EMPLOYMENT AGREEMENT |
문서서식포탈비즈폼
This Agreement made and entered into this 1st day of May., 20○○ by and between Mr. ○○○representing ○○Company, Ltd., a corporation duly organized and existing under the laws of ○○ having its principal office at 20, (○○○called the”Employer”) and Mr. △△△whose (passport number or social security number or resident registration number) is (○○)and residing in ○○[일반사원주소] (hereinafter called the “Employee”).
WITNESSETH |
문서서식포탈비즈폼
WHEREAS, Employer has been, and now is, engaged in the business of trading the various products in worldwide market, and WHEREAS, Employer desires to hire Employee and Employee is willing to work exclusively for Employer.
NOW, THEREFORE, in consideration of the premises and mutual covenants as set forth herein, the parties hereto agree as follows.
1. (Employment)
a) Employer hereby employs Employee and Employee hereby accepts employment upon the terms and conditions hereinafter set forth.
b) Employee represents that Employee is free to enter into this Agreement and to comply with all conditions contained in this Agreement.
2. (Services & Duties of Employee)
a) Employee shall perform all duties incident to his employment and devote his best efforts necessary to the business of Employer.
b) Employee shall work exclusively for Employer and shall not engage in any business activities in competition with Employer's business. This clause shall survive and continue in full force and effect for successive _five__ ( 5 ) years after the termination or expiration of this Agreement for any reason whatsoever.
c) Employee shall not disclose any business, financial, technical or other information of Employer of confidential nature to any other person, party or entity. This clause shall survive and continue in full force and effect for successive five (5) years after the termination or expiration of this Agreement for any reason whatsoever.
d) Employee shall observe all regulations, rules, directions and instructions of Employer during the life of this Agreement.
3. (Working time)
Working time shall be on week days in 2 shifts from 8:00a.m to 1:00p.m and from 3:00p.m to 6:00p.m except half day on Thursday but the limit of working hours can be changed /extended by mutual agreement.
4. (Holidays and Vacation)
a) Employee shall have all local official holidays according to local labour law.
b) Employee shall be entitled each year to vacation of 14 days, the period of which may be divided at Employer's discretion.
5. (Probation Period)
a) Employer will exercise three (3) months probation period from the first working day.
b) During or at the end of this probation period, Employer reserves the right to evaluate the Employee and to terminate this Agreement with prior notice and Employee also has same right to leave with prior notice.
6. (Compensation)
a) Employer shall pay ○○( ○○only) per month as monthly wage to Employee at the end of each month for any and all services rendered by Employee. During the probationary period, unless otherwise specially agreed between the parties, Employer will pay ___ per month as monthly wage to Employee.
b) Employer may pay bonus (100% of one month salary and applicable from Employee's 2nd working year) to the Employee at the end of each calendar year, but payment of the bonus will be decided entirely at the discretion of the Employer and according to Employee's service performance.
c) Retirement gratuity system will be managed according to the Social Security Law of ○○○.
d) Any government taxes and related expenses which are required by law shall be borne by Employee and be deducted from the Employee’s monthly salary.
e) Employee has no right to claim any other compensation whatsoever than those expressly described in this Agreement.
7. (Relationship between the parties)
The relationship between the parties is that of employer and employee. Employee is not authorized to make contracts, issue guarantees, make commitment or do any other act which will bind, obligate or render Employer liable to any person, firm or corporation in any manner without the prior written approval of Employer in each instance.
8. (Term)
a) This Agreement shall become effective on May 01, 2004 and shall thereafter continue in full force and effect for a period of one (1) year.
b) This Agreement will be automatically extended for successive one year unless otherwise either party gives written notice to terminate at least one (1) month prior to the expiration of the term of the Agreement.
9. (Termination)
a) This Agreement may be terminated by either party by giving one (1) month prior written notice, should the other party at any time breach any term and / or condition of this Agreement.
b) During the term of this Agreement, the Employer reserves the rights to terminate this Agreement by giving one (1) month prior written notice at any time when Employer determines that Employee has become unable to perform effectively his duties hereunder because of any physical or mental condition.
c) Such termination shall not affect any rights and obligations which have accrued to either party up to the date of such termination.
10. (Damage)
Employee shall indemnify and save harmless the Employer from any damages which the Employer may sustain, in any manner through the misconduct or negligence of Employee. Employee shall be responsible for all compensation for any property damage or monetary loss caused by Employee and, if necessary, Employer can subtract the sum for compensation from Employee's compensation.
11. (Assignment)
This Agreement is personal in its character, and any attempt by either party to assign or transfer the same without the prior written consent of the other party shall be null and void and shall constitute a breach hereof.
12. (Entire Agreement)
This Agreement sets forth the entire understanding between the parties relating to the subjects contained herein and merges all prior discussions between them. No oral explanation or oral information by either party hereto shall alter the meaning or interpretation of this Agreement. No modification, alteration, addition or change in the terms hereof shall be binding on either party hereto unless reduced to writing and duly executed by an authorized officer of each party.
IN WITNESS WHEREOF, the Parties hereto have duly executed this Agreement in two counterparts, each of which may be considered as original, as of the date first here above written.
20○○. ○○. ○○.
○○Company Ltd. |
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Mr./Ms. ○ ○ ○ |
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Mr. ○ ○ ○ , Title |
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Mr./ Ms. ○ ○ ○ , Title |
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