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Renewal Of Employment Contract for Malta

Renewal Of Employment Contract Template for Malta

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Renewal Of Employment Contract

"I need a Renewal of Employment Contract for my IT developer, extending their current fixed-term contract for another 2 years from January 2025, with a 10% salary increase and updated performance targets."

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Renewal Of Employment Contract

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What is a Renewal Of Employment Contract?

The Renewal of Employment Contract is utilized when an existing employment agreement is approaching its end date or when parties wish to formalize continued employment with updated terms. This document is particularly relevant in Malta's dynamic business environment, where employment relationships often evolve over time. It must comply with Malta's Employment and Industrial Relations Act and related employment legislation, including EU directives incorporated into Maltese law. The renewal contract typically includes references to the original employment agreement, specifies any changes in terms and conditions, and confirms the continuation of unchanged terms. It's essential for maintaining clear employment relationships and ensuring legal compliance while adapting to changing business needs and employee development.

What sections should be included in a Renewal Of Employment Contract?

1. Parties: Identification of the employer and employee with full legal names and addresses

2. Background: Reference to the original employment contract, its date, and the mutual desire to renew the employment relationship

3. Definitions: Key terms used in the renewal agreement, including references to the original contract definitions where applicable

4. Term of Renewal: Specific duration of the renewal period or confirmation of indefinite term status

5. Continuation of Employment: Confirmation that employment continues under the terms of the original contract except as modified by this renewal

6. Updated Terms: Clear statement of any modified terms from the original contract (e.g., salary, position, working hours)

7. Confirmation of Other Terms: Statement confirming all other terms and conditions from the original contract remain in force

8. Governing Law: Confirmation that the agreement is governed by Maltese law

9. Signatures: Execution section for both parties to sign and date the renewal agreement

What sections are optional to include in a Renewal Of Employment Contract?

1. Probation Period: Only included if a new probation period applies to a changed role

2. Performance Review: Include if the renewal is conditional on or follows a performance review

3. Additional Benefits: Include if new benefits are being added as part of the renewal

4. Changed Responsibilities: Include if the employee's role or responsibilities are changing

5. Remote Work Arrangements: Include if incorporating or modifying remote working provisions

6. Training Requirements: Include if new training or qualifications are required in the renewal period

7. Non-Compete Update: Include if updating or adding non-compete provisions

8. Data Protection: Include if updating data protection provisions to ensure GDPR compliance

What schedules should be included in a Renewal Of Employment Contract?

1. Schedule 1 - Updated Compensation Details: Detailed breakdown of new salary, bonuses, and other financial terms

2. Schedule 2 - Updated Job Description: If role has changed, detailed description of new position and responsibilities

3. Schedule 3 - Benefits Package: Comprehensive list of current benefits including any new additions

4. Appendix A - Performance Metrics: If applicable, updated KPIs or performance expectations

5. Appendix B - Company Policies: Reference to any new or updated company policies that apply to the employment

6. Appendix C - Special Terms: Any special arrangements or conditions specific to this renewal

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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