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Official Employment Contract
"I need an Official Employment Contract for a senior executive position in our Hong Kong fintech company, starting March 2025, including share options, performance bonuses, and comprehensive non-compete provisions."
1. Parties: Identification of the employer and employee with full legal names and addresses
2. Background: Brief context of the employment relationship and purpose of the agreement
3. Definitions: Key terms used throughout the contract
4. Appointment and Term: Job title, employment status (permanent/fixed-term), and commencement date
5. Duties and Responsibilities: Main responsibilities, reporting lines, and work expectations
6. Place of Work: Primary workplace location and any mobility requirements
7. Hours of Work: Standard working hours, rest days, and overtime arrangements
8. Remuneration and Benefits: Salary, payment schedule, bonuses, and mandatory benefits
9. Leave Entitlements: Annual leave, sick leave, and other statutory leave provisions
10. MPF and Insurance: Mandatory Provident Fund arrangements and insurance coverage
11. Termination: Notice periods, grounds for termination, and post-termination obligations
12. Confidentiality: Protection of company confidential information
13. Data Privacy: Handling of personal data in compliance with PDPO
14. Governing Law: Specification of Hong Kong law as governing law
15. Entire Agreement: Standard boilerplate confirming this as the complete agreement
1. Probation Period: Include when the company wants to implement a probationary period
2. Non-Competition: For senior roles or employees with access to sensitive information
3. Non-Solicitation: For client-facing roles or senior positions
4. Intellectual Property: For roles involving creation of IP or technical work
5. Commission Structure: For sales roles or positions with variable compensation
6. Share Options: For senior executives or when share schemes are offered
7. Overseas Travel: For roles requiring international travel
8. Remote Working: For positions allowing work from home arrangements
9. Garden Leave: For senior positions where this might be required
10. Bonus Schemes: For roles with discretionary or performance-based bonuses
1. Schedule 1 - Job Description: Detailed outline of role responsibilities and requirements
2. Schedule 2 - Compensation Details: Breakdown of salary components and benefits
3. Schedule 3 - Company Policies: Key company policies incorporated by reference
4. Schedule 4 - Commission Structure: Detailed commission calculations and terms if applicable
5. Schedule 5 - Share Option Terms: Details of any share option scheme if applicable
6. Appendix A - Mandatory Benefits Summary: Summary of statutory benefits under Hong Kong law
7. Appendix B - Confidential Information: Definition and examples of confidential information
Authors
Financial Services
Technology
Manufacturing
Retail
Professional Services
Healthcare
Education
Construction
Hospitality
Logistics
Real Estate
Media and Entertainment
Telecommunications
Trading and Distribution
Non-Profit Organizations
Human Resources
Legal
Finance
Operations
Sales
Marketing
Information Technology
Research and Development
Customer Service
Administration
Business Development
Risk and Compliance
Project Management Office
Supply Chain
Executive Office
Chief Executive Officer
Managing Director
Department Manager
Senior Executive
Professional Staff
Administrative Assistant
Technical Specialist
Sales Representative
Operations Manager
Human Resources Manager
Financial Controller
Project Manager
Research Analyst
Customer Service Representative
Business Development Manager
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