Below are more details about the contract terms and agreement:
! Employer for each intercontinental trip shall pay "#$%%%!%% flat rate travel/entertainment allowance to employee. Travel shall be by business class/first class. However for the purpose of commencement, the cost of travel ticket shall be paid in addition to travel/entertainment allowance.
!& Employer shall also take care of employees' travel ticket including that of employees' family only on employees' early notification to employer and as shall be requested by employee.
!' dequate private office space in a conducive and comfortable work environment shall be provided for employee.
!# 5aid )ea/e 5eriod+Tra/el 3ou are entitled to months 6aid lea/e 7or each 3ear o7 the ' 3ears contract durations 8ou will recei/e " 9%%%$ %% Ta:e home 7or each lea/e 6eriod Em6lo3er 7or each intercontinental tri6 shall 6a3 " ;#% 7lat rate tra/el+entertainment allowances to em6lo3er! Tra/el shall be b3 7irst class!
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Em6lo3er shall also ta:e care o7 em6lo3ees tra/el tic:et including that o7 em6lo3ee<s 7amil3!
&! EM5)O8EE TO DE=OTE 1>)) T,ME TO COM5AN,ES: The Employee will devote full time, attention, and energies to the business of the !ompany, and, during this employment, will not engage in any other business activity, regardless of whether such activity is pursued for profit, gain, or other pecuniary advantage. Employee is not prohibited from making personal investments in any other businesses provided those investments do not require active involvement in the operation of said companies.
'! CON1,DENT,A),T8 O1 5RO5R,ETAR8 ,N1ORMAT,ON: Employee agrees, during or after the term of this employment, not to reveal confidential information, or trade secrets to any person, firm, corporation, or entity. "hould Employee reveal or threaten to reveal this information, the !ompany shall be entitled to an in#unction restraining the Employee from disclosing same, or from rendering any services to any entity to whom said information has been or is threatened to be disclosed, the right to secure an in#unction is not e$clusive, and the !ompany may pursue any other remedies it has against the Employee for a breach or threatened breach of this condition, including the recovery of damages from the Employee.
(! RE,MB>RSEMENT O1 E?5ENSES: The Employee will incur reasonable any e$penses you made to be in %atar. The !ompany shall reimburse Employee for all business e$penses after the Employee presents an itemi&ed account of e$penditures, pursuant to !ompany policy.
#! =ACAT,ON: The Employee shall be entitled to a yearly vacation of 'ne week at full pay.
@! D,SAB,),T8: (n the event that the Employee cannot perform the duties because of illness or incapacity for a period of more than one month, the compensation during said illness or incapacity will be paid to the employee. The Employee's full compensation will
be reinstated upon return to work. However, if the Employee is absent from work for any reason for a continuous period of over two months with any goods reason of been absent, 3
the !ompany may terminate the Employee's contract employment, and the !ompany's obligations under this agreement will cease on that date.
9! EM5)O8MENT C)ASS,1,CAT,ON: )ou shall be a contract Employee and shall be entitled to benefits as specifically outlined herein
A! BENE1,TS: )ou will also receive standard employee benefits package *including health insurance for you and your family+, and will be sub#ect to ,- vacation policy as such package and policy are in effect from time to time.
;! OT-ER BENE1,TS: %uality single or family housing in company community. .ersonal effects shipment and e$cess baggage allowances. ccess to some of the finest social and recreational facilities in "audi rabia. /ree medical care in "audi rabia for you and your family for contract duration. E$cellent educational assistance benefits with family status contracts. !omplete meals also for you and your family as deemed ppropriate. 0ife insurance .olicy. 1a$imum and efficient security both in work place and housing !ommunity.
;!& COM5>TER RESO>RCES: 0aptop !omputer, 2.3 4H& .rocessor, 563 1- 71, 859!,: 7;, <'4- Hard ,rive, /loppy ,rive, (ntegrated =etwork dapter, (nternal >3? 1odem, "pare -attery and =ecessary "oftware. /ull time (nternet access is also made available.
;!' 5-ONES: The employer will provide each employee with one *2+ landline and one *2+ mobile telephone. This shall have a reasonable credit limit application per month.
;!( )OCA) TRANS5ORTAT,ON: "tandby new company car will parked in your apartment for movement.
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;!# O11,CE S5ACE: dequate private office space in a conducive and comfortable work environment shall be provided for each employee.
%! TERM,NAT,ON O1 AGREEMENT: Employee may terminate employment upon <' days' written notice to the !ompany. Employee may be required to perform his or her duties and will be paid the regular salary to date of termination but shall all his/her severance allowance.
! DEAT- BENE1,T: "hould Employee die during the term of employment, the !ompany shall pay to Employee's estate any compensation due through the end of the month in which death occurred.
&! SETT)EMENT B8 ARB,TRAT,ON: ny claim or controversy that arises out of or relates to this agreement, or the breach of it, shall be settled by arbitration in accordance with the rules of the "audi rabia rbitration ssociation. @udgment upon the award rendered may be entered in any court with #urisdiction.
'! ),M,TED E11ECT O1 *A,=ER B8 COM5AN8: "hould !ompany waive breach of any provision of this agreement by the Employee, that waiver will not operate or be construed as a waiver of further breach by the Employee.
(! SE=ERAB,),T8: (f, for any reason, any provision of this agreement is held invalid, all other provisions of this agreement shall remain in effect. (f this agreement is held invalid or cannot be enforced, then to the full e$tent permitted by law any prior agreement between the !ompany *or any predecessor thereof+ and the Employee shall be deemed reinstated as if this agreement had not been e$ecuted. #! ASS>M5T,ON O1 AGREEMENT B8 COM5AN8BS S>CCESSORS AND ASS,GNEES: The !ompany's rights and obligations under this agreement will inure to the benefit and be binding upon the !ompany's successors and assignees.
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@! CON1,RMED EM5)O8EE: !onfirmed employees are those employeeAs that have gotten there @ob 7egistration certificate as directed. 9! ORA) MOD,1,CAT,ONS NOT B,ND,NG. This instrument is the entire agreement of the !ompany and the Employee. Bral changes have no effect. (t may be altered only by a written agreement signed by the party against whom enforcement of any waiver, change, modification, e$tension, or discharge is sought.
Signed
CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC Paul Edison Jnr. General Manager Silver & Noble Energy Incorporated Houston Texas !nited States o" #$erica.