AGREEMENT, made on (... date of agreement ...) by and between (... name of Employer ...) (... address of Employer ...) (hereinafter referred to as the "Company"), (... name of Employee ...) (... address of Employee ...) (hereinafter referred to as the "Employee").
WITNESSETH:
WHEREAS, the Company wishes to obtain the services of Employee and Employee desires to render such services;
WHEREAS, the Company deals with highly confidential information, which is of great value to the Company, and which must be protected from any non authorized disclosure; and
WHEREAS, in order to hire the Employee the Company requires that the Employee execute this Agreement;
NOW, THEREFORE, in consideration of mutual covenants herein contained, and for other good and valuable consideration, receipt of which is hereby acknowledged, the Company and the Employee hereby agree as follows:
1. Employment of Employee.
The Company hereby employs the Employee as (... description of employee's position ...) and Employee hereby accepts such employment with the Company, upon the terms and conditions herein contained.
2. Term.
Unless sooner terminated as provided in this Agreement, the term of employment of the Employee hereunder shall be for an initial period of (... duration of initial period ...) years, commencing on the date hereof and terminating on (... date of termination ...) (the "Initial Term"). Following completion of the Initial Term, the term of employment shall automatically continue on a year to year basis; provided however, that the Company may terminate this Agreement on not less than three (3) month's prior notice to the Employee that it desires to terminate this Agreement at the end of...
(Excerpt)
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