Employment Agreements in New Jersey
High-level employees are oftentimes asked to sign a formal document called an employment agreement. An employment agreement is a well-drafted legal agreement that addresses guidelines and important information pertaining to an individual's employment within the company. The agreement may address specific key aspects of employment.
Employment agreement may include:
- Job position or rank
- Employee's job responsibilities
- Employee's privacy responsibilities
- Employee's salary, bonus and/or incentives
- Vacation schedule
- Agreement not to compete
- Trade secret protection
- Confidentiality
The agreement may answer the following questions...
- Can the employer change the job position/rank?
- Does the employee receive stock or stock options in the company?
- What is the length of the agreement?
- When can an employee be terminated?
- What is the severance payment due if terminated?
As experts in contract law in New Jersey, The Levine Law Firm maintains a great deal of experience and knowledge in employee agreements in New Jersey. Contact The Levine Law Firm for excellent employee agreement consulting and contract law services.