Business Law: Drafting a Binding Employment Contract for AEC Inc.

This document presents a sample employment contract drafted for AEC Inc. as part of a business law assignment. The contract outlines the terms and conditions of employment for Stacey James as the Human Resource Manager, including her duties, compensation, benefits, termination clauses, and other legal considerations. The agreement aims to be binding, enforceable, and valid under Ontario law, covering aspects such as job description, experimentation period, holidays, pay, additional perks, yearly appraisal, termination conditions, and severability. It serves as a comprehensive example for students studying contract law and human resource management, demonstrating the essential elements of a legally sound employment agreement. Desklib provides access to similar solved assignments and past papers for students.

Business Law Report
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Student’s Name

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Service Contract
The Agreement is developed between
a) The company “AEC Inc.” which have its registered office situated at 75,
Whitecourt- T7S, Alberta, Canada (mentioned as the employer for the purpose of
this agreement)
And
Stacey James aged 28 years R/o 31A, Rocky View, T1Z, Alberta, Canada
(hereinafter mentioned as the employee)
The relationship of employer and employee will be decided based on following clauses
b) Designation of Employee
Employee will be designated on the position of Human Resource Manager
c) Duties of Employee
The employee would have the following duties
 To Hire the new talent for the organization
 To Provide training to the present as well as new employees
 To Manage Professional Development program
 To maintain the good work culture
 To resolve the employer to employee and employee-to-employee conflict.

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 To manage and plan rewards and incentives
 To do all the necessary things which are required to perform the
aforementioned duties
d) Experimentation Period
The employment of employee will be on confirmed after 2 months of joining.
e) Holidays
 One casual and two sick leave per month is granted to employee
 Two half days per month shall be granted.
f) Pay
 In the form of fix remuneration, employee will receive 625 Canadian
dollars a month
 If employee would give exrtra working hours to employer then the same
shall be eligible to reveive additional pay as per the remunation payment
policy of the company
g) Additional Perks
 Employee is eligible to get 50 candaian dollars as petrol expenditure from
employer
 Employor shall proivde the safeguard to the life of employee by arranging
life insuarance plan
 Employee is entitled to get the all medical expenditure reimbursed
h) Yearly Appraisal

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Employee shall receive an annual appraisal based on her performance during
the last year.
i) Termination
 Both of the parties i.e. employer and employee are eligible to terminate
this employment contract by submitting 20 days advance notice in written
to other party.
 Employer can terminate this contract anytime without fulfilling the
requirement of advance notice mentioned in the previous point
 At the event of termination of employment, employee shall have
responsibility to return the assets that belongs to employer.
j) Laws
The agreement shall be govern by the provisions of law of the provenience of
Ontario.
k) Extensiveness
The agreement is complete in nature and covers all the aspects and terms
related to this employment. It means no other written or oral communication will
be consider further and this agreement shall work as a complete document
containing everything related to the subjective relationship of employer and
employee.
l) Severability
The agreement would remain in force until one or more term of the same will be
held impossible to perform. Further, if any one or more term will be held

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impossible then only those terms will be excluded from the purview of whole
agreement and remaining agreement will be in force.
Whereas this agreement is witnessed and signed by employee and employer (with the
help of representative) in the presence of two witnesses.
Stacey James Mark Jones, CEO of AEC Inc.
(the employee) (on behalf of the employer)
Date: 03.02.2019 Date: 03.02.2019
Place: Ontario Place: Ontario
Witnesses Witnesses
_________________