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Episode 45: 8 Essential Hiring Contract Terms
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In this episode, Sean discusses hiring contracts and their critical components and the need for written agreements to protect oneself from potential issues that may arise in business relationships. The eight must-have terms in agreements are then outlined, including database clauses, probationary periods, exclusivity, confidentiality, termination, indemnity, promotion and slander, and expectations and standards.
00:00 Introduction: Importance of Contracts in Business
01:00 The Need for Written Agreements
02:25 The Eight Must-Have Terms in Agreements
03:23 Chapter 1: Don't Steal
05:41 Chapter 2: Probationary Period
09:57 Chapter 3: Exclusivity
11:16 Chapter 4: Confidentiality
13:43 Chapter 5: Termination Clause
15:05 Chapter 6: Indemnity Clause
16:31 Chapter 7: Promotion and Slander
18:55 Chapter 8: Expectations and Standards
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