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Startup Employment Agreement
"I need a Startup Employment Agreement for a senior software engineer position, including provisions for equity compensation (5% stock options) and remote work arrangements, with strong IP protection clauses as they'll be working on our core product technology."
1. Parties: Identification of the employer (company) and employee with full legal names and addresses
2. Background: Context of the employment relationship, company's business nature, and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Employment Terms: Position title, start date, employment status (full-time/part-time), probation period, and reporting relationships
5. Duties and Responsibilities: Main responsibilities, performance expectations, and compliance with company policies
6. Compensation: Base salary, superannuation, review periods, and payment arrangements
7. Hours of Work: Standard working hours, flexibility arrangements, and overtime provisions
8. Leave Entitlements: Annual leave, personal/carer's leave, long service leave, and other statutory leave entitlements
9. Intellectual Property: Assignment of IP created during employment, protection of company IP
10. Confidentiality: Protection of company confidential information and trade secrets
11. Restraint of Trade: Non-compete and non-solicitation provisions post-employment
12. Termination: Notice periods, grounds for termination, and post-termination obligations
13. General Provisions: Governing law, entire agreement, amendments, and notices
1. Equity Compensation: Details of any share options, equity grants, or other stock-based compensation - include when equity is part of compensation package
2. Remote Work Arrangements: Specific provisions for remote work including equipment, expenses, and work arrangements - include for remote positions
3. International Travel: Terms regarding international travel, visas, and overseas work arrangements - include if role requires international travel
4. Commission Structure: Details of sales commissions or performance-based incentives - include for sales or similar roles
5. Startup-Specific Obligations: Additional duties during fundraising, exit events, or major corporate changes - include for senior roles
6. Flexible Working Arrangements: Specific terms for flexible hours or compressed work weeks - include when non-standard arrangements apply
7. Employee Inventions: Detailed provisions about invention assignment and development - include for technical/development roles
1. Schedule 1 - Position Description: Detailed outline of role, responsibilities, and key performance indicators
2. Schedule 2 - Compensation Details: Comprehensive breakdown of salary package, benefits, and any performance-based incentives
3. Schedule 3 - Share Option Terms: Details of any share option or equity scheme including vesting schedule and conditions
4. Schedule 4 - Company Policies: Key company policies that form part of the employment terms
5. Schedule 5 - Restraint Provisions: Detailed restraint of trade terms including geographic and temporal limitations
6. Appendix A - Confidential Information: Specific categories of confidential information and handling requirements
7. Appendix B - Approved Outside Activities: List of pre-approved external commitments or activities
Authors
Technology
Software Development
Biotechnology
Fintech
E-commerce
Digital Media
Clean Technology
Healthcare Technology
Education Technology
Artificial Intelligence
Blockchain
Cybersecurity
Internet of Things
Software as a Service
Mobile Applications
Engineering
Product Development
Design
Marketing
Sales
Operations
Human Resources
Finance
Legal
Research and Development
Customer Success
Business Development
Data Science
Quality Assurance
Information Technology
Content
Analytics
Strategy
Innovation
User Experience
Chief Executive Officer
Chief Technology Officer
Chief Financial Officer
Chief Operating Officer
Software Engineer
Full Stack Developer
Product Manager
UX/UI Designer
Data Scientist
Marketing Manager
Sales Representative
Business Development Manager
Operations Manager
Human Resources Manager
Customer Success Manager
Technical Lead
Research Scientist
Growth Hacker
Digital Marketing Specialist
Account Executive
Project Manager
System Administrator
Quality Assurance Engineer
Content Manager
Financial Analyst
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