The article focuses on two employments of college presidents Judy L. Genshaft of the University of South Florida and Lester A. Lefton of Kent State University. An excerpt from Genshaft's contract details that while she may pursue outside activities, they may not compete with the university'...
It’s ideal from a legal standpoint if you turn down the offer before you sign any employment contracts. Even if you already have, though, the faster the company knows, the higher the chances they’ll be able to pivot to another candidate without needing to start their search all over. T...
These commonly include general employment contracts, non-compete agreements, and independent contractor agreements, for example. Supplier contracts: Supplier agreements are legal contracts between businesses and suppliers that regulate the exchange of goods and products. Examples of common supplier ...
Almost all employment contracts are at-will in the United States. It’s still best to make mention of it unless the position is expected to be under contract. At which point, say so. Start date. Make it clear when the candidate is expected to start. If this has been discussed before,...
Implied contracts are based on the conduct of the parties, without explicitly stated terms. Common contract types include non-disclosure agreements, bills of sale, promissory notes, employment contracts, and licensing agreements. What Is a Contract? When looking for examples of contracts, it's impor...
For employers, the primary benefit lies in the flexibility to adapt their workforce to changing business needs without the constraints of fixed-term contracts. This flexibility allows for the swift reallocation of resources, adjustments to staffing levels, and modifications to employment terms in respons...
Contract clauses are typically found in contracts relating to employment, property transactions, and legal disputes. They are used to protect both parties involved in the contract by outlining their responsibilities and rights. The most common clauses are termination, assignment, and liquidation clause...
automate HR workflows. HR staff often has to confirm employment histories and perform reference checks. Smart contracts couldease onboarding new employeesby simplifying these verification tasks. In addition, smart contracts on blockchain could help enforce the terms of employment contracts and process ...
however, employees with signed employment contracts generally have a degree of job security for the length of the contract as long as they do not violate any contract conditions.
Employment contracts (e.g.,non-compete,non-disclosure, and non-solicitation agreements) Mergers and acquisitions(M&A) contracts Loan documents Real estate agreements Restrictive Covenants in Real Estate Restrictive covenants are common in real estate. They mandate owners and tenants to avoid or take sp...