Keyword/Phrase

Applicable law
Dispute Resolution
Duties
Exercisability and Exercise Price of Options
Freedom to transfer shares
Grant of options to employee
Holidays
Indemnification

Intellectual Property Ownership/Invention Assignment

Jurisdiction
Manner of exercise of options
Modification of Agreement
Non-Assignment of interests of employee
Non-Compete
Non-Disclosure/Confidentiality
Non-Solicitation
Non-transferability of options
Notice period
Notices
Position
Prevention of Sexual Harrasment
Reimbursement of expenses
Restrictions on exercise of options
Salary
Scope of work
Severability
Successors
Survivability
Term and probation period
Termination for breach / With cause Termination
Termination of Options
Without Cause Termination
 Explanation
The law applicable to construe contractual terms when a dispute arises.
This sets out the mechanism for the resolution of disputes between the employer and employee.
Obligations on employee while working at office.
The terms and conditions to be followed to exercise the options.
The employee is free to sell and transfer the shares only if company does not refuse.
Employees are grated the non-qualified options to purchase the shares.
The amount of hours or days employees of an organization is permitted to be away from their employment position within a y
An indemnity is a promise by employee to compensate employer for the loss suffered as a consequence of all expenses, includ
fines, and amounts paid in settlement (before or after suit is commenced), incurred by the employer
Employer get certain rights to inventions created or conceptualized by the employee during the employment relationship.
Authority having the the official power to make legal decisions and judgements related to any dispute arising out of the Agree
The manner in which options can be exercisable subject to reasonable regulations.
An agreement by which the parties' original contract is modified.
The interests of employee are not subject to the creditors and cannot be voluntarily or involuntarily assigned, alienated or enc
An agreement that prevents an employeewho leaves a company from working for another company involved in the same acti
Prohibition on the employee for disclosing company confidential information, trade secrets and proprietary information.
This prevents an employee from attempting to solicit or entice other employee, director, client, dealer, vendor or business ass
The option is not transferable by optionee otherwise than by will or the laws of descent and distribution, and is exercisable, du
An announcement by the employee or employer that the employment contract will end on a certain date.
Obligations in relation to giving of notice by either of the parties.
An employment for which one has been hired.
Obligation on employees to prevent sexual harassment at work place.
Method for paying employees back when they spend their own money while working for the employer.
The options cannot be exercised if there is anything is done by the employee which is contrary to the employment agreemen
 A fixed regular payment, typically paid on a monthly basis but often expressed as an annual sum, made by an employer to an
What all type of work does employ needs to do and the working hours.
If some parts of the contract are held to be illegal or otherwise unenforceable, the remainder of the contract should still apply
The agreement is binding upon the successor employers.
Certain clauses in the agreement which survive post termination.
A period till a person occupies a post and can be removed from employment on poor performance during the probation perio
If either party breaches in any material respect any of its material obligations, the agreement can be terminated by the other p
The time period after which the options become unexercisable.
Employee's actions or performance does not lead to termination but it takes place because of other reasons such as budget pr
 Keyword/Phrase
Invention Assignment
Non-Assignment of interests of employee
Non-Compete
Non-Disclosure/Confidentiality
Non-Solicitation
Successors
Termination for breach / With cause Termination
Without Cause Termination
Indemnification
 Explanation
Employer get certain rights to inventions created or conceptualized by the employee during the employment relationship.
The interests of employee are not subject to the creditors and cannot be voluntarily or involuntarily assigned, alienated or enc
An agreement that prevents an employeewho leaves a company from working for another company involved in the same acti
Prohibition on the employee for disclosing company confidential information, trade secrets and proprietary information.
This prevents an employee from attempting to solicit or entice other employee, director, client, dealer, vendor or business ass
The agreement is binding upon the successor employers.
If either party breaches in any material respect any of its material obligations, the agreement can be terminated by the other p
Employee's actions or performance does not lead to termination but it takes place because of other reasons such as budget pr
An indemnity is a promise by employee to compensate employer for the loss suffered as a consequence of all expenses, includ
environmental penalties and fines, and amounts paid in settlement (before or after suit is commenced), incurred by the emplo
 Keyword/Phrase
Confidentiality
Exercisability and Exercise Price of Options
Grant of options to employee
Manner of exercise of options
Non-transferability of options

Restrictions on exercise of options

Salary
Scope of work
Term and probation period
Termination
 Explanation
Prohibition on the employee for disclosing company confidential and proprietary information.
The terms and conditions to be followed to exercise the options.
Employees are grated the non-qualified options to purchase the shares.
The manner in which options can be exercisable subject to reasonable regulations.

The option is not transferable by optionee otherwise than by will or the laws of descent and distribution, and is exercisable, du
The options cannot be exercised if there is anything is done by the employee which is contrary to the employment agreemen
 A fixed regular payment, typically paid on a monthly basis but often expressed as an annual sum, made by an employer to an
What all type of work does employ needs to do and the working hours.
A period till a person occupies a post and can be removed from employment on poor performance during the probation perio
The reasons and conditions surrounding the termination.