This 5-Year Employment Contract template is designed for use in Pakistan when establishing long-term employment relationships that require stability and detailed terms. It is particularly suitable for senior positions, specialized roles, or strategic hires where both the employer and employee commit to an extended engagement. The document incorporates all mandatory provisions required by Pakistani labor law, including the Industrial and Commercial Employment Ordinance, provincial labor laws, and social security regulations. It contains comprehensive sections covering employment terms, benefits, obligations, and termination provisions, while allowing customization for specific industry requirements or company policies. The contract's extended duration makes it especially important to include clear terms regarding performance reviews, salary revisions, and career progression pathways.

1. Parties: Identification of the employer and employee with complete legal names and addresses

2. Background: Brief context of the employment relationship and purpose of the agreement

3. Definitions: Key terms used throughout the agreement defined for clarity

4. Appointment and Term: Official job title, employment status, and duration of the 5-year term

5. Duties and Responsibilities: Detailed description of the employee's role, responsibilities, and reporting structure

6. Place of Work: Primary work location and any flexibility or remote work arrangements

7. Working Hours: Standard working hours, overtime policy, and flexible working arrangements if applicable

8. Remuneration: Base salary, payment schedule, and review mechanisms

9. Benefits and Allowances: Standard benefits package including healthcare, insurance, and other allowances

10. Leave Entitlements: Annual, sick, casual, and other types of leave as per Pakistani law

11. Confidentiality: Obligations regarding company confidential information and trade secrets

12. Intellectual Property: Ownership of work product and innovations created during employment

13. Non-Competition and Non-Solicitation: Restrictions on competitive activities during and after employment

14. Performance Review: Performance evaluation process and frequency

15. Termination: Grounds for termination, notice periods, and consequences

16. Governing Law: Specification of Pakistani law as governing law and jurisdiction

17. Dispute Resolution: Process for resolving employment-related disputes

18. Entire Agreement: Statement that the contract represents the complete agreement between parties