Although Commercial and Employment Contracts are distinctly different forms of agreements they are critically important to all businesses and require careful attention when being drafted or assessed.
Commercial Contracts include sales, service agreements, partnerships and leases and may include such matters as payment terms, delivery schedules, intellectual property clauses and dispute resolution mechanisms.
Employment Contacts on the other hand include terms of employment, including salary, working hours, leave entitlements, and termination conditions. Employment Contracts for senior/managerial staff are an area that need to be carefully considered in terms of the content and nature of any Agreement that is being considered. Once again, our primary objective is to do whatever we can to ensure the relevant parties are not confronted with issues that may arise in litigation.
For either commercial or employment contracts ensure you obtain expert legal advice and guidance.
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