This Agreement is made on [Date] between [Company Name], herein referred to as “The Company”, with its principal place of business located at [Company Address], and [Employee Name], herein referred to as “The Employee”, residing at [Employee Address].
Whereas The Company operates a Virtual Corporate Office and The Employee is engaged in providing [Job Title/Description of Services] in a remote capacity,
It is agreed as follows:
1. Term of Agreement:
The term of this Agreement shall commence on [Start Date] and continue until terminated by either party with [notice period].
2. Duties and Responsibilities:
The Employee agrees to perform duties as described in the attached Job Description (Appendix A) and any other duties reasonably assigned by The Company. The Employee is expected to maintain productivity standards as set by The Company.
3. Work Hours and Availability:
The Employee shall adhere to the work schedule of [Specify Hours] per week. Flexible work hours are subject to approval based on the operational needs of The Company.
4. Compensation and Benefits:
The Employee shall receive a salary of [Amount] payable [monthly/weekly] following The Company’s payroll practices. Benefits include [List Benefits].
5. Equipment and Office Setup:
The Company shall provide [List of Equipment Provided by the Company]. The Employee is responsible for maintaining a suitable home office environment that complies with The Company’s guidelines for remote workspaces.
6. Confidentiality and Data Protection:
The Employee agrees to adhere to The Company’s confidentiality and data protection policies. Sensitive company information must not be disclosed to unauthorized parties.
7. Performance Review:
Performance will be evaluated on a [monthly/quarterly/annual] basis. Objectives and key results will be agreed upon by both The Company and The Employee.
8. Communication:
Regular communication will be conducted via [Email, Video Conferencing, Messaging Apps]. The Employee is required to attend all scheduled meetings and provide updates on work progress.
9. Termination:
Either party may terminate this Agreement with [Notice Period] notice. Grounds for immediate termination include but are not limited to, breach of confidentiality, failure to meet performance standards, and misconduct.
10. Amendments:
This Agreement may be amended or modified only in writing signed by both parties.
11. Governing Law:
The laws of [Jurisdiction] shall govern this Agreement.
IN WITNESS of which, the parties hereto have executed this Agreement as of the date first above written.
[Company Signature] ________________________ [Date]
[Employee Signature] ________________________ [Date]