Write 1 page contract that explains worker agreement to work without salary for a while and only receiving wages?
Wages
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Jul 9
Worker Agreement
This agreement is made between [Worker Name] (hereinafter referred to as the "Worker") and [Company Name] (hereinafter referred to as the "Company") on this [Date].
The Worker agrees to work for the Company without receiving a salary for a period of [Time Period]. During this time, the Worker will only receive wages based on the work performed.
The Worker understands that by agreeing to work without a salary, they will be compensated solely based on the hours worked and the tasks completed. The Worker acknowledges that they will not receive any additional benefits or compensation during this period.
The Company agrees to provide the Worker with a fair wage for the work performed, in accordance with industry standards and the Worker's level of experience and expertise. The Company also agrees to provide the Worker with a safe and supportive work environment.
The Worker agrees to perform their duties to the best of their ability and to adhere to the Company's policies and procedures. The Worker also agrees to maintain confidentiality regarding any sensitive information they may come across during the course of their work.
This agreement is binding upon both parties and may not be modified or terminated without the written consent of both parties. This agreement shall be governed by the laws of [State/Country].
In witness whereof, the parties hereto have executed this agreement as of the date first above written.
This Agreement shall commence on [Start Date] and shall continue until [End Date] or until terminated earlier in accordance with the terms of this Agreement.
Duties and Responsibilities
The Employee agrees to perform the following duties and responsibilities:
- [List of duties and responsibilities]
Compensation
- During the period from [Start Date] to [End Date], the Employee will not receive a salary. - After [End Date], the Employee will be paid wages in accordance with the Employer's prevailing wage scale.
Working Hours
The Employee agrees to work the following hours:
- [List of working hours]
Benefits
The Employee will not be eligible for any benefits, including health insurance, paid time off, or retirement contributions, during the period when the Employee is not receiving a salary.
Termination
This Agreement may be terminated by either party upon 30 days' written notice.
Confidentiality
The Employee agrees to keep confidential all information of the Employer, including trade secrets, customer lists, and financial information.
Non-Competition
The Employee agrees not to compete with the Employer in any capacity for a period of one year following the termination of this Agreement.
Entire Agreement
This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements, written or oral.
Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of [State].
Acceptance
By signing below, the parties indicate their acceptance of the terms of this Agreement.