Dear Ali Faisal,
We’re delighted to extend this offer of employment for the position of “Electrical Engineer” with Toronto Oil and Gas Company, Ontario, Canada. Please review this summary of terms and conditions for your anticipated employment with us.
If you accept this offer, your start date will be “15th March 2019” or another mutually agreed upon date and you would report to the company's supervisor, Mrs Ivy Green.
Please find below the terms and conditions of your employment, should you accept this offer letter:
This is a full-time position. While you are employed at this Company, you will not engage in any other employment, consulting or other business activity (whether full-time or part-time) that would create a conflict of interest with the Company.
By signing this letter of agreement, you confirm that you have no contractual commitments or other legal obligations that would prohibit you from performing your duties for the Company.
Cash Compensation: The Company will pay you a starting salary at the rate of “CAD 7,100.00” per month, payable in accordance with the Company’s standard payroll schedule.
This salary will be subject to adjustment pursuant to the Company’s employee compensation policies in effect from time to time.
In addition, you will be eligible to be considered for an incentive bonus for each fiscal year of the Company. The bonus (if any) will be awarded based on objective or subjective criteria established by the Company’s Chief Executive Officer and approved by the Company’s Board of Directors.
Your target bonus will be equal to 15% of your annual base salary. Any bonus for the fiscal year in which your employment begins will be prorated, based on the number of days you are employed by the Company during that fiscal year.
Any bonus for a fiscal year will be paid within one month after the close of that fiscal year, but only if you are still employed by the Company at the time of payment.
The determinations of the Company’s Board of Directors with respect to your bonus will be final and binding.
This is a Full-time position requiring approximately 35-40 Hours per week.
including:
Employee Benefits. As a regular employee of the Company, you will be eligible to participate in a number of Company-sponsored benefits. In addition, you will be entitled to paid vacation in accordance with the Company’s vacation policy.
The Company offers a comprehensive employee benefits programs such as:
*Health Care
*Retirement
*Workplace Flexibility
*Wellness Program
*Annual leave with pay
Termination. The Company reserves the right to terminate employment of any employee for just cause at any time without notice and without payment in lieu of notice.
The Company will be entitled to terminate your employment for any reason other than for just cause, upon providing to you such minimum notice as required by law.
Proprietary Information and Inventions Agreement. Like all Company employees, you will be required, as a condition of your employment with the Company, to sign the Company’s standard Proprietary Information and Inventions Agreement.
Privacy. You are required to observe and uphold all of the Company’s privacy policies and procedures as implemented or varied from time to time. Collection, storage, access to and dissemination of employee personal information will be in accordance with privacy legislation.
Tax Matters.
Withholding. All forms of compensation referred to in this letter agreement are subject to reduction to reflect applicable withholding and payroll taxes and other deductions required by law.
Tax Advice. You are encouraged to obtain your own tax advice regarding your compensation from the Company.
You agree that the Company does not have a duty to design its compensation policies in a manner that minimizes your tax liabilities, and you will not make any claim against the Company or its Board of Directors related to tax liabilities arising from your compensation.
Interpretation, Amendment and Enforcement. This letter agreement supersedes and replaces any prior agreements, representations or understandings (whether written, oral, implied or otherwise) between you and the Company and constitute the complete agreement between you and the Company regarding the subject matter set forth herein.
This letter agreement may not be amended or modified, except by an express written agreement signed by both you and a duly authorized officer of the Company. You may indicate your agreement with these terms and accept this offer by signing and dating this agreement on or before Offer Expires.
Upon your acceptance of this employment offer, Toronto Oil and Gas Company, will provide you with the necessary paperwork and further instructions.
Sincerely,
HR Manager,
Mr. Ian Smith.
Employee’s (Full Names)____________________________________________
Employee’s (Date / Signature)______________________________________
We’re delighted to extend this offer of employment for the position of “Electrical Engineer” with Toronto Oil and Gas Company, Ontario, Canada. Please review this summary of terms and conditions for your anticipated employment with us.
If you accept this offer, your start date will be “15th March 2019” or another mutually agreed upon date and you would report to the company's supervisor, Mrs Ivy Green.
Please find below the terms and conditions of your employment, should you accept this offer letter:
This is a full-time position. While you are employed at this Company, you will not engage in any other employment, consulting or other business activity (whether full-time or part-time) that would create a conflict of interest with the Company.
By signing this letter of agreement, you confirm that you have no contractual commitments or other legal obligations that would prohibit you from performing your duties for the Company.
Cash Compensation: The Company will pay you a starting salary at the rate of “CAD 7,100.00” per month, payable in accordance with the Company’s standard payroll schedule.
This salary will be subject to adjustment pursuant to the Company’s employee compensation policies in effect from time to time.
In addition, you will be eligible to be considered for an incentive bonus for each fiscal year of the Company. The bonus (if any) will be awarded based on objective or subjective criteria established by the Company’s Chief Executive Officer and approved by the Company’s Board of Directors.
Your target bonus will be equal to 15% of your annual base salary. Any bonus for the fiscal year in which your employment begins will be prorated, based on the number of days you are employed by the Company during that fiscal year.
Any bonus for a fiscal year will be paid within one month after the close of that fiscal year, but only if you are still employed by the Company at the time of payment.
The determinations of the Company’s Board of Directors with respect to your bonus will be final and binding.
This is a Full-time position requiring approximately 35-40 Hours per week.
including:
Employee Benefits. As a regular employee of the Company, you will be eligible to participate in a number of Company-sponsored benefits. In addition, you will be entitled to paid vacation in accordance with the Company’s vacation policy.
The Company offers a comprehensive employee benefits programs such as:
*Health Care
*Retirement
*Workplace Flexibility
*Wellness Program
*Annual leave with pay
Termination. The Company reserves the right to terminate employment of any employee for just cause at any time without notice and without payment in lieu of notice.
The Company will be entitled to terminate your employment for any reason other than for just cause, upon providing to you such minimum notice as required by law.
Proprietary Information and Inventions Agreement. Like all Company employees, you will be required, as a condition of your employment with the Company, to sign the Company’s standard Proprietary Information and Inventions Agreement.
Privacy. You are required to observe and uphold all of the Company’s privacy policies and procedures as implemented or varied from time to time. Collection, storage, access to and dissemination of employee personal information will be in accordance with privacy legislation.
Tax Matters.
Withholding. All forms of compensation referred to in this letter agreement are subject to reduction to reflect applicable withholding and payroll taxes and other deductions required by law.
Tax Advice. You are encouraged to obtain your own tax advice regarding your compensation from the Company.
You agree that the Company does not have a duty to design its compensation policies in a manner that minimizes your tax liabilities, and you will not make any claim against the Company or its Board of Directors related to tax liabilities arising from your compensation.
Interpretation, Amendment and Enforcement. This letter agreement supersedes and replaces any prior agreements, representations or understandings (whether written, oral, implied or otherwise) between you and the Company and constitute the complete agreement between you and the Company regarding the subject matter set forth herein.
This letter agreement may not be amended or modified, except by an express written agreement signed by both you and a duly authorized officer of the Company. You may indicate your agreement with these terms and accept this offer by signing and dating this agreement on or before Offer Expires.
Upon your acceptance of this employment offer, Toronto Oil and Gas Company, will provide you with the necessary paperwork and further instructions.
Sincerely,
HR Manager,
Mr. Ian Smith.
Employee’s (Full Names)____________________________________________
Employee’s (Date / Signature)______________________________________
