Free Startup Employee Contract Template
Startup Employee Contract
This Employment Contract ("Contract") is made on [Month, Day, Year], by and between [Your Company Name], a [State] Corporation with its principal place of business located at [Your Company Address] ("Company"), and [Employee Name], residing at [Address] ("Employee").
1. POSITION AND DUTIES
The Company hereby employs the Employee in the position of [Position]. The Employee agrees to perform the duties and responsibilities associated with this position and any other duties reasonably assigned by the Company.
2. TERM OF EMPLOYMENT
The employment under this Contract shall commence on [Month, Day, Year] and continue [specify term if fixed, e.g., "for a period of one year," or "until terminated by either party"].
3. COMPENSATION
The Company shall pay the Employee a salary of $[Amount] per [year/month/week], payable in accordance with the Company's regular payroll schedule. The Employee may be eligible for bonuses and benefits as specified in the Company's employee benefits plan.
4. CONFIDENTIALITY
The Employee agrees to keep all proprietary information, trade secrets, and confidential material belonging to the Company in strict confidence and shall not disclose them to any third party during or after the term of employment.
5. NON-COMPETE AND NON-SOLICITATION
For a period of [Period] after the termination of employment, the Employee shall not directly or indirectly engage in any business that competes with the Company, nor solicit any client or employee of the Company to terminate their relationship with the Company.
6. TERMINATION
Either party may terminate this Contract at any time by providing [Notice Period, e.g., two weeks'] written notice to the other party. The Company may terminate the Contract immediately for cause, including but not limited to, breach of this Contract, misconduct, or failure to perform duties.
7. GOVERNING LAW
This Contract shall be governed by and construed in accordance with the laws of [State/Country].
8. ENTIRE AGREEMENT
This Contract contains the entire agreement between the parties and supersedes all previous agreements and understandings between the parties.
IN WITNESS WHEREOF, the parties have executed this Contract as of the date first above written.
COMPANY:
[Your Company Name]
By:
Name: [Your Name]
Title: [Your Job Title]
Date: [Month, Day, Year]
EMPLOYEE:
By:
Name: [Employee Name]
Date: [Month, Day, Year]