[{"data":1,"prerenderedAt":528},["ShallowReactive",2],{"document-employment-agreement-executive-with-car-allowance-D542":3},{"document":4,"label":26,"preview":11,"thumb":27,"thumb600":28,"description":5,"descriptionCustom":6,"apiDescription":5,"pages":8,"extension":10,"parents":29,"breadcrumb":33,"related":39,"customDescModule":177,"customdescription":6,"mdFm":178,"mdProseHtml":527},{"description":5,"descriptionCustom":6,"label":7,"pages":8,"size":9,"extension":10,"preview":11,"thumb":12,"svgFrame":13,"seoMetadata":14,"parents":15,"keywords":25},"EMPLOYMENT AGREEMENT FOR AN EXECUTIVE This Employment Agreement for an Executive (the \"Agreement\") is made and effective this [Date], BETWEEN: [EXECUTIVE NAME] (the \"Executive\"), an individual with his main address at: [COMPLETE ADDRESS] AND: [YOUR COMPANY NAME] (the \"Company\"), an entity organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] Recitals In consideration of the covenants and agreements herein contained and the moneys to be paid hereunder, the Company hereby employs the Executive and the Executive hereby agrees to perform services as an Executive of the Company, upon the following terms and conditions: TERM The Company hereby employs Executive to serve as [position] and to serve in such additional or different position or positions as the Company may determine in its sole discretion. The term of employment shall be for a period of [NUMBER] years (\"Employment Period\") to commence on [DATE], unless earlier terminated as set forth herein. The effective date of this Agreement shall be the date first set forth above, and it shall continue in effect until the earlier of: The effective date of any subsequent employment agreement between the Company and the Executive; The effective date of any termination of employment as provided elsewhere herein; or [NUMBER] year(s) from the effective date hereof, provided, that this Employment Agreement shall automatically renew for successive periods of [NUMBER] years each unless either party gives written notice to other that it does not wish to automatically renew this Agreement, which written notice must be received by the other party no less than [NUMBER] days and no more than [NUMBER] days prior to the expiration of the applicable term. Duties and Responsibilities Executive will be reporting to [IDENTIFY]. Within the limitations established by the By-laws of the Company, the Executive shall have each and all of the duties and responsibilities of that position and such other or different duties on behalf of the Company, as may be assigned from time to time by [identify what person or body may assign additional responsibilities]. Location The initial principal location at which Executive shall perform services for the Company shall be [location]. Acceptance of Employment Executive accepts employment with the Company upon the terms set forth above and agrees to devote all Executive's time, energy and ability to the interests of the Company, and to perform Executive's duties in an efficient, trustworthy and business-like manner. Devotion of Time to Employment The Executive shall devote the Executive's best efforts and substantially all of the Executive's working time to performing the duties on behalf of the Company. The Executive shall provide services during the normal business hours of the Company as determined by the Company. Reasonable amounts of time may be allotted to personal or outside business, charitable and professional activities and shall not constitute a violation of this Agreement provided such activities do not materially interfere with the services required to be rendered hereunder. QUALIFICATIONS The Executive shall, as a condition of this Agreement, satisfy all of the qualification that are reasonably and in good faith established by the Board of Directors. Compensation Base Salary Executive shall be paid a base salary (\"Base Salary\") at the annual rate of [salary], payable in bi-weekly installments consistent with Company's payroll practices. The annual Base Salary shall be reviewed on or before [DATE] of each year, unless Executive's employment hereunder shall have been terminated earlier pursuant to this Agreement, starting on [agreed upon date] by the Board of Directors of the Company to determine if such Base Salary should be increased for the following year in recognition of services to the Company. In consideration of the services under this Agreement, Executive shall be paid the aggregate of basic compensation, bonus and benefits as hereinafter set forth. Payment Payment of all compensation to Executive hereunder shall be made in accordance with the relevant Company policies in effect from time to time, including normal payroll practices. Bonus From time to time, the Company may pay to Executive a bonus out of net revenues of the Company. Payment of any bonus compensation shall be at the sole discretion of the Board of Directors or the Executive committee of the Board of Directors and the Executive shall have no entitlement to such amount absent a decision by the Company as aforesaid to make such bonus compensation. Executive shall also be entitled to a bonus determined as follows: [DESCRIBE] Benefits The Company shall provide Executive with such benefits as are provided to other senior management Of the Company. Benefits shall include at a minimum (i) paid vacation of [NUMBER] days per year, at such times as approved by the Board of Directors, (ii) health insurance coverage under the same terms as offered to other Executives of the Company, (iii) retirement and profit sharing programs as offered to other Executives of the Company, (iv) paid holidays as per the Company's policies, and (v) such other benefits and perquisites as are approved by the Board of Directors. The Company has the right to modify conditions of participation, terminate any benefit, or change insurance plans and other providers of such benefits in its sole discretion. The Executive shall be reimbursed for out of pocket expenses that are pre-approved by the Company, subject to the Company's policies and procedures therefore, and only for such items that are a necessary and integral part of the Executive's job functions. NonDeductible Compensation In the event a deduction shall be disallowed by the Internal Revenue Service or a court of competent jurisdiction for federal income tax purposes for all or any part of the payment made to Executive by the Company or any other shareholder or Executive of the Company, shall be required by the Internal Revenue Service to pay a deficiency on account of such disallowance, then Executive shall repay to the Company or such other individual required to make such payment, an amount equal to the tax imposed on the disallowed portion of such payment, plus any and all interest and penalties paid with respect thereto. The Company or other party required to make payment shall not be required to defend any proposed disallowance or other action by the Internal Revenue Service or any other state, federal, or local taxing authorities. Withholding All sums payable to Executive under this Agreement will be reduced by all federal, state, local, and other withholdings and similar taxes and payments required by applicable law. Other Employment Benefits Business Expenses Upon submission of itemized expense statements in the manner specified by the Company, Executive shall be entitled to reimbursement for reasonable travel and other reasonable business expenses duly incurred by Executive in the performance of his duties under this Agreement. Benefit Plans Executive shall be entitled to participate in the Company's medical and dental plans, life and disability insurance plans and retirement plans pursuant to their terms and conditions. Executive shall be entitled to participate in any other benefit plan offered by the Company to its Executives during the term of this Agreement (other than stock option or stock incentive plans, which are governed by Section 3(d) below). Nothing in this Agreement shall preclude the Company or any affiliate of the Company from terminating or amending any Executive benefit plan or program from time to time.",null,"Employment Agreement Executive with Car Allowance","13",102,"doc","https://templates.business-in-a-box.com/imgs/1000px/employment-agreement_executive-with-car-allowance-D542.png","https://templates.business-in-a-box.com/imgs/250px/542.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#542.xml",{"title":6,"description":6},[16,19,22],{"label":17,"url":18},"Human Resources","/templates/human-resources/",{"label":20,"url":21},"Hire an Employee","/templates/hire-employee/",{"label":23,"url":24},"Legal Agreements","/templates/business-legal-agreements/","employment agreement executive with car allowance","Employment Agreement Executive with Car Allowance Template","https://templates.business-in-a-box.com/imgs/400px/542.png","https://templates.business-in-a-box.com/imgs/600px/542.png",[30,16,19,22],{"label":31,"url":32},"Templates","/templates/",[34,35,36],{"label":31,"url":32},{"label":23,"url":24},{"label":37,"url":38},"Employment & Contractors","/templates/employment-and-contractors/",[40,44,48,52,56,60,64,68,72,76,80,84,88,106,121,134,149,162],{"label":41,"url":42,"thumb":43,"extension":10},"Car Allowance Policy","/template/car-allowance-policy-D13820","https://templates.business-in-a-box.com/imgs/250px/13820.png",{"label":45,"url":46,"thumb":47,"extension":10},"Employment Agreement Executive","/template/employment-agreement-executive-D543","https://templates.business-in-a-box.com/imgs/250px/543.png",{"label":49,"url":50,"thumb":51,"extension":10},"Employment Agreement","/template/employment-agreement-D12539","https://templates.business-in-a-box.com/imgs/250px/12539.png",{"label":53,"url":54,"thumb":55,"extension":10},"Employment Agreement Executive2","/template/employment-agreement-executive2-D544","https://templates.business-in-a-box.com/imgs/250px/544.png",{"label":57,"url":58,"thumb":59,"extension":10},"Employment Agreement For Technical Employee","/template/employment-agreement-for-technical-employee-D540","https://templates.business-in-a-box.com/imgs/250px/540.png",{"label":61,"url":62,"thumb":63,"extension":10},"Employment Agreement Key Employee","/template/employment-agreement-key-employee-D546","https://templates.business-in-a-box.com/imgs/250px/546.png",{"label":65,"url":66,"thumb":67,"extension":10},"Post-Employment Information Release Agreement","/template/post-employment-information-release-agreement-D679","https://templates.business-in-a-box.com/imgs/250px/679.png",{"label":69,"url":70,"thumb":71,"extension":10},"Restrictive Covenants for Employment Agreements","/template/restrictive-covenants-for-employment-agreements-D555","https://templates.business-in-a-box.com/imgs/250px/555.png",{"label":73,"url":74,"thumb":75,"extension":10},"Employment Agency Agreement","/template/employment-agency-agreement-D157","https://templates.business-in-a-box.com/imgs/250px/157.png",{"label":77,"url":78,"thumb":79,"extension":10},"Executive Protection Agreement Change in Control","/template/executive-protection-agreement-change-in-control-D5192","https://templates.business-in-a-box.com/imgs/250px/5192.png",{"label":81,"url":82,"thumb":83,"extension":10},"Executive Protection Agreement Change in Control_Long Form","/template/executive-protection-agreement-change-in-control-long-form-D5193","https://templates.business-in-a-box.com/imgs/250px/5193.png",{"label":85,"url":86,"thumb":87,"extension":10},"Temporary Employment Contract","/template/temporary-employment-contract-D12734","https://templates.business-in-a-box.com/imgs/250px/12734.png",{"description":89,"descriptionCustom":6,"label":90,"pages":91,"size":92,"extension":10,"preview":93,"thumb":94,"svgFrame":95,"seoMetadata":96,"parents":98,"keywords":97,"url":105},"EMPLOYMENT AGREEMENT - AT WILL EMPLOYEE This Employment Agreement for \"At Will\" Employee (the \"Agreement\") is made and effective this [DATE], BETWEEN: [EMPLOYEE NAME] (the \"Employee\"), an individual with his main address at: [COMPLETE ADDRESS] AND: [YOUR COMPANY NAME] (the \"Corporation\"), an entity organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] RECITALS In consideration of the covenants and agreements herein contained and the moneys to be paid hereunder, the Corporation hereby employs the Employee and the Employee hereby agrees to perform services as an employee of the Corporation, on an \"at will\" basis, upon the following terms and conditions: APPOINTMENT The Employee is hereby employed by the Corporation to render such services and to perform such tasks as may be assigned by the Corporation. The Corporation may, in its sole discretion, increase or reduce the duties, or modify the title and job description, of the Employee from time to time, and any such increase, reduction or modification shall not be deemed a termination of this Agreement. ACCEPTANCE OF EMPLOYMENT Employee accepts employment with the Corporation upon the terms set forth above and agrees to devote all Employee's time, energy and ability to the interests of the Corporation, and to perform Employee's duties in an efficient, trustworthy and business-like manner. DEVOTION OF TIME TO EMPLOYMENT The Employee shall devote the Employee's best efforts and substantially all of the Employee's working time to performing the duties on behalf of the Corporation. The Employee shall provide services during the hours that are scheduled by the Corporation management. The Employee shall be prompt in reporting to work at the assigned time. NO CONFLICT OF INTEREST Employee shall not engage in any other business while employed by the Corporation. Employee shall not engage in any activity that conflicts with the Employees duties to the Corporation. Employee shall not provide any service or lend any aid or assistance to any party that competes with the services offered by the Corporation. Employee shall not provide any services to clients or prospective clients of the Corporation outside of the provision of services for the Corporation, whether such services are provided with or without compensation or remuneration. CORPORATION PROPERTY Employee acknowledges and agrees that while employed by the Corporation the Employee may be provided with use of computer equipment and other property of the Corporation. The use and possession of the such items shall be subject to any policies, requirements or restrictions established by the Corporation. Such items may only be used in performance of the Employee's duties for the corporation. On request of the Corporation, the Employee shall immediately deliver any such items to the Corporation. Upon termination of employment, Employee shall have the affirmative duty to return any such item to the Corporation whether a request is made or not. The obligation to return Corporation property shall extend and include any and all work product, client property, proprietary rights, intangible property, and all other property of the corporation regardless of the form or medium. COMPENSATION The Corporation shall pay the Employee such hourly compensation as determined by the Corporation. Payment shall be at the same time as the Corporations usual payroll to other employees. BONUS & BENEFITS Payment of any bonuses shall be at the complete discretion of the Corporation. No guarantee or representation that any bonuses will be paid has been made to the Employee. Standard benefits that are provided to other non-management employees shall be offered to the Employee, subject to the Corporation's policies and the terms and conditions of such benefits. WITHHOLDING All sums payable to Employee under this Agreement will be reduced by all federal, state, local, and other withholdings and similar taxes and payments required by applicable law. QUALIFICATIONS OF EMPLOYEE The employee shall satisfy all of the qualification that are established by the Corporation. TERM OF AGREEMENT There shall be no guaranteed term of employment. Employer acknowledges and agrees that Employee shall be an \"At Will\" Employee and that Employee's employment may be terminated at any time by the Corporation, with or without cause. FEES FROM EMPLOYEE'S WORK The Corporation shall have exclusive authority to determine the fees, or a procedure for establishing the fees, to be charged to clients by the Corporation for services that are provided by the Employee. All sums paid to the Employee or the Corporation in the way of fees, in cash or in kind, or otherwise for services of the Employee, shall, except as otherwise specifically agreed by the Corporation, be and remain the property of the Corporation and shall be included in the Corporation's name in such checking account or accounts as the Corporation may from time to time designate. CLIENTS AND CLIENT RECORDS The Corporation shall have the authority to determine who will be accepted as clients of the Corporation, and the Employee recognizes that such clients accepted are clients of the Corporation and not the Employee. All client records and files of any type concerning clients of the Corporation shall belong to and remain the property of the Corporation, notwithstanding the subsequent termination of the employment. POLICIES AND PROCEDURES The Corporation shall have the authority to establish from time to time the policies and procedures to be followed by the Employee in performing services for the Corporation. This may include, but is not necessarily limited to, employment policies, computer use policies, Internet access policies, email policies, and all other policies, procedures, directives, and mandates established by the Corporation, whether or not in written form or formally adopted. Employee shall abide by the provisions of any contract entered into by the Corporation under which the Employee provides services. Employee shall comply with the terms and conditions of any and all contracts entered by the Corporation. TERMINATION Employee acknowledges and agrees that Employee is an \"at will\" employee of the Corporation. As such, no term of employment is created hereby and employee may be terminated at any time in the sole discretion of the Corporation, whether there exists any cause for termination or not. CREATIONS AND INVENTIONS Employee acknowledges and agrees that any and all work product of the Employee that is conceived or created during the Employee's employment with the Corporation is the exclusive property of the Corporation. This shall include any and all copyrights, trade secrets, confidential information, patents, trademarks, trade dress, ideas, concepts, plans, business plans, business concepts, techniques, inventions, drawings, artwork, logos, graphics, web pages, databases, software, programs, CGI's, plug ins, applications, brochures, inventions, marketing plans and concepts, and all other ideas and work product of the Employee. The Employee acknowledges and agrees that all creations shall be \"works made for hire\" as defined in the [ACT OR CODE]. Notwithstanding the fact that this material may be considered to be a work made for hire, Employee agrees, during Employee's employment and thereafter, which covenant shall survive any termination of the employment relationship, to execute any and all documents requested by the Corporation to confirm the Corporation's ownership and control of all such material, including but not limited to assignments of copyright, confirmations of work for hire status, waivers of proprietary rights, copyright application, and any other documents requested by Corporation. RESTRICTIVE COVENANTS","Employment Agreement_At Will Employee","7",513,"https://templates.business-in-a-box.com/imgs/1000px/employment-agreement_at-will-employee-D541.png","https://templates.business-in-a-box.com/imgs/250px/541.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#541.xml",{"title":97,"description":6},"employment agreement_at will employee",[99,101,103],{"label":17,"url":100},"human-resources",{"label":20,"url":102},"hire-employee",{"label":23,"url":104},"business-legal-agreements","/template/employment-agreement_at-will-employee-D541",{"description":107,"descriptionCustom":6,"label":108,"pages":109,"size":110,"extension":10,"preview":111,"thumb":112,"svgFrame":113,"seoMetadata":114,"parents":115,"keywords":119,"url":120},"INDEPENDENT CONTRACTOR AGREEMENT This Independent Contractor Agreement (\"Agreement\") is made and effective [Date], BETWEEN: [INDEPENDENT CONTRACTOR NAME] (the \"Independent Contractor\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [YOUR COMPANY NAME] (the \"Company\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] RECITALS Independent Contractor is engaged in providing [Describe] business services, its Employer Tax I.D. Number is [Insert], and its Business License Number is [insert]. Independent Contractor has complied with all Federal, State, and local laws regarding business permits, sales permits, licenses, reporting requirements, tax withholding requirements, and other legal requirements of any kind that may be required to carry out said business and the Scope of Work which is to be performed as an Independent Contractor pursuant to this Agreement. Independent Contractor is or remains open to conducting similar tasks or activities for clients other than the Company and holds themselves out to the public to be a separate business entity. Company desires to engage and contract for the services of the Independent Contractor to perform certain tasks as set forth below. Independent Contractor desires to enter into this Agreement and perform as an independent contractor for the company and is willing to do so on the terms and conditions set forth below. NOW, THEREFORE, in consideration of the above recitals and the mutual promises and conditions contained in this Agreement, the Parties agree as follows: TERMS This Agreement shall be effective commencing [Date], and shall continue until terminated at the completion of the Scope of Work which shall occur no later than [Date] or by either party as otherwise provided herein. STATUS OF INDEPENDENT CONTRACTOR This Agreement does not constitute a hiring by either party. It is the parties intentions that Independent Contractor shall have an independent contractor status and not be an employee for any purposes, including, but not limited to, [laws]. Independent Contractor shall retain sole and absolute discretion in the manner and means of carrying out their activities and responsibilities under this Agreement. This Agreement shall not be considered or construed to be a partnership or joint venture, and the Company shall not be liable for any obligations incurred by Independent Contractor unless specifically authorized in writing. Independent Contractor shall not act as an agent of the Company, ostensibly or otherwise, nor bind the Company in any manner, unless specifically authorized to do so in writing. TASKS, DUTIES, AND SCOPE OF WORK Independent Contractor agrees to devote as much time, attention, and energy as necessary to complete or achieve the following: [Describe]. The above to be referred to in this Agreement as the \"Scope of Work\". It is expected that the Scope of Work will completed by [Date]. Independent Contractor shall additionally perform any and all tasks and duties associated with the Scope of Work set forth above, including but not limited to, work being performed already or related change orders. Independent Contractor shall not be entitled to engage in any activities which are not expressly set forth by this Agreement. The books and records related to the Scope of Work set forth in this Agreement shall be maintained by the Independent Contractor at the Independent Contractor's principal place of business and open to inspection by Company during regular working hours. Documents to which Company will be entitled to inspect include, but are not limited to, any and all contract documents, change orders/purchase orders and work authorized by Independent Contractor or Company on existing or potential projects related to this Agreement. Independent Contractor shall be responsible to the management and directors of Company, but Independent Contractor will not be required to follow or establish a regular or daily work schedule. Supply all necessary equipment, materials and supplies. Independent Contractor will not rely on the equipment or offices of Company for completion of tasks and duties set forth pursuant to this Agreement. Any advice given Independent Contractors regarding the scope of work shall be considered a suggestion only, not an instruction. Company retains the right to inspect, stop, or alter the work of Independent Contractor to assure its conformity with this Agreement. ASSURANCE OF SERVICES Independent Contractor will assure that the following individuals (the \"Key Employees\") will be available to perform, and will perform, the Services hereunder until they are completed (identify by title and name as applicable): [Name of Key Employee, Title] [Name of Key Employee, Title] The Key Employees may be changed only with the prior written approval of the Company, which approval shall not be unreasonably withheld. COMPENSATION Independent Contractor shall be entitled to compensation for performing those tasks and duties related to the Scope of Work as follows: [Describe] Such compensation shall become due and payable to Independent Contractor in the following time, place, and manner: [Describe] NOTICE CONCERNING WITHHOLDING OF TAXES Independent Contractor recognizes and understands that it will receive a [specify tax] statement and related tax statements, and will be required to file corporate and/or individual tax returns and to pay taxes in accordance with all provisions of applicable Federal and State law. Independent Contractor hereby promises and agrees to indemnify the Company for any damages or expenses, including attorney's fees, and legal expenses, incurred by the Company as a result of independent contractor's failure to make such required payments. AGREEMENT TO WAIVE RIGHTS TO BENEFITS Independent Contractor hereby waives and foregoes the right to receive any benefits given by Company to its regular employees, including, but not limited to, health benefits, vacation and sick leave benefits, profit sharing plans, etc. This waiver is applicable to all non-salary benefits which might otherwise be found to accrue to the Independent Contractor by virtue of their services to Company, and is effective for the entire duration of Independent Contractor's agreement with Company. This waiver is effective independently of Independent Contractor's employment status as adjudged for taxation purposes or for any other purpose. Neither this Agreement, nor any duties or obligations under this Agreement may be assigned by either party without the consent of the other. TERMINATION This Agreement may be terminated prior to the completion or achievement of the Scope of Work by either party giving [number] days written notice. Such termination shall not prejudice any other remedy to which the terminating party may be entitled, either by law, in equity, or under this Agreement. NON-DISCLOSURE OF TRADE SECRETS, CUSTOMER LISTS AND OTHER PROPRIETARY INFORMATION Independent Contractor agrees not to disclose or communicate, in any manner, either during or after Independent Contractor's agreement with Company, information about Company, its operations, clientele, or any other information, that relate to the business of Company including, but not limited to, the names of its customers, its marketing strategies, operations, or any other information of any kind which would be deemed confidential, a trade secret, a customer list, or other form of proprietary information of Company. Independent Contractor acknowledges that the above information is material and confidential and that it affects the profitability of Company. ","Independent Contractor Agreement","6",62,"https://templates.business-in-a-box.com/imgs/1000px/independent-contractor-agreement-D160.png","https://templates.business-in-a-box.com/imgs/250px/160.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#160.xml",{"title":6,"description":6},[116],{"label":117,"url":118},"Consultant & Contractors","consulting-contractor-business","independent contractor agreement","/template/independent-contractor-agreement-D160",{"description":122,"descriptionCustom":6,"label":123,"pages":124,"size":92,"extension":10,"preview":125,"thumb":126,"svgFrame":127,"seoMetadata":128,"parents":130,"keywords":129,"url":133},"[DATE] [CONTACT NAME] [ADDRESS] [ADDRESS 2] [CITY, STATE/PROVINCE] [ZIP/POSTAL CODE] SUBJECT: JOB OFFER FOR [DESCRIBE] Dear [CANDIDATE NAME]: Congratulations! [Company name] is excited to offer you the position of [job title] with an expected start date of [day, month, year] at a starting salary of [dollar amount] per [hour, year, etc.]. You can expect to receive payment [weekly, biweekly, monthly, etc.], starting on [date of first pay period]. We must wrap up a few more formalities, including the successful completion of your [background check, drug screening, reference check, etc.]. As the [job title], you will report to [manager/supervisor name and title] at [workplace location] from [hours of day, days of week]","Job Offer Letter Long","1","https://templates.business-in-a-box.com/imgs/1000px/job-offer-letter-long-D12769.png","https://templates.business-in-a-box.com/imgs/250px/12769.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12769.xml",{"title":129,"description":6},"job offer letter long",[131,132],{"label":17,"url":100},{"label":20,"url":102},"/template/job-offer-letter-long-D12769",{"description":135,"descriptionCustom":6,"label":136,"pages":137,"size":92,"extension":10,"preview":138,"thumb":139,"svgFrame":140,"seoMetadata":141,"parents":143,"keywords":142,"url":148},"NON-DISCLOSURE AGREEMENT (NDA) This Non-Disclosure Agreement (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Disclosing Party\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [RECEIVING PARTY NAME] (the \"Receiving Party\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS, Receiving Party has been or will be engaged in the performance of work on [DESCRIBE]; and in connection therewith will be given access to certain confidential and proprietary information; and WHEREAS, Receiving Party and Disclosing Party wish to evidence by this Agreement the manner in which said confidential and proprietary material will be treated. NOW, THEREFORE, it is agreed as follows: NON-DISCLOSURE OF CONFIDENTIAL INFORMATION Both Parties understand and agree that each Party may have access to the confidential information of the other party. For the purposes of this Agreement, \"Confidential Information\" means proprietary and confidential information about the Disclosing Party's (or it's suppliers') business or activities. Such information includes all business, financial, technical, and other information marked or designated by such Party as \"confidential\" or \"proprietary.\" Confidential Information also includes information which, by the nature of the circumstances surrounding the disclosure, ought in good faith to be treated as confidential. For the purposes of this Agreement, Confidential Information does not include: Information that is currently in the public domain or that enters the public domain after the signing of this Agreement. Information a Party lawfully receives from a third Party without restriction on disclosure and without breach of a non-disclosure obligation. Information that the Receiving Party knew prior to receiving any Confidential Information from the Disclosing Party. Information that the Receiving Party independently develops without reliance on any Confidential Information from the Disclosing Party. Each Party agrees that it will not disclose to any third Party or use any Confidential Information disclosed to it by the other Party except when expressly permitted in writing by the other Party. Each Party also agrees that it will take all reasonable measures to maintain the confidentiality of all Confidential Information of the other Party in its possession or control. TERM The term of this Agreement is [number] of [years/months] from the date of execution by both Parties. TITLE The Receiving Party agrees that all Confidential Information furnished by the Disclosing Party shall remain the sole property of the Disclosing Party. DISCLAIMER","Non Disclosure Agreement Nda","3","https://templates.business-in-a-box.com/imgs/1000px/non-disclosure-agreement-nda-D12692.png","https://templates.business-in-a-box.com/imgs/250px/12692.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12692.xml",{"title":142,"description":6},"non disclosure agreement nda",[144,145],{"label":23,"url":104},{"label":146,"url":147},"Confidentiality Agreements","confidentiality-agreement","/template/non-disclosure-agreement-nda-D12692",{"description":150,"descriptionCustom":6,"label":151,"pages":152,"size":92,"extension":10,"preview":153,"thumb":154,"svgFrame":155,"seoMetadata":156,"parents":158,"keywords":157,"url":161},"FIXED-TERM AGREEMENT This Fixed-Term Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [COMPANY NAME], (the \"Company\") a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE] with its head office located at: [YOUR COMPLETE ADDRESS] AND: [EMPLOYEE NAME], (the \"Employee\") an individual with his main address located at: [YOUR COMPLETE ADDRESS] Collectively, the Company and Employee shall be referred to as the \"Parties.\" WHEREAS, the Company has offered employment to the Employee in the capacity of [SPECIFY CAPACITY OF EMPLOYEE] in the Company; WHEREAS, the Employee is desirous of and is willing to be employed by the Company in such capacity; NOW, THEREFORE, the Parties agree as follows: DEFINITIONS \"Agreement\" and \"this Agreement\" shall mean this Fixed-Term Agreement and all attached annexures and instruments supplemental to or amending, modifying or confirming this Agreement, in accordance with the provisions of this Agreement. \"Company\" shall have the meaning given to such expression in paragraph 1 of the introduction of the Parties. \"Confidential Information\" includes any trade/business secret, technical knowledge or know-how, financial information, plans, customer lists, pricing policies and procedures, marketing data, research and development data, product data, any formula pattern or compilation of information used in the business of the Company or any clients thereof or their affairs. \"Intellectual Property\" means all intellectual and industrial property and all rights therein, including, without limiting the generality of the foregoing, all inventions (whether patentable or not, and whether or not patent protection has been applied for or granted), improvements, developments, discoveries, proprietary information, trademarks, trademark applications, trade names, websites, Internet domain names, logos, slogans, know-how, trade secrets, processes, designs (whether or not registerable and whether or not design rights subsist in them), works in which copyright may subsist (including computer software and preparatory and design materials therefor). \"Month\" means a calendar month. \"Working Day\" means any day excluding Saturdays, Sundays, and statutory holidays. \"Customer(s)\"/\"Clients\" shall mean any individual, corporation, partnership, business, or other entity, whether for-profit or not-for-profit, whose existence and business is known to the Employee as a result of the Employee's access to the Company's business information, Confidential Information, customer lists, customer account information or any other source of information the Employee has access to during its employment. TERM This is a Fixed-Term Agreement. This Agreement will commence on [SPECIFY DATE] and will end on [SPECIFY DATE]. FIXED-TERM APPOINTMENT The Company hereby offers appointment to the Employee for a Fixed Term to serve the Company in the capacity of [CAPACITY OF EMPLOYEE], with effect from [SPECIFY DATE] (the \"Effective Date\") until [SPECIFY DATE]. The Company may conduct a background and a medical check on the Employee, who hereby agrees and assents to the aforesaid offer being made subject to the satisfactory completion of the same. The Employee shall perform their duties at [SPECIFY ADDRESS]. The Employee warrants that, by entering into this Agreement and performing obligations hereunder, the Employee will not be in breach of any terms or obligations under any subsisting agreement, written or oral, with any third party. Notice Period. The Employee will be required to give [NUMBER OF MONTHS] months' notice or salary thereof in case the Employee decides to leave the Company's services. In the event of the Employee having any incomplete assignment, the Company will have the discretion to relieve the Employee only at the end of the [NUMBER OF MONTHS] months' notice period. Similarly, the Company can terminate the Employee's services by giving the Employee [NUMBER OF MONTHS] months' notice or salary thereof. The Company may terminate the Employee's services immediately on disciplinary grounds. Standard Office Hours. The Company's core hours of operation are from [OFFICE HOURS]. DUTIES AND POWERS The Employee's job description and general responsibilities shall be as set forth in \"Annexure A\" and shall include such further duties and responsibilities as the Company may delegate from time to time. The roles and duties of the Employee are not limited to the ones listed in Annexure A, and the same can be modified or altered as per the decision of the Company. The Employee shall perform all such duties as may be delegated by the Company and comply with all such directions as the Officers of the Company and/or his/her nominated deputies may from time to time assign or give to the Employee. The Employee shall, during the Term of this Agreement (unless prevented by ill health or accident or as otherwise agreed by the Company in writing), devote his time and attention and abilities to the employment with the Company and shall use best endeavours to promote and protect the Company's general interests and welfare. The Parties shall fulfill all their obligations by being compliant with the applicable laws. REMUNERATION The Employee shall be paid [SPECIFY MONTHLY SALARY] on a monthly basis. The said salary shall be paid on [DAY] day of each month to the Employee by the Company. The Employee's salary shall be paid through [MODE OF TRANSFER]. The Employee's salary and other benefits shall be subject to compulsory statutory and other deductions, including tax and other contributions that are to be held by the Employee in STATE/PROVINCE]. LEAVE AND HOLIDAYS The Employee shall be entitled to leave in a year as per the leave policy of the Company, which is annexed as Annexure B to the present Agreement. NON-DISCLOSURE, NON-SOLICITATION AND CONFIDENTIALITY As Confidential Information will from time to time become known to the Employee, the Company considers and the Employee agrees that the restraints set forth in this Agreement (on which the Employee has had the opportunity to take independent legal advice) are necessary for the reasonable protection by the Company of its business or the business of the Group, the clients thereof or their respective affairs. The Employee shall not at any time, either during the continuance of or after the termination of employment with the Company, use, disclose or communicate to any person whatsoever any Confidential Information which the Employee has or of which he may have become possessed during the Employee's employment with the Company, nor shall he supply the names or addresses of any clients, customers, vendors or agents of the Company to any person except as authorised by the Company or as ordered by a court of competent jurisdiction. The Employee consents to the Company holding and processing, both electronically and manually, the data it collects in the course of his employment, for the purpose of the Company's administration and management of its employees, its business, and to comply with applicable procedures, laws and regulations. The Employee agrees that he will not at any time during the continuance of employment or on expiry or on termination/cessation of employment with the Company or thereafter, issue any statements to the press (whether oral or written) which have not directly been authorised by the Company. The obligations under this clause shall survive the termination or expiration of this Agreement, and any disclosure of the Confidential Information by the Employee intentionally or unintentionally shall constitute a material breach of the present Agreement, thereby making the Employee liable for the legal action that may be taken by the Company in this regard.","Fixed Term Contract","9","https://templates.business-in-a-box.com/imgs/1000px/fixed-term-contract-D13225.png","https://templates.business-in-a-box.com/imgs/250px/13225.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#13225.xml",{"title":157,"description":6},"fixed term contract",[159,160],{"label":23,"url":104},{"label":23,"url":104},"/template/fixed-term-contract-D13225",{"description":163,"descriptionCustom":6,"label":164,"pages":165,"size":92,"extension":10,"preview":166,"thumb":167,"svgFrame":168,"seoMetadata":169,"parents":171,"keywords":170,"url":176},"REMOTE WORK AGREEMENT This Remote Work Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [NAME OF THE EMPLOYER], (the \"Employer\" or \"Company\"), a Company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [NAME OF THE EMPLOYEE], (the \"Employee\"), an individual with their main address located at: [COMPLETE ADDRESS] Collectively, the Employer and the Employee shall be referred to as the \"Parties.\" WHEREAS, the Company has made an offer to the Employee to work remotely in the capacity of [JOB TITLE] at the Company; NOW THEREFORE in consideration and as a condition of the Parties entering into this Agreement and other valuable considerations, the receipt and sufficiency of which consideration is acknowledged, the Parties agree as follows: APPOINTMENT The Company hereby offers the Employee appointment, and the Employee agrees to serve the Company to work remotely in the capacity of [JOB TITLE] as of [DATE] (the \"Effective Date\"). PROBATION PERIOD The Employee will be on a Probation Period for a period of [MONTHS/DAYS]. The Employee's confirmation as a permanent employee is subject to the Employee making a positive contribution to the Company and is further subject to meeting certain standards and qualifying criteria during the Probation Period. PLACE OF WORK The Employee shall perform their duties at the location of their choice. The Employee will report to the [SPECIFY THE DESIGNATION] on a needs basis in the following manner: [SPECIFY THE MANNER OF COMMUNICATION]. REMOTE WORK While working remotely, the Employee will remain accessible during the remote work. The Employee will check in with the supervisor to discuss status and open issues and be available for video/teleconferences, scheduled on an as-needed basis. The Employee will take rest and meal breaks while working remotely in full compliance with all applicable policies or collective bargaining agreements, and request supervisor approval to use vacation or sick leave. To ensure that the Employee's performance will not suffer in a remote work arrangement, the Employee is advised to choose a quiet and distraction-free working space, have an internet connection that is adequate for their job and dedicate their full attention to their job duties during working hours. Equipment. The Company will provide the Employee with equipment that is essential to their job duties, like laptops and headsets. The Employee will install VPN and company-required software when the Employee receives their equipment. The Employee must keep their equipment password protected, follow all data encryption, protection standards and settings, and refrain from downloading suspicious, unauthorized or illegal software. NOTICE PERIOD During the Probation Period, if the Employee's performance is found to be unsatisfactory or if it does not meet the prescribed criteria, the Employee's employment can be terminated by the Company with [NUMBER OF DAYS] day's notice or salary thereof. The Employee will be required to give [NUMBER OF MONTHS] months' notice or salary thereof in case the Employee decides to leave the Company. DUTIES The Employee shall perform all such duties as may be delegated by the Company and comply with all such directions as the Managing Director and/or his/her nominated deputies may from time to time assign or give to the Employee. [SPECIFY DUTIES] WORKING HOURS The total working hours will be [SPECIFY HOURS] hours on Mondays to Saturdays. It is expected that the Employee will be flexible with the working hours and work such additional hours as might be necessary to efficiently perform duties under this Agreement. The Company reserves the right to change the working days and the working hours. The Employee shall be entitled to leave and holidays as per the Leave Policy of the Company. In the event the Employee is absent from work and unable to perform duties satisfactorily by reason of any injury, illness or other reason acceptable to the Company, the Employee will be entitled to receive salary and other benefits for up to [NUMBER OF DAYS] consecutive working days during any such absence, within a period of 12 consecutive months. REMUNERATION The Employee's starting total monthly gross salary and during the Probation Period will be as per details in the annexure, hereinafter known as Exhibit A. Any bonus is subject to review in accordance with the Company's practice and policies from time to time, however, there shall be no obligation on the Company to increase the salary or award bonuses at any point of time, save and except at its sole discretion. The Company shall pay or refund or procure to be paid or refunded all reasonable travelling and other similar out of pocket expenses necessarily and incurred by the Employee wholly in the proper performance of duties, subject to production by the Employee of such evidence of the expenses as the Company may reasonably require. The Employee will be required to fill in the claims forms in which the Employee shall provide the correct information of the expenses incurred. CONFIDENTIALITY AND INTELLECTUAL PROPERTY If at any time during the Employee's employment under this Agreement, the Employee participates in the making or discovery of any Intellectual Property directly or indirectly relating to or capable of being used by the Company, full details of the Intellectual Property shall immediately be disclosed in writing by the Employee to the Company and the Intellectual Property shall be the absolute property of the Company. At the request and expense of the Company, the Employee shall give and supply all such information, data, drawings, and assistance as may be necessary or in the opinion of the Company desirable to enable the Company to exploit the Intellectual Property to the best advantage as decided by the Company. The Employee shall execute all documents and do all things which may, in the opinion of the Company, be necessary or desirable for obtaining copyright, design or other protection for the Intellectual Property and for vesting the same in the Company, as the Company may direct. As Confidential Information will from time to time become known to the Employee, the Company considers and the Employee agrees that the restraints set forth in this Agreement are necessary for the reasonable protection by the Company of its business or the business of the Group, the clients thereof or their respective affairs. The Employee shall not at any time, either during the continuance of or after the termination of Employment with the Company, use, disclose or communicate to any person whatsoever any Confidential Information which the Employee has or of which he may have become possessed during employment with the Company nor shall he supply the names or addresses of any clients, customers, vendors or agents of the Company or any company of the Group to any person except as authorised by the Company or as ordered by a court of competent jurisdiction. The Employee consents to the Company holding and processing, both electronically and manually, the data it collects relating to the Employee in the course of employment, for the purpose of the Company's administration and management of its employees, its business and to comply with applicable procedures, laws and regulations. ","Remote Work Agreement","8","https://templates.business-in-a-box.com/imgs/1000px/remote-work-agreement-D13282.png","https://templates.business-in-a-box.com/imgs/250px/13282.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#13282.xml",{"title":170,"description":6},"remote work agreement",[172,173],{"label":17,"url":100},{"label":174,"url":175},"Company Policies","company-policies","/template/remote-work-agreement-D13282",false,{"seo":179,"reviewer":191,"quick_facts":195,"at_a_glance":198,"personas":202,"variants":227,"glossary":255,"clauses":292,"how_to_fill":343,"common_mistakes":384,"faqs":409,"industries":437,"comparisons":462,"diy_vs_lawyer":472,"jurisdictions":485,"related_template_ids_curated":506,"schema":514,"classification":515},{"meta_title":180,"meta_description":181,"primary_keyword":182,"secondary_keywords":183},"Executive Employment Agreement with Car Allowance Template (Free Word)","Free executive employment agreement with car allowance template. Covers salary, bonus, vehicle allowance, IP, non-compete, and termination. Free Word and PDF download.","executive employment agreement with car allowance",[184,185,186,187,188,189,190],"executive employment contract with car allowance","employment contract with vehicle allowance","executive compensation agreement template","executive employment agreement word","car allowance employment contract","senior executive employment agreement free","executive offer letter with car allowance",{"name":192,"credential":193,"reviewed_date":194},"Bruno Goulet","CEO, Business in a Box","2026-05-02",{"difficulty":196,"legal_review_recommended":197,"signature_required":197},"advanced",true,{"what_it_is":199,"when_you_need_it":200,"whats_inside":201},"An Executive Employment Agreement with Car Allowance is a legally binding contract between a company and a senior-level hire that governs the full scope of the employment relationship, including a dedicated vehicle allowance provision. This free Word download covers position and duties, base salary, bonus, car allowance terms, benefits, IP assignment, confidentiality, non-compete, non-solicitation, termination, and severance in a single document you can edit online and export as PDF.\n","Use it when onboarding a C-suite executive, VP, or senior director whose compensation package includes a monthly or annual car allowance — whether for client-facing travel, a regional territory, or as part of a competitive benefits structure. It is especially important when the role involves access to confidential information, customer relationships, or proprietary technology.\n","Position title and reporting structure, start date, base salary and bonus eligibility, car allowance amount and conditions, benefits enrollment, intellectual property assignment, confidentiality obligations, non-compete and non-solicitation restrictions, termination and notice periods, severance formula, and governing law.\n",[203,207,211,215,219,223],{"title":204,"use_case":205,"icon_asset_id":206},"CEO and board chairs","Formalizing compensation packages for newly appointed C-suite executives","persona-ceo",{"title":208,"use_case":209,"icon_asset_id":210},"HR directors","Standardizing senior hire agreements that include vehicle allowance components","persona-hr-manager",{"title":212,"use_case":213,"icon_asset_id":214},"Private equity portfolio companies","Onboarding incoming executives post-acquisition with defined compensation structures","persona-investor",{"title":216,"use_case":217,"icon_asset_id":218},"Regional vice presidents","Documenting territory-based roles requiring regular client or site travel","persona-operations-director",{"title":220,"use_case":221,"icon_asset_id":222},"General counsel and legal ops teams","Reviewing and executing executive contracts with complex allowance provisions","persona-legal-counsel",{"title":224,"use_case":225,"icon_asset_id":226},"Small business owners promoting from within","Upgrading an informal arrangement to a binding executive agreement with car allowance","persona-small-business-owner",[228,232,236,239,243,247,251],{"situation":229,"recommended_template":230,"slug":231},"Hiring a C-suite executive without a vehicle allowance","Executive Employment Agreement","employment-agreement-executive-D543",{"situation":233,"recommended_template":234,"slug":235},"Hiring a standard full-time employee at a non-executive level","Employment Contract (At-Will)","employment-agreement_at-will-employee-D541",{"situation":237,"recommended_template":108,"slug":238},"Engaging a senior advisor on a project basis rather than as an employee","independent-contractor-agreement-D160",{"situation":240,"recommended_template":241,"slug":242},"Hiring a fixed-term executive for a defined project or interim role","Fixed-Term Employment Contract","fixed-term-contract-D13225",{"situation":244,"recommended_template":245,"slug":246},"Onboarding a remote executive working across multiple states or countries","Remote Work Employment Agreement","remote-work-agreement-D13282",{"situation":248,"recommended_template":249,"slug":250},"Providing a standalone vehicle policy to supplement an existing contract","Company Vehicle Policy","company-vehicle-policy-D12630",{"situation":252,"recommended_template":253,"slug":254},"Documenting a car allowance addendum to an existing executive agreement","Employment Contract Amendment","amendment-to-sales-contract-D1224",[256,259,262,265,268,271,274,277,280,283,286,289],{"term":257,"definition":258},"Car Allowance","A fixed monthly or annual cash payment made to an employee to offset the cost of using their personal vehicle for business purposes.",{"term":260,"definition":261},"Base Salary","The fixed annual compensation paid to the executive, independent of bonuses, allowances, or equity grants.",{"term":263,"definition":264},"Discretionary Bonus","A performance payment the employer may award at its sole discretion, with no guaranteed amount or entitlement.",{"term":266,"definition":267},"IP Assignment","A clause that transfers ownership of all work product, inventions, and intellectual property created by the executive during employment to the company.",{"term":269,"definition":270},"Non-Compete Clause","A post-employment restriction preventing the executive from working for competitors or starting a competing business within a defined time period and geography.",{"term":272,"definition":273},"Non-Solicitation Clause","A restriction preventing a departing executive from recruiting the company's employees or soliciting its customers for a defined period after leaving.",{"term":275,"definition":276},"Severance","Compensation paid to the executive upon termination, typically expressed as a multiple of monthly salary or a number of weeks per year of service.",{"term":278,"definition":279},"Garden Leave","A notice period during which the executive continues to receive full pay but is required to stay away from the workplace and refrain from starting new employment.",{"term":281,"definition":282},"Change of Control","A clause that defines executive entitlements — enhanced severance, accelerated vesting, or buyout — triggered when the company is acquired or undergoes a significant ownership change.",{"term":284,"definition":285},"Constructive Dismissal","When an employer materially and unilaterally changes the executive's role, compensation, or conditions to the point where resignation is the only reasonable response, treated legally as a termination.",{"term":287,"definition":288},"Cause (for Termination)","Specific documented grounds — such as fraud, gross misconduct, or material breach — that justify immediate termination without notice or severance.",{"term":290,"definition":291},"Taxable Benefit","Any non-cash or cash allowance provided by the employer — including a car allowance — that is subject to income tax and must be reported on the employee's tax return.",[293,298,303,308,313,318,323,328,333,338],{"name":294,"plain_english":295,"sample_language":296,"common_mistake":297},"Parties, position, and start date","Identifies the employer's registered legal entity and the executive by full legal name, states the job title and department, and records the official first day of employment.","This Executive Employment Agreement is entered into as of [DATE] between [EMPLOYER LEGAL NAME], a [STATE/PROVINCE] [ENTITY TYPE] ('Company'), and [EXECUTIVE FULL NAME] ('Executive'). Executive is engaged as [JOB TITLE] reporting to [TITLE/NAME], commencing [START DATE].","Using a trade name or brand name instead of the registered corporate entity. If the legal name does not match payroll and corporate registry records, enforcing IP assignment and restrictive covenants against the correct entity becomes legally complicated.",{"name":299,"plain_english":300,"sample_language":301,"common_mistake":302},"Duties, authority, and reporting structure","Describes the executive's responsibilities, their level of decision-making authority, who they report to, and the company's right to reasonably adjust duties without triggering a constructive dismissal claim.","Executive shall perform the duties set out in Schedule A and such other duties as may reasonably be assigned by the Board. Executive shall have authority to bind the Company up to $[AMOUNT] without prior Board approval and shall report directly to [TITLE/NAME].","Defining duties so narrowly that any evolution of the role requires a formal contract amendment — or so broadly that the executive cannot hold the company accountable for a unilateral scope reduction.",{"name":304,"plain_english":305,"sample_language":306,"common_mistake":307},"Base salary and compensation review","States the annual base salary, payment frequency, and the schedule and process for periodic compensation reviews.","The Company shall pay Executive a base salary of $[AMOUNT] per year, payable in equal bi-weekly installments. The Company shall conduct a compensation review no less than annually, with any adjustment effective [DATE].","Omitting the review cadence entirely. Without it, executives can argue that a market-rate salary increase was implicitly promised based on industry custom.",{"name":309,"plain_english":310,"sample_language":311,"common_mistake":312},"Annual bonus and incentive compensation","States the target bonus as a percentage of base salary, the performance criteria on which it is based, and whether payment is discretionary or formula-driven.","Executive is eligible for an annual bonus of up to [X]% of base salary, based on achievement of performance objectives established by the Board each fiscal year. Any bonus payable under this Section is entirely discretionary and does not constitute a guaranteed entitlement.","Omitting the word 'discretionary' when the bonus is not guaranteed. Courts in several jurisdictions have found that a consistently paid bonus becomes a contractual entitlement even absent an explicit written promise.",{"name":314,"plain_english":315,"sample_language":316,"common_mistake":317},"Car allowance","Specifies the monthly or annual car allowance amount, the permitted use, reimbursement conditions, the executive's responsibility for insurance and maintenance, and tax treatment.","The Company shall pay Executive a monthly car allowance of $[AMOUNT], payable with each payroll cycle, to offset the cost of using Executive's personal vehicle for Company business. Executive is responsible for all insurance, maintenance, registration, and fuel costs. The car allowance is a taxable benefit and will be reported on Executive's annual tax statement.","Failing to specify that the car allowance is taxable. Treating it as a non-taxable reimbursement without proper expense substantiation can create payroll tax liability for both the employer and the executive.",{"name":319,"plain_english":320,"sample_language":321,"common_mistake":322},"Benefits, equity, and expenses","References the company's benefits program, any equity grant (addressed in a separate option agreement), and the policy for reimbursing reasonable business expenses.","Executive shall be eligible to participate in the Company's standard executive benefits program as in effect from time to time. Equity, if any, is governed by a separate equity award agreement. Business expenses reasonably incurred and pre-approved shall be reimbursed within [30] days of submission with receipts.","Incorporating specific benefit plan terms — coverage amounts, carrier names — into the body of the agreement. Plans change annually; locking in specifics creates amendment obligations or unmet expectations when the plan is updated.",{"name":324,"plain_english":325,"sample_language":326,"common_mistake":327},"Intellectual property assignment","Assigns to the company all work product, inventions, software, strategies, and other IP the executive creates in connection with their role, including work performed outside office hours on company-related matters.","Executive agrees that all work product, inventions, developments, and materials created by Executive in the course of employment, or relating to the Company's business or technology, are the sole property of the Company and are hereby irrevocably assigned to the Company without additional compensation.","Limiting IP assignment to work performed on company premises or using company equipment. Executives working remotely or on personal devices may create valuable IP — code, strategies, client methodologies — outside this narrow scope.",{"name":329,"plain_english":330,"sample_language":331,"common_mistake":332},"Confidentiality","Prohibits the executive from disclosing or using the company's confidential information — trade secrets, financial data, customer relationships, product roadmaps — during and after employment.","Executive shall not, during or after employment, disclose or use any Confidential Information of the Company without prior written consent. 'Confidential Information' includes all non-public information relating to the Company's business, technology, customers, personnel, and finances.","Defining 'Confidential Information' as 'everything' without carve-outs for publicly available information or information the executive knew before joining. Overbroad definitions are challenged in court and can render the entire clause unenforceable.",{"name":334,"plain_english":335,"sample_language":336,"common_mistake":337},"Non-compete and non-solicitation","Restricts the executive from joining competitors, starting a competing business, soliciting customers, or recruiting employees for a defined period and within a defined geographic scope after departure.","For [12] months following separation, Executive shall not: (a) engage in a Competing Business within [GEOGRAPHIC AREA]; (b) solicit any customer or prospective customer of the Company with whom Executive had material contact; or (c) recruit or solicit any Company employee.","Applying the same non-compete duration and geographic scope regardless of seniority or role. Courts routinely void restrictions that are disproportionate to the executive's actual access to competitive information, and a voided clause provides zero protection.",{"name":339,"plain_english":340,"sample_language":341,"common_mistake":342},"Termination, notice, and severance","States the notice period for voluntary or employer-initiated termination, the conditions constituting cause for immediate termination, and the severance formula payable on termination without cause.","Either party may terminate this Agreement with [X weeks'] written notice. The Company may terminate for Cause immediately without notice or severance. Upon termination without Cause, Executive shall receive [Y months' base salary] as severance, contingent on execution of a mutual release, payable over the Company's regular payroll cycle.","Omitting a severance formula or leaving it to future negotiation. Without a contractual formula, termination of a senior executive triggers expensive common-law or statutory notice claims that frequently exceed what either party anticipated.",[344,349,354,359,364,369,374,379],{"step":345,"title":346,"description":347,"tip":348},1,"Enter the legal entity names and executive's details","Use the company's full registered corporate name — not a brand or trade name — and the executive's legal name as it appears on government-issued ID. Confirm the job title, department, and reporting line with the board or hiring committee before inserting them.","Cross-check the employer entity name against your corporate registry filing to ensure exact alignment with payroll and benefits enrollment records.",{"step":350,"title":351,"description":352,"tip":353},2,"Set the start date and confirm employment type","Enter the official start date. For most executive arrangements, this will be an indefinite-term contract with at-will or notice-based termination depending on jurisdiction. For interim or fixed-term roles, state the end date explicitly.","Execute the agreement before or on the first day of work. Post-start-date signatures create a 'fresh consideration' problem in common-law jurisdictions that can void restrictive covenants.",{"step":355,"title":356,"description":357,"tip":358},3,"Complete the compensation and bonus block","Enter the annual base salary, payment frequency, and target bonus percentage. Mark all discretionary bonuses clearly. If equity is part of the package, reference the separate equity award agreement by name rather than embedding equity terms in this document.","State the salary currency explicitly, especially for executives who may work across borders or be paid through a foreign entity.",{"step":360,"title":361,"description":362,"tip":363},4,"Define the car allowance terms precisely","Insert the monthly or annual dollar amount, specify that it covers the executive's personal vehicle used for business purposes, and confirm that the executive bears responsibility for insurance, maintenance, and fuel. Include a statement that the allowance is a taxable benefit.","If the company intends the allowance to be non-taxable as an accountable-plan reimbursement, consult a tax advisor before finalizing this clause — IRS and CRA rules differ on what qualifies.",{"step":365,"title":366,"description":367,"tip":368},5,"Calibrate the non-compete and non-solicitation scope","Set the geographic area to where the executive actually operates and the duration to reflect their level of access to competitive intelligence — typically 12 months for VP-level, up to 24 months for CEO or CTO roles with deep proprietary knowledge. Confirm enforceability in the governing jurisdiction before finalizing.","Remove or significantly narrow non-compete language for executives based in California, Minnesota, or EU member states where post-employment restrictions are banned or require employee compensation.",{"step":370,"title":371,"description":372,"tip":373},6,"Set notice periods and the severance formula","Define the notice period for both voluntary resignation and employer-initiated termination without cause. Insert a severance formula — commonly 1–3 months per year of service for executives — and confirm it meets or exceeds the statutory minimum in the applicable jurisdiction.","Include a change-of-control provision if the company may be acquired. Double-trigger acceleration (termination within 12–18 months of a change of control) is standard for senior executives.",{"step":375,"title":376,"description":377,"tip":378},7,"Attach Schedule A for detailed duties","Move granular role responsibilities and KPIs to a Schedule A rather than embedding them in the body of the agreement. This allows duties to evolve without requiring a formal amendment to the main contract.","Have the executive initial Schedule A separately at signing to confirm they have reviewed the full scope of responsibilities.",{"step":380,"title":381,"description":382,"tip":383},8,"Execute before the start date and store the signed copy","Both parties must sign before the executive's first day. Use a timestamped eSign platform to create an auditable execution record. Store the fully executed agreement alongside the equity award agreement and benefits enrollment forms.","Send the agreement at least five business days before the start date to give the executive reasonable time to review — courts have used compressed signing timelines to void restrictive covenants.",[385,389,393,397,401,405],{"mistake":386,"why_it_matters":387,"fix":388},"Treating the car allowance as a non-taxable reimbursement without documentation","A flat monthly car allowance paid without requiring mileage logs or expense substantiation is a taxable wage under IRS and CRA rules. Treating it as non-taxable creates payroll tax exposure and potential penalties for both the employer and the executive.","Either classify the allowance as taxable income and withhold accordingly, or convert it to an accountable-plan reimbursement requiring mileage records at the IRS standard rate — and confirm which approach with a tax advisor before the agreement is signed.",{"mistake":390,"why_it_matters":391,"fix":392},"Executing the agreement after the executive's start date","In common-law jurisdictions, an executive who has already begun working provided no new consideration for post-start-date restrictions. IP assignment, non-compete, and confidentiality clauses signed after day one are routinely challenged and may be voided entirely.","Always execute the agreement before or on the first day of employment. If post-start signing is unavoidable, provide documented additional consideration — a signing bonus, enhanced severance, or extra equity — at the time of execution.",{"mistake":394,"why_it_matters":395,"fix":396},"Setting an overbroad or jurisdiction-inappropriate non-compete","Courts void non-competes that are unlimited in geography, cover unrelated industries, or apply beyond the period during which confidential information remains competitively relevant. A voided clause offers zero protection and can trigger fee-shifting in some states.","Limit scope to the specific markets, products, and geographies the executive actually managed. Use 12-month restrictions for most VP-level roles and confirm enforceability in the governing state or country before finalizing.",{"mistake":398,"why_it_matters":399,"fix":400},"No change-of-control provision for a senior executive","Without a change-of-control clause, an acquired executive has no contractual basis to receive enhanced severance or accelerated equity vesting if the acquirer restructures or terminates the role — which is common within 12 months of a deal closing.","Include a double-trigger change-of-control provision: enhanced severance (typically 12–24 months' base plus target bonus) becomes payable if the executive is terminated without cause or resigns for good reason within 12–18 months of a qualifying transaction.",{"mistake":402,"why_it_matters":403,"fix":404},"Referencing specific benefit plan details inside the agreement","Benefits plans change annually. Naming specific coverage levels, carriers, or dollar caps inside the contract creates amendment obligations or breach claims when the plan is updated.","Reference benefits by category only — 'Company's standard executive benefits program as amended from time to time' — and provide the current plan summary as a separate, non-contractual document.",{"mistake":406,"why_it_matters":407,"fix":408},"No entire-agreement clause","Without an integration clause, prior offer letters, emails, and verbal commitments — including informal car allowance promises or bonus guarantees — can be introduced as enforceable contractual terms that override the written agreement.","Include a standard entire-agreement clause stating that the written contract, together with its schedules, constitutes the complete agreement and supersedes all prior representations and understandings.",[410,413,416,419,422,425,428,431,434],{"question":411,"answer":412},"What is an executive employment agreement with car allowance?","An executive employment agreement with car allowance is a legally binding contract between a company and a senior-level employee that governs the full terms of the working relationship, including a dedicated provision for a monthly or annual vehicle allowance. It covers position, compensation, bonus, car allowance amount and conditions, benefits, IP assignment, confidentiality, non-compete restrictions, termination notice, and severance in a single enforceable document. The car allowance clause distinguishes it from a standard executive agreement and requires careful tax treatment.\n",{"question":414,"answer":415},"Is a car allowance considered taxable income?","In most cases, yes. A flat monthly car allowance paid without requiring mileage logs or business-expense substantiation is treated as taxable wages under IRS rules in the US and CRA rules in Canada, subject to income tax and payroll tax withholding. If the employer wants the allowance to be tax-free, it must be structured as an accountable-plan reimbursement — requiring the executive to submit mileage records at the applicable standard rate. UK and EU treatment varies by country; consult a local tax advisor before finalizing the clause.\n",{"question":417,"answer":418},"What should the car allowance clause include?","The car allowance clause should specify the monthly dollar amount, state that it is intended to offset the cost of the executive's personal vehicle used for company business, confirm that the executive bears responsibility for insurance, maintenance, registration, and fuel, and disclose that the allowance constitutes a taxable benefit. If mileage reimbursement above the allowance is also available, the conditions and rate should be stated separately.\n",{"question":420,"answer":421},"What severance is typical for an executive employment agreement?","For VP-level executives, a common formula is 3–6 months of base salary for termination without cause. For C-suite roles, 6–12 months is standard, with some agreements providing 12–24 months plus a pro-rated target bonus. Change-of-control provisions at the executive level typically provide enhanced severance of 12–24 months' total compensation, payable on a double trigger. In Canada and the UK, contractual severance must meet or exceed statutory minimums regardless of what the contract states.\n",{"question":423,"answer":424},"Are non-compete clauses enforceable in executive employment agreements?","Enforceability depends entirely on the jurisdiction and the scope of the restriction. California, Minnesota, and Oklahoma ban or severely restrict post-employment non-competes for most workers, including executives. In jurisdictions that permit them, courts enforce restrictions that are reasonable in duration — typically 12 months for most executives, up to 24 months for CEOs or CTOs with deep proprietary access — and proportionate in geographic scope. Overbroad restrictions are struck down entirely rather than narrowed in several states, leaving the employer with no protection.\n",{"question":426,"answer":427},"What is a change-of-control clause and should it be included?","A change-of-control clause defines the executive's rights and entitlements if the company is acquired, merges, or undergoes a significant ownership change. It typically provides for enhanced severance and accelerated equity vesting on a double trigger — meaning the executive must both experience the change of control and be terminated without cause or resign for good reason within a defined window, usually 12–18 months post-transaction. For any senior executive with equity or long-term incentive compensation, including this clause is strongly recommended.\n",{"question":429,"answer":430},"Does this agreement need to be signed before the executive's start date?","Yes, and this is critical. In common-law jurisdictions including the US, Canada, the UK, and Australia, a contract requires consideration — something of value given in exchange — to be enforceable. An executive who has already started work gave no new consideration for restrictions signed after day one. Courts have voided IP assignment, non-compete, and confidentiality clauses on this basis. Always execute before or on the first day, or provide documented additional compensation when signing later.\n",{"question":432,"answer":433},"How does this agreement differ from a standard executive employment agreement?","The primary difference is the dedicated car allowance clause, which adds tax treatment obligations, insurance and maintenance responsibility allocations, and business-use conditions that a standard executive agreement does not address. Both agreements cover the same core framework — salary, bonus, IP, confidentiality, non-compete, and termination — but the car allowance version requires additional coordination with the company's payroll and tax functions to ensure the allowance is properly classified and reported.\n",{"question":435,"answer":436},"Do I need a lawyer to draft this agreement?","For most domestic executive hires at the VP level, a high-quality template reviewed by an employment lawyer is sufficient. Engage a lawyer when the executive's package includes significant equity, when the hire is in a jurisdiction with complex employment law such as Ontario, California, or the UK, when non-compete enforceability is commercially critical, or when a change-of-control provision involves material financial exposure. A 1–3 hour template review typically costs $400–$800 and is well justified for C-suite engagements.\n",[438,442,446,450,454,458],{"industry":439,"icon_asset_id":440,"specifics":441},"Financial services","industry-fintech","Car allowances are standard for regional directors and relationship managers with client portfolios requiring regular in-person visits; non-solicitation clauses must cover both clients and regulated counterparties.",{"industry":443,"icon_asset_id":444,"specifics":445},"Manufacturing and distribution","industry-manufacturing","Senior plant managers and supply chain VPs often receive vehicle allowances for multi-site oversight; agreements should address travel zones and the interaction between the car allowance and separate mileage reimbursement policies.",{"industry":447,"icon_asset_id":448,"specifics":449},"Healthcare and life sciences","industry-healthtech","Regional medical directors and pharmaceutical sales executives with territory responsibilities commonly receive car allowances; confidentiality clauses must extend to patient data and proprietary compound information.",{"industry":451,"icon_asset_id":452,"specifics":453},"Professional services","industry-professional-services","Partners and senior principals at consulting or accounting firms receive vehicle allowances tied to client-site engagement requirements; non-solicitation of clients is the critical restrictive covenant in this sector.",{"industry":455,"icon_asset_id":456,"specifics":457},"Technology and SaaS","industry-saas","Enterprise sales VPs and field CTO roles with large territory responsibilities often carry vehicle allowances; IP assignment clauses must cover software, algorithms, and client implementation methodologies.",{"industry":459,"icon_asset_id":460,"specifics":461},"Retail and consumer goods","industry-retail","District managers and national account directors with multi-location oversight receive car allowances as a standard component of field-leadership compensation; change-of-control provisions are especially relevant given frequent M&A activity in the sector.",[463,466,468,470],{"vs":464,"vs_template_id":231,"summary":465},"Executive Employment Agreement (no car allowance)","The standard executive employment agreement covers the same core framework — salary, bonus, IP, confidentiality, non-compete, and termination — but omits vehicle allowance provisions entirely. Use the standard version when the executive role does not require regular business travel by personal vehicle. Add the car allowance version when a monthly vehicle benefit is part of the agreed compensation package, as the tax treatment and responsibility allocations require dedicated contract language.",{"vs":234,"vs_template_id":235,"summary":467},"A standard at-will employment contract is designed for non-executive hires and lacks the enhanced compensation structure, change-of-control protections, and expanded restrictive covenants appropriate for senior roles. Executive agreements carry higher severance obligations, more detailed IP and non-compete provisions, and equity references that a standard at-will template does not address. Use the executive version for any VP, C-suite, or senior director hire.",{"vs":108,"vs_template_id":238,"summary":469},"An independent contractor agreement engages a self-employed individual for defined deliverables with no employment entitlements — no car allowance, no benefits, no payroll tax withholding. Misclassifying a senior executive who functions as an employee under a contractor agreement creates significant tax and labor-law exposure. The degree of control the company exercises over how, when, and where the person works is the primary test for classification.",{"vs":245,"vs_template_id":246,"summary":471},"A remote work employment agreement addresses the logistics, equipment, data security, and expense reimbursement obligations specific to fully remote roles. A car allowance is rarely appropriate for exclusively remote executives who have no regular client-site or office-travel requirement. If the executive works remotely but travels regularly for business, the executive agreement with car allowance is the correct instrument, potentially supplemented by a remote-work policy addendum.",{"use_template":473,"template_plus_review":477,"custom_drafted":481},{"best_for":474,"cost":475,"time":476},"VP and senior director hires in a single US state or Canadian province with straightforward compensation and no equity component","Free","30–60 minutes",{"best_for":478,"cost":479,"time":480},"C-suite executives, cross-border hires, roles with equity, or jurisdictions with complex employment law such as California, Ontario, or the UK","$400–$800","2–5 business days",{"best_for":482,"cost":483,"time":484},"CEO or CFO engagements with significant equity, change-of-control exposure, or multi-jurisdiction employment arrangements","$2,000–$6,000+","1–3 weeks",[486,491,496,501],{"code":487,"name":488,"flag_asset_id":489,"note":490},"us","United States","flag-us","At-will employment is the default in 49 states; Montana requires cause after a probationary period. A flat car allowance is taxable wages under IRS rules unless structured as an accountable-plan reimbursement with mileage substantiation at the IRS standard rate (67 cents per mile in 2024). Non-compete enforceability varies sharply by state — California, Minnesota, and Oklahoma ban most post-employment restrictions, including for executives. California also limits IP assignment for off-duty inventions under Labor Code §2870.",{"code":492,"name":493,"flag_asset_id":494,"note":495},"ca","Canada","flag-ca","At-will employment does not exist in Canada. Provincial Employment Standards Acts set minimum termination and severance entitlements that cannot be contracted below; Ontario common-law notice for senior executives can reach 12–24 months in practice. Car allowances are taxable benefits under CRA rules and must be included in the executive's T4 unless substantiated as a per-kilometer reimbursement at the CRA prescribed rate. Quebec-based employers must provide the contract in French for provincially regulated workplaces.",{"code":497,"name":498,"flag_asset_id":499,"note":500},"uk","United Kingdom","flag-uk","Employers must provide a written statement of employment particulars on or before the first day of work. Car allowances are generally treated as taxable earnings and subject to PAYE and National Insurance; a company car benefit-in-kind attracts a separate BIK tax charge. Post-termination non-competes require a legitimate business interest and reasonable scope to be enforceable; garden leave is commonly used to protect against competitive harm during the notice period. Statutory minimum notice is one week per year of service after two years, capped at 12 weeks.",{"code":502,"name":503,"flag_asset_id":504,"note":505},"eu","European Union","flag-eu","The EU Transparent and Predictable Working Conditions Directive requires written employment terms within seven days of the hire start date. Car allowance tax treatment varies by member state — Germany, France, and the Netherlands each have distinct rules on what qualifies as a non-taxable fleet benefit versus taxable income. Post-employment non-competes typically require the employer to pay financial compensation to the executive during the restriction period, ranging from 25 to 100 percent of salary depending on the country. Data collected during employment is subject to GDPR and must be addressed in the confidentiality clause.",[231,235,238,507,508,242,246,509,510,511,512,513],"job-offer-letter-long-D12769","non-disclosure-agreement-nda-D12692","employee-handbook-D712","employee-dismissal-letter-D508","employee-separation-agreement-D12842","general-non-compete-agreement-D882","expense-report-D13396",{"emit_how_to":197,"emit_defined_term":197},{"primary_folder":104,"secondary_folder":516,"document_type":517,"industry":518,"business_stage":519,"tags":520,"confidence":526},"employment-and-contractors","agreement","general","all-stages",[521,522,523,524,525],"employment-agreement","executive-hire","compensation","car-allowance","severance",0.95,"\u003Ch2>What is an Executive Employment Agreement with Car Allowance?\u003C/h2>\n\u003Cp>An \u003Cstrong>Executive Employment Agreement with Car Allowance\u003C/strong> is a legally binding contract between a company and a senior-level employee — typically a C-suite officer, vice president, or senior director — that governs every material dimension of the working relationship and includes a dedicated provision for a monthly or annual vehicle allowance. It establishes the executive's position, authority, and reporting structure; specifies base salary, discretionary bonus, and the car allowance amount and conditions; covers intellectual property assignment, confidentiality obligations, and post-employment non-compete and non-solicitation restrictions; and defines termination notice periods, severance entitlements, and governing law. The car allowance clause is not cosmetic — it carries specific tax treatment requirements, insurance responsibility allocations, and business-use conditions that a standard executive agreement does not address and that must be handled correctly to avoid payroll tax exposure for both the employer and the executive.\u003C/p>\n\u003Ch2>Why You Need This Document\u003C/h2>\n\u003Cp>Onboarding a senior executive without a properly drafted written agreement exposes the company on multiple fronts simultaneously. Without an IP assignment clause, strategic frameworks, client methodologies, or proprietary code the executive develops during employment may not legally belong to the company. Without enforceable non-compete and non-solicitation language, a departing executive can immediately join a competitor and call every customer they managed. Without a documented severance formula, termination of a C-suite hire triggers open-ended common-law notice claims — awards of 12 to 24 months' pay are not unusual for long-tenured executives in Canada and the UK. And without explicit car allowance terms addressing tax treatment, a well-intentioned vehicle benefit can become an unbudgeted payroll tax liability discovered during a CRA or IRS audit. This template closes all four gaps in a single document, and a one-to-three hour legal review ensures the restrictive covenants are calibrated to hold up in the jurisdictions that matter most to your business.\u003C/p>\n",1781186024431]