At-will employment contracts are intended to be used by Parties intending to hire employees but intend that the employment relationship remain at-will, enabling either Party to terminate the relationship at any time without further obligation. At will employee contracts can used to dictate the employer?s and employee?s respective rights and obligations in the employment relationship.
The key terms of employment contracts include:
a. Terms of at-will relationship;
b. Compensation to be paid;
c. Bonus and stock options;
d. Employee obligations;
e. Intellectual property matters;
f. Dispute resolutions.