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Eon-Labs KB

Employment Contract

Source: Notion | Last edited: 2022-10-07 | ID: 70e1c468-d3c...

  1. What type of employment is this contract for?
  2. Full time (permanent)
  3. When will the employee start work?
  4. November 1, 2022
  5. Is the job located in British Columbia?
  6. Yes
  7. Who is the employer?
  8. Eon Labs Ltd
  9. 180 Chesterfield Ave, North Vancouver, BC V7M 1C5, Canada
  10. Who is being hired?
  11. Alexander Loginov
  13. What is Alexander Loginov being hired as?
  14. Machine Learning Research Scientist
  15. The employee will typically work 80 hours per week
  16. Do you want to list Alexander Loginov’s responsibilities?
  17. Develop algorithmic trading software
  18. How long will Alexander Loginov be on probation
  19. 6 months
  20. Probation is a trial period that allows the employer to monitor the employee’s performance and end the employment relationship without notice. There is no statutory prescribed maximum probationary period in any jurisdiction in Canada. However, the employer must meet minimum employment standards. Once an employee in British Columbia has worked at least 3 months, the employee is entitled to a statutory minimum notice of termination.
  21. How will Alexander Loginov be paid?
  22. Salary amount: $80k/Year
  23. How often will Alexander Loginov get paid?
  24. End of the month
  25. What will the starting annual vacation time be?
  26. 3 weeks
  27. The minimum vacation period required in British Columbia is 2 weeks every year after the first year, and 3 weeks every year after 5 years.
  28. Where is Alexander Loginov expected to work?
  29. Address of primary work location 1. ________________________________
  30. How much notice will Eon Labs Ltd have to give before ending the employment relationship?
  31. 1 week
  32. The statutory minimum notice of termination in British Columbia is: 1. 1 week after 3 months 1. 2 weeks after 1 year 1. 3 weeks plus one week for each additional year after 3 years to a maximum of 8 weeks.
  33. **Will Alexander Loginov have a duty to not reveal confidential information after their employment ends?**YesNo
  34. Yes
  35. How long will the confidentiality obligations last?
  36. 5 years
  37. Will Alexander Loginov be prevented from hiring the employer’s contractors/employees?
  38. Yes
  39. Contractors/employees cannot be hired for
  40. 5 years
  41. Will Alexander Loginov be prevented from competing with you after their employment ends?
  42. Yes
  43. After employment ends, competition is prevented for
  44. 3 years
  45. Is there anything else you would like to include in your Employment Contract?
  46. For example: Special employee benefits such as discounts or stock options. 1. ___________________________________________________