paid a basic salary of [AMOUNT] per month. Payment will be made
in arrears in equal monthly instalments and shall accrue from [Date]. The salary will be paid out
to the Employee on the [E.G.: FIRST BANK DAY OF A NEW MONTH]

4.2 The Employee acknowledges that the Company may at any time deduct from his basic
salary, or such other amounts as may be owed to the Employee, any sums that may be owed
by the Employee to the Company including, but not limited to, overpayment of annual leave,
unauthorised expenses and outstanding loans.

5. Holiday

5.1 The holiday year runs from [NUMBER].

5.2 The Employee is entitled to [NUMBER] days holiday in any holiday year. In addition, the
Employee will be entitled to the usual bank and public holidays as are recognised in
[COUNTRY].

5.3 The Employee may not, without the prior written consent of the Company carry forward
more than [NUMBER] days holiday from one holiday year to the next.

6. Sickness or injury

6.1 In the event that the Employee is absent from work due to sickness or injury, he will inform
his supervisor as soon as possible and will provide regular updates as to his recovery, and as
far as practicable will inform his supervisor of his expected date of return to work.

6.2 If the Employee is absent from work due to sickness or injury for more than seven
consecutive days the Employee must obtain a medical certificate from his doctor and submit it
to his supervisor.
6.3 For any period of absence due to sickness or injury the Employee will be paid statutory sick
pay only, provided that he satisfies the relevant requirements. The Employee’s qualifying days
for statutory sick pay purposes are Monday to Friday.

7. Confidential Information

7.1 The Employee acknowledges that during the Employment he shall have access to and use
of confidential information.

7.2 The Employee agrees that he will not (other than in the proper course of his duties under
this agreement), either during the employment or at any time thereafter (unless authorised to
do so by the Company in writing) directly or indirectly (i) use for his own benefit or the benefit
of any third party or (ii) disclose or permit the disclosure of any Confidential Information.

7.3 The Employee agrees that he will at all times use his best endeavours to protect the
confidential information and prevent the unlawful disclosure or publication of it.

7.4 The restrictions on the Employee’s use of Confidential Information shall not apply to:

Confidential information which comes into the public domain other than in consequence of his
unlawful disclosure;

any information which the Employee has acquired other than through the performance of his
duties for the Company; or

any information which is required to be disclosed by the Employee by order of a court of


competent jurisdiction or an appropriate regulatory authority or otherwise required by law.

8. Conflict of interest

8.1 During the Employment the Employee shall not undertake any paid or unpaid work for any
other company, firm or organisation without the written approval of the Company.

9. Termination of employment
9.1 Subject to the following, the Company may terminate the Employment by giving to the
Employee [number] months’ written notice.

9.2 Subject to the following, the Employee may terminate the Employment by giving to the
Company [number] months’ written notice.

9.3 The Company reserves the right, at its discretion, to terminate the Employment
immediately without giving the period of notice referred to above by paying to the Employee his
basic salary (less deductions of tax and national insurance) in lieu of all or part of his notice
period as the case may be. Such payment in lieu of notice shall not include any element in
relation to any holiday entitlement that the Employee would have accrued had he worked the
full period of notice.

10. Company Policies

10.1 The Employee is subject to the Company’s disciplinary and grievance policies, copies of
which can be obtained from [insert]. The disciplinary and grievance policies are not contractual
in effect and do not form part of the Employee’s contract of employment.

10.2 The Company may suspend the Employee for a period of up to [insert] weeks for the
purposes of carrying out a disciplinary investigation into any allegations that might be raised
against him. During such period of suspension, the Employee will receive his usual pay and
benefits.

11. Collective Agreements

11.1 There are no collective agreements which affect the Employment.

12. Entire Agreement

12.1 The Employee and the Company acknowledge and agree that the provisions of this
agreement set out the entire agreement and understanding between them and that it
supersedes all prior discussions, arrangements or agreements that might have taken place in
relation to the Employment.
13. Amendments

13.1 No amendments to this agreement shall be valid or binding upon the parties unless it is
recorded in writing and signed by or on behalf of the parties.

14. Governing Law and Jurisdiction

14.1 This agreement shall be governed by and construed in accordance with the laws of
[COUNTRY].

14.2 Each of the parties irrevocably submits for all purposes in connection with this agreement
to the exclusive jurisdiction of the courts of [INSERT COURTS].

15. Other terms

15.1 [Insert any other terms]

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