As a professional, I have written an article on “addendum to the employment contract sample” that will explain what an addendum is, why you may need one in your employment contract, and provide an example of what one may look like.
What is an addendum to an employment contract?
An addendum is a document that modifies or supplements an existing contract. In the case of an employment contract, an addendum may be necessary to modify specific terms, add additional clauses or responsibilities, or address any unresolved issues that were not covered in the original agreement.
Why might you need an addendum to your employment contract?
Employment contracts are legal documents that outline the terms and conditions of employment between an employer and an employee. However, circumstances may arise during the course of employment that require changes to the original agreement. For example, an employee may receive a promotion that comes with new responsibilities, or the company may need to make changes to its policies or procedures that affect the employee`s job.
In these situations, an addendum can be used to modify or supplement the original contract without the need to renegotiate the entire agreement. This can save time and resources and ensure that both parties are on the same page.
Sample addendum to an employment contract:
Below is an example of what an addendum to an employment contract may look like. This is just one example and it is important to note that the addendum should be tailored to meet the specific needs and circumstances of the employer and employee.
ADDENDUM TO EMPLOYMENT CONTRACT
This addendum is entered into between [EMPLOYER NAME], hereinafter referred to as the “Employer,” and [EMPLOYEE NAME], hereinafter referred to as the “Employee,” and is effective as of [DATE].
1. Additional Responsibilities: The Employee`s job duties will be modified to include the following responsibilities [INSERT RESPONSIBILITIES].
2. Compensation: The Employee`s compensation will be increased to reflect the additional responsibilities, effective as of [DATE], to [INSERT COMPENSATION AMOUNT].
3. Termination: This addendum does not in any way modify the termination provisions of the original employment contract.
4. Entire Agreement: This addendum constitutes the entire agreement between the parties and supersedes all prior understandings or agreements, whether verbal or written.
IN WITNESS WHEREOF, the parties have executed this addendum as of the date first written above.
[EMPLOYER NAME]
By: _____________________________
[EMPLOYEE NAME]
By: _____________________________
In conclusion, an addendum can be a useful tool in modifying or supplementing an employment contract. It allows for changes to be made without the need to renegotiate the entire agreement, saving time and resources. However, it is important to ensure that the addendum is tailored to meet the specific needs and circumstances of the employer and employee.
