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New Employment Contract
"I need a New Employment Contract for a senior software engineer in Singapore, including non-compete and IP clauses, with a planned start date of March 1, 2025 and stock options as part of the compensation package."
1. Parties: Details of employer and employee
2. Background: Context of employment relationship
3. Definitions: Key terms used throughout the contract
4. Position and Duties: Job title, responsibilities, and reporting structure
5. Compensation and Benefits: Salary, bonuses, and statutory benefits including CPF contributions
6. Working Hours and Leave: Standard working hours, overtime, annual leave, sick leave, and public holidays
7. Termination: Notice periods and grounds for termination
8. Confidentiality: Protection of company's confidential information
1. Probation Period: Terms of initial probationary period for new employees or role changes
2. Non-Competition: Restrictions on working for competitors, typically for senior positions or roles with access to sensitive information
3. Non-Solicitation: Restrictions on soliciting employees or customers, relevant for client-facing or management roles
4. Intellectual Property: Ownership of work products and inventions, particularly important for creative, technical, or R&D roles
5. Remote Working: Terms for working from home or remote locations, applicable for flexible working arrangements
1. Schedule 1 - Job Description: Detailed outline of role responsibilities and requirements
2. Schedule 2 - Benefits Schedule: Detailed breakdown of employee benefits and entitlements
3. Schedule 3 - Company Policies: Reference to relevant company policies and procedures
4. Schedule 4 - Performance Metrics: KPIs and performance evaluation criteria for performance-based roles
5. Schedule 5 - Equity/Stock Options: Terms of any share or option schemes if equity compensation is offered
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