EXHIBIT 10.26
FORM OF EMPLOYMENT AGREEMENT
1. Parties
Party A (Employer)
Corporate Name: GRAVITY Co., Ltd.
Representative: Xxxxxxx Xxxxxxxx Xxx
Address: Shingu Building, 620-2, Shinsa-dong, Gangnam-gu, Seoul
Party B (Employee)
Name :
Resident Registration Number:
Address :
2. Scope of Contract
1) Contract Period: From ___________, 200_ to ___________, 200_ (for 1 year).
The basic contract term shall be one year, extendible upon the agreement
of the parties.
2) Total Annual Salary: KRW _______________
Apprenticeship Period: __________________ months
- The basic amount of salary during the apprenticeship period will be 80% of the
regular annual salary and will be adjusted based on evaluation at the end of the
apprenticeship period.
- The length of the apprenticeship period may be shortened or lengthened as
needed, provided that offers of continued employment may not be made to those
whose productivity, capabilities and work ethics are deemed to be unfit for
continued employment.
3) Details of Annual Salary and Payment Thereof
- The annual compensation consists of basic salary and other allowances.
- The amount equal to one-twelfth of the annual salary shall be paid every
month. The payment date will be the 25th day of each month and will be paid in
advance based on the number of working days in the applicable month.
- If necessary, this agreement may be adjusted by mutual agreement of the
parties, even
prior to the termination date of this Agreement.
- Other details shall follow the corporate personnel policy.
4) Severance Allowance
- An employee who has been employed by the Company for a year or more shall be
entitled to severance allowance.
- Severance allowance shall be paid 14 days in advance of the employment
termination date.
- When calculating the average wage, the total wage will not include other
allowances, except for the basic salary, bonus and annual allowances.
5) Miscellaneous
- If an employee who signs an employment agreement wishes to discontinue his
employment, such employee must submit a letter of resignation at least two
months in advance so as to minimize the difficulty of finding a replacement and
ensure the proper transfer of responsibilities.
- The employee hereby agrees to the above-reference compensation amount, shall
not disclose the amount of his or her compensation to third parties, including
co-workers, and hereby agrees that disclosure of such information may constitute
a cause of termination.
- Any employee who gains employment at a direct competitor of the Company shall
obtain prior written consent from GRAVITY Co., Ltd.
- The employee hereby acknowledges that all work-related materials at the time
of termination or resignation shall belong to the Company and in principle shall
submit all such materials to the Company or his or her successors.
- This Agreement, which has been made on the foregoing terms and conditions,
shall be executed by the parties with a covenant to faithfully comply with the
terms hereof. The parties shall prepare two copies of this Agreement, and each
party shall keep one copy thereof.
Date: , 200
Party B (Employee)
Resident Registration Number:
Address:
Name: (Signature)
Party A (Employer)
Address: Shingu Building, 620-2, Shinsa-dong, Gangnam-gu, Seoul
Corporate Name: GRAVITY Co. Ltd.
Representative: Xxxxxxx Xxxxxxxx Xxx (Signature)
Employee's Covenants Relating to Employment
I hereby covenant to comply with the following and be a worker of good faith
during the course of my employment with GRAVITY Co. Ltd (hereinafter it is
referred to as the "Company").
1) I will strictly comply with all the regulations and instructions of the
Company.
2) I will do my best to carry out the tasks assigned by the Company, execute my
responsibilities in good faith and be in compliance with the Company orders
without negligence or intentional misconduct.
3) I will strictly comply with, and not raise any compliant about, the Company
orders relating to workplace transfers, changes in job responsibilities and
business trips.
4) I will not use the Company's facilities or funds for a purpose unrelated to
work or will not promote private interest under the pretense of work.
5) I will respect trust and faith, build personal characters and abstain from
doing things as an employee which would harm the honor of the Company and my
fellow co-workers.
6) Whether during or after employment, I will not disclose to any third party
confidential information (i.e., management secrets, business plans, development
technology, source, sales routes and sales strategy, business files, business
documents, public bulletins, address book, email accounts, server access
information, salary information, etc.) relating to the Company's business,
divulge such information to the outside, or maintain such information.
7) I will not, in violation of the Company rules, make backups or send to the
outside any files relating to work and will maintain any backup CDs, disks and
hard disks within the confines of the Company.
8) If it becomes necessary to back up my portfolio as evidence of my work
records or maintain data on the outside, I will do so only after obtaining the
consent of the Company's representative.
9) If due to my breach of the foregoing I cause any interruption to the business
of the Company or otherwise cause harm to the Company, I will accept any form of
punishment and will pay for damages without delay.
Date: ,200
Department:
Position:
Resident Registration Number:
Name: (Sealed)
Addressed to: Representative Director of GRAVITY Co., Ltd.
Agreement Relating to Special Conditions to Employment
I hereby submit to the Company the following acknowledgement of special
conditions to employment and hereby covenant to strictly comply with the
following terms as a condition to my employment with GRAVITY Co., Ltd.:
1. Whether during or after employment, I will not disclose or provide to any
third party, or use for a purpose unrelated to work, any development plan,
document, file or materials (including CDs), development products (including
interim products), or any technology or information necessary for the
development of the Game (hereinafter "Game Development Information").
2. I will not, without prior consent of the Company, divulge to the outside any
material relating to the development of the Game, and will keep all backup CDs,
floppy disks, hard disks or any other media containing work-related confidential
information within the confines of the Company.
3. Except in the case of corporate downsizing, I will provide the Company with a
resignation letter at least two months in advance. The transfer of my work
responsibilities will not be deemed complete unless the Company acknowledges
that the transfer to my successor has been completed without a problem and both
parties sign an agreement relating to such transfer. In addition, I acknowledge
that my resignation will be deemed not effective if the workflow of the Company
is interrupted due to the incomplete transfer of my responsibilities and I will
take liability for any damages resulting therefrom. At the time of my
resignation, I will return to the Company all records, information, source
codes, object codes, development schedules and development information received
from the Company or prepared by me in connection with the development of the
Game, and will not make a copy of such information or divulge it to the outside.
4. After I leave the employment of the Company, I will not, without the
Company's written consent, join former employees of the Company who have started
their own business.
5. I hereby acknowledge that all rights to the Game Development Information
obtained in connection with the development of the Game (including the
intellectual property
rights such as the copyrights to the programs and characters) belong, whether
during or after my employment with the Company, exclusively to the Company.
Date: , 200
Department:
Position:
Resident Registration Number:
Name:
Signature :
