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1. Parties: Identification of the employer and employee with full legal names and addresses
2. Background: Context of the lifetime employment arrangement and the basis for entering into this unique employment relationship
3. Definitions: Key terms used throughout the agreement including 'Lifetime Employment', 'Cause', 'Disability', etc.
4. Term and Nature of Employment: Specification of the lifetime nature of employment, start date, and conditions for continuation
5. Position and Duties: Employee's role, responsibilities, reporting structure, and duty to adapt to reasonable changes over time
6. Compensation: Base salary, review mechanisms, adjustments for inflation, and performance-based increases
7. Benefits and Perquisites: Health benefits, insurance, pension plans, and other long-term benefits
8. Working Hours and Location: Standard working hours, flexibility provisions, and workplace location specifications
9. Performance Standards: Expected performance levels, review processes, and consequences of underperformance
10. Confidentiality: Protection of company information and trade secrets
11. Intellectual Property: Ownership of work product and innovations created during employment
12. Non-Competition and Non-Solicitation: Restrictions on competing activities and soliciting employees/customers
13. Termination Provisions: Limited circumstances under which the lifetime employment can be terminated
14. Dispute Resolution: Process for resolving disagreements and conflicts
15. Governing Law: Specification of Canadian law and relevant provincial jurisdiction
16. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments
1. Mobility Clause: Include when the position may require relocation or travel
2. Education and Professional Development: Include when ongoing training and development are part of the employment arrangement
3. Share Options/Ownership: Include when the employee will participate in company ownership
4. Succession Planning: Include when the employee is in a key position requiring succession planning
5. Family Benefits: Include when extending certain benefits to family members
6. Disability Accommodation: Include when specific accommodation arrangements are needed
7. Remote Work Provisions: Include when allowing for remote work arrangements
8. Leadership Transition: Include when the role involves potential leadership succession
1. Schedule A - Compensation Structure: Detailed breakdown of salary, bonuses, and long-term incentive plans
2. Schedule B - Benefits Package: Comprehensive list of benefits and their terms
3. Schedule C - Position Description: Detailed description of role, responsibilities, and performance expectations
4. Schedule D - Company Policies: Key company policies that form part of the employment terms
5. Appendix 1 - Pension Plan Details: Specific terms of the pension arrangement
6. Appendix 2 - Insurance Coverage: Details of life, disability, and other insurance coverage
7. Appendix 3 - Share Option Plan: Terms of any share-based compensation
8. Appendix 4 - Professional Development Program: Structure of ongoing professional development support
Family-Owned Businesses
Professional Services
Manufacturing
Technology
Healthcare
Education
Research and Development
Financial Services
Legal Services
Executive Management
Consulting
Executive Leadership
Legal
Human Resources
Finance
Operations
Research & Development
Technical Operations
Strategic Planning
Corporate Governance
Succession Planning
Chief Executive Officer
Chief Technology Officer
Family Business Successor
Master Craftsperson
Senior Research Scientist
Executive Director
Principal Consultant
Master Architect
Senior Legal Counsel
Head of Operations
Chief Financial Officer
Master Engineer
Distinguished Professor
Legacy Business Owner
Technical Specialist
Senior Partner
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