ClauseGuard-AI / clauseguard /sample_contracts /sample_employment.txt
muhammadbinmurtza
Restructure: clauseguard as package subfolder, app_file: clauseguard/app.py
913a064
EMPLOYMENT AGREEMENT
1. POSITION AND DUTIES. The Company hereby employs Employee as a Senior Software Engineer. Employee shall perform all duties and responsibilities as may be assigned by the Company from time to time. Employee agrees to devote their full working time and attention to the business of the Company.
2. COMPENSATION. The Company shall pay Employee an annual salary of $120,000, payable in equal bi-weekly installments. Employee shall be eligible for an annual performance bonus at the discretion of the Company. All compensation is subject to applicable tax withholdings.
3. AT-WILL EMPLOYMENT. Employee's employment with the Company is at-will, meaning that either the Company or Employee may terminate the employment relationship at any time, with or without cause or advance notice. The Company reserves the right to modify Employee's duties, compensation, and benefits at its sole discretion at any time.
4. NON-COMPETITION. For a period of two (2) years following the termination of Employee's employment for any reason, Employee shall not, directly or indirectly, engage in, own, or be employed by any business that is competitive with the Company, within the United States of America. This restriction applies regardless of the geographic location of Employee's work or the Company's actual business operations.
5. INTELLECTUAL PROPERTY. Employee agrees that all inventions, works of authorship, trade secrets, and other intellectual property created by Employee, whether during working hours or on Employee's own time, and whether using Company equipment or Employee's personal equipment, shall be the sole and exclusive property of the Company. Employee hereby irrevocably assigns all such intellectual property to the Company. This assignment does not have any geographic or temporal limitations.
6. DISPUTE RESOLUTION. Any and all disputes arising out of Employee's employment or the termination thereof shall be resolved exclusively through binding arbitration. Employee expressly waives any right to bring a lawsuit in court and waives the right to a jury trial. Employee further waives the right to participate in or bring any class action or collective action against the Company, and agrees that all claims must be brought in Employee's individual capacity.
7. NON-DISPARAGEMENT. Employee agrees not to make any statements, whether written or oral, that disparage, criticize, or negatively reflect upon the Company, its products, services, officers, directors, or employees. This obligation survives the termination of employment indefinitely.
8. BENEFITS. Employee shall be eligible to participate in the Company's health insurance, retirement, and other benefit plans as they may exist from time to time. The Company reserves the right to modify, amend, or terminate any such benefit plans at any time and for any reason, without prior notice to Employee.
9. CONFIDENTIALITY. Employee shall maintain the confidentiality of all Company trade secrets, customer information, business strategies, and other proprietary information both during and after employment.
10. GOVERNING LAW AND SEVERABILITY. This Agreement shall be governed by the laws of the State of Delaware. If any provision is found unenforceable, the remaining provisions shall remain in effect.