This document is a basic, short form agreement for employment, suitable for use with employment of permanent, non-award employees (both full time and part time) who are in the positions of Executive. It contains clauses dealing with remuneration package, motor vehicle and bonus/incentive programs.
It contains many optional clauses that may be either retained or discarded depending on the circumstances of the situation. However it does not attempt to contain all possible clauses; additional clauses are available separately to deal with more unusual scenarios (eg share schemes and detailed bonus / incentive schemes etc). The agreement also contains confidentiality, intellectual property and restraint clauses; longer form clauses are available separately.
There is also a longer form employment agreement available separately that is not specific to an executive. (See “Basic employment agreement (long form)”.)
Schedule 1 provides space for a detailed description of the duties to be performed.
This document has been co-authored for AusDocsOnline.com by Joe Catanzariti, Vice President of the Fair Work Commission,Sydney and Michael Byrnes, Special Counsel, Clayton Utz, Sydney.
This document is prepared with the assistance of Specialist Editor Justine Turnbull, Partner, Seyfarth Shaw Australia.