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5 Year Employment Contract
"I need a 5 Year Employment Contract for a Chief Technology Officer position in our Dubai-based tech company, starting March 1, 2025, including provisions for annual stock options, international travel requirements, and remote work flexibility."
1. Parties: Identification of the employer and employee, including full legal names, addresses, and relevant identification numbers
2. Background: Brief context of the employment relationship and purpose of the agreement
3. Definitions: Key terms used throughout the contract defined for clarity
4. Position and Duties: Job title, role description, responsibilities, and reporting structure
5. Term and Duration: Specification of the 5-year term, start date, and any renewal provisions
6. Probation Period: Details of the probationary period (maximum 6 months as per UAE law)
7. Remuneration: Base salary, payment frequency, and method of payment through WPS
8. Working Hours and Location: Standard working hours, days, and primary work location
9. Leave Entitlements: Annual leave, sick leave, and other statutory leave entitlements
10. Benefits: Mandatory benefits including health insurance and end-of-service gratuity
11. Confidentiality: Obligations regarding company confidential information
12. Termination: Grounds and procedures for contract termination as per UAE law
13. Governing Law: Specification of UAE law as governing law and jurisdiction
14. Entire Agreement: Standard boilerplate confirming this as the complete agreement
1. Housing Allowance: Used when the employer provides housing or housing allowance
2. Transportation Allowance: Used when specific transportation benefits are provided
3. Commission Structure: For sales or similar roles with variable compensation
4. Non-Compete: Restrictions on post-employment competition (subject to UAE law limitations)
5. Relocation Terms: For international hires requiring relocation assistance
6. Education Allowance: When schooling benefits are provided for employee's children
7. Performance Bonus: Details of any performance-based bonus schemes
8. Remote Work Provisions: When hybrid or remote working arrangements are permitted
1. Schedule 1 - Job Description: Detailed description of role, responsibilities, and KPIs
2. Schedule 2 - Compensation Structure: Breakdown of salary components and benefits
3. Schedule 3 - Company Policies: Reference to key company policies applicable to the employee
4. Schedule 4 - Commission/Bonus Scheme: Detailed terms of any variable compensation
5. Appendix A - Code of Conduct: Company's code of conduct and ethical guidelines
6. Appendix B - Benefits Summary: Detailed description of all benefits and allowances
Authors
Technology
Financial Services
Healthcare
Real Estate
Construction
Education
Retail
Manufacturing
Professional Services
Hospitality
Energy
Transportation
Media and Entertainment
Telecommunications
Human Resources
Legal
Finance
Operations
Sales
Marketing
Information Technology
Research and Development
Administration
Business Development
Project Management
Customer Service
Compliance
Risk Management
Chief Executive Officer
Managing Director
General Manager
Department Head
Senior Manager
Manager
Supervisor
Technical Specialist
Professional Staff
Administrative Staff
Sales Executive
Operations Manager
Project Manager
Human Resources Director
Financial Controller
Legal Counsel
IT Director
Marketing Manager
Business Development Manager
Research Analyst
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