SABBATICAL LEAVE AGREEMENT
This Sabbatical Leave Agreement (“Agreement”) is made and entered into effective as of [Effective Date], by and between [Employee Name], hereinafter referred to as "Employee," who is currently employed by [Your Company Name], a corporation duly organized and existing under the laws of the State of [State], with its principal place of business located at [Your Company Address], hereinafter referred to as "Company."
This Agreement establishes the mutual consent, terms, conditions, and understandings pursuant to which the Employee will undertake a sabbatical leave from their current responsibilities and obligations to the Company for a predefined period as outlined herein. Both parties hereby acknowledge the legal obligations, rights, and responsibilities set forth in this Agreement, agreeing to abide by all conditions specified.
1. Purpose and Scope
This Agreement outlines the terms and conditions under which the Employee is granted a sabbatical leave from their current employment responsibilities with the Company. The aim of this sabbatical is to allow the Employee to engage in [Purpose of Sabbatical], thereby enriching their personal and professional growth, which is expected to ultimately benefit the Company.
2. Eligibility
Employee confirms that they have been employed with the Company for at least [Minimum Number of Years] years and therefore meet the eligibility criteria for a sabbatical as defined in the Company's Sabbatical Leave Policy.
3. Sabbatical Period
This sabbatical leave will commence on [Start Date] and will end on [End Date], during which period the Employee is relieved from their standard job responsibilities.
4. Compensation and Benefits
During the period of the sabbatical leave, the Employee will receive [Percentage of Salary]% of their regular salary. Employee benefits, such as healthcare and retirement contributions, will continue in accordance with the Company's Sabbatical Policy.
5. Expectations and Conduct
During the sabbatical, the Employee is expected to maintain the Company's code of conduct and uphold its reputation. Failure to do so may result in the early termination of this Agreement and disciplinary action upon return.
6. Return to Work
Upon conclusion of the sabbatical period, the Employee will return to their previous role or an equivalent role, subject to availability and the Company's discretion. The Employee agrees to work for the Company for a minimum period of [Minimum Number of Months] months after their return.
7. Termination and Amendments
Either party may terminate this Agreement in accordance with the Company's Sabbatical Leave Policy and applicable laws. Amendments to this Agreement must be made in writing and signed by both parties.
8. Governing Law
This Agreement shall be governed by the laws of the State of [State], without regard to its conflict of law principles.
Employee Acknowledgment:
I have read, understood, and agree to comply with the terms and conditions outlined in this Sabbatical Leave Agreement.
[Signature]
[Employee Name]
Company Acknowledgment:
[Employer's Authorized Signature]
[Your Company Name]
For further questions or clarification, please contact [HR Contact Details]. This Agreement is in compliance with [Your Company Name]'s policies and relevant laws.
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