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EMPLOYMENT AGREEMENT

BETWEEN

[NAME OF THE COMPANY

AND

[NAME OF THE EMPLOYEE]

DATED [DATE]
CONTENTS
____________________________________________________________
CLAUSE
1. INTERPRETATION................................................................................................................1
2. APPOINTMENT......................................................................................................................4
3. COMMENCEMENT OF EMPLOYMENT.............................................................................4
4. DUTIES....................................................................................................................................4
5. HOURS OF WORK.................................................................................................................5
6. PLACE OF WORK..................................................................................................................5
7. REMUNERATION..................................................................................................................6
8. BONUS....................................................................................................................................6
9. EXPENSES AND ALLOWANCES........................................................................................6
10. ABSENCE AND SICK PAY...............................................................................................7
11. HOLIDAYS..........................................................................................................................7
12. OBLIGATIONS OF THE EMPLOYEE .............................................................................7
13. EMPLOYEE’S REPRESENTATIONS...............................................................................8
14. CONFIDENTIALITY..........................................................................................................8
15. INTELLECTUAL PROPERTY...........................................................................................9
16. DATA PROTECTION.......................................................................................................10
17. TERMINATION.................................................................................................................11
18. POST-TERMINATION RESTRICTIONS........................................................................12
19. EMPLOYEE’S RESPONSIBILITIES UPON TERMINATION.......................................14
20. NON-CIRCUMVENTION AND NON-COMPETE.........................................................14
21. ASSIGNMENT AND OTHER DEALINGS......................................................................15
22. NOTICES...........................................................................................................................15
23. GENERAL RULES............................................................................................................15
24. SEVERABILITY CLAUSE...............................................................................................15
25. NO WAIVER......................................................................................................................15
26. SURVIVAL........................................................................................................................16
27. GOBERNING LAW...........................................................................................................16
28. JURISDICTION.................................................................................................................16
29. COUNTERPARTS.............................................................................................................16
THIS EMPLOYMENT AGREEMENT (Agreement) is entered into on [DATE] (Effective
Date) by and between:

Parties

(1) [NAME OF THE COMPANY], is a [JURISDICTION] company incorporated and


registered in the Commercial Registry of the [JURISDICTION], with registration number
[REGISTRATION NUMBER] whose registered office is at [ADDRESS], represented by
its [POSITION OF THE REPRESENTATIVE] [NAME OF THE REPRESENTATIVE]
(Company); and

(2) Mr. [NAME OF THE EMPLOYEE], a [NATIONALITY] national, holder of passport


number [PASSPORT NUMBER] having their address at [ADDRESS] (Employee).

BACKGROUND

(A) The Company operates as a [BUSINESS OF THE COMPANY] (Business).


(B) The Employee has experience in [AREA OF EXPERTISE].
(C) The Company wishes to recruit the Employee for the position of ‘[POSITION]’, and the
Employee has accepted such employment under the below terms and conditions.
(D) The Company and the Employee entered into this Agreement to record and implement
the terms upon which they have agreed with respect to the Employment.

AGREED TERMS

1. INTERPRETATION

The following definitions and rules of interpretation apply in this Agreement.

1.1 DEFINITIONS
Agreement: this Agreement together with any variations or amendments to this Agreement as
may from time to time be agreed in writing by the Parties.
Associated Company: any firm, company, corporation or other organization which is directly or
indirectly controlled by the Company or which is in common control with the Company.
Applicable Products: all and any products and/or services identical to or substantially similar to
any dealt in, produced, marketed or sold by the Company and/or any Associated
Company and with which the Employee was personally concerned to a material extent on
behalf of the Company or any Associated Company during the Relevant Period.

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Benefits: the benefits provided by the Company to the Employee as set out in Schedule 1.
Breaks: the rest and prayer breaks entitled for an Employee on each Business Day.
Business: the business of the Company as described above in (A).
Business Day: a day on which commercial banks are open to transact business with the general
public in the [TERRITORY].
Company: means [NAME OF THE COMPANY].
Confidential Information: (i) information in whatever form (including, without limitation, in
written, oral, visual or electronic form or on any magnetic or optical disk or memory and
wherever located) relating to the Business, products, affairs and finances of the Company
or any Group Company for the time being confidential to the Company or any Group
Company and trade secrets including, without limitation, technical data and know-how
relating to the business of the Company or any Group Company or any of its or their
suppliers, clients, customers, agents, distributors, shareholders or management, including,
but not limited to, information that the Employee created, developed, received or
obtained in connection with his employment, whether or not such information is marked
confidential.
Copies: copies or records of any Confidential Information in whatever form (including, without
limitation, in written, oral, visual or electronic form or on any magnetic or optical disk or
memory and wherever located) including, without limitation, extracts, analysis, studies,
plans, compilations or any other way of representing or recording and recalling
information which contains, reflects or is derived or generated from Confidential
Information.
Effective Date: the day of commencement of this Agreement.
Employment: the employment of the Employee under and pursuant to the terms and subject to
the conditions of this Agreement or as updated, revised and amended by the Company.
Gratuity: statutory severance pay or terminal benefits, including end of service gratuity or
indemnity calculated and payable in accordance with [REGULATIONS].
Intellectual Property Rights: all intellectual property rights created by the Employee during the
his employment with the Company including, without limitation, patent, industrial
design, copyright, moral rights, lay-out designs for integrated circuits, database rights,
trade mark, (and any rights to apply for registration of any of these), inventions (whether
patentable or not), rights in know-how, rights of confidence, trade secret; trade and
business names, domain names, including all renewals and extensions and the full right to
all intellectual property and legal protection relating to the same including the right to sue
for past infringements, including all intellectual property rights in the Records;
Labor Law: The Employment Law [JURISDICTION] as further amended from time to time.
Material Interest: (i) the holding of any position as director, senior executive, partner,
consultant, principal or agent; (ii) the direct or indirect control or ownership (whether

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jointly or alone) of any shares (or any voting rights attached to them) or debentures, save
for the ownership for investment purposes only of not more than 3% of the issued
ordinary shares of any company whose shares are listed on any securities market; or (iii)
the direct or indirect provision of any financial assistance.
Parties: the parties to this Agreement and the expression Party shall mean either one of the
Parties.
Records: all records, reports, software, websites, marketing and promotional materials, models,
sketches, photographs, books of account, lists of suppliers or customers, documents of
title, materials containing or recording any part of the know-how and any other materials
used by the Employee.
Relevant Client: any person, firm or company with which the Employee or anyone working
under the Employee's supervision or control deals or dealt personally during the Relevant
Period or about whom the Employee was aware or informed during the Employment and
which shall at the Termination Date be negotiating with the Company for the supply of
Applicable Products, or to which the Company has provided Applicable Products during
the Relevant Period.
Relevant Period: the period of 12 months immediately preceding the Termination Date.
Relevant Prospective Client: any person who or which at any time during the Relevant Period
was negotiating with the Company or any Associated Company with a view to dealing
with the Company or an Associated Company for the sale or supply of the Applicable
Products or Services and with whom or which the Employee had material dealings during
the Relevant Period in the Employment.
Remuneration: a monthly payment entitled to be paid to the Employee for his Employment.
Restricted Area: any territory or country in which the Company or any Associated Company
carries out business.
Restricted Businesses: all and any trades or other commercial activities of the Company: (i)
with which the Employee shall have been concerned or involved to any material extent at
any time during the Relevant Period; (ii) in relation to which the Employee shall at the
Termination Date possess any Confidential Information; and (iii) which the Company
shall at the Termination Date carry on or have determined to carry on in the immediate or
foreseeable future.
Restricted Period: the period of six months immediately following the Termination Date.
Termination Date: the date on which the Employee’s employment with the Company
terminates.
Territory: [TERRITORY].
Year: a period of one year commencing on each of the start date of this Agreement as specified
in Schedule 1 and each anniversary thereof occurring during the term of this Agreement.

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1.2 The headings in this Agreement are inserted for convenience only and shall not affect its
construction.

1.3 A reference to a particular law is a reference to it as it is in force for the time being taking
account of any amendment, extension, or re-enactment and includes any subordinate
legislation for the time being in force made under it.

1.4 Unless the context otherwise requires, a reference to one gender shall include a reference
to the other genders.

1.5 Unless the context otherwise requires, words in the singular shall include the plural and
in the plural, shall include the singular.

2. APPOINTMENT

The Company hereby employs the Employee and the Employee agrees to be employed
with the Company in the role set out in Schedule 1 upon and subject to the terms and
conditions of this Agreement.

3. COMMENCEMENT OF EMPLOYMENT

The start date and duration of the Employment are set out in Schedule 1. The
Employment shall continue unless and until terminated by either Party giving to the other
prior written notice as set out in Schedule 1, such notice taking effect on or at any time
after the end of the relevant notice period.

4. DUTIES

4.1 The Employee shall:


(a) unless prevented by sickness absence, and except when absent during holidays,
substantially devote the whole of his time, attention and skill to the carrying out
of his duties and shall not engage in any activities which would detract or divert
from, or conflict with, the proper performance of such duties or the business of
the Company.
(b) comply with any relevant legislation or guidelines applicable to the Employee’s
Employment including Labor Law.

5. HOURS OF WORK

5.1 The Employee’s working hours are set out in Schedule 1.

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5.2 Notwithstanding the provisions of Clause 5.1, the Employee shall complete such number
of working hours in each week as reasonably necessary to ensure the proper discharge
and fulfilment of the Employee's duties.

5.3 The Employee acknowledges that he might be asked to work for additional working
hours for the purpose of the business of the Company.

5.4 Employer acknowledges that, the maximum extent of working hours is the total of
[NUMBER OF WORKING HOURS] per week. It is agreed and understood by the
Parties, that any possible overtime due to the Employee has already been considered in
the determination of the Employee's monthly basic salary and other allowances and
Benefits as set forth in this Agreement.

6. PLACE OF WORK

The Employee’s normal place of work is set out in Schedule 1.

7. REMUNERATION

7.1 The Company shall pay to the Employee for the Employment the compensation as set out
in Schedule 1 subject to annual review by the Company.

7.2 The Employer should pay to the Employee all Remuneration earned by the Employee in a
period of seven Business Days after the end of month.

8. BONUS

8.1 Any bonus payment that is made to the Employee shall be purely discretionary and does
not form part of the Employee’s contractual remuneration under this Agreement.

8.2 The making of any bonus payment to the Employee shall not confer or imply upon the
Employee a right to a bonus payment in respect of any future period.

8.3 The Company shall, for a period of six months following the applicable payment be
entitled to reconcile any overpayment, payment in error or payment to which the
Employee may be entitled against any other sums payable to the Employee.

8.4 The Employee agrees that any sum payable to him pursuant to this Clause 8 shall, to the
fullest extent permitted by applicable Law, not be taken into account in calculating the
Employee’s entitlement to Gratuity.

8.5 For the avoidance of doubt, any entitlement to Gratuity under the Labor Law shall be
calculated on the basis of basic pay only.

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9. EXPENSES AND ALLOWANCES

9.1 Subject to the Employee obtaining the Company’s prior written approval to incur a
business expense, the Company shall reimburse to the Employee (against official receipts
or other appropriate evidence) all reasonable travelling, accommodation, entertainment
and other out-of-pocket expenses properly incurred and defrayed by him during the
course of his employment with the Company.

9.2 The Company shall pay the Employee the allowances mentioned in sub-clause 9.1 and
provide the Benefits. Any Benefits that are provided by third parties shall be subject to
the terms of the applicable schemes from time to time (including any qualifying
conditions) and the Company has a complete discretion to change scheme providers.

9.3 The Company may at any time without notice to the Employee set-off any liability of the
Employee to the Company (including any overpayment by the Company) against any
liability of the Company to the Employee, whether either liability is present or future,
liquidated or unliquidated, and whether or not either liability arises under this Agreement,
and including the allocation of Shares. Any exercise by the Company of its rights under
this clause shall not limit or affect any other rights or remedies available to the Company
under this Agreement or otherwise.

10. ABSENCE AND SICK PAY

10.1 The Employee is entitled to paid sick leave in accordance with the Labor Law or such
additional entitlements as the Company’s internal policies may provide.

10.2 If the sick leave extents more than one day, the Employee shall present to the Employer a
medical report signed from a doctor, on his second day of sick leave.

11. HOLIDAYS

11.1 The Employee’s holiday entitlement as set out in Schedule 1 runs for a calendar year,
from 1 January to 31 December of each Year.

11.2 The Employee shall be entitled to public holidays applicable to the private sector in the
Territory with normal remuneration and the number of working days' holiday set out in
Schedule 1 in each calendar year to be taken at such times as are agreed with the
Company.

11.3 If on termination of the Employee’s employment with the Company, he has taken in
excess of the Employee’s accrued holiday entitlement, the Company shall be entitled to
recover from the Employee, by way of deduction from any payments due to the
Employee or otherwise, one day’s pay for each excess day.

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12. OBLIGATIONS OF THE EMPLOYEE

12.1 Normal working hours are those mentioned in Schedule 1.

12.2 Notwithstanding the above, the Employee acknowledges that circumstances may
necessitate the Employee to work irregular hours, including nights, weekends and
holidays.

12.3 The Employee shall abide by the laws and regulations of the [JURISDICTION], as well
as the Company’s policies and internal regulations as amended by the Company from
time to time.

12.4 The Employee shall observe and conform to the standards, rules and customs that are
appropriate to the role undertaken with the Company and shall at all times, both within
and outside of working hours, conduct himself in a proper and fitting manner as
appropriate to his role both towards the Company and its clients.

13. EMPLOYEE’S REPRESENTATIONS

13.1 The Employee hereby represents and warrants to the Company that he is not party to any
employment contract or other agreement which precludes the Employee from being
employed by the Company in any capacity and performing his duties as contemplated by
this Agreement or which would subject the Employee or the Company to any claim or
liability for breach of a restrictive covenant or non-compete provisions.

13.2 The Employee hereby undertakes to comply with all applicable laws and regulations
including those in force in the [JURISDICTION] as well as with the Company’s policies
and procedures, as such policies and procedures may be issued, amended or revised from
time to time by the Company at its sole discretion.

13.3 The Employee holds the Company harmless and undertakes to indemnify the Company
for any loss, damage or costs resulting from his breach of this Clause 13.

14. CONFIDENTIALITY

14.1 The Employee recognizes and acknowledges that the Confidential Information is a
valuable, special and unique asset of the Company or any Associated Company. As a
result, both during his employment with the Company and thereafter, the Employee shall
not, without the prior written consent of the Company, for any reason whatsoever, either
directly or indirectly, divulge to any third-party or use for his own benefit, or for any
purpose other than the exclusive benefit of the Company and its affiliates, any
confidential, proprietary, business and technical information, trade secrets or any other
Confidential Information of the Company or of any Associated Company revealed,
obtained or developed in the course of his employment with the Company. Save as

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aforesaid nothing in this sub-clause shall prohibit the Employee from using his own
personal skills and expertise after leaving the Company.

14.2 In the event that the Employee is requested or required (by oral questions, interrogatories,
requests for Confidential Information or documents in a court or administrative
proceeding, subpoena, civil investigative demand or other similar process) to disclose any
Confidential Information, the Employee shall provide the Company prompt notice of any
such request or requirement so that the Company may, at the Company's expense, seek a
protective order or other appropriate remedy and/or waive compliance with the
provisions of this Agreement.

14.3 The Employee must not remove any documents or tangible items which belong to the
Company or any Associated Company or which contain any Confidential Information
from the Company’s premises at any time without a proper advance authorization.

14.4 If the Employee breaches any of his obligations stated in this clause 14, he shall
immediately, without any notice of default being required, forfeit to the Company a
penalty/liquidated damages for each breach thereof, amounting to a legal monetary
compensation equal to the maximum service it should realize from such a transaction,
plus any and all expenses, including any and all legal fees incurred in lieu of the recovery
of such compensation, past, present and future without prejudice to the Company’s rights
to claim (a) full compliance with the relevant contractual obligations and/or (b) actual
damages instead of the penalty/liquidated damages.

15. INTELLECTUAL PROPERTY

15.1 The Employee acknowledges that the work he undertakes is ‘works for hire’.
Accordingly, all or any Intellectual Property Rights created by the Employee in the
course of the his employment with the Company shall be and automatically become the
exclusive property of the Company and the Employee shall, at the request and expense of
the Company, execute all such documents and do or refrain from doing such things as
may be required by the Company in order to vest the right, title and interest in and to the
Intellectual Property Rights in the Company.

15.2 The Employee hereby irrevocably appoints any representative for the time being of the
Company to be the Employee’s authorized attorney to do all such things and to execute
all such documents in the Employee’s name and on the Employee’s behalf as may be
reasonably necessary to secure that the full benefit of the Intellectual Property Rights, as
further defined by sub-clause 15.1, is obtained by the Company.

15.3 The Employee hereby unconditionally and irrevocably waives in favor of the Company,
any Associated Company and its executives any author’s rights under the
[JURISDICTION] laws and regulations (or any other applicable laws) or any moral right

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or other similar rights available in any part of the world in relation to all or any
Intellectual Property Rights created by the Employee during his employment with the
Company.

15.4 To the extent that any right(s) identified in sub-clause 15.3 cannot be waived, the
Employee agrees not to assert any such right against the Company, or any Associated
Company, its executives, or to institute, support, maintain or to let any action or claim
against the Company, any Associated Company or its executives be brought based on or
in connection with the infringement or the alleged infringement of any such right.

15.5 To the extent any Intellectual Property Rights do not automatically assign to the
Company, the Employee agrees that such rights are held on trust for the Company and the
Employee grants the Company an unrestricted, exclusive, irrevocable, transferable and
royalty free license to use the Intellectual Property Rights at the Company's discretion.

15.6 The Employee acknowledges that the salary paid pursuant to the Agreement is fair and
sufficient consideration for the rights granted and/or assigned to the Company, now and
in the future, pursuant to this Clause 15, in respect of all circumstances in which the
Intellectual Property Rights may be used and all manner of exploitation whether or not
such circumstances or exploitation are predictable or in the contemplation of the Parties
at the time of signing this Agreement or at time of assignment of any Intellectual
Property Rights.

15.7 The Employee warrants, covenants and undertakes that:


(a) the Employee is either the sole and exclusive owner of the Intellectual Property
or has all necessary rights, licenses, consents and releases in such Intellectual
Property that are necessary to grant to the Company the rights contemplated
under this Agreement.
(b) the Intellectual Property Rights do not infringe any applicable laws, regulations,
codes or third party intellectual property or other rights (such as, but not limited
to, material which is illegal, obscene, indecent, offensive, discriminatory,
defamatory, promotes violence or illegal activities or is in breach of any third
party Intellectual Property Rights).
(c) all Intellectual Property Rights created by the Employee in relation to the
Employment are ‘works for hire’.
(d) the Employee shall provide to the Company all reasonable assistance with any
proceedings, which may be brought by or against the Company against or by any
third party relating to the Intellectual Property Rights of the Company.
(e) the Employee shall procure or procure to be done all such further acts and things,
and execute or procure the execution of all such other documents, as the

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Company may from time to time require in order to enable the Company to
protect, perfect, enforce or enjoy the Intellectual Property Rights.

15.8 For the avoidance of doubt, the provisions of this Clause 15 shall remain in full force and
effect notwithstanding that after any relevant intellectual property has been made or
originated by the Employee, the Employment may have terminated for any reason.

16. TERMINATION

16.1 Notwithstanding the provisions of Clause 3, the Company may terminate the
Employment by written notice with immediate effect if the Employee:

(a) is no longer authorized to work and reside in the United Arab Emirates;
(b) fails to perform his duties under the Employment with the degree of care skill or
diligence reasonably to be expected of the Employee having regard to his
position;
(c) is guilty of material dishonesty or other gross misconduct or willful neglect of
duty or commits any other serious breach of this Agreement;
(d) willfully or negligently fails to comply with any lawful instructions of the
Company or any lawful instructions of any person or persons duly authorized by
the Company to give such instructions; or
(e) is convicted of an indictable criminal offence other than for motoring in respect
of which imprisonment is not imposed.

16.2 On the termination of the Employment howsoever arising the Employee shall:

(a) deliver to the Company all other property in his/her possession, custody or under
his control belonging to the Company including, without limitation, laptops with
their charging cable, mobile devices with their charging cable, business cards,
credit and charge cards, security and computer passes, original and copy
documents or other media on which information is held in his possession relating
to the business or affairs of the Company.
(b) return to the Company all Confidential Information and Copies.
(c) immediately pay to the Company or, as the case may be, any Associated
Company, all outstanding loans including, for the avoidance of doubt, any loan
paid to the Employee to enable the Employee to secure personal
accommodation, or other amounts due or owed by the Employee to the Company
or any Associated Company. The Employee confirms that, should the Employee
fail to do so, the Company shall be entitled to recover and deduct from any
amounts due or owed to the Employee by the Company or any Associated
Company a sum equal to such amounts, including any amounts resulting from
the application of sub-clause 14.4 and Clause 19of this Agreement.

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(d) not at any time represent himself as an employee of, or otherwise still connected
with the Company.

17. POST-TERMINATION RESTRICTIONS

17.1 The Employee acknowledges that during the course of his employment with the
Company, the Employee shall acquire Confidential Information and personal knowledge
of and influence over customers, clients, suppliers and executives of the Company as
further defined by this Agreement.

17.2 Accordingly, in order to protect the legitimate business interests of the Company, the
Employee hereby undertakes to and agrees that, without prejudice to other restrictions
imposed upon the Employee by law, whether on the Employee's own account or as
principal, agent, representative, partner, director, senior executive, joint venturer,
consultant or otherwise, the Employee shall not:
(a) during the Restricted Period hold any Material Interest in any business which is
(or intends to be) wholly or partly in competition within the Restricted Area with
any of the Restricted Businesses;
(b) during the Restricted Period hold any Material Interest in any person, firm or
company which requires or might reasonably be thought by the Company to
require the Employee to disclose or make use of any Confidential Information in
order to properly discharge the Employee's duties to or further the Employee's
interests in such person, firm or company;
(c) during the Restricted Period in any capacity whatsoever, solicit or endeavor to
entice away from the Company any business, orders for any Applicable Products
from any Relevant Client or Relevant Prospective Client;
(d) during the Restricted Period have business dealings with or accept in any
capacity whatsoever business, orders or custom from any Relevant Client or
Relevant Prospective Client for any Applicable Products;
(e) during the Restricted Period solicit or entice, or endeavor to solicit or entice,
away from, discourage from being employed by or engaged in performing
services for the Company, employ, engage, attempt to employ or engage,
negotiate or arrange the employment or engagement of (or assist any other
person, firm, company or other organization so to do) any employee of the
Company;
(f) during the Restricted Period interfere, or seek to interfere, with the continuance
of supplies to the Company (or the terms relating to such supplies) from any
suppliers who, during the Relevant Period, have been supplying goods or
services to the Company; and

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(g) at any time after the Termination Date falsely represent or otherwise indicate as
being in any way connected with or interested in any business carried on by the
Company.

17.3 The Employee confirms that he has had the opportunity to receive independent advice
regarding the restrictions contained in this Clause 17 and acknowledges that each of the
undertakings in Clause 17.2 constitutes an entirely separate and independent undertaking
on the Employee and that the duration, extent and application of each of the undertakings
is reasonable in the circumstances and is no more than is required to protect the
legitimate interests of the Company.

17.4 While the undertakings in Clause 17 are considered by the Parties to be reasonable in all
the circumstances, it is recognized that undertakings of the nature in question may fail or
become invalid for technical reasons unforeseen or because of changing circumstances
and, accordingly, it is hereby declared and agreed that, if any of such undertakings shall
be adjudged to be void as going beyond what is reasonable in all the circumstances for
the protection of the Company's interests or for any other reason but would be valid if
part of the wording thereof was deleted and/or the periods (if any) thereof reduced and/or
area dealt with/range of activities covered thereby reduced in scope, the said undertaking
shall apply with such deletions or modifications as may be necessary to make them valid
and effective and such modification shall not thereby affect the validity of any other
undertaking.

17.5 The Employee agrees that, in respect of any Associated Company, the Employee shall
observe and perform each of the undertakings in Clause 17, and that each of these
undertakings shall be construed and enforced as a separate undertaking in respect of each
Associated Company and the invalidity or unenforceability of each such undertaking
shall not affect the validity or enforceability of any undertaking in favor of the Company
or any other Associated Company.

17.6 If the Employee receives an offer to be involved in a business concern in any capacity,
during the Employment or prior to the expiry of the restrictions detailed at Clause 17, the
Employee shall give the person making the offer a copy of this Clause 17.

18. EMPLOYEE’S RESPONSIBILITIES UPON TERMINATION

18.1 Following any notice of termination, the Employee must fully cooperate with the
Company in all matters relating to the winding up of Employee’s pending work on behalf
of the Company and to the orderly transfer of any such pending work to other employees
as may be designated by the Company.

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18.2 The Employee shall make himself reasonably available to the Company to respond to
reasonable requests by the Company for information concerning matters involving facts
or events relating to the Company that may be within the Employee’s knowledge.

18.3 The Employee shall cooperate with the cancellation, transfer or execution of any official
or sponsorship documents required to complete the Employee’s resignation formalities
and to cooperate with the Company to complete such documentation and formalities as is
reasonably necessary to affect the termination of the Employee’s Employment.

18.4 Execute the Company’s then current form of settlement agreement and general release.

19. NON-CIRCUMVENTION AND NON-COMPETE

19.1 During the term of Employee’s Employment with the Company, and for a period of two
(2) years following the expiry/termination thereof for any reason whatsoever (all of
which herein constitute the Restricted Term), the Employee covenants and agrees that
he shall not, directly or indirectly, individually or in association with others, as an
employee, partner, stockholder, independent contractor or through any other person, firm,
association, trust, venture or corporation, whether as sole proprietor, partner, shareholder,
agent, officer, director, employee, advisor, consultant, trustee, beneficiary or otherwise,
(a) carry on, engage or be interested in any form of competing activity in any part of the
United Arab Emirates; or (b) solicit for engagement or employment (whether on his own
behalf or for any other person or entity), engage or employ any person employed by the
Company within the twelve (12) months immediately following the expiry/termination of
Employee’s employment with the Company.

19.2 If the Employee breaches any of his obligations stated in this Clause 19, he shall
immediately, without any notice of default being required, forfeit to the Company a
penalty/liquidated damages for each breach thereof, amounting to a legal monetary
compensation equal to the maximum service it should realize from such a transaction,
plus any and all expenses, including any and all legal fees incurred in lieu of the recovery
of such compensation, past, present and future without prejudice to the Company’s rights
to claim (a) full compliance with the relevant contractual obligations and/or (b) actual
damages instead of the penalty/liquidated damages.

20. ASSIGNMENT AND OTHER DEALINGS

20.1 The Employee may not assign or delegate this Agreement or any of his rights or
obligations hereunder without the prior written consent of the Company.

20.2 The Company may freely assign this Agreement to any Associated Company.

20.3 This Agreement shall be binding upon and inure to the benefit of the Company and any
other person, association or entity which may hereafter acquire or succeed to all or

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substantially all of the business or assets of the Company by any means whether direct or
indirect, by purchase, merger, consolidation, reorganization or otherwise.

21. NOTICES

1.36500 All notices required to be given or information supplied by either of the Parties to
the other pursuant to the provisions of this Agreement must be in writing and shall be
sent
(a) by hand with a copy sent by registered post or courier; and
(b) with a copy by email.
to the address of each Party as set out in this Agreement or to such other address as may from
time to time be notified in writing by either of the Parties to the other.

1.36501 Any notice delivered by hand shall be deemed to have been served at the time of
receipt.

22. GENERAL RULES

1.36502 This Agreement is valid subject to completion of all formalities and submission,
prior to commencement of the Employment, of all of the required documents such as
references and education and experience certificates.

23. SEVERABILITY CLAUSE

Should any provision of this Agreement be or become invalid, the validity of the other
provisions shall not be affected thereby. The Parties undertake to agree a valid provision
which comes as close as possible to the meaning/intent of the ineffective provision.

24. NO WAIVER

The failure of either Party to this Agreement to insist upon the performance of any of the
terms and conditions of this Agreement, or the waiver of any breach of any of the terms
and conditions of this Agreement, shall not be construed as thereafter waiving any such
terms and conditions, but the same shall continue.

25. SURVIVAL

The Parties' obligations under Clauses Error: Reference source not found, 15, 16, 17, 18
and 19 shall survive the termination this Agreement for any reason whatsoever.

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26. GOBERNING LAW

This Agreement and any dispute or claim arising out of or in connection with it or its
subject matter or formation (including non-contractual disputes or claims) shall be
governed by and construed in accordance with the Laws of the [JURISDICTION] as
interpreted therein.

27. JURISDICTION

Each party irrevocably agrees that the competent courts of the [JURISDICTION] shall
have exclusive jurisdiction to settle any dispute or claim arising out of or in connection
with this Agreement or its subject matter or formation (including non-contractual
disputes or claims).

28. COUNTERPARTS

This Agreement may be executed and delivered in any number of counterparts, each of
which, when executed, shall constitute a duplicate original, and all the counterparts shall
together constitute the one agreement.
This Agreement has been entered into on the date stated at the beginning of it.

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Execution page
This Agreement has been entered into by the Parties on the date set out at the beginning of this
Agreement.

SIGNED by [NAME OF THE


REPRESENTATIVE]
For and on behalf of [NAME OF THE
COMPANY]

[SIGNATURE]

[NAME OF THE REPRESENTATIVE]

[POSITION]

Signed by [NAME OF THE


EMPLOYEE]
[SIGNATURE]

[NAME OF THE EMPLOYEE]

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Schedule 1 Employment Details

Name [NAME OF THE EMPLOYEE]


Position [POSITION]
Role The Employee should perform the following tasks, including
but not limited to:
[LIST OF TASKS]
Duration [Note: Client to determine if Agreement is for a specific
duration or indefinite period. In case, Agreement will be
renewed, insert renewal details]
Start Date [START DATE]
Working Hours From [HOUR] am to [HOUR] pm.
[NUMBER OF DAYS] days per week (from [WEEKDAY] to
[WEEKDAY]).
Place of Work Remotely.
Remuneration [AMOUNT] per [FREQUENCY]
Annual Leave The Employee may benefit from:
[INSERT DETAILS ABOUT THE ANNUAL LEAVE,
HOLIDAYS AND OTHER LEAVES]

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