Renewal Of Employment Contract 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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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
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
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
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