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  2. Training contract - Wikipedia

    en.wikipedia.org/wiki/Training_contract

    A Practice Training Contract is a formal arrangement between a qualified person and a law practice for supervised training in relation to practicing law in Singapore. [10] A qualified lawyer of at least 5 to 7 years' standing, known as a supervising solicitor, is responsible for the supervision of the practice trainee for the duration of the ...

  3. Memorandum of understanding - Wikipedia

    en.wikipedia.org/wiki/Memorandum_of_understanding

    In business, an MoU is typically a legally non-binding agreement between two (or more) parties, outlining terms and details of a mutual understanding or agreement, noting each party's requirements and responsibilities—but without establishing a formal, legally enforceable contract (though an MoU is often a first step towards the development of a formal contract).

  4. Standard form contract - Wikipedia

    en.wikipedia.org/wiki/Standard_form_contract

    A standard form contract (sometimes referred to as a contract of adhesion, a leonine contract, [a] a take-it-or-leave-it contract, or a boilerplate contract) is a contract between two parties, where the terms and conditions of the contract are set by one of the parties, and the other party has little or no ability to negotiate more favorable terms and is thus placed in a "take it or leave it ...

  5. Personal trainer - Wikipedia

    en.wikipedia.org/wiki/Personal_trainer

    A personal trainer demonstrating use of a Bosu ball. A personal trainer is an individual who creates and delivers safe and effective exercise programs for healthy individuals and groups, or those with medical clearance to exercise. They motivate clients by collaborating to set goals, providing meaningful feedback, and by being a reliable source ...

  6. Non-compete clause - Wikipedia

    en.wikipedia.org/wiki/Non-compete_clause

    Non-compete agreements can incentivize firms to increase investment into worker training and research, as those workers are less likely to leave the firm. [1] Non-competes may reduce overall hiring costs and employee turnover for companies, which may result in savings that could in theory be passed on to customers in the form of lower prices ...

  7. Employment contract - Wikipedia

    en.wikipedia.org/wiki/Employment_contract

    The contract is between an "employee" and an "employer". It has arisen out of the old master-servant law, used before the 20th century. Employment contracts relies on the concept of authority, in which the employee agrees to accept the authority of the employer and in exchange, the employer agrees to pay the employee a stated wage (Simon, 1951).

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