Secondment Contract
Secondment Contract
This Secondment Contract ("Contract") is entered into on [EFFECTIVE DATE] (the "Effective Date"), between [EMPLOYEE'S NAME], located at [EMPLOYEE'S ADDRESS], ("Sending Organization"), and [YOUR NAME], located at [YOUR COMPANY ADDRESS], ("Receiving Organization").
1. Secondment Period
The secondment shall commence on March 04, 2050, and shall terminate on March 24, 2050 ("Secondment Period") unless terminated earlier following the terms of this Contract or extended by mutual agreement of the parties in writing.
2. Seconded Employee
Sending Organization shall second [Employee's Name], currently employed as [Employee's Position] with Sending Organization, to Receiving Organization during the Secondment Period. The duties and responsibilities of the seconded employee during the Secondment Period shall be as mutually agreed upon by the parties.
3. Compensation and Benefits
During the Secondment Period, the Receiving Organization shall be responsible for providing the seconded employee with compensation and benefits consistent with the Receiving Organization's policies and practices for employees in a similar position. The sending Organization shall continue to pay the seconded employee's base salary and benefits during the Secondment Period.
4. Expenses
The receiving Organization shall be responsible for reimbursing the seconded employee for reasonable and necessary expenses incurred in connection with the performance of duties under this Contract, subject to the Receiving Organization's expense reimbursement policies.
5. Confidentiality
The seconded employee shall continue to be bound by the confidentiality obligations owed to the Sending Organization during the Secondment Period and shall not disclose or use any confidential information of the Sending Organization except as required in the performance of duties for the Receiving Organization.
6. Termination
Either party may terminate this Contract upon written notice to the other party in the event of a material breach of this Contract by the other party. Additionally, this Contract may be terminated by mutual agreement of the parties or upon the completion of the Secondment Period.
7. Governing Law
This Contract shall be governed by and construed by the laws of [Jurisdiction], without regard to its conflict of laws principles.
8. Entire Agreement
This Contract constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether written or oral, relating to such subject matter.
IN WITNESS WHEREOF, the parties have executed this Contract as of the date first above written.
[EMPLOYEE'S NAME]
[DATE SIGNED]
[EMPLOYEE'S NAME]
[DATE SIGNED]
