An anticipatory breach of employment contract comes into existence when the employer party announces his anticipatory breach of contract to the other party. This contract lays down the causes and the explanation for the same.
Sample Anticipatory Breach of Employment Contract:
Contract Number: 120- H
Type of Contract: Anticipatory
Effective Date: October 10th, 2010
This contract is a legal announcement by the Hot & Red Fast-food Group against Mr. Jim Hudson to put the delivery service programs on hold of our fast food group. This copy of contract is prepared by revising the employment contract issued to Mr. Hudson dated October 12th, 2008 and valid till October 12th, 2010.
Whereas, underneath are the causes & explanations of this contract:
(a)The employer organization is not satisfied with the previous performance and business scale of the employee (Mr. Hudson).
(b)As the terminating date of the contract has come closer, the employer is interested to terminate the services forever.
(c) Monetary dues and pending values will be paid to the employee within seven working days. If any issues encountered regarding the payment, the concerned person can contact the employer organization.
The above mentioned facts are based on the covenants made in the employment contract.
Please note: if the employee is interested to claim any term, a week time is given to him.
Hereby, both the parties are requested to sign the following section by understanding and agreeing on above mentioned term & conditions:
Signature of the Authorized person:
Signature of the Second Party: