In addition, the general principles of labour law apply to the employment relationship. Contracts of employment may be interpreted in accordance with the general principles of contract law as provided for by customary law. In some cases, an employment bonus or company agreement may apply. National employment standards set out in the Fair Work (Commonwealth) Act, 2009 may also apply. (C) NON-COMPETE OBLIGATION. In the event of a voluntary dismissal, the manager is free to look for another job, whether or not a potential employer is a competitor of New Frontier. This amendment to the Employment Contract (the “Amendment”) is dated this 2nd day of May 2008 and amends the Employment Agreement of January 20, 2006 as amended on July 11, 2007 (collectively, the “Employment Agreement”) by and between NEW FRONTIER MEDIA, INC. (“New Frontier”) and IRA BAHR (“Executive”). Unless otherwise defined herein, all capitalized terms used have the meanings ascribed to them in the employment contract. In light of the foregoing and other good and valuable considerations, including the continued employment of the Executive at NFM, the preservation and relevance of which are hereby recognized, the Executive and NFM hereby agree that once the Amendment is complete, it should be signed by both parties. The amendment must then be submitted and maintained with the original employment contract so that anyone reviewing the contract knows that it has been amended.

Companies often involve change. If you operate a business and you have an existing employment contract with an employee and need to change it, you can use a change of employee agreement. Sometimes that changes. Read more It is important that the employer complies with all relevant labour laws when amending the employment contract. This change agreement should include information such as the following: for example, if the employer changes the rights of employees (e.g. B by amending their sick leave or annual leave), it may be necessary to consider all applicable employment or company agreements, as well as national employment standards under the Fair Work (Commonwealth) Act 2009. National employment standards apply to many employees in Australia and set various minimum standards for employment. This employment contract modification agreement can be used to make permanent changes to an existing employment contract. It is not designed to be used as a stand-alone contract. Section 3 “EARLY TERMINATION OF EMPLOYMENT”, paragraph (C) “WITHOUT GIVING REASONS” is hereby amended by “or in the event of a change of control within the meaning of Section 5” and by deleting “In the event that the agent is otherwise employed during the term of this Agreement, his remuneration from such other employment will be used to mitigate New Frontier`s payment obligations under this Agreement. Agreement used. If necessary, review employment contracts and any applicable laws, or seek legal advice if you have any concerns. The Fair Work Ombudsman also provides useful information on Australian labour laws.

This makes it possible to document revisions, additions and deletions of the terms of an employment contract currently in force. An amendment does not replace the entire original contract, but only the modified part with the amendment. Companies often involve change. If you operate a business and you have an existing employment contract with an employee and need to change it, you can use a change of employee agreement. Sometimes changes are needed if the responsibility for the work has changed or if you want to reward an employee with more vacation days. An amendment to the employment contract is useful if you only want to change one or two terms of an existing contract. With a change in the employment contract, you and the employee can agree on changes to the initial agreement, for example in terms of salary, duration of employment or benefits. A copy of the original employment contract must be attached to the final amendment signed to the employment contract. Would you like to know more about the main forms of employment? For more information, see our HR Guide. Other names for this document: Modification of the employment contract, modification of the employment contract The general principles of contract law apply to contract amendments. All other terms of the Employment Contract that are not expressly modified herein shall remain in full force and effect. This amendment, together with the employment contract, contains all the conditions agreed by the parties with regard to the subject matter of the contract.

All prior agreements, undertakings, negotiations and representations, whether oral or written, relating to the subject matter of this amendment or the Employment Contract, not expressly set forth in this Amendment or the Employment Contract, shall be invalid or effective. Any waiver, modification or modification of any of the conditions of this change will only be effective if it is made in writing and signed by both parties. This change can be made in a maximum of two counterparts, each of which is considered original, but together represents a single instrument. If it only takes multiple changes to a contract, it can be much easier to create a change than to create an entirely new contract from scratch. (B) AMENDMENT OF THE EMPLOYMENT REGIME. In the event of a change of control and in the event that New Frontier subsequently makes any of the following changes, the Commission is entitled to voluntarily terminate its employment relationship with New Frontier (“Voluntary Termination”): This document will result in permanent changes to the Employment Agreement. If the parties intend that the amendments will apply only for a limited period of time, they shall ensure that this is clearly stated when preparing the amendments. For example, if the parties intend to keep the amendments in effect only until a specific date or event, they must make this clear when preparing this document. Use the document to modify the employment contract if: You fill out a form.

The document is created before your eyes when you answer the questions. (iii) New Frontier is involved in a merger, consolidation or execution of a similar transaction with another business entity under which at least 50% of the total voting rights of the company resulting before the merger or acquisition by New Frontier are no longer owned or accepted by New Frontier shareholders, and the shareholders agree, if any: a plan for the liquidation or complete dissolution of New Frontier, a dissolution or complete liquidation of New Frontier, or New Frontier sells or disposes of substantially all of its assets to an independent party (as provided for in section 1.409A-3 (i) (5) (vii) (3) of the Treasury Regulations published under the Code). Employment Contract [Amendment] – New Frontier Media Inc. . . .