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When should I receive my contract of employment?

Can you help me make sense of this part of a contract? I'm just a little confused what it means.?

  • OK here's the contract excerpt: I also agree to pay you, as and when received by me, a sum equal to the percentage set forth above in this paragraph of all compensation (as above defined) earned and/or received by and/or accruing to me after the expiration of the term hereof, for as long as I shall either directly or indirectly be employed or receive compensation under any employment or contracts entered into and negotiated for during the term of this agreement and/or under any renewal or extension of any such contracts and/or employment and/or under any employment and/or contracts entered into by me at any time in substitution or replacement of any employment or contracts entered into prior to the expiration of said term. Does this mean I have to pay him the said percentage if I enter any contracts during the time I am in a contract with him (and continue paying him till it expires) or any time even if this contract expires and I start a new one with someone else after? Thanks for clearing that up for me!

  • Answer:

    Tough to answer, will need to know is this an employment contract or a agreement for agency? Meaning you are a principle and you engage this person as an agent? There is a different between the 2 , the legal perspective and stand point is important.

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Tough to answer, will need to know is this an employment contract or a agreement for agency? Meaning you are a principle and you engage this person as an agent? There is a different between the 2 , the legal perspective and stand point is important.

jason c

This reads you are completely stitched up, owned. What about the Royalties owed to you.

jupiteress

This reads you are completely stitched up, owned. What about the Royalties owed to you.

jupiteress

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