Common use of Formulate Clause in Contracts

Formulate. for the employee and provide to the employee an employee handbook, and said handbook shall stipulate all work regulations in compliance with Chinese laws and regulations and include the bonus system and disciplinary rules, working hours, vacation time, the employee corporate benefits plan, and the work safety plan. Once said handbook has become effective, it shall become an inseparable part of this Contract, and both the Employee and the Company shall be required to comply strictly with it in accordance with this Contract. However, if any provision in the employee handbook is inconsistent with or conflicts with any clause stipulated in this Contract, the clause in this Contract shall take precedence.

Appears in 2 contracts

Sources: Employment Contract (Borqs Technologies, Inc.), Employment Contract (Borqs Technologies, Inc.)