Example of a offer letter this is mine. ive removed all important info about me or my company.
Dear (ME)
On behalf of __________or the “Company”) we are pleased to offer you employment (the “Offer”) as a Credit & Risk Analyst February 19, 2019. The position will be located in our Toronto, Ontario office and will be reporting to Manager, Credit.
Job Duties
You will be responsible for driving our resolutions effort with a focus on delinquency reduction, mitigation of charge off while providing a positive client experience. The Company reserves the right to make appropriate changes to your job duties as necessary to respond to current business needs.
As an employee of the Company, you will be subject to all Company policies and procedures, and any revisions thereto.
Conditional Offer of Employment
This Offer is conditional upon the receipt of a satisfactory:
1. Professional employment check(s);
2. Criminal check; and
3. Credit check.
Probationary Period
The first three (3) months of your employment is a probationary period (the “Probationary Period”), during which time the Company will assess your performance and determine your suitability. At any time prior to the end of your Probationary Period, the Company may terminate your employment, for any reason, upon providing you with accrued wages and vacation pay, and any other minimum entitlements as required by the Ontario Employment Standards Act, 2000, as amended from time to time.
Remuneration
Your compensation package is comprised of the following items:
· Annual salary of $51,000.00 per annum.
· After successful completion of your 90-day probation you will be enrolled in our quarterly bonus program and company benefit program.
· Eligibility to participate in the employee share ownership plan with a target annual equity bonus equivalent to 10% of annual salary, subject to approval by the Board of Directors
Vacation
You shall be entitled to two (2) weeks’ vacation per year of active service. Vacation entitlement will accrue on a monthly basis at the rate of 0.83 days per month and will be scheduled to meet current business requirements. Vacation will be prorated during the first year of employment. Vacation entitlement must be taken by December 31 of each calendar year or it is forfeited, subject to complying with minimum entitlements as required by the Ontario Employment Standards Act, 2000, as amended from time to time.
Confidentiality
You acknowledge that you will acquire information about certain matters which are confidential to the Company and which information is the exclusive property of the Company including but not limited to clients and accounts, information concerning products and services, trade secrets and know-how, computer programs and the financial history of the Company. You acknowledge that such information (“Confidential Information”) could be used to the detriment of the Company and therefore you shall not disclose such information in any manner, directly or indirectly, to any person without the prior written consent of the Company.
Intellectual Property
You agree that all right, title and interest in all designs, inventions, methodologies, concepts, documentation, specifications and any other works developed by you during your employment (the “Works”) including but not limited to all patent, copyright, trade-mark, trade secret and any other intellectual property and proprietary rights therein (the “Intellectual Property Rights”) shall be the sole and exclusive property of the Company and you hereby assign and shall assign to the Company all such Intellectual Property Rights and waive all moral rights that you may have in such Works for the benefit of the Company and its successors, assigns and licensees. You represent and warrant that the Works will not infringe the intellectual property and proprietary rights of any third parties. You shall not disclose the Works to any third parties without the prior written consent of the Company.
Non-Solicitation
You agree that during your employment and for a period of twelve (12) months following the termination of your employment for any reason, you will not solicit by mail, phone, electronic communication, personal meeting, or any other means, either directly or indirectly, business from any customer of the Company who you served or interacted with in the course of your duties during the last twelve (12) months of your employment. Your agreement not to solicit means that you will not, during your employment in any capacity, and for a period of twelve (12) months thereafter, initiate any contact or communication, of any kind whatsoever, for the purpose of inviting, encouraging or requesting any Company customer to transfer from the Company to you, to your new employer or to any entity to which you have a direct or indirect interest (“Organization”), to open a new account with you, with your new employer or Organization, or to otherwise discontinue its patronage and business relationship with the Company.
You agree that during your employment and for a period of twelve (12) months from the termination of your employment for any reason, you will not, either directly or indirectly interfere with the employee/independent contractor relationships between the Company and any of its employees and/or independent contractors and will not in any way solicit, recruit, hire, assist others in recruiting, hiring, or discuss employment or contractual arrangements with any employees or independent contractors of the Company.
Return of Documents
You agree that all documents (including, without limitation, software and information in machine-readable form) of any nature pertaining to activities of the Company or any subsidiary or other affiliate of the Company, including, without limitation, Confidential Information, in your possession now or at any time during your employment, are and shall be the property of the Company or such subsidiary or other affiliate, and that all such documents and all copies of them shall be surrendered to the Company whenever requested by the Company.
Termination
While it is our hope that your working relationship with the Company will be both lengthy and rewarding, we feel it is important to address the terms that will apply if it becomes necessary to end our relationship.
Just Cause:
The Company may terminate your employment at any time for just cause. Should the Company terminate your employment with just cause, you shall not receive any notice or severance pay, or any other payments whatsoever, other than any accrued wages and vacation entitlements to the date of termination, and any other minimum entitlements you may have, in accordance with the minimum standards set out in the Ontario Employment Standards Act, 2000, as amended from time to time.
Without Cause:
After the completion of the Probationary Period, the Company may terminate your employment at any time on a without cause basis. Should your employment be terminated without cause, you shall receive your accrued wages and vacation entitlements to the date of termination, and your minimum entitlements to notice or pay in lieu of notice, severance pay (if applicable), benefits continuation, vacation pay accrual, and any other minimum entitlements you may have, as required by the Ontario Employment Standards Act, 2000, as amended from time to time. For purposes of clarity, you agree that this paragraph is inclusive of all entitlements to notice or pay in lieu of notice that you shall have on the without cause termination of your employment, and that you shall not be entitled to common law reasonable notice or compensation in lieu of common law reasonable notice.
Resignation
In the event that you decide to resign from your employment, we ask that you provide us with three (3) weeks’ notice of resignation (the “Resignation Notice Period”). In the event that you accept employment with a competitor prior to or during the Resignation Notice Period, the Company may terminate the employment relationship immediately without any obligation to provide you with notice or pay in lieu of notice. Furthermore, the Company will not be obligated to pay you for the remainder of the Resignation Notice Period.
Change of Terms of Employment