Employee Agreement Essay examples

Submitted By Nicole-Broady
Words: 1845
Pages: 8
Open Document
Smith and Johnson Inc. This agreement is made as of the October 4, 2013, between Employer, Smith and Johnson Inc. and Employee, Ben Canestrari. Smith and Johnson Inc. is a corporation incorporated under the laws of the state of Rhode Island, and having its primary place of business at 1 Broadway St, Providence, Rhode Island.
Whereas the Employer desires to obtain the benefit of the services of the Employee, and the Employee desires to render such services on the terms and conditions set forth.
In consideration of the promises and other good and valuable consideration (the sufficiency and receipt of which are hereby acknowledged) the parties agree as follows:
Effective as of October 4, 2013, Smith and Johnson Inc. agrees to employ Ben Canestrari, and Mr. Canestrari accepts employment by Smith and Johnson Inc., for the period commencing on 10/25/13 and ending on the first anniversary of October 4, 2013 (the “Initial Term”), subject to earlier termination as hereinafter set forth in section 9.
Mr. Canestrari shall be employed in the position of Financial Analyst. In such capacity, Mr. Canestrari shall be subject to the authority of, and shall report to, Smith and Johnson’s Chief Executive Officer as well as his direct superior. Mr. Canestrari’s duties and responsibilities shall include those customarily attendant to his position and such other duties and responsibilities as may be assigned from time to time by the Chief Executive Officer.
Terms of Employment
1. Employment
Ben Canestrari agrees that he will at all times faithfully, industriously, and to the best of his skill, ability, experience and talents, perform all of the duties required of his position. In carrying out these duties and responsibilities, the Employee shall comply with all Employer policies, procedures, rules and regulations, both written and oral, as are announced by the Employer from time to time. It is also understood and agreed to by the Employee that his assignment, duties and responsibilities and reporting arrangements may be changed by the Employer in its sole discretion without causing termination of this agreement.
2. Duration of Contract
Mr. Canestrari’s employment with Smith and Johnson Inc., follows the guidelines of this contract, commenced on October 4, 2013 and shall continue, subject to Employer’s terms and conditions of employment, until Mr. Canestrari’s employment is terminated on or before October 4, 2015.
3. Position Title and Duties
As a financial analyst, Mr. Canestrari, is required to perform the following duties and undertake the following responsibilities in a competent and professional manner.
a. Preparing financial reports, graphs and charts to help analysis and interpret corporate financials.
b. Presenting financial information in a timely manner to managers.
c. Specialized projects that upper management may need done.
d. Track financial status of company by monitoring variances from plan.
e. Other duties as may arise from time to time and as may be assigned to the Employee by the Employer.
4. Compensation
a. During the period of employment, Smith and Johnson Inc., shall pay Mr. Canestrari an annualized base salary of $52,000. Such payments shall be subject to such normal statutory deductions by Smith and Johnson Inc. i The base salary of $52,000 annually will be divided evenly and paid to Mr. Canestrari on a bi-weekly basis through Smith and Johnson Inc., payroll.
b. Bonuses will be allocated and calculated on a monthly bases and will reflect upon the performance of Mr. Canestrari.
c. The salary mentioned in paragraph 4. (a) shall be reviewed on an annual basis. i At this time Mr. Canestrari’s current base salary may increase based on his performance review but may not decrease. ii Any increase in base salary shall not serve to limit or reduce any other obligation to Mr. Canestrari under this agreement.
d. All reasonable authorized expenses arising out of employment shall be
Show More

Related Documents: Employee Agreement Essay examples

Pollution: Temp Employee Agreement Essay

TEMP EMPLOYEE AGREEMENT To be considered for employment by PROFESSIONALS for NONPROFITS (PNP), I agree to the following: 1. I understand that I am an employee of PNP and that PNP is an equal employment opportunity employer and follows all laws regarding employee rights in the workplace. I understand that this is not an employment contract and either I or PNP can terminate my employment at any time for any lawful reason. 2. I understand that I must represent PNP in a professional…

Words 592 - Pages 3

Non-Competitive Agreements

Non-compete agreements are a great tool for employers. They prohibit a former employee from working in a related field of business for a specified time and within a particular geographic area. This of course prevents former employees from working for, and benefiting the business of, a competitor. Unfortunately for employers, non-competition agreements have been found to be unenforceable in the State of California and restricted in some other states. In August of 2008, in a unanimous decision, the…

Words 458 - Pages 2

Employment Essay

may have to work for a probation period to see if they are capable of doing the tasks that the job requires; this time period must be specified by the employer and they must notify the employee of this time period. For any work done within this probation period by the employee must be paid to them. If the employee is asked to do work experience without pay it must be registered through and educational training organisation for example school, TAFE or university. If someone is offered a job they…

Words 781 - Pages 4

World Wide Web and Internet Essay

consideration: If Mark Zuckerberg was to be fired from Facebook, he could potentially go off and form even better company that could become competitor of Facebook. This would not be good for Facebook, so the company could ask Zuckerberg to sign an agreement to not compete, known as a covenant not to compete. Covenants not to compete are important internet based industries because these companies hold trade secrets that can generate immense revenues and can cost a company a lot if they are shared. Companies…

Words 1330 - Pages 6

Telephone Information Questionnaire Sample

_____________ Work experience (not obligatory): ________________________________________ Employee ________________ Job Application Form United Kingdom This Agreement is a Contract between you (hereinafter referred to as the “Employee”) and Aldrich Accountancy Action (hereinafter referred to as the “Company”) "we", "our" or "us" as appropriate. This Agreement describes your and our rights and responsibilities in the context of providing services related Data Entry Clerk…

Words 872 - Pages 4

Essay on Marketing: Negotiation and Collective Bargaining

Part 1 Introduction to Employee Relations: Armstrong (2009) suggests that employee relations are concerned with managing and maintaining the relations between two parties, the employees and the management. Bratton and Gold (2007) argue that the relationship is rather in between organised labour and the management. The term organised labour refers to a group of employees which may be supported by trade unions (defined below) that aims to, according to Bratton and Gold (2007), maximise the rewards…

Words 3033 - Pages 13

Green Mountain High Case Study

Mountain High employee Thomas Marin falls within one of the four enforceability exceptions. Colorado common law requires that even if an employee falls within one of the non-compete exceptions, the non-compete is not enforceable if it does not pass the test of reasonableness. Under Colorado, common law is Green Mountain High’s non-compete reasonable regarding both duration and geographic scope. SHORT ANSWER Green Mountain High will most likely not be able to enforce the non-compete agreement that his…

Words 833 - Pages 4

Essay on Employment Law in NZ

“employment differs from other contracts in that there is frequently a substantial inequality of bargaining, especially in times of widespread unemployment”. This essay will discuss about the notion of equality of bargaining in an employment agreement. This will also discuss the provisions and related cases on unjustifiable dismissal in the Employment Relations Act 2000. Over the course of the last century, the employment law has favoured strongly between providing significant protections for…

Words 2498 - Pages 10

Non-Compete Agreements Essay

Non-Compete Agreements In the United States, non-compete agreements vary from state to state. Depending on state and local laws, the restrictions set by an employer, and other factors, determines if a non-compete agreement is legal and binding. Many states have laws in place that protect the employer when it comes to a former employee accepting a new job with a company that may be seen as competition. This is also true if a former employee leaves a company and starts a business nearby that…

Words 303 - Pages 2

Trans World Airlines Vs Hardson Essay

Trans World Airlines, Inc. v. Hardison The situation of an employee needing to have a day off for religious reasons during a normally scheduled workday would be a difficult situation for both employer and employee. 1. Do you feel the alternatives suggested by the court of appeals were viable for TWA? Why or why not? If not, what would you recommend? I agree with a few of the alternatives suggested by the court of appeals and feel they are viable for TWA. Specifically the reasons why I feel these…

Words 618 - Pages 3