RECRUITMENT OFFICE: 4111 E. 37th St. North Wichita, KS
Koch Industries Contract Agreement Letter
As a Senior Vice President, Human Resources of Koch Industries Inc., I hereby on behalf of the above name enter agreement with you. I urge you to abide by the rules and ethics guiding this organization. We shall welcome you as one of our employees and hope that you will find your employment with us satisfactory. We are pleased to offer you employment with the Koch Industries Inc. Company upon the following terms and conditions:
1. DATE OF COMMENCEMENT
Your commencing date with the Koch Industries Inc. will be stipulated on the intent appointment letter if you are successfully appointed. Your contract with us will last for 5 years after which we will consider extension.
Your starting basic monthly salary will be $7500 USA Dollars /- per Month which you will receive before 28th of every Month.
Hazard/Inconveniences: $560 .00 (Monthly)
Car Maintenance: $500.00 (Monthly)
House & Furnishings: $2,000 (Yearly)
Entertainment & Recreation: 450.00 (Monthly)
Travel & Events: $650.00 (Monthly)
3. VISA PROCUREMENT
The Company could send all the essential documents and appoint US Immigration attaché to assist you in getting your entry clearance from the Consular.
You shall bear the cost of securing your entry clearance (visa) while the company provides air ticket to you and your IMMEDIATE family. You will be reimbursed the cost incurred during your visa processing period after submitting the receipts as evidence of payment.
4. WORKING HOURS
The Company's working hours are Monday to Friday, from 8am to 4pm. You are entitled to one hour of lunch in break every day. You may be required to work beyond the normal working hours to discharge your duties at the sole discretion of the Company. The Company reserves the right, at its sole discretion, to revise, amend or extend the working hours should the need arise.
Besides the gazette public holidays, you are entitled to twenty eight (28) days paid annual leave upon the completion of one year's service from the date of confirmation of your employment.
During the probation period, you are not entitled to any leave.
You cannot carry forward any unutilized annual leave to the next year. Any leave balance at the end of the calendar year shall be forfeited. Unpaid leave shall be granted at the sole discretion of the Company. The Company reserves the right to terminate your employment without notice if you are absent from work on unpaid leave without prior approval from the Company.
You are entitled to five (5) days of compassionate leave per calendar year upon the completion of the first year of service. Approval for compassionate leave shall be at the sole discretion of the company.
All leave applications must be made in writing and at least seven (7) days in advance and shall be approved at the absolute discretion of the Company.
You must notify the Company and/or your immediate supervisor as soon as practicable if you are unable to work for medical reasons. Such notice shall be given within the first four (4) hours of the working day. However, your family also have the same medical entitlements as well as you.
You are required to produce, without demand, a medical certificate in all cases where you are absent from work for medical reasons. You are entitled to fourteen (14) days of paid sick leave per calendar year, upon confirmation of your employment. Sick leave during the probation period shall be approved at the sole discretion of the Company.
If you are hospitalized on a doctor's written order, you may get up to
7. MATERNITY AND CHILDCARE LEAVE
You will be entitled to the Maternity leave as per US law. Such leave is to be taken on doctor's written orders. The maternity leave will be on a fully paid basis as long as the Employee has served for at least one hundred and eighty (180) days before the date of first confinement.
A female Employee on leave because of a miscarriage or abortion shall be considered to be only on normal sick leave.
You are entitled to two (2) days of
8. TERMINATION AND NOTICE
During your employment with Koch Industries Inc., either party may terminate the contract by giving one (1) months’ notice or the equivalent of two (1) month's salary in lieu of notice.
The Company reserves the right not to give any reasons for termination.
The Company, however, has the right to give immediate notice before terminating your services if you are guilty of misdemeanour, misconduct, negligence or breach of any of the terms of this Letter of Contract.
Upon the termination of your employment you shall return to the Company all documents, records, items and materials in your possession or custody belonging to the Company or its clients and you shall not retain any copies (including electronic or soft copies) thereof.
During your notice period, you shall handover all documents and materials relating to your work and ensure a smooth transition of your duties and responsibilities. If you fail to complete the handover during the notice period, the Company shall be fully entitled to require and compel you to stay two (2) more weeks after the notice period has ended to complete the hand over.
You shall not disclose to any third party any confidential information obtained during your course of employment or during your recruiting process unless expressly authorized by the Company.
Confidential information for the purposes of this employment includes and is not limited to trade secrets, business plans, strategies, financial information and any other information that will affect the Company's competitive position.
Your obligations to maintain confidentiality and secrecy shall apply after your employment until such time that the information is no longer confidential or has been made public by the Company.
You shall not without prior written consent of the Company destroy, make copies, duplicate or reproduce in any form the Company's confidential information.
This Letter of Contract shall be governed by and construed in accordance with the law of US
Please confirm your acceptance of the above terms and conditions by signing on the lower right hand side and returning to us the duplicate copy of this letter within three (3) days from the date of this letter.
Koch Industries Inc.
© 2013 Koch Industries Inc. All rights reserved.