7) Termination Provision:

This is, perhaps, the gravest of the clauses in an employment agreement. This clause is one that no employee can fully understand or completely evade. This is entirely decided by the concerned organization as to who it wants to remove. Various organizations mention the procedure of termination and what exactly to pay the terminated employee. Sometimes, organizations can terminate employees without prior notice and also pay. This, too, is mentioned in employment agreements. It is always better to clarify with the head of the organization as to why one has been terminated. This helps an employee to stave off the reasons instrumental in his/ her termination in the future.

8) Intellectual Property:

Intellectual Property (IP) includes – Patents, Trademarks, Copyrights, Trade Secrets and the like. IP usually pertains to organizations that are associated with inventions and creations. Various forms of art also fall under this category. Many organizations give their employees the freedom to come up with their inventions but reserve the rights of using the inventions only for the concerned organization. An employee working in such an organization should be able to face the fact that the credit of his/ her invention will not be attributed to him/ her. This is something an employee of such an organization must understand and accept. One can also look at this from the angle of working for the greater good.