Employment Agreement
Parties
This Employment Agreement is entered into between [company name], having its office at [company address], and [employee name], effective [effective date].
Role and duties
The employee will serve as [designation] at [work location] and will faithfully perform assigned duties, comply with lawful directions, and observe company policies.
Compensation and term
The employee will receive an annual CTC of [annual c t c]. The initial probation period is [probation period]. Either party may terminate employment in accordance with the [notice period] notice requirement and applicable law.
Confidentiality and intellectual property
Confidential information must be protected during and after employment. Work product created within the scope of employment will belong to the company to the extent permitted by applicable law.
For [company name]: [signatory name], [signatory title] Employee: [employee name]