My current location: , | Change location

Sample Employment Agreement (Letter Version)


Date

Name of Employee
Address
City, State, Zip

Dear [Name of Employee]:

This letter confirms that [Name of Company] ("The Company") has hired you as its [specify title]. In consideration thereto, you agree to be employed under the following terms and conditions:

1. You agree to work full-time and use your best efforts while rendering services for the Company. As our [specify title], you will be responsible for: [specify in detail]

2. You will make no representations, warranties, or commitments binding the Company without our prior consent nor do you have any authority to sign any documents or incur any indebtedness on the Company's behalf.

3. You shall assume responsibility for all samples, sales literature and other materials delivered to you and you shall return same immediately upon the direction of the Company.

4. THE COMPANY EMPLOYS YOU AT WILL AND MAY TERMINATE YOUR EMPLOYMENT AT ANY TIME, WITHOUT PRIOR NOTICE, WITH OR WITHOUT CAUSE. LIKEWISE, YOU ARE FREE TO RESIGN AS OUR SALES MANAGER AT ANY TIME, WITH OR WITHOUT NOTICE.

5. The Company shall pay you a salary of [Specify $X] per [specify] as consideration for all services to be rendered pursuant to this Agreement. In addition, the Company shall provide you with health insurance coverage for you and your family, and you will be eligible to participate in the Company pension plan. You will also receive Two (2) weeks paid vacation each year, provided you give the Company appropriate notice and the Company reserves the right to schedule your vacation(s) so as not to conflict with its normal business operations.

6. You shall also be paid for absences due to illness up to a maximum of Two (2) weeks per year, provided you submit a doctor's authorization indicating the reason for extended illness and the treatment received.

7. The Company shall also provide you time off with pay for the following holidays: [specify].

8. You agree and represent that you owe the Company the highest duty of loyalty. This means that you will never make secret profits at the Company's expense, will not accept kickbacks or special favors from Customers or Manufacturers, and will protect Company property.

9. While acting as an employee for the Company, you will not directly or indirectly, own an interest in, operate, control, or be connected as an employee, agent, independent contractor, partner, shareholder or principal in any company which markets products, goods or services which directly or indirectly compete with the business of the Company.

10. All lists and other records relating to the Customers of the Company, whether prepared by you or given to you by the Company during the term of this Agreement, are the property of the Company and shall be returned immediately upon termination or resignation of your employment.

11. You further agree that for a period of Six (6) months following the termination or resignation of your employment, you shall not work for, own an interest in, or be connected with as an employee, stockholder or partner, any company which directly or indirectly competes with the business of the Company.

12. There shall be no change, amendment or modification of this Agreement unless it is reduced to writing and signed by both parties. This Agreement cancels and supersedes all prior agreements and understandings.

13. If any provision of this Agreement is held by a court of competent jurisdiction to be invalid or unenforceable, the remainder of the Agreement shall remain in full force and shall in no way be impaired.

Your signature in the lower left corner of this Agreement will indicate the acceptance of the terms and conditions herein stated.

Sincerely yours,

 


[specify Name and Title]

[NAME OF COMPANY]

("The Company")

 

 

I, [Name of Employee], the Employee stated herein, have read the above Agreement, understand and agree with its terms, and have received a copy.

 


[NAME OF EMPLOYEE]

Copyright 1995 Steven M. Sack


More Sponsored Services
Incorporate Online - Legalzoom:
Form a corporation or LLC quickly and easily. From LegalZoom, the #1 legal document service.
Incorporate Online - Incorp.com
LLCs, Corporations, Corporate Dissolutions, Aged Shelf Corporations. We will beat any competitor's price on Registered Agent or Incorporation services!
Incorporate Online - MyLLC.com
From the author of LLCs for Dummies® Form your LLC or Corporation with the experts! Formations, Registered Agent, Dissolutions, and more! www.myllc.com